Latest business stories from across Kenya.
M-KOPA has today released its first country specific Impact Report which is focusing on the Kenyan market. The company claims to have unlocked over Ksh. 207 billion in credit for 7 million customers in 5 markets since 2010. Martin Kingori,…
Paramount Bank has officially surpassed the Central Bank of Kenya’s (CBK) minimum core capital requirement of Ksh 3 billion.
During this year’s ICX Award, First Assurance was recognized for implementing the Best Customer Communication Strategies.
NCBA Investment Bank has introduced two new USD denominated offshore funds providing clients with access to international investment markets. The minimum investment for the pooled funds is USD 1,000 (Ksh. 129,000). The two funds are the…
With this release, Zoho One offers a more connected and context-aware environment for organisations of all sizes.
Kenya Power has kicked off deployment of its smart meter reading technology targeting 1.8 million postpaid meters. The firm says the Optical Character Recognition (OCR), allows for digital scanning of meter the post-paid meters whose…
RUBiS Energy Kenya has officially launched its newest branch with the official launch of the RUBiS Kenol Service Station. The transformation of the Kenol site is meticulously timed to coincide with major infrastructure upgrades along the…
The UK has become the “most expensive place in the world” to build nuclear power plants, according to a government review which criticises “overly complex” bureaucracy around the sector. The report, which was commissioned by Prime Minister…
Kenya Power has initiated the nationwide deployment of a new meter reading technology, Optical Character Recognition (OCR). It is aimed at significantly improving the efficiency, accuracy, and speed of meter data collection and subsequent…
President William Ruto has signed the Government Owned Enterprises Bill 2025, into law, marking a significant overhaul of how State-owned entities in Kenya are established, governed, and managed. The new Act aims to enhance corporate…
Kenya Power has begun using a new meter-reading technology known as Optical Character Recognition (OCR) as part of a wider effort to modernise its billing systems and reduce errors. The system replaces the traditional method where meter…
Consolidated Bank Group has reported a major financial rebound, posting a profit before tax of Ksh 94.7 million for the nine months ending 30 September 2025. This marks a sharp turnaround from the loss of Ksh 122.4 million recorded during…
Safaricom PLC has introduced four new millionaires under its Shangwe @25 promotion, raising the total number of winners to five since the campaign began two weeks ago. The latest beneficiaries are Josephine Waswa from Bungoma, Bernice Mumo…
The Nation Media Group (NMG), East Africa’s largest independent media house, has quietly reorganised its shareholding structure in a move that has stirred fresh debate over the future of Kenyan media ownership.
Diamond Trust Bank (DTB) has announced that it has successfully planted and is actively nurturing one million trees under its initiative, Much More Than Trees. The program aims to grow a total of 10 million trees across Kenya by 2030. The…
The Central Bank of Kenya (CBK) has significantly streamlined the investment process for government securities by integrating the M-Pesa mobile payment platform into its digital system, DhowCSD. This new feature allows investors to…
Abojani Investment successfully concluded its 5th Abojani Economic Empowerment Conference. This year’s conference focused sharply on the role of credible financial information, pension awareness, and digital transformation as essential…
Kenya’s currency market remained calm in the week ending November 20, 2025, with the shilling showing steady performance despite the global strengthening of the US dollar. The Central Bank of Kenya (CBK), in its weekly bulletin released on…
Safaricom, East Africa’s leading mobile phone company’s planned KSh 40 Billion Corporate Bond, presents immense benefits to investors while allowing the operator to cut its debt load, strengthen the network and recoup its investments in…
iHUB Kenya has successfully concluded the acceleration of Cohort 3 of the Mastercard Foundation EdTech Fellowship. The eight-month program culminated in a Demo Day held during iHUB’s EdTech Impact Week in Nairobi. The event brought…
NCBA has announced a new partnership with the Lake Victoria South Water Works Development Agency (LVSWWDA). The collaboration kicks off with the donation of the first tranche of twenty-four (5,000-litre) water storage tanks, aimed at…
Safaricom PLC has announced four new millionaires in its ongoing “Shangwe @25” consumer promotion, bringing the total number of Ksh 1 million winners to five since the campaign launched two weeks ago. The newly crowned millionaires are:…
The government is enhancing capacity of its cybercrime response units amid rising attacks from malicious actors targeting public digital infrastructure. This comes following the cyberattack on Monday which paralyzed access to a number of…
The government will begin fast-tracking approval of pyrethrum-based pesticides in a bid cut down losses associated with the use of harmful synthetic pesticides used by farmers. Agriculture Cabinet Secretary Mutahi Kagwe has directed the…
