Latest business stories from across Kenya.
Kenya Revenue Authority (KRA) has appointed two new commissioners to lead its technology modernisation and tax research initiatives. The tax authority announced that the appointments, effective January 12, 2026, are part of a broader…
Pan-African conglomerate Amsons Group has begun expanding aggressively into renewable energy across East Africa after securing a 600 million dollar power generation deal in Zambia. The company’s managing director, Edha Nahdi, said Amsons…
Kenya is losing out on billions in export earnings every year despite having ready markets for its products, a new study by the Kenya Association of Manufacturers (KAM) as seen by Business Today shows. Released on Thursday in partnership…
NSE (Nairobi Securities Exchange) is expected to benefit from a recent cut in the base rate by the US Federal Reserve as foreign investors swing back to the bourse with surplus funds in the hunt for returns in frontier markets, the Nairobi…
The Central Bank of Kenya (CBK) says the country’s foreign exchange reserves have climbed to 12 billion dollars, marking one of the strongest positions Kenya has recorded in recent years. The latest figures show that the reserves can now…
The Kenya Film Commission (KFC) in partnership with GIZ is deepening its longstanding commitment to championing women’s leadership in film through the launch of the Women-in-Film Incubation Programme. This Kenyan-German flagship initiative…
When we think of banking, we rarely imagine runway shows, textile mills — or runway-ready African designers. But for Cairo-based Afreximbank, that vision has become reality. Across the continent, the bank is backing everything from garment…
Airtel Money has reached a new milestone after its share of the mobile money market rose to 10.3 per cent in the quarter to September 2025. This is the first time the service has entered double digits. The latest data from the…
Brookside Dairy has rewarded its farmers with a Ksh 257 million cash payout, giving them an early Christmas surprise. The bonus is on top of regular payments for milk delivered and is part of the company’s effort to encourage farmers to…
Prime Cabinet Secretary Musalia Mudavadi has strongly defended the government’s privatisation agenda, urging Kenyans to embrace the private sector as a key engine of national development. Speaking on Tuesday, December 9, 2025, during the…
The Central Bank of Kenya (CBK) has cut the Central Bank Rate (CBR) by 25 basis points to 9.00 percent, down from 9.25 percent. The Monetary Policy Committee (MPC) announced the decision during its meeting on December 9, 2025, saying the…
The Principal Secretary State Department for MSMEs Susan Mang’eni has underscored Kenya’s progress in positioning MSMEs as a central driver of the economy. The PS spoke at the Africa Start-up Conference 2025 Ministerial Summit in Algeria.…
Safaricom PLC has announced that its inaugural Ksh. 15 billion corporate bond has attracted applications totaling Ksh. 41.6 billion. The bond is part of the larger Ksh. 40 billion Domestic Medium-Term Note Program. The total subscription…
The Central Bank of Kenya (CBK) has cut the Central Bank Rate to 9 per cent from 9.25 per cent. The Monetary Policy Committee decided on December 9, 2025, saying the adjustment is meant to support economic growth and motivate commercial…
The Standard Chartered Foundation (SCF) and UNICEF’s Generation Unlimited (UNICEF GenU) have today announced a three-year partnership to secure 750 decent jobs for young women in Kenya. The SCF is investing Ksh. 97.5 million to address…
Absa Bank Kenya has expanded its network by unveiling two new service channels, the Branch on the Move and the Service Pod. This rollout, combined with six new branches opened in 2025, brings Absa’s total footprint to 91 branches and…
Ampersand Energy has announced a new partnership that brings the Wylex electric motorcycle onto its battery network across East Africa. The collaboration positions Ampersand as the first company in Africa to open its battery swapping…
Family Bank has successfully closed a private placement of ordinary shares, raising an impressive Ksh. 8 billion, significantly surpassing its target of Ksh. 6 billion. The 131% oversubscription highlights strong investor belief in the…
CFAO Mobility Kenya has officially launched the Hilux Owners Club. It is an exclusive membership program designed to reward, support, and foster a robust community for owners of the iconic Toyota Hilux Pick-Up. The club will serve as a…
Denmark and TradeMark Africa (TMA) have formally launched a significant five-year partnership, backed by DKK 200 million ($30 million), aimed at strengthening sustainable and inclusive trade across the African continent. The new agreement…
Absa Bank Kenya has cemented its position as a leader in financial transparency and accountability by being declared the Overall Winner of the 2025 Financial Reporting Awards (FiRe Awards). The Bank also secured the top spot for Kenya in…
1995 was in some respects a banner year for the nascent technology industry – the PalmPilot was a smash hit, PlayStation took the world by storm, and a company named after a rainforest started selling books online. The desktop computer was…
Africa’s entertainment industry has undergone a dramatic transformation over the past decade. Since the digital migration, the way people consume content, from streaming shows on demand to watching live sports and paying for subscriptions…
The Power Learn Project Africa (PLP) announced that 9,000 young software developers have successfully completed their program. This latest cohort brings the total number of young Africans trained by PLP to over 20,000. The graduation…
