Latest business stories from across Kenya.
Competition Authority of Kenya (CAK) has said the country stands to gain more than Ksh 77.7 billion in additional GDP if it accelerates pro-competition reforms across key sectors, according to a new report released together with the World…
CBK (Central Bank of Kenya) has invited bids for a re-opened 25-year and 30-year Treasury Bonds, the purpose of the December Auction being to raise KSh 40 billion for Budgetary support. The state fiscal agent is offering investors an…
Stanbic Bank Kenya has signed a Memorandum of Understanding (MoU) with Premier Solar Solutions Limited to significantly expand access to affordable and reliable solar energy solutions for businesses throughout the country. Speaking at the…
Micro, Small, and Medium Enterprise (MSME) owners and key industry stakeholders today called for a significant ramp-up of investment and collaboration to propel the next wave of business growth in Kenya. Speaking at the Business Ecosystems…
Murang’a-based businessman Francis Maina has emerged as the final winner of the Ksh. 1 million grand prize in the recently concluded I&M Bank Shinda Millioni competition. Last year, Maina faced immense difficulty after losing his…
Sanlam Kenya Plc has announced that it has officially rebranded to Sanlam Allianz Holdings (Kenya) PLC. This name change follows the recent formation of SanlamAllianz, a joint venture between Sanlam and Allianz. SanlamAllianz operates…
Flutterwave has announced that its remittance solution, Send App, is now offering coverage across the United States. This update is coupled with the crucial return and support for all major card networks, including Amex, Discover, and…
FSD Africa (FSDA) today announced the launch of a new $25 – 30 million Inclusive Insurtech Investment Fund (3iF) at the BimaLab Africa Insurtech Summit. The fund is designed to catalyze private investment in the insurance technology…
Kenya’s wealth gap has widened to staggering levels, with a new Oxfam Kenya report revealing that the country’s richest 125 individuals now own more wealth than 42.6 million Kenyans combined. The report paints a stark picture of…
Eldoret’s healthcare sector is staring at a dramatic upheaval as former Kesses MP Dr. Swarup Mishra prepares to lose control of six prime Mediheal properties, scheduled for auction on December 10, 2025. The forced sale exposes the mounting…
Kenya’s soaring domestic and external debt is putting increasing pressure on the economy, Central Bank of Kenya Governor Kamau Thugge said, as repayment performance shows signs of strain. Thugge, who spoke before the Public Debt and…
According to the newly released Taxpayers Perception Survey by the National Taxpayers Association, most Kenyans depend on either business ventures or employment earnings to sustain their livelihoods. The survey found that 35.6 percent of…
NCBA Group PLC has appointed Muhoho Kenyatta as a Non-Executive Director, effective December 1, 2025. The appointment has generated wide public interest because of Kenyatta’s close history with the bank and his long-standing influence in…
Sanlam Kenya has rebranded to SanlamAllianz Kenya following a new joint venture with German insurance giant Allianz. The partnership now makes the company part of Africa’s largest non-banking financial services group, combining more than…
Kenya is asking China to remove tariffs on key agricultural products like coffee, tea, avocados, and mangoes to help boost exports and reduce the growing trade gap between the two countries. Agriculture Cabinet Secretary Mutahi Kagwe met…
Binance and its founders, including billionaire Changpeng Zhao, are facing a lawsuit in the US accusing the company of helping send millions of dollars to US- designated terrorist organisations, including Hamas and Hezbollah. The legal…
M-KOPA Kenya has announced plans to expand its electric mobility financing model across the country after successful rollout in Nairobi where it has so far financed ownership of 5,000 electric bikes. Speaking during the release of its 2025…
Cooperative Bank of South Sudan has teamed up with the United Nations Development Programme (UNDP) in one of the country’s most ambitious attempts to modernise rural finance. The partnership is part of the Rural Enterprise and Agricultural…
Bolt has announced a partnership with MOOKH, the ticketing and digital commerce platform celebrating its 10th anniversary. This collaboration is designed to offer event-goers safe, affordable, and seamless transport solutions. The…
Kalahari Cement has announced the sealing of a share purchase agreement (SPA) to acquire a further 27% equity stake in the East African Portland Cement Plc (EAPC), valued at Ksh1.6 billion, from the National Social Security Fund (NSSF).
The Kenya Revenue Authority (KRA) has ramped up its efforts to enforce the adoption of the electronic Tax Invoice Management System (eTIMS) across the petroleum sector. They have issued a public notice to all fuel stations that have yet to…
Abdi Dahir, a 25-year-old from Garissa, is the latest winner of Ksh. 1 million in the Safaricom @25 Shangwe consumer promotion. He plans to use the money to ensure a safe roof over their heads and support his brothers and sisters through…
East African Breweries Plc (EABL) has hosted a bell-ringing ceremony at the Nairobi Securities Exchange (NSE) to mark the successful listing of the first tranche of its Medium-Term Note (MTN) Programme. The issuance was met with…
Safaricom PLC has officially launched the first tranche of its ambitious Ksh. 40 billion Domestic Medium-Term Note Program (corporate bond). They have announced an inaugural offering of a Ksh. 15 billion Green Bond. The launch marks…
