Latest business stories from across Kenya.
NCBA Group PLC has posted a notable improvement in its financial performance for the first half of 2025, with profit after tax rising by 12.6 per cent to Ksh 11.1 billion, up from Ksh 9.8 billion during the same period last year. The…
The war against corruption has escalated sharply after the Director of Public Prosecutions (DPP) ordered charges against several sitting and former governors, alongside a web of county officials, contractors, and private companies accused…
National Treasury Cabinet Secretary John Mbadi has reiterated the government’s firm commitment to e-procurement, dismissing claims that the directive requiring its use had been withdrawn. Addressing the Development Partnership Forum on…
Kenya is facing a severe shortage of raw sugar that is disrupting the production of industrial sugar used in key sectors such as pharmaceuticals, food processing, and alcohol manufacturing. On Thursday, August 28, 2025, Cabinet Secretary…
Old Mutual’s investment income rose impressively to Ksh 4.2 billion in the first half of 2025, up from Ksh 3.7 billion the year before. This gain was fueled by a strong Kenyan shilling, growing asset holdings, and fair value improvements…
This financing option applies to homes valued at no more than KSh 15 million under the Kenya Mortgage Refinancing Company (KMRC) model.
flynas, the Middle East’s leading low-cost carrier, has announced the launch of three weekly direct flights between Riyadh, Saudi Arabia, and Nairobi, Kenya, beginning 2nd October, 2025
Kenya Airways(KQ) has reported a KSh 12.15 billion half-year net loss, a reverse from a KSh 513 Million net profit at the end of the first half of 2024. This is a dramatic reversal of fortunes, since kQ had made a full year net profit of…
Safaricom has announced a renewed pledge to help micro businesses grow into SMEs and even large enterprises, aiming to lift its contribution to Kenya’s GDP beyond eight per cent. In Kenya at the moment, businesses with fewer than ten…
Kenya has lost some of its super-rich individuals over the past year, with the number of individuals holding at least $1 million in investable wealth dropping from 7,200 in April 2024 to 6,800 by June 2025. These individuals, often…
Kenya has lost a significant share of its millionaire class over the past year. The number of dollar millionaires dropped from 7,200 in April 2024 to 6,800 by June 2025, according to new data from wealth intelligence and market research…
The Ethics and Anti-Corruption Commission has arrested a senior government official in the Siaya County Government for allegedly embezzling Ksh100 million through fake allowances. Hezron Junior Opiyo, the Department of Finance and Economic…
At the close of trading at the Nairobi Securities Exchange (NSE) this Monday, BOC Kenya, which has a market capitalization of KSh 1.96 billion, recorded one of its biggest stock move yet.
The Central Bank of Kenya (CBK) has returned to the domestic debt market in search of Ksh60 billion to help finance government spending in September. The move comes barely a week after the institution closed two record-breaking…
Listed Logistics firm, Express Kenya (XPRS) was Tuesday’s top price gainer at the Nairobi Securities Exchange(NSE), on a day equity turnover hit KSh 572 million.
The Central Bank of Kenya (CBK) has approved the CIS ValiData tool, a groundbreaking credit data validation and submission system developed by the Credit Information Sharing Association of Kenya (CIS Kenya). The move marks a major step…
Deputy President Kithure Kindiki says Kenya has overcome the period of macroeconomic instability triggered by both external and internal shocks. In a statement, Kindiki announced that the Central Bank of Kenya (CBK) had once again lowered…
The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) has announced changes in how it will process import and export licences for alcoholic beverages. Starting October 1, 2025, all license and consignment permit…
The Sacco Societies Regulatory Authority (SASRA) has warned Kenyans to be careful while saving their deposits with cooperative societies since there are some SACCOs that lack valid licenses. The regulator, in a notice on Monday, August 25,…
Cummins C&G has opened a state-of-the-art engine rebuild centre in Nairobi, aimed at improving service and support for Cummins engines and power equipment throughout East Africa. The facility, located along Lusaka Road, was officially…
Kenya and Germany have expanded their collaboration on migration after convening the first Joint Implementation Committee meeting under the Comprehensive Migration and Mobility Partnership. The talks took place in Nairobi and marked an…
Kenya Airways swung back into the red in the first half of 2025. The airline has recorded a net loss of Ksh 12.15 billion after tax, a stark contrast to the modest Ksh 513 million profit it posted during the same period in 2024. The…
Safaricom Business today convened a high-impact media forum aimed at deepening understanding of how its technology solutions are powering Micro, Small, and Medium Enterprises (MSMEs) as well as large enterprises across Kenya. The…
Kenya Airways PLC (KQ) has today announced that it has posted a loss off Ksh. 12 billion for the six months ended June 30, 2025. This is a big reduction from the Ksh. 513 million net profit that the company posted in a similar period in…
