Latest business stories from across Kenya.
The High Court in Eldoret has drawn a firm line against the misuse of civil jail as a debt collection tool, ruling that courts cannot imprison individuals simply because they lack the means to settle outstanding financial obligations. In a…
A new legal challenge has emerged against the leadership of the Central Organisation of Trade Unions (Kenya), with a petitioner seeking urgent court intervention to block the re-election of Francis Atwoli as secretary general. The…
A proposed surcharge on U.S. Postal Service (USPS) package deliveries is now under formal review, with regulators confirming that price increases on these services are not subject to the same limits that apply to stamps and basic mail. The…
U.S. paper currency will soon carry the signature of President Donald Trump in a historic first, after the Treasury Department confirmed a redesign tied to the country’s 250th anniversary celebrations. In a statement to Reuters on March…
Vivo Energy Kenya, the distributor of Shell fuel and services across the country, has confirmed that some of its service stations are experiencing temporary fuel shortages due to unusually high demand. In a statement released on Thursday,…
Five East African Community (EAC) member states have been selected as beneficiaries of a $5.65 million (Ksh 729m) funding by the African Development Bank (AfDB) to support the development of renewable energy and improve electricity access.…
The Kenyan Shilling has marginally weakened in recent days as the Dollar gained ground, according to the late March trading numbers. From the indicative rates, the Kenyan Shilling has shown a pattern of depreciation in 2026, with the…
Kenya’s tier-1 banks delivered mixed results in their FY 2025 earnings, with some posting positive profits and others posting losses. While a few banks posted record profits on the back of rising interest income and cost control, others…
The COMESA Competition and Consumer Commission (CCCS) has issued a consumer alert regarding a recall of certain Toyota Land Cruiser LC300 vehicles supplied by Toyota South Africa Motors (TSAM). The alert issued on March 25 follows a…
President William Ruto has issued a stern warning to oil marketers who are devising plans to cause artificial fuel shortage in the country amid ongoing conflict in Middle East which has disrupted supply of oil and gas in the global market.…
Standard Chartered has announced plans to expand the scale and scope of sustainable financing in Kenya and across Africa this year, deepening partnerships with public institutions and Development Finance Institutions (DFIs) to channel…
The Kenya Revenue Authority (KRA) has announced a crackdown on taxpayers who declare nil income despite having earned revenue. As part of the initiative, KRA will introduce pre-filled tax returns, with known income streams already captured…
Kenyan-owned Skyward Airlines has announced a fare hike for all passengers, citing increasing global fuel prices as the main reason for the adjustment. In an official passenger advisory dated Thursday, March 26, 2026, the airline informed…
Coffee farmers across Kirinyaga County have been urged to embrace modern agricultural technologies to increase production and help restore Kenya’s position as a leading coffee producer in Africa. Co-operatives and Micro, Small and Medium…
Kenya’s flower industry has reported posting a weekly loss of about KSh178 million following the Middle East tensions. According to the Kenya Flower Council (KFC), Kenya’s flower industry has incurred weekly losses of up to Ksh 177,338,000…
Two-bedroom apartments and office units in the exclusive 24-storey the Le Mac Tower in Westlands, Nairobi, have been advertised for public auction. In a notice issued on Thursday, March 26, Direct “O” Auctioneers will spearhead the auction…
A Kisumu-based entrepreneur is leveraging digital innovation to expand opportunities for small and medium-sized enterprises (SMEs) through a food and grocery delivery platform that is steadily carving a niche in the lakeside city. Eats by…
A Los Angeles jury on Wednesday found Meta and Google negligent for designing addictive apps and for failing to warn of their associated dangers, and liable for harm caused to a young user. The landmark verdict could pave the way for…
NCBA Group PLC has announced that it has reported a record net profit of Ksh. 23.4 billion for the 2025 financial year. This is a 7% increase from Ksh. 21.9 billion the company reported in the same period in 2024. The 7% year-on-year…
NCBA Group reported a 7% rise in profit after tax (PAT) to KSh 23.4 billion in FY25, up from KSh 21.9 billion in FY24, with dividends increasing 29% to KSh 7.10 per share just ahead of the partial takeover by Nedbank. According to NCBA…
A clear shift is emerging among Kenyan workers, with many choosing to build their own financial safety nets as economic pressure continues to bite. Findings from the latest Financial Wellness Monitor by Old Mutual show that side hustles…
The United States Postal Service (USPS) is moving to impose a fuel surcharge on package deliveries for the first time in its history, marking a significant shift for an agency long defined by flat-rate pricing. In a notice dated March 25,…
The government plans to install at least 3000 megawatts of nuclear energy within the next seven years in a bid to lower the cost of power and enhance the country’s competitiveness. Speaking during the International Conference on Nuclear…
World Bank Country Director for Kenya, Qimiao Fan, has described Kenya as one of the most attractive investment destinations in Africa. According to Fan, Kenya’s large economy, access to regional and global markets, skilled workforce,…
