Latest business stories from across Kenya.
Amsons Group has tightened its grip on Kenya’s cement industry after securing a controlling stake in East African Portland Cement Company (EAPCC), following the National Social Security Fund’s completion of the sale of its 27 per cent…
Millions of Kenyans who rely on Savings and Credit Cooperative Organisations (SACCOs) are finally seeing signs of relief after a series of shocking losses rocked the sector. Just last year, members of KUSCCO lost Ksh 13 billion, while…
GenAfrica Asset Managers has taken over management of The Cube after a successful purchase of the property from London Town Group. Through it’s Batian Property Fund, GenAfrica acquired the landmark commercial property on Riverside Drive…
The Ethics and Anti-Corruption Commission says it saved the country Ksh16.5 billion in the 2024/2025 financial year by stepping up investigations, integrity tests and proactive operations. During Monday’s report launch, EACC announced that…
Parliament has launched investigations into a fast-growing fraud scheme that appears to be targeting retirees moments after they receive their lump-sum pension payments from the government. According to the Senate, the syndicate somehow…
The Ethics and Anti-Corruption Commission (EACC) has has rolled out a series of major legal and policy reforms designed to speed up Kenya’s fight against graft, including fast-tracking corruption cases and expanding investigative powers…
The National Social Security Fund (NSSF) has completed the sale of its 27pc stake in East African Portland Cement Company (EAPCC) to Amsons Group through its subsidiary, Kalahari Cement. The transfer came after the Capital Markets…
Zoho’s Young Creators Program trains 150 East Africans in low-code, empowering athletes and students to build apps without complex coding.
Kenyans have been given a fresh chance to help shape next year’s tax policies as the National Treasury begins collecting ideas for the Finance Bill 2026. The Treasury issued a public notice on Monday, December 8, 2025, inviting citizens…
Kenyans now have an opportunity to give their opinions on the government’s plan to sell part of its shares in Safaricom, after the National Assembly officially opened the public participation process. This step comes at a time when the…
NCBA Bank has teamed up with HEVA Fund to launch a new financing programme that aims to unlock growth in Kenya’s creative economy. The two organisations unveiled the partnership during the NCBA Creative Economy Summit, where they announced…
Kenya Government announced on December 3, 2025, that it had agreed to sell its 15% stake in Safaricom Plc to Vodafone Kenya, for approximately KSh 244.5 Billion. Over the past decade, Kenya has built highways, railways, airports, and…
Kiharu Member of Parliament Ndindi Nyoro has urged the government to sell Safaricom shares through a transparent, competitive bidding process instead of transferring them to a specific company. Speaking during a church service in his…
Netflix Inc. has agreed to acquire the studio and streaming assets of Warner Bros. Discovery Inc. (WBD), a landmark $82.7 billion deal that secures the streaming giant an iconic content library, the premium HBO brand, and a century-old…
Kenya Power has recorded a new all-time high in the country’s electricity peak demand, reaching 2,439.06 Megawatts (MW). This milestone underscores the accelerating growth in electricity uptake among commercial and domestic consumers. The…
The Supreme Court of Kenya has overturned a contentious 2020 Court of Appeal judgment that had imposed withholding tax on certain fees generated from card transactions. The ruling, which resolves the matter of Petition No.12 (E014)/2022:…
LOOP has officially launched the LOOP Shopping Festival, a festive season campaign designed to reward customers with savings extending into the new year. The campaign promises customers up to 20% cashback on their purchases, accessible…
LOOP, the Fintech subsidiary of NCBA Group, has announced that it has upgraded its LOOP FLEX product in partnership with bolttech. LOOP has also simultaneously kicked off the LOOP Shopping Festival, a festive season campaign offering…
Crown Paints Kenya PLC has announced that it has acquired full electric fleet (e-fleet) comprising of 15 electric motorbikes and 9 electric forklifts. The new fleet is expected to cut carbon emissions for the company, a reduction in fuel…
Kenya is on the verge of finally unlocking commercial oil production in Turkana, with the Energy Ministry urging Parliament to quickly approve the revised Field Development Plan (FDP) for Gulf Energy’s South Lokichar project. The ministry…
KCB Bank Kenya has partnered with Visa to launch a Tap to Phone contactless payment solution that will allow merchants to accept card payments using any NFC-enabled Android smartphone. The innovation removes the need for traditional point…
The National Treasury and the Central Bank of Kenya (CBK) have released new data showing a worrying trend that Kenya’s financial inclusion has grown sharply, but financial health has taken a major hit. The numbers show that while access to…
The government is urging private sector players in Kenya’s electric mobility space to intensify investments to expand the country’s charging infrastructure. Increased investment is backed to support higher uptake of electric vehicles which…
KenGen (Kenya Electricity Generating Company PLC) shareholders approved a first and final dividend of KSh 0.90 per share at its recently held 73rd Annual General Meeting(AGM) in Nairobi. This is an increase from a dividend of KSh 0.65 per…
