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Latest business stories from across Kenya.

BAT Kenya appoints Sidney Wafula as MD in leadership shake-up
HapaKenyaBusiness

BAT Kenya appoints Sidney Wafula as MD in leadership shake-up

British American Tobacco Kenya (BAT Kenya) has announced a significant transition within its executive suite. As part of a structured succession plan, the Board has appointed Sidney Wafula as the new Managing Director, effective June 16,…

1 min read
Fatuma Bakari, the rail mounted gantry operator
Kenya Broadcasting CorporationBusiness

Fatuma Bakari, the rail mounted gantry operator

Ever wondered what happens at the seaport before your container reaches an Inland Container Depot (ICD) in Kenya? At the Port of Mombasa, one of the final, critical moves is made by a gantry operator like Fatuma Bakari. She sits high above…

2 min read
Stock markets slump as oil prices surge over Strait of Hormuz fears
Kenya Broadcasting CorporationBusiness

Stock markets slump as oil prices surge over Strait of Hormuz fears

Stock markets have slumped and global oil prices have jumped above $100 (£75.02) a barrel as the escalating US-Israeli war with Iran has fuelled fears of prolonged disruption to shipments through the Strait of Hormuz. Iran on Sunday named…

3 min read
Uhuru Market Traders Left Picking Through Rubble After Night Demolition
Business Today KenyaBusiness

Uhuru Market Traders Left Picking Through Rubble After Night Demolition

Small-scale traders at Uhuru open-air market along Jogoo Road woke up to devastation on Monday morning after bulldozers flattened their stalls in a late-night demolition carried out on Sunday, March 8, 2026. Where rows of busy stalls once…

3 min read
Costly Disaster: Nairobi Floods Leave Trail of Economic Loss
Business Today KenyaBusiness

Costly Disaster: Nairobi Floods Leave Trail of Economic Loss

Rain is part of Nairobi’s rhythm. When dark clouds gather over the city, people instinctively prepare for slow traffic, muddy pavements and the occasional flooded street. It is almost a routine many residents have grown used to over the…

5 min read
Flight Paths Narrow as Iran Conflict Shuts More Airspace
Business Today KenyaBusiness

Flight Paths Narrow as Iran Conflict Shuts More Airspace

Airlines are facing mounting pressure on global routes after the closure of airspace over southern Azerbaijan, tightening options for carriers already rerouting flights because of escalating tensions in the Gulf. The disruption comes in a…

1 min read
StanChart Targets Nakumatt Land Over Unpaid Loans
Business Today KenyaBusiness

StanChart Targets Nakumatt Land Over Unpaid Loans

Standard Chartered Bank Kenya has warned that it will begin selling off land tied to the failed supermarket chain Nakumatt unless the company’s investment arm pays back a huge debt. In a statutory notice published on March 5, 2026, the…

2 min read
At 19 Years, M-PESA Crosses 40 Million Customers
Business Today KenyaBusiness

At 19 Years, M-PESA Crosses 40 Million Customers

Safaricom (NSE: SCOM) today announced that M-PESA has reached 40 million customers as it celebrates 19 years of driving financial inclusion and empowering Kenyans to manage their money safely and securely. Since its launch on March 6th,…

2 min read
M-pesa customer base hits 40M in nearly two decade run
Kenya Broadcasting CorporationBusiness

M-pesa customer base hits 40M in nearly two decade run

Safaricom Plc says its mobile money service platform, M-pesa has clocked 40 million active users since launch 19 years ago. This represents a 5.5pc increase when compared to 37.9 million active users the telco reported in half year period…

1 min read
US eases sanctions on Russian oil sales to India during Iran conflict
Kenya Broadcasting CorporationBusiness

US eases sanctions on Russian oil sales to India during Iran conflict

The US government has temporarily eased sanctions to allow India to buy Russian oil currently stranded at sea, amid escalating tensions in the Middle East. Treasury Secretary Scott Bessent said the 30-day waiver was a “deliberate…

3 min read
Treasury Proposes Ksh287B Increase in Ministerial Spending
Business Today KenyaBusiness

Treasury Proposes Ksh287B Increase in Ministerial Spending

The government has proposed an increase in spending for the 2025/26 financial year through the first supplementary budget tabled in Parliament. Treasury Cabinet Secretary John Mbadi told lawmakers that ministerial expenditure will rise by…

2 min read
PS Ng’eno reaffirms Kenya-UNDP partnership on climate action
Kenya Broadcasting CorporationBusiness

PS Ng’eno reaffirms Kenya-UNDP partnership on climate action

The government has reaffirmed commitment to strengthening collaboration with United Nations Development Programme (UNDP), describing UN agency as a strategic partner in implementing the country’s environmental and climate change…

2 min read
EPRA expects gulf energy suppliers to honour contracts
Kenya Broadcasting CorporationBusiness

EPRA expects gulf energy suppliers to honour contracts

The Energy and Petroleum Regulatory Authority (EPRA) says ongoing conflict in Middle East which has since disrupted oil supply from the gulf region will not affect the next two fuel pricing cycles. EPRA Director General Daniel Kiptoo says…

2 min read
High-Growth Firms Generate 80% of Tech Jobs in Kenya
Business Today KenyaBusiness

High-Growth Firms Generate 80% of Tech Jobs in Kenya

A new study reveals that high-growth firms — tech and tech-enabled companies that scale to 50 or more employees — play an outsized role in tech jobs creation and ecosystem growth.

3 min read
IMF wants Kenya to cut spending following Mideast conflict
Kenya Broadcasting CorporationBusiness

IMF wants Kenya to cut spending following Mideast conflict

The International Monetary Fund (IMF) has asked the government to cut its spending to mitigate against economic shocks from the ongoing Middle East conflict. National Treasury Cabinet Secretary John Mbadi says Kenya’s fiscal discipline and…

1 min read
Kiprono Kittony, David Ndii among four to join KQ board
Kenya Broadcasting CorporationBusiness

Kiprono Kittony, David Ndii among four to join KQ board

Kenya Airways has made four changes to the board which has seen Kiprono Kittony join the airline as the new chairman and independent non-executive director. Kittony who currently serves as chairman of the Nairobi Securities Exchange (NSE)…

2 min read