Latest business stories from across Kenya.
NCBA has successfully completed the Payment Card Industry Data Security Standard (PCI DSS) Version 4.0.1 certification for both its Bank and Loop Cards, as confirmed by VISA’s registry. This achievement comes at a critical time when the…
BWH Hotels, the global hospitality firm, has elevated its presence in the East African market, rebranding one of its key Nairobi properties as a Best Western Premier—the company’s first hotel under its highest-tier Best Western brand in…
Kenya reaffirmed its position as a major hub for industrial growth as the Arise IIP–Kenya Investment Forum 2025 convened over 500 high-level delegates in Kilifi County. The two-day forum attracted global investors, development finance…
Safaricom, in partnership with Huawei, has launches VybCall, Kenya’s first-ever Video Ring Back Tone (VRBT) service. Innovated from the popular Skiza service VybCall introduces personalized videos to entertain callers while they wait. This…
Bamburi Cement and Superior Homes Kenya, through a joint Corporate Social Investment initiative, are hosting a free eye screening campaign for truck drivers along the busy Nairobi–Mombasa highway. The initiative, themed “Healthy Eyes,…
Parliament has put Posta Kenya in the spotlight with a bold plan to rescue the struggling state-owned corporation. In a session on Wednesday, October 8, 2025, the Departmental Committee on Communication, Information and Innovation met to…
Google today announced a major initiative to support higher education across Africa by offering its premium AI subscription, Google AI Pro for free to university students for 12 months.
KCB Group Plc has significantly ramped up its commitment to sustainable finance, revealing that it assessed Ksh. 578.3 billion worth of loans for environmental and social risks in the past year. This crucial due diligence effort brings the…
Safaricom PLC has reported Ksh. 1.1 trillion in True Value for the 2025 financial year. The company’s latest Annual Sustainable Business Report reveals that the technology giant also contributed Ksh. 809 billion to the GDP through its core…
CIC Insurance Group has unveiled the CIC Global Balanced Special Fund, a USD-denominated balanced collective investment scheme, marking its entry into the global investment scene.
Listed non-banking financial services firm Sanlam Kenya Plc (NSE: SLAM) has announced the launch of the Sanlam Akiba Plus Pensions product that will be primarily delivered and distributed on its digital platform. Sanlam Akiba Plus has been…
Central Bank of Kenya(CBK) has not lifted its foot from the easing pedal, piling more pressure on commercial banks yet again to release their purse strings and lend to private business. At its October 7th meeting, the CBK’s top policy…
Millions of workers in Kenya’s micro, small and medium-sized enterprises, or MSMEs, could soon enjoy retirement benefits for the first time, thanks to a new partnership between Octagon Africa and Alexforbes. The collaboration aims to make…
Safaricom has announced temporary closures of its retail shops across the country to allow for an internal staff event. In a statement released on Wednesday, October 8, the company informed customers of adjustments to its operating hours…
About nine million Kenyans who defaulted on Hustler Fund loans will miss out on the government’s new National Youth Opportunities Towards Advancement (NYOTA) programme. On Monday, Principal Secretaries from various ministries were…
Forex trading in Africa has evolved rapidly in the last decade, not just in volume but in accessibility. And the change hasn’t come from Wall Street firms or flashy trading platforms. It’s come from the phones in people’s hands. Platforms…
Kestrel Capital East Africa Limited (KCEAL), a pioneering investment bank in East Africa and a leading stockbroker in Kenya, has announced its acquisition by Theo Capital Holdings Ltd through a management buyout (MBO).
The Central Bank of Kenya (CBK) has lowered its benchmark lending rate in a move aimed at boosting private sector lending and supporting economic growth. In a statement released on Tuesday, October 7, 2025, CBK Governor and Monetary Policy…
Safaricom Plc, which enjoys dominance in Kenya’s Telco’s business, is facing a state-owned EthioTel- which has sharpened its advantage and is on course to blow up all the investments that the Kenyan operator has sunk into the Ethiopian…
Kenya’s public debt has risen to Ksh 11.81 trillion, equivalent to 67.8 per cent of the country’s gross domestic product (GDP), according to Treasury Cabinet Secretary John Mbadi. Speaking on Tuesday during a briefing with financial…
Kenya Power has reported a profit after tax of Ksh 24.47 billion for the 2024/25 financial year, down 18.7 per cent from the Ksh 30.08 billion it earned the previous year. Despite the decline, the power distributor celebrated record…
Kenya Power Shares Prices dived 5.9% to KSh 14.25 when the Nairobi Securities Exchange(NSE) opened for trading Tuesday as investors reacted to the firm’s earnings report, which showed decline in profitability, revenue and dividend yield.…
Naivas Supermarkets, one of Kenya’s leading retail chain, has announced leadership transition as part of its long-term growth strategy.
Victoria Commercial Bank PLC (VCB) has announced the successful closure of a green financing facility with Symbiotics. Symbiotics, the leading market access platform for impact investing, has arranged a USD 7.5M investment funded by the…
