Latest business stories from across Kenya.
Kenya’s flag carrier, Kenya Airways has reported a net loss of Ksh 17.2 billion for the year ended December 2025 owing to supply chain disruptions which cost the airline capacity and revenue. KQ says despite strong demand for passengers,…
The Kenya Civil Aviation Authority (KCAA) has announced that it received a fresh batch of applications for the grant and variation of air service licences by 34 local and international airlines. In a notice published in the Kenya Gazette…
Kenya Airways is an unlikely beneficiary of the Middle East war between Israel and Iran following a surge in demand for its passenger tickets and cargo space since February by international travellers and businessmen keen to avoid the…
The Kenya Revenue Authority (KRA) has proposed removing the Ksh 5 million annual turnover threshold for VAT registration, a move that would require all businesses, regardless of size, to register for VAT. This proposal, outlined in the…
The Energy and Petroleum Regulatory Authority (EPRA) has released new data showing the market share of the oil marketing companies (OMCs) dominating Kenya’s petroleum market. According to the EPRA biannual report released on March 24, only…
The Central Bank of Kenya (CBK) has reopened bids for two fixed-coupon Treasury bonds, giving Kenyans an opportunity to invest in government securities starting from as low as KSh 50,000. In a public notice released on March 23, 2026, the…
The United Energy and Petroleum Association has warned of a potential nationwide fuel shortage unless the Energy and Petroleum Regulatory Authority (EPRA) adjusts current fuel prices. According to the association, on March 23, the latest…
The price of Brent crude oil has risen back above $100 a barrel, after plunging on Monday, as conflicting accounts of potential talks between US and Iran emerged. On Tuesday in Asia, the oil benchmark rose by 4% to $103.94 (£77.57) a…
The Communications Authority of Kenya (CA) has rolled out fresh requirements that mobile phones must meet before they are allowed into the Kenyan market in 2026. In a notice dated March 24, 2026, Director General David Mugonyi said the new…
Diamond Trust Bank (DTB) has reported a solid rise in earnings for the year ended December 31, 2025, with net profit climbing by 21 per cent to Ksh 10.7 billion, underpinned by tighter cost control and steady growth across its core…
The Kenya Revenue Authority (KRA) is preparing for a major overhaul of value-added tax (VAT) that would require small businesses to pay a 16% tax. The taxman wants to amend Section 34(1a) of the VAT Act to remove the KSh 5 million annual…
The Ministry of Energy and Petroleum has assured the public that the country holds enough petrol to last for several days, dismissing fears of an impending fuel crisis. In a statement sent to Belgut MP Nelson Koech during a live interview…
Safaricom has called on the High Court to reject an application to freeze the government’s planned sale of its shares in the telco. The company argues that the transaction follows the law and remains under strict regulatory watch, making…
Residents across several parts of the country should prepare for planned electricity interruptions on Tuesday, March 24, 2026. Kenya Power and Lighting Company (KPLC) announced a scheduled network maintenance exercise that will affect at…
NBK’s 178% profit surge proves that lending less, spending smarter, and new ownership can rebuild a broken bank.
The National Bank of Kenya (NBK) has posted a strong financial recovery for the year ended December 31, 2025. According to the bank’s Financial Year 2025 Results, the bank reported a profit after tax, doubling to KSh 2.39 billion from KSh…
CBK (Central Bank of Kenya) accepted bids worth KSh 18.4bn from investors in last week’s bond switch auction where investors opted to move from the 5-year Treasury Bond, first sold in 2021 to a higher-yielding and longer-dated 15-year…
Kingdom Bank has recorded a major increase in profits, posting a 59 per cent rise in net earnings for the year ended December 31, 2025. The growth comes as the bank extended more loans, attracted higher customer deposits, and opened new…
Savings and Credit Cooperative Societies (SACCOs) provide some of the cheapest loans in Kenya, but increasing numbers of members are quitting. According to findings from the 2024 FinAccess SACCO Sub-Sector Report, this is caused by…
A slight dip has been recorded in the amount of money Kenyans in the diaspora are sending back home, even as the country’s foreign reserves remain strong. New figures from the Central Bank of Kenya (CBK) show that diaspora remittances…
Equity Bank has ranked among the top 10 strongest brands worldwide, making it the strongest banking brand in Africa. According to the Brand Finance’s 2026 assessment of African banking brands, Equity is ranked as Kenya’s most valuable…
Agriculture Cabinet Secretary Mutahi Kagwe has called for an increase in private investment into Africa’s climate-smart agriculture to strengthen global food systems. Speaking at the 3rd Climate Change Global Business Summit on Africa in…
Kenya capped ride-hailing commissions at 18%. What followed; vehicle financing, fuel bundles, EV adoption, is a playbook other African markets are watching.
Equity Group has abandoned its plans to enter Ethiopian in what it describes as regulatory delays, prompting a change in its pan African strategy towards the oil rich Angola, where an acquisition process is already underway. Equity Group…
