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Latest business stories from across Kenya.

KRA Seizes Over 21,000 Undeclared Smartphones at Eldoret Airport
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KRA Seizes Over 21,000 Undeclared Smartphones at Eldoret Airport

Kenya Revenue Authority (KRA) officers at Eldoret International Airport have intercepted a massive shipment of undeclared high-end smartphones, highlighting ongoing efforts to tackle tax evasion. The 21,600 phones were valued at Ksh…

1 min read
Banks to Benefit from CBK’s New Cybersecurity Hub
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Banks to Benefit from CBK’s New Cybersecurity Hub

The Central Bank of Kenya (CBK) has unveiled a Banking Sector Cybersecurity Operations Centre, known as BS-SOC, aimed at strengthening the country’s financial system against increasingly sophisticated cyberattacks. In a statement released…

1 min read
Who is Kipkemoi Kibias, the New Acting CEO of KETRACO?
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Who is Kipkemoi Kibias, the New Acting CEO of KETRACO?

The Kenya Electricity Transmission Company Limited (KETRACO) has appointed Eng. Kipkemoi Kibias as its Acting Managing Director and Chief Executive Officer, effective September 19, 2025. KETRACO’s Board of Directors Chairman, Capt. Mohamed…

1 min read
Tea Stocks Rally as Farmers Await KTDA Bonus Announcement
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Tea Stocks Rally as Farmers Await KTDA Bonus Announcement

Investors at the Nairobi Securities Exchange (NSE) were bullish on Kenyan tea firms on Friday, pushing shares of Limuru Tea, Kakuzi, Kapchorua, and Eaagads to the top of the gainers list. Market watchers attribute the surge to anticipation…

2 min read
Kenya Bets on Fresh U.S. Trade Deal to Protect Ksh96.5B Exports
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Kenya Bets on Fresh U.S. Trade Deal to Protect Ksh96.5B Exports

Kenya’s multibillion-shilling textile and apparel industry could face a major test at the end of this month if duty-free access to the U.S. market expires without a backup plan. The government is now banking on fast-tracked negotiations…

2 min read
KETRACO appoints Kipkemoi Kibias as acting CEO, replaces John Mativo
HapaKenyaBusiness

KETRACO appoints Kipkemoi Kibias as acting CEO, replaces John Mativo

The Kenya Electricity Transmission Company Limited (KETRACO) has appointed Eng. Kipkemoi Kibias as its new acting Managing Director and CEO, effective September 19, 2025. This leadership change was announced by the KETRACO Board of…

1 min read
Mobile Currency Trading Revolution in Kenya
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Mobile Currency Trading Revolution in Kenya

Modern forex trading app solutions have made currency markets accessible to ordinary Kenyans who previously couldn’t participate in international trading.

5 min read
Foreign Investors Take Flight as Kenya’s Stock Market Turns Bearish
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Foreign Investors Take Flight as Kenya’s Stock Market Turns Bearish

Activity at the Nairobi Securities Exchange (NSE) has dampened following a decision on Wednesday by the US Federal Reserve Department at its September 17th meeting to cut its benchmark lending rate by 0.25 percentage points.

2 min read
Attractive Pricing Lures Investors to Shorter But Long-Dated T-Bonds
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Attractive Pricing Lures Investors to Shorter But Long-Dated T-Bonds

The Government’s fiscal agent, Central Bank of Kenya (CBK), received bids worth KSh 97.3 billion, out of the KSh 40 billion worth of 20 year and 25 year Treasury bonds offered at this Wednesday’s auction. The CBK raised KSh 61.4 billion…

1 min read
Kenya to host 2025 COMESA summit in Nairobi on October 7-9
HapaKenyaBusiness

Kenya to host 2025 COMESA summit in Nairobi on October 7-9

Kenya will host the 2025 Common Market for Eastern and Southern Africa (COMESA) Summit from October 7-9, 2025, at the Kenyatta International Convention Centre (KICC). The summit will bring together Heads of State, government officials,…

1 min read
Samsung launches 100 inch Neo QLED AI TV in Kenya
HapaKenyaBusiness

Samsung launches 100 inch Neo QLED AI TV in Kenya

Samsung Electronics East Africa has launched its new flagship television, the 2025 NEO QLED 100-inch AI TV (S-QA100QN80FUXKE). Unveiled at the Glee Hotel in Nairobi, the new model is designed to redefine home entertainment with its massive…

2 min read
Google to provide free AI tools to African college students
HapaKenyaBusiness

Google to provide free AI tools to African college students

Google has announced that it will provide advanced AI tools to college students (aged 18 or older) in countries including Egypt, Ghana, Kenya, Morocco, Nigeria, Rwanda, South Africa, and Zimbabwe. The students will receive a free one-year…

2 min read
EPRA Pushes for Technology to Drive Upstream Petroleum Operations
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EPRA Pushes for Technology to Drive Upstream Petroleum Operations

The Energy and Petroleum Regulatory Authority (EPRA) of Kenya has called on African countries to embrace technology and innovation in upstream petroleum operations to remain competitive in the global oil and gas industry. Speaking at the…

2 min read
Three Key Sectors With Untapped Investment Opportunities in DRC
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Three Key Sectors With Untapped Investment Opportunities in DRC

Delegates attending the five-day trade mission to the Democratic Republic of Congo (DRC) are discovering untapped opportunities in agriculture, manufacturing, and logistics. The mission, which began on Monday, has drawn participants from…

3 min read