Latest business stories from across Kenya.
The National Treasury has stepped up plans to transition Kenya from a cash-based accounting system to an accrual-based system in a move aimed at improving transparency and accountability in public finances. The shift is expected to give a…
After years of endless blackouts and noisy diesel generators, Mandera County could soon get relief from across the border. President William Ruto has announced that his administration will move to secure electricity from Ethiopia as part…
Investors turned out in large numbers for the Central Bank of Kenya’s (CBK) Treasury bond auction on February 11, 2026, pushing total bids to more than four times the government’s initial target. CBK had sought to raise Ksh50 billion…
Russia has “attempted to fully block” WhatsApp in the country, the company said, as the Kremlin continues to tighten restrictions on messaging apps. Meta-owned WhatsApp said the move aims to push more than 100 million of its app users in…
Bar and liquor traders have threatened to move to court if the Senate proceeds with debate on the Tobacco Control (Amendment) Bill, 2024, without wider public consultations. The traders, operating under the Bars, Hotels and Liquor Traders…
The Ethics and Anti-Corruption Commission (EACC) has secured court orders freezing several prime properties in Nairobi’s Parklands area, including a flats project reportedly linked to Mandera Governor Mohamed Adan Khalif, as investigations…
Kenya could add nearly Ksh 662 billion to the economy by adopting international best practices to manage its spectrum according to GSMA Global delegation who have visited the country. While meeting the team in Nairobi, Broadcasting and…
Sun King has announced the launch of EZ 1, its first-ever Sun King branded smartphone, giving Kenyans access to a smooth, reliable smartphone experience for just Ksh 60 per day and a 2,999 Ksh deposit.
A total of 8,433,437 units (kWh) of electricity was consumed in 2025 to charge electric vehicles (EVs), as Kenyans increasingly embrace electric mobility.
Kenya Power realized a 194pc increase in revenue from electricity sales to the e-electric mobility industry which rose from Ksh 64.8 million in 2024 to Ksh 190.8 million last year. According to Kenya Power Managing Director Joseph Siror,…
The Board of the East African Business Council (EABC) has appointed Mr Ahmed Farah as the new substantive Executive Director of the East African Business Council.
KCB Bank Kenya and Visa have officially launched a specialized Business Credit Card solution. The partnership aims to provide Small and Medium Enterprises (SMEs) with the financial flexibility and digital tools necessary to navigate a…
New data from Kenya Power reveals a massive shift in the country’s energy landscape, with electricity consumption for electric vehicle (EV) charging skyrocketing by 188% in 2025. As of December 2025, the e-mobility sector consumed a…
The Kenya Pipeline Company Foundation (KPC Foundation) has officially launched the INUKA Vocational Youth Empowerment Program. This initiative is an expansion of the Foundation’s flagship INUKA Scholarship program. The inaugural cohort…
Absa Group has announced a series of high-level executive appointments aimed at deepening leadership bench strength and driving customer-led growth. Chief among these changes is the appointment of Sitoyo Lopokoiyit as the new Chief…
Kenya’s Standard Gauge Railway (SGR) recorded its strongest performance in 2025, with both passenger numbers and cargo volumes hitting new highs. The latest data from the Kenya National Bureau of Statistics (KNBS) shows the rail line is…
Ecobank Kenya has officially ushered in a new era of leadership, appointing seasoned banking executive Rebecca Mbithi as its Managing Director, effective February 9, 2026. The move marks a significant homecoming to executive leadership for…
Absa Group has announced a number of executive leadership changes to deepen leadership bench strength across the organisation after finalising its refocused Pan-African strategy.
The White House has demanded that Canada “share authority” and ownership of a new bridge connecting the two countries after a “clear and direct” call between Donald Trump and Prime Minister Mark Carney. The Gordie Howe International…
Kenya’s investment space is opening up to more players after the Capital Markets Authority (CMA) approved several firms to operate as market intermediaries. The approvals, announced on Wednesday, February 11, 2026, are expected to widen…
Absa Group is bringing in new blood at the executive level, hiring Sitoyo Lopokoiyit from Safaricom’s M-PESA to run its Personal and Private Banking division while promoting two internal executives to beefed-up governance roles.…
Treasury Cabinet Secretary John Mbadi has defended the government’s decision to raise Kenya’s minimum taxable income from KSh24,000 to KSh30,000, noting that teachers, police officers, and other low-income earners have welcomed the move.…
Central Bank of Kenya(CBK) top policy organ, the Monetary Policy Committee(MPC) has lowered the Central Bank Rate(CBR) by 25 basis points to 8.75% at its February 10th 2026 meeting. This marks a record 10th consecutive time that the CBK is…
The government plans to spend Ksh 4.7 trillion in the financial year 2026/27, according to new estimates approved by the Cabinet on Tuesday. According to the Cabinet Dispatch, the recurrent expenditure will absorb the lion’s share at Ksh…
