Latest business stories from across Kenya.
“Hidden costs” and project delays are the nightmare of building a home in Kenya. SmartBuild AI just launched a platform using AI and local data to provide accurate cost estimates and bring transparency to the process. Is this the future of…
The Kenya Bureau of Standards (KEBS), the statutory body mandated to uphold quality standards in Kenya, has issued a crucial notice to all importers of used and second-hand motor vehicles. This includes returning residents, diplomatic…
Diamond Trust Bank (DTB) has officially announced the opening of a new branch in Kitui County. It is the 92nd branch in Kenya and its 161st across the East African region. The launch aligns with DTB’s expansion plan designed to deepen…
The Equity Group Foundation (EGF) and the United Nations Development Programme (UNDP) have signed a Memorandum of Understanding (MoU) aimed at accelerating innovation and providing robust support to businesses to drive inclusive economic…
The Trump administration on Thursday said import taxes on coffee and bananas will be lowered as part of trade deals with four Latin American countries. The agreements with Argentina, Guatemala, El Salvador and Ecuador come as US President…
As the African Growth and Opportunity Act (AGOA) nears its end, Kenya is looking beyond temporary trade preferences and setting its sights on a future driven by innovation, investment, and industrial growth. Government and business leaders…
The Kenya Association of Manufacturers (KAM) has raised an alarm over a Ksh 11 billion debt that the government owes textbook publishers and printers, warning that the growing crisis is now threatening the smooth supply of learning…
Kenya Railways is once again at the centre of a long-running pension crisis, but this time the corporation says it has a concrete plan that could finally ease the suffering of its retired workers. After years of complaints, delayed…
Financial services and business solutions provider Pesapal has entered a deal with KCB Bank Kenya to transform fuel station operations across East Africa. The deal will see the two entities roll-out the Pesapal advanced Forecourt…
The Kenya Revenue Authority has announced a major digital shift in customs operations, stating that all bank guarantees for customs activities will be executed and managed exclusively through the Integrated Customs Management System from…
Kenya’s banking industry could soon face tougher scrutiny as the government seeks to give the Central Bank of Kenya (CBK) broader powers to punish financial institutions that break the law. This follows the presentation of the Banking…
Co-Operative Bank of Kenya Plc Third Quarter Net Earnings grew 12.3% to KSh 21.56 Billion, the positive news causing heightened activity on its counter at the Nairobi Securities Exchange(NSE). Co-Operative Bank shares were among the top…
Safaricom today hosted the Safaricom Cybersecurity Summit 2025 at the Mövenpick Hotel. The forum brought together a critical mass of business leaders, government officials, regulators, and technology experts. The forum, themed Powering…
In Africa, a house is more than a roof over one’s head. It is a symbol of dignity, a vessel of intergenerational wealth, and a cornerstone of economic stability. In the Kenyan context, where the housing deficit stands at over 2 million…
As we move deeper into 2025, the pressures on workers globally have intensified. Rising living costs, blurred work-life boundaries, climate disruptions, and economic uncertainty are no longer fringe issues, they are central to how people…
Visa and the Mojaloop Foundation have announced a collaboration aimed at boosting fraud prevention and risk mitigation in the digital payments landscape. The partnership will focus on practical deliverables through product training,…
Google has officially launched its Gemini Pro Plan (Google AI Pro) in Kenya. As part of the launch, Google will provide eligible Kenyan university and college students (aged 18 and above) with 12 months of complimentary access to the…
Airtel Africa, through its fiber service arm, Airtel Africa Telesonic, has selected Nokia to build a high-capacity terrestrial fiber network spanning East and Central Africa. The strategic project is positioned to be a major catalyst for…
The Kenya Revenue Authority (KRA) has issued a crucial public notice regarding the Automation of Bank Guarantees within its Integrated Customs Management System (iCMS), effective December 1st, 2025. This directive is relevant to importers,…
The Nairobi City County Government has announced a sudden and significant change regarding the banking operations for its health facilities, following a resolution by the County Executive Committee. The move shifts the county’s banking…
East African Breweries PLC (EABL) has concluded the first tranche of its new Ksh. 20 billion Domestic Medium-Term Note Programme, raising a total of Ksh. 16.76 billion after the offer was significantly oversubscribed. The regional beverage…
EABL (East African Breweries Limited) received bids from investors amounting to KSh 16,764,220 against a target of 11 billion. In light of the oversubscription of 152,4020%, the listed brewer used the green option to accommodate an extra…
Kenyans living abroad have sent home over Ksh1 trillion this year, marking the highest remittance record in the country’s history. Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs Musalia Mudavadi announced…
Apple has faced a wave of online mockery following its announcement of a new carrying case for its iPhone range. The US tech giant was ridiculed after it revealed the iPhone Pocket on Tuesday would retail for £219.95, despite it being…
