Latest business stories from across Kenya.
Energy and Petroleum Cabinet Secretary (CS) Opiyo Wandayi has called on Oil Marketing Companies (OMC) to release any petroleum products they may be withholding, noting that hoarding will not be tolerated under any circumstances. Addressing…
The Consumers Federation of Kenya (COFEK) has condemned the Petroleum Development Levy (Amendment) Order, 2025, issuing fresh demands to the government. The Petroleum Development Levy (Amendment) Order, 2025 (Legal Notice No. 181 of 2025)…
A recent Financial Wellness Monitor Report by Old Mutual has shown that an increasing number of Kenyan households are taking on debt simply to meet their daily needs. Families across the country are borrowing not for investment or…
Safaricom’s Pochi la Biashara allows small-scale traders to separate business income from personal funds. The service targets users such as food vendors, kiosk operators, boda-boda riders, and secondhand clothes dealers, and is available…
Kenya has sealed investment deals valued at Ksh 374 billion ($2.9B) in what is expected to creation of at least 63,000 new jobs. Speaking during the opening of the Kenya International Investment Conference (KIICO) 2026, President William…
Merchant infrastructure platform littlefish has announced the close of a $9.5 million Series A funding round, led by Partech, with participation from TLCOM, Flourish Ventures and Proparco. If you have a startup you want featured on…
After MPESA’s privacy protection move, Safaricom masked phone numbers in mobile money transactions, so Kenyans cannot access the senders’ details, meaning they cannot see the phone numbers after receiving money. The move raised questions…
A difficult mix of grounded aircraft, rising costs and global supply chain disruptions has pushed Kenya Airways (KQ) back into the red, with the airline reporting a net loss of Ksh 17.2 billion for the year ended December 2025. This marks…
CBK(Central Bank of Kenya) invites bids for two long-term Treasury Bonds worth KSh 40 billion for budgetary support in the 2025/26 fiscal year which ends in the next two months. According to a prospectus from CBK, the state fiscal agent is…
Equity Insurance Group gross profit for the year to December 2025 has risen by 36pc to Ksh 2 billion supported by strong insurance revenue. The group said its insurance revenue increased by 150pc to stand Ksh 3.6 billion during the year on…
The Policyholders Compensation Fund (PCF) has declared a moratorium, freezing payouts to policyholders of three troubled insurers for six months following its appointment as statutory manager. The affected firms, Corporate Insurance…
Kenya could face a tighter fuel supply in the coming weeks unless pump prices are adjusted to reflect the rising cost of oil globally, industry leaders have warned. The Petroleum Outlets Association of Kenya (POAK) says delays in shipments…
A court in New Mexico has ordered Meta to pay $375m (£279m) for misleading users over the safety of its platforms for children. A jury found that Meta, which owns Facebook, Instagram and WhatsApp, was liable for the way in which its…
Listed agribusiness and superfoods grower, Kakuzi Plc, has posted a Ksh 387.5 million after-tax profit, marking a significant turnaround from the Ksh 131.6 million after-tax loss booked last year in its 2025 full-year financial results…
Principal Secretary for the State Department of Industry, Juma Mukhwana, stated that Kenya’s fuel supply will remain stable in the short term despite growing global uncertainties affecting trade and logistics. Speaking during an interview…
I&M Group PLC has posted a Profit After Tax (PAT) of Ksh. 19.8 billion for the financial year ended December 31, 2025. This is a 24% increase from the Ksh. 16.7 billion that the company posted in a similar period in 2024. This bottom-line…
Kenya has partnered with Lithuania to advance digital inclusion as a key economic strategy, targeting women and youth-led enterprises through skills development and market access. The Kenya National Chamber of Commerce and Industry (KNCCI)…
The Kenya Revenue Authority (KRA) has announced a planned 36-hour customs system downtime and issued an advisory to stakeholders on what to do. In a notice dated March 24, the Commissioner for Customs & Border Control said KRA will conduct…
The Higher Education Loans Board (HELB) has intensified its debt recovery efforts, introducing aggressive new penalties for both employers and former students to claw back more than KSh 100 billion in unpaid loans. In an announcement made…
The COMESA Competition and Consumer Commission (CCCC) has put businesses across the region on notice – exploiting the Middle East crisis through price gouging, hoarding, or collusion will not be tolerated. As rising oil prices and supply…
Listed agribusiness and superfoods grower, Kakuzi Plc, has posted a Ksh387.5 million after-tax profit. In its 2025 full-year financial results released on Tuesday, March 24, the company marked a significant turnaround from the Ksh131.6…
KRA (Kenya Revenue Authority) could run small traders out of town if its proposal to make it mandatory for all businesses dealing in taxable goods and services, register for Value Added Tax(VAT). At present, only those businesses with…
Kenya Airways (KQ) returned to a net loss in the financial year ended 2025, reversing a profit posted a year earlier, as global aviation disruptions, high costs, and weak regional margins outweighed operational improvements and gains in…
Airtel Africa and SpaceX have completed early-stage testing of satellite-to-mobile connectivity in Kenya, marking a step toward extending network coverage into remote areas where traditional infrastructure remains limited. The companies…
