Latest business stories from across Kenya.
The Absa Digi Loan is an unsecured, short-term mobile loan facility available to active Absa Bank Kenya account holders. It is accessed entirely through the Absa Mobile Banking platform. The loan is flexible bail out for situations when…
The digital lending sector in Kenya has undergone a significant transformation, driven by the Central Bank of Kenya’s (CBK) efforts to regulate what was once a largely unrestricted market. As of January 2026, the CBK has licensed a total…
The Central Bank of Kenya (CBK) has announced the licensing of 42 additional Digital Credit Providers (DCPs) on December 30, 2025. Since March 2022, the CBK has processed a staggering 800 applications. The rigorous vetting process focuses…
NCBA Group and Inchcape have announced a landmark partnership designed to make farm machinery accessible to farmers across the country. This partnership introduces a financing model for New Holland tractors where they are offering up to…
Ms Karen Basiye, Safaricom Director of Sustainable Business, Social Impact, and Foundations, has been named a Schwab Foundation Corporate Social Innovator of the Year 2026.
The Kenya National Highways Authority (KeNHA) has directed all roadside development owners, advertisers, and operators along the A8/B10 Highway, stretching from James Gichuru Road Junction to Jomo Kenyatta International Airport (JKIA), to…
The government has taken a major step towards selling part of its stake in Safaricom PLC as it looks for new ways to raise money for development and reduce reliance on borrowing and higher taxes. The National Treasury has confirmed that it…
Mwananchi Credit has moved to quell reports circulating online that it is facing financial strain and has failed to pay its employees, insisting the claims are false and misleading. In a statement issued by the company’s management, the…
Family Bank has relocated its Utawala Branch to Mustard Seed Plaza, marking the fifth branch relocation under its ongoing branch optimisation strategy aimed at enhancing customer convenience and accessibility.
The Assets Recovery Agency (ARA) has suffered a major legal setback after the High Court rejected its attempt to seize two high-value properties linked to an alleged Sh155 million loss at the Information and Communication Technology…
The government has introduced a strict new 10-point evaluation system for investors seeking to acquire or lease public land for commercial projects, Special Economic Zones (SEZs) and Export Processing Zones (EPZs), in a move aimed at…
Kofisi has announced the closure of its Karen and Upper Hill branches following a net loss of Ksh. 417 million for the 2024 fiscal year. The closure of the Karen location is particularly notable as it was a cornerstone of the company’s…
A legal dispute in Kenya has delayed the planned sale of East African Breweries Limited (EABL) by global drinks giant Diageo Plc to Japan’s Asahi Group Holdings. The High Court has moved the hearing to January 20, 2026, giving the parties…
Uchumi House, a prominent commercial building in Nairobi’s Central Business District, has been put up for sale. Located at the busy junction of Aga Khan Walk and Nkrumah Lane, the property is being offered at Ksh 562.5 million. The…
The success of M-Pesa, steered by CEO Michael Joseph, transformed Kenya, a once predominantly cash-driven economy, into a global leader in mobile money innovation.
Faulu Bank has announced the launch of a mobile loan facility that allows customers to access up to Ksh. 100,000. Customers can apply for and receive funds through two primary digital touchpoints: USSD Code: Dialing *339# on any mobile…
A recent customer survey has confirmed Safaricom as the most reliable mobile internet provider in Kenya, surpassing Airtel, Telkom Kenya, and Jamii Telkom in both speed and service consistency. Subscribers on Safaricom’s network reported…
KCB Foundation has launched 1,000 full scholarships to support academically talented but financially disadvantaged students joining Kenya Senior Schools next week. The social investment arm of KCB Group PLC is investing KShs. 600 million…
Clearing agents and other port users have protested against continued demurrage and detention charges by shipping lines, warning that the fees are pushing up the cost of doing business and fuelling higher commodity prices across the…
Rising mobile costs are reshaping how Kenyans choose their network providers, with new data showing that price now outweighs brand dominance and coverage for many users. A recent customer survey by the Communications Authority of Kenya…
The government has issued a firm warning to beneficiaries of the National Youth Opportunities Towards Advancement (NYOTA) Project, cautioning them against diverting the funds to non-business activities and clarifying how existing loans and…
The Central Bank of Kenya (CBK) has invited buyers for about 281 tonnes of old and damaged coins in a rare large-scale currency disposal aimed at clearing unusable stock from its vaults and making room for newly minted coins. In a tender…
The National Treasury has announced plans to fully automate its debt management and resource mobilization systems in a move aimed at strengthening fiscal transparency and protecting Kenya’s financial integrity. Speaking on Thursday,…
Eleven Kenyan companies have featured on the list annual list of Fastest Growing Companies published by Financial Times.
