Latest business stories from across Kenya.
KUSCCO (Kenya Union of Savings and Credit Co-operative Society) Housing Cooperative Society, a subsidiary set up under the now cash-strapped Central Finance Fund(CFF), is under investigations by the Office of Commissioner for Cooperative…
SBM Bank Kenya has entered a new partnership with Mastercard as part of its plan to strengthen its digital payments offering and restore the bank’s financial performance. The deal will give customers access to Mastercard’s global network…
The Central Bank of Kenya (CBK) has reopened bids for two long-term Treasury bonds as the government seeks fresh financing for its budget. The offer includes 25-year and 30-year fixed-coupon bonds now available for investors. In a notice…
Proparco has completed an investment in BasiGo, the Nairobi-based e-mobility company that is working with public transport operators in Kenya and Rwanda to transition to electric buses. BasiGo has 100 electric buses currently deployed…
Credit Bank Kenya Plc, a tier three lender, is scheduled to hold an Extraordinary Shareholders Meeting(ESM) this 19th December 2025 to get a nod from shareholders for its capital raising plan, ahead of the December 31st 2025 deadline set…
The Kenyan banking sector is about to face a major change as the Central Bank of Kenya shifts all variable-rate new loans to a single reference rate called the Kenya Shilling Overnight Interbank Average, alias KESONIA. The move, aimed at…
Centum Investment Company has posted stronger half-year results, supported by better performance in its real estate projects and a major drop in liabilities. The company reported a 6.1 per cent rise in net profit to Ksh 472 million for the…
Central Bank of Kenya(CBK), received a surge in bids submitted by investors at its Weekly Treasury Bills Auction amounting to KSh 44,812 million, out of KSh 24,000 million offered, an oversubscription of 186.72%. This is the 8th…
Kenya has been elected as the Vice Chairperson of the International Telecommunication Union (ITU) Telecommunication Development Advisory Group (TDAG). The election which took place at the ongoing World Telecommunication Development…
Kenya’s pioneering electric vehicle (EV) firm has successfully launched its first range of electric vehicles in the market. The firm unveiled it’s five signature EVs including, Dhahabu, a premium urban cruiser, Taji which is a mid-size…
Elegeyo Marakwet County is targeting to attract investments in key sectors which will unlock its economic growth. The county in collaboration with Kenya National Chamber of Commerce (KNCCI) Elegeyo Marakwet Chapter organized a high level…
The National Bureau of Statistics (KNBS) has confirmed a fresh rise in the cost of key household items between October and November 2025, forcing many Kenyan families to readjust their budgets once again. According to the latest data, food…
Corporate Bonds are now the new attraction as investors seek these debt instruments with renewed interest and stronger appetite. The bull run that has been on in the Equities market also seems to be taking a breather, as foreign investors…
The Nairobi Securities Exchange(NSE) has successfully done a live link of its trading infrastructure with Absa Bank South Africa, allowing the giant financial institution to execute trades on its platform through Absa Securities Limited, a…
In a move that has sent shockwaves, Trump took to his social media platform, Truth Social Friday morning, to announce a “permanent pause” on migration from all “Third World Countries.” For the Kenyan diaspora and the millions back home…
Kenya has secured a Ksh 23.5 billion (US$185 million) concessional loan from the Export-Import Bank of China to modernize its transport network and improve traffic management across major road corridors. The agreement was signed by…
HF Group has announced a major jump in earnings, posting Ksh 1.14 billion in profit before tax. This is a 265 per cent rise from what it recorded during the same period last year. Profit after tax also increased to Ksh 988.7 million, more…
The High Court has nullified the supply, installation and maintenance of the Excisable Goods Management System (EGMS), dealing a major blow to the Kenya Revenue Authority’s (KRA) flagship track-and-trace mechanism for monitoring excisable…
Kenya Airways has issued a profit alert, warning that its 2025 earnings will drop by at least 25% compared to 2024. The airline attributes this decline to engines availability and spare parts shortages. Currently, Kenya Airways says three…
Canon Central and North Africa (CCNA) is executing a strategic pivot to capture the growing East African video content market, hosting its inaugural ‘Creator Lens’ event in Nairobi, Kenya. The initiative, which took place on November 19 at…
TPS Eastern Africa Plc, the owners of Serena Group of Hotels which is majority-owned by the Aga Khan Fund for Economic Development (AKFED), is warning of a significant drop in profits, expecting a fall of over 25% in 2025. This is largely…
A London court has delivered a major setback to SportPesa shareholder and former chair Paul Wanderi Ndung’u after ruling that his allegations of fraud, conspiracy, and illegal dilution of his stake in SportPesa Global Holdings Limited…
Amsons Group has moved to increase its stake in East African Portland Cement Plc (EAPC) after signing a share purchase agreement (SPA) to acquire an additional 27 per cent of the company. If approved, this deal will make the Pan-African…
Stanbic Bank Kenya has signed a Memorandum of Understanding with Premier Solar Solutions Limited to expand access to affordable and reliable solar energy for businesses. The partnership strengthens Stanbic Bank’s renewable energy…
