Latest business stories from across Kenya.
Owners of cargo worth millions of shillings imported into the country late last year now risk losing them as Kenya Revenue Authority (KRA) moves to clear overstayed goods at various inland container depots in Nairobi. Through a notice, KRA…
Kenya’s Telco giant, Safaricom, has explained to its users why the new Hakikisha feature, which requires them to double-confirm mobile numbers when sending money, cannot be turned off. The telco company responded on March 23 after several…
SACCOs (Savings and Credit Cooperative Societies(SACCOs), known as private clubs owned by members may soon be forced to share both positive and negative credit information on their members with Credit Reference Bureau(CRBs) This is as soon…
Equity Group Holdings has been ranked among Africa’s top 10 banks by brand value in the 2026 Brand Finance Banking 500 report, marking a significant milestone for the Kenyan lender as it cements its position among the continent’s most…
Major stock markets in Asia slumped on Monday after Washington and Tehran threatened to escalate hostilities, as the Iran war enters its fourth week. Japan’s benchmark Nikkei 225 index was almost 3.6% lower, while South Korea’s Kospi fell…
Kenya is stepping up efforts to turn its farms into factories, with the government now pushing for more value addition and local consumption of agro-products as part of a broader industrialisation drive. Investments, Trade and Industry…
National Bank, a subsidiary of Access Bank PLC, has announced a public auction of motor vehicles, offering a range of cars and commercial vehicles at competitive reserve prices starting from KSh 280,000. In a notice on March 23, by the…
The government has an elaborate blueprint to unlock the blue economy resources in Lake Victoria, President William Ruto has announced. In the plan, the President said 10 fish landing sites are being built along Lake Victoria in Busia,…
Inside Karura Forest, contractors under Athi Water Works Development Agency (AWWDA) are busy excavating a section of the route where a new pipeline will follow supplying fresh water to residents in eastern parts of Nairobi City. With the…
When money is sent to the wrong M-PESA number, recovery largely depends on whether the recipient agrees to refund it. However, cases in which recipients refuse to return money sent in error are common, leaving senders unsure what steps to…
Thousands of investors are set for a windfall after companies across the country declared billions of shillings in dividends, with telco giant Safaricom Plc among the top payers. Safaricom lifted its interim dividend to a record Ksh 0.85…
Cruise tourists arriving at the Coast will now enjoy cheaper access to Kenya’s national parks after the government introduced a 30 per cent group discount to encourage more inland travel. The new incentive, rolled out in partnership with…
Former Cabinet Secretary Raphael Tuju secured a temporary reprieve on Wednesday, March 18, after the High Court blocked any transfer or assignment of a disputed property in Karen linked to Dari Limited. The case pits Tuju and his family…
The launch of the Kisumu–Malaba Standard Gauge Railway (SGR) Phase 2C Saturday marked a major milestone for Kenya. President William Ruto and his Ugandan counterpart, President Yoweri Museveni, presided over the groundbreaking ceremony in…
Hello, I’m Janeffer. Welcome to today’s edition of The Business Roundup. In this edition, we focus on these four top stories: Huge Payouts to Equity Group Shareholders World Bank Debars PwC Firms in Kenya and Rwanda Over Fraudulent…
M-PESA fraudsters have become increasingly clever over the years, but users can stay one step ahead by being cautious and vigilant. Always verify before sending money, and never rush into transactions. Some conmen direct customers to the…
Kenyans reported widespread delays and failures in M-PESA transactions on Friday, March 20, 2026, prompting calls for Safaricom to address the disruptions. Vincent Kaduki, an M-PESA user, took to social media to express his frustration,…
Kenya, Madagascar, and South Africa are among East and Southern African countries at high risk of jet fuel shortages due to heavy reliance on imported refined products, according to CITAC- a consultancy that provides expert analysis, data,…
A new report by the World Bank and partners, titled Nourish and Flourish: Water Solutions to Feed 10 Billion People on a Livable Planet, has warned that Africa’s push for large-scale irrigation to tackle food shortages could backfire if…
The government is scaling up support for exporters to expand value‑added agriculture, reduce Kenya’s import bill, and strengthen the country’s position in international markets. Speaking during a visit to Kakuzi Plc’s agribusiness…
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Kenya’s major banks, Equity Group PLC and Kenya Commercial Bank (KCB) Group, have announced increased dividend payouts to shareholders following strong financial performance for the year ended December 2025. Equity Group Holdings reported…
Trade and Industry Cabinet Secretary Lee Kinyanjui has said the government plans to intensify value addition and consumption of locally manufactured agro-products as part of the national industrial development strategy. The ongoing plans,…
The Co-operative Bank of Kenya has announced its 2025 financial results, highlighting a strong mix of social impact, digital transformation, and record financial performance. Co-operative Bank of Kenya posted a record KSh29.75 billion…
Kenya Private Sector Alliance (KEPSA) has called on Parliament to reconsider the proposed Local Content Bill, 2025, warning that strict rules could hurt investment, disrupt supply chains, and undermine the country’s competitiveness. In a…
