Latest business stories from across Kenya.
As it prepares to mark 25 years of youth empowerment in Kenya and beyond, CFK Africa has appointed Jeffrey Okoro as its first chief executive officer, Beth-Ann Kutchma as executive director, and Nelia Verano as director of philanthropy.…
Fairtrade Africa is celebrating its 20th anniversary, marking two decades of investing in African and Middle Eastern farming communities. The organization announced it has channeled almost €700 million into over 780 community projects,…
The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) for August shows a significant easing in the contraction of private sector business conditions, hinting at a potential recovery after a difficult July. The headline PMI rose to 49.4…
Bolt Market, the grocery delivery service operated by mobility giant Bolt, is reporting explosive growth less than a year after entering the Kenyan market. The company says orders have increased by 300 per cent since its December 2024…
Fairtrade Africa is celebrating two decades of work with smallholder farmers and workers across Africa and the Middle East, marking the anniversary with a pledge to deepen its focus on sustainability, youth empowerment, and women’s…
Absa Bank Kenya has rolled out a new customer rewards campaign that seeks to boost the use of digital payments while rewarding loyal customers with cash prizes. In a press statement dated Wednesday, September 3, 2025, the three-month…
Market pundits attribute the ongoing brisk activity and the bull run at the NSE to increased speculative trades, investor sentiments and institutional investors projecting dips in the coming polls.
The Board of the Financial Inclusion Fund (Hustler Fund) has appointed Henry K. Tanui as the new Chief Executive Officer on a renewable three-year term. Tanui succeeds Elizabeth Nkukuu, who has steered the Fund since its inception. At the…
The Kenya Bankers Association (KBA) has backed the Central Bank of Kenya’s new risk-based approach to credit pricing, which will provide a new benchmark for interest rates to be charged on commercial bank loans. In a statement on…
Kenya’s affordable housing drive is taking a new turn as property developers call for stronger estate management to safeguard investments and improve the lives of residents. The Kenya Property Developers Association (KPDA) says the success…
The banking industry has welcomed the Central Bank of Kenya’s (CBK) move to introduce a new loan pricing formula for variable-interest loans, saying the changes will boost access to credit and strengthen transparency in the sector. The…
A new report by Controller of Budget Margaret Nyakang’o shows that President William Ruto’s office spent over Ksh800 million on printing official documents during the last financial year. The report, published on Tuesday, September 2,…
Li Hua, the founder of Chinese online brokerage Futu Holdings, has more than tripled his net worth to an estimated $9.6 billion, a testament to the company’s successful pivot following a sweeping government crackdown. According to Forbes,…
Mount Kenya University’s founder, Simon Gicharu, has awarded Ksh 100,000 to Hamia Adhiambo Ouma, a Diploma in Business Management student at MKU Nakuru Campus, for submitting the winning name for the university’s new auditorium. Her…
Dr. Sidi Ould Tah has officially been sworn in as the 9th President of the African Development Bank Group (AfDB). The 60 year old from Mauritania was elected on May 29, 2025, with a historic 76% of shareholder votes, the highest margin…
With a Market Capitalization of KSh 4.36 billion, Sameer Africa (SMER) stands as the fastest growing stock at the NSE, its shares having appreciated significantly over the 8 months’ period of this year.
The Oxford University Saïd Business School is this week hosting the fourth edition of the Africa Venture Finance Programme (AVFP), aimed at supporting the growth of technology and tech-enabled enterprises. The event taking place from 1-5…
Kenya and Uganda have moved to end years of trade disputes by agreeing to drop tariffs and non-tariff barriers that have been choking the flow of goods between the two countries. The deal is the result of a directive issued in July by…
Traders are calling on the Kenya Revenue Authority (KRA) and the National Treasury to delay the mandatory requirement for a Certificate of Origin (CoO) for all imports into Kenya by at least one year. They argue that more time is needed…
More than 40 leading African venture capital (VC) fund managers are participating in the Africa Venture Finance Programme (AVFP) at Oxford University’s Saïd Business School from September 1-5, 2025. The program aims to strengthen Africa’s…
RUBiS Energy Kenya has announced the launch of two new service stations in Eldoret, RUBiS Iten Road and RUBiS Champions Mall. The expansion pushes the company’s national retail network past the 300 station mark. Group Managing Director,…
A quiet but significant shift is unfolding in Kenya’s urban centres. Once defined by in-person errands and brick-and-mortar retail, city life is being reshaped by a growing dependence on delivery platforms. The daily routine of navigating…
When I think about how fast the delivery business has grown in Kenya, I often remember a simple truth: convenience is not a luxury anymore, it is a necessity. Just a few years ago, the idea of ordering a hot meal, groceries, or even…
RUBiS Energy Kenya today expanded its national footprint with the launch of two new service stations in Eldoret
