Latest business stories from across Kenya.
The government is privatizing state corporations to unlock their value and use the proceeds to build much-needed mega-infrastructure, President William Ruto has said. The president explained that by unlocking this value and directing it…
Former Cabinet Secretary Raphael Tuju faced a major blow after the High Court dismissed his attempt to stop the auction of his multi-billion-shilling property to settle a Sh2.2 billion bank loan. In 2024, Tuju sought court injunctions to…
The Nation Media Group (NMG) has been acquired by Rostam Azizi, a Tanzanian tycoon, in a transaction that will see Aga Khan Fund for Economic Development S.A (AKFED) sell its entire 100% shareholding in the media house to Taarifa Limited.…
In commemoration of International Women’s Day, Absa Bank Kenya has celebrated the graduation of 48 women from the SheRise Masterclass leadership programme. The ceremony, held against the backdrop of the 2026 global theme, also saw the bank…
In Kenya, cancer has become a long-tail risk with profound implications for financial stability, workforce continuity and institutional resilience. The country records more than 44,000 new cancer cases every year, with close to 30,000…
Saracen Marketing Group has officially announced the appointment of Clifford Kinyua as its new Group Chief Executive Officer. Effective since October 2025, the move marks a pivotal moment in the company’s 23-year history as it transitions…
Privatisation could help Kenya unlock value from mature public assets while easing pressure on public finances according to President William Ruto. Speaking during the bell ringing for the Kenya Pipeline Company IPO, whose proceeds have…
Kenya Pipeline Company Shares have officially began trading on the Nairobi Securities Exchange(NSE) this Tuesday, opening slightly above the KSh 9.00 IPO price. The first recorded trades executed at approximately KSh 9.10 per share,…
The Kenya Revenue Authority (KRA) has rolled out Body-Worn Cameras which has been deployed across all border point with the aim of eliminating illicit trade that continues to plague the country. The authority has deployed 350 BWCs for…
Kenya has moved one of its most strategic state assets into the stock market by listing the Kenya Pipeline Company (KPC) on the Nairobi Securities Exchange (NSE). The move is part of a plan to fund infrastructure projects without…
Global cryptocurrency exchange Binance says it is strengthening its compliance and regulatory systems as part of wider efforts to build trust and transparency in the digital asset industry. The company said it has invested heavily in…
Oil prices fell on Tuesday after US President Donald Trump warned Iran to not block a shipping route crucial to global energy supplies. “If Iran does anything that stops the flow of Oil within the Strait of Hormuz, they will be hit by the…
Majid Al Futtaim, which owns Carrefour Kenya has secured certification for its Retail Business School (RBS) from the National Industrial Training Authority (NITA). The firm will now offer nationally recognised vocational training in…
For the second time in a row, an Eldoret court pushed back the plea taking for two main suspects tied to a 10 million shilling fraud at the Moi Teaching and Referral Hospital (MTRH). The suspects, Khamisi Hussein Akida and Jane Wangari…
President William Ruto announced that the expansion of Jomo Kenyatta International Airport (JKIA) will be the first project to receive money from the National Infrastructure Fund (NIF). The Head of State shared this news on Monday, March…
The Federation of Public Transport Sector (FPTS) has welcomed the National Transport and Safety Authority’s (NTSA) new Instant Fines System, though the group pointed out several gaps in how the initiative will actually work. In a statement…
The government has invited communities near areas five mining companies have expressed interest to embark on mining activities for various minerals. According to the Ministry of Mining and Blue Economy, five companies have applied for…
Google has officially expanded its AI Overviews and AI Mode search tools to support 13 African languages. This update includes widely spoken languages like Kiswahili and Somali. By integrating these local languages, Google is empowering…
Nineteen years ago today, a simple mobile service launched in Kenya with the goal of helping people send money home. The platform has officially crossed the 40 million active customer mark. The milestone arrives as Safaricom celebrates…
The Oversight Lab has filed a formal petition with the Office of the Data Protection Commissioner (ODPC). The petition calls for an urgent investigation into privacy violations linked to Ray-Ban Meta smart glasses, citing concerns under…
Kenya Airways has signed a unilateral codeshare partnership with US-based carrier -JetBlue, to strengthen East Africa-North America connectivity, expanding travel options between Nairobi and multiple US Cities. Through the agreement, Kenya…
The government is set to commence implementation of key projects across the country beginning with the Jomo Kenyatta International Airport (JKIA) after enactment of the Ksh 5 trillion National Infrastructure Fund. Speaking when he assented…
The Central Bank of Kenya (CBK) has officially authorized Safaricom to implement phone number masking for M-Pesa transactions. The decision marks a significant shift in how personal data is handled within Kenya’s massive mobile money…
KenGen (Kenya Electricity Generating Company) has reorganised its Board that has seen two former politicians and one technocrat, who were independent Non-Executive Directors, step down effective March 3rd 2026. Hon Alfred Agoi Masadia,…
