Latest business stories from across Kenya.
Services sector in Kenya is now employing more young Kenyans compared to agriculture sector despite evidence of low earnings. According to a report by World Data Lab, Kenya is among 11 countries in African which have transitioned to…
KCB Bank has committed Ksh 227 million to the 2026 World Rally Championship (WRC) Safari Rally Kenya. In a press statement released on Tuesday, the bank said this marks the sixth year it has backed the rally since it returned to Kenya in…
The Central Bank of Kenya (CBK) has lowered its benchmark lending rate in a move aimed at stimulating economic activity and boosting private sector credit. During Tuesday’s sitting, the Monetary Policy Committee (MPC) cut the Central Bank…
Safaricom has announced that it has partnered with the Nairobi Securities Exchange (NSE) to launch Ziidi Trader. The new platform is integrated directly into the M-PESA Super App and will allow Kenyans to buy and sell listed shares and…
Co-operative Bank of Kenya and World Vision Kenya have announced a strategic partnership to integrate the Chapa Pay gateway into the Inuka Angaza online donation platform. The integration allows Kenyans, corporate entities, and the…
Six of Kenya’s most brilliant young minds are packing their bags for France after clinching top honors at the second edition of the Cannes Young Lions Kenya competition. The victory secures their spots to represent the nation at the…
Old Mutual has announced a strategic partnership with Agencify to automate and scale insurance in Kenya. By integrating Agencify’s technology, Old Mutual intends to empower independent agents, streamline operational workflows, and…
Eveready ditches dry cells for a green platform, offering solar solutions, carbon credits, and financing for electric vehicles in Kenya.
Ziidi Trader, a mobile App run by Safaricom has been officially launched by President William Ruto, opening the door to retail investors with no electronic accounts to trade at the Nairobi Securities Exchange(NSE) or the financial…
Importers bringing goods into Kenya are set to face changes in clearance procedures following new guidelines issued by the Kenya Bureau of Standards (KEBS) after the expiry of key inspection contracts. In a notice published on Tuesday,…
Pressure is mounting on Parliament to rethink how the government plans to sell part of its stake in Safaricom, with a prominent community and professional association calling for local investors to take priority. The GEMA Cultural…
Ahead of Tuesday’s Monetary Policy Committee (MPC) meeting, banks have called on the Central Bank of Kenya (CBK) to maintain the benchmark lending rate at nine per cent, citing the need to allow previous rate cuts to fully filter through…
The High Court has dismissed a petition seeking to force the government to refund motorists for the road maintenance levy on fuel, ruling that the State followed constitutional procedures for public participation before implementing the…
Electric vehicles are quietly reshaping Kenya’s transport sector, and the biggest push is not coming from private motorists but from drivers who rely on their vehicles to earn a living. New data shows ride-hailing platforms have become one…
Nairobi Coffee Exchange(NCE) at last week’s auction recorded sales of 46,984 bags weighing 2,868,424 kilograms and worth US$ 19,869,355.42 (approximately KES 2.58 billion). This was translating to approximately 3,356 bags per hour, or 56…
Safaricom’s dividend announcement has delivered one of the strongest weeks ever at the Nairobi Securities Exchange (NSE), sending share prices higher and pushing the value of the market to a historic peak. The telco declared an interim…
The National Social Security Fund (NSSF) has unveiled a new investment strategy that will see workers’ pension contributions channelled into large infrastructure and real estate projects, as the fund targets higher returns and faster…
Many mobile users believe that disposing of a SIM card is a quick fix for an outstanding M-Shwari debt. However, M-Shwari operates as a formal banking product through NCBA and Safaricom, meaning its recovery processes are anchored in your…
Cellulant has announced the appointment of Michael Muriuki as its new Chief Product & Technology Officer (CPTO). The move unifies the company’s product strategy and technology execution under a single executive office. Muriuki joined…
Stanbic Bank Kenya and Salvador Caetano Kenya have announced a significant expansion of their vehicle financing partnership. By pooling their resources, the two institutions are offering a financial cushion designed to drive growth across…
Google has officially opened applications for the 10th cohort of the Google for Startups Accelerator Africa, marking a major milestone in its decade-long mission to bolster the continent’s digital economy. This year’s edition signals a…
The Tax Appeals Tribunal has affirmed that the Kenya Revenue Authority (KRA) is entitled to treat all money flowing into a bank account as taxable income, unless the account holder can prove otherwise. The decision, arising from a…
For decades, the African Growth and Opportunity Act (AGOA) has been marketed as a cornerstone of U.S.-Africa relations. Recently, the Kenya Association of Manufacturers (KAM) lauded the U.S. House of Representatives’ vote to extend the…
The Kenya Bankers Association (KBA) has officially submitted its Banking Sector Proposals for the Fiscal Budget 2026/27. They have specific recommendations for tax reforms and legislative amendments designed to restore purchasing power,…
