Latest business stories from across Kenya.
The government is intensifying efforts to open up Tana River County for large-scale mineral extraction to transform the region’s economic fortunes and boost the country’s Sovereign Wealth Fund. Mining ministry says it has identified the…
Absa Bank Kenya has announced a final dividend of KSh 1.85, bringing the total 2025 dividend to KSh 2.05 per share, up 17% year on year, including the KSh 0.20 interim dividend. The dividend, amounting to KSh 10,048,342,000.00, will be…
The government has launched a major plan to expand Jomo Kenyatta International Airport (JKIA) in Nairobi, aiming to transform it into a leading aviation and economic hub. The government says the project is one of the largest infrastructure…
Kenya Pipeline Company (KPC) IPO results have now been published, marking a watershed moment for the Nairobi Securities Exchange(NSE) and Kenya’s capital markets. After an extended offer period, the Kenya Pipeline Company public…
Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, owner of the Airtel brand, has received a rare Lifetime Achievement Award from GSMA, recognising his role in reshaping the global telecommunications landscape and expanding…
I&M Group Plc has announced a partnership with B Lab Africa to upskill Small and Medium Enterprises (SMEs) through the Resilient Sustainable Business (RSB) program. The RSB program run by B Lab Africa, is a nine-week blended learning…
Twiga Tatu SEZ Limited is now at risk of being wound up in court after failing to settle debts owed to a creditor. The creditor filed a petition for liquidation at the High Court’s Commercial and Tax Division in Milimani Law Courts,…
A federal judge has cleared the way for thousands of businesses to receive refunds for tariffs that the Supreme Court struck down last month. The US Court of International Trade on Wednesday ordered Customs and Border Protection to issue…
British American Tobacco (BAT) Kenya has announced new appointments in its senior leadership, naming Sidney Wafula as the incoming Managing Director and Catherine Chepkong’a as the new Finance Director. Wafula will take over as Managing…
The Kenya Pipeline Company’s (KPC) debut on the stock market has attracted massive interest, with the National Treasury reporting that the offer was oversubscribed by 5.7%. Treasury CS John Mbadi shared the results on Wednesday, March 4,…
The Absa Visa Infinite metal card uses premium hardware to bridge global prestige, local M-PESA convenience, and frictionless consumer debt.
Manufacturers and packaging industry players across East Africa have been urged to adopt world-class packaging systems and innovations to strengthen the region’s global competitiveness. Speaking during the 10th Edition of the Propak East…
Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Kenya, has become the first retailer in Kenya to have its Retail Business School (RBS) certified by the National Industrial Training Authority (NITA).
Kenya has commenced plans that will see the country’s largest aerodrome, Jomo Kenyatta International Airport (JKIA) transformed into a fully integrated aviation-led economic hub. Through the State Department of Aviation and Aerospace…
The Kenya Pipeline Company’s initial public offering achieved a 105pc subscription rate with investors applying for 12.5 billion shares. Treasury Cabinet Secretary John Mbadi says despite the oversubscription, government will only accept…
Absa Bank Kenya PLC posted a 10% increase in full-year profit and lifted its dividend payout after tighter cost controls and lower loan-loss provisions helped offset pressure on interest income. Net income rose to 22.9 billion shillings…
Absa Bank Kenya PLC has announced that it has reported a a 10% increase in profit after tax to Ksh. 22.9 billion for the 2025 financial year. This is an improvement from the Ksh. 20.9 billion the company reported in a similar period in…
The Initial Public Offering (IPO) of Kenya Pipeline Company (KPC) has attracted strong interest from Kenyan investors and institutions, with local buyers scooping up the majority of shares offered, Treasury Cabinet Secretary John Mbadi…
The 59th Extraordinary Meeting of the East African Community (EAC) Council of Ministers has commenced Wednesday and is currently underway in Arusha, Tanzania. The high-level meeting began with the Senior Officials’ Session and will proceed…
The Kenya Tea Development Agency (KTDA) Holdings Limited has ushered in new leadership at the board level following the election of Enos Njeru as Chairman and Samson Mosonik Menjo as Vice Chairman. The two take over from Chege Kirundi and…
Imagine buying a pair of sleek, AI-powered Ray-Bans to translate a menu or record a concert, only for a stranger in a Nairobi office park to accidentally catch a glimpse of you stepping out of the shower. Sounds like an episode of Black…
Pension industry has registered an annual increase of 24.6pc in assets under management which grew to Ksh 2.8 trillion by close of December last year from Ksh 2.3 trillion recorded during the previous year. According to the latest brief by…
Asian stock markets fell for a third day in a row on Wednesday and oil prices moved higher as investors watch developments in the US-Israel war with Iran. South Korea’s Kospi index plunged by 10% after trading was halted temporarily by a…
If you are looking to start a business, a water refilling business can be a good idea. This is because water is required for survival but getting clean water at a cheap price is a big challenge in many areas. Statistics indicate that…
