Latest business stories from across Kenya.
Standard Group Plc , a friendly turned fierce critic of the State, has appointed Chaacha Mwita as the substantive Chief Executive Officer (CEO) of the company, effective April 1, 2026. The appointment in its Mombasa road’s corner office…
NCBA posts KES 23.4B profit for FY 2025, with digital lending at KES 1.4 trillion and Nedbank deal looming.
DTB posts KES 10.7bn profit for 2025, deposits top half a trillion, and customer base jumps 45%.
Oil prices saw choppy trading on Monday morning in Asia after US President Donald Trump threatened to destroy critical infrastructure in Iran unless it allows ships to cross the Strait of Hormuz. In an expletive-laden social media post on…
I&M Group posts KES 24.2B profit before tax in 2025, driven by digital growth and regional expansion.
Kenya could be heading into a tight fuel situation after a sharp drop in petrol reserves exposed how vulnerable the country is to global disruptions, especially those coming from the Middle East. Appearing before MPs, Treasury Cabinet…
The National Treasury has taken control of a 50.1 percent stake in Kenya Airways, enabling it to direct the national carrier’s strategy. Additionally, the stake percentage gives the Treasury the power to sell a stake to a new investor and…
Vision Plus is the first manufacturer globally to engineer a synchronised pest-resilient ecosystem for products
The fourth edition of the What Women Want Summit successfully concluded on Sunday, March 29, following a three-day summit
CIC Group, a listed Kenya underwriter with regional footprints in South Sudan, Uganda, and Malawi, has reported a significant drop in net earnings to KSh 513.8 million down from KSh 2,854,633,000 in 2024, an 82% fall after issuing a profit…
Two oil companies — One Petroleum and Oryx Energies Kenya were cleared by the Ministry of Energy in early March to import 60 tonnes of petrol each outside Kenya’s Government-to-Government supply contract, with three Gulf oil majors. The…
SACCOs (Savings and Credit Cooperative Societies) will soon have a new face if proposed amendments to the Sacco Societies Act, are passed into law by parliament. The Bill includes provisions for creation of a Deposit Guarantee Fund similar…
The arrest of Energy and Petroleum Regulatory Authority (EPRA) Director General, Daniel Kiptoo, Energy and Petroleum Regulatory Authority (EPRA) Director General, Daniel Kiptoo and Petroleum Principal Secretary (PS) Mohamed Liban, and…
Family Bank Limited, a Tier II lender owned by the Titus Muya Family, recorded a 55.4% increase in net profit to KSh 5.38 billion at the close of financial year ended 31st December 2025. This is Family Bank prepares to list at the Nairobi…
Operations at Kenya Pipeline Company (KPC) are now under new temporary leadership after a dramatic turn of events saw Managing Director Joe Sang arrested in an ongoing fuel probe. In response, the board has appointed General Manager for…
U.S. President Donald Trump on Friday, April 3, asked lawmakers to approve a massive $1.5 trillion defense budget for 2027, citing the escalating costs of the war with Iran and broader global security commitments. The proposal would lift…
The 2026 Animal Identification and Traceability Bill (ANITRAC) will improve farmers’ returns and curb livestock theft in the country. The government bill, which is currently undergoing stakeholder engagement, seeks to introduce a system…
Public Investments and Assets Management Principal Secretary Cyrell Wagunda has unveiled an ambitious reform agenda aimed at streamlining state corporations and standardizing asset management across government. Appearing before the…
US President Donald Trump on Thursday imposed a 100 percent ad valorem tariff on imports of certain patented pharmaceuticals and associated pharmaceutical ingredients. In an executive order signed Thursday, Trump said such imports are “in…
Kenya has adopted the OECD’s Global Minimum Tax (Pillar Two), introducing a Domestic Minimum Top-up Tax for multinational companies. Global Minimum Tax is a set of rules endorsed by the OECD/G20 Inclusive Framework (IF) member countries on…
The remote Kapchelal village in the Tinderet location, Tinderet Sub County, had for a long time been characterised by deprivation, but currently a quiet but impactful transformation is taking shape, driven by a group of determined young…
Kenya’s livestock sector is poised to benefit from a modern, data-driven system that empowers farmers and opens up premium markets for livestock products if the Animal Identification and Traceability (ANITRAC) Bill 2026 is passed. The…
Dr. Ann Njeri Karimi has been appointed as the Acting Chief Executive Officer of the National Biosafety Authority (NBA). Her appointment follows the exit of Nehemiah Ngetich whose term has ended. Dr Karimi was appointed after the authority…
Kenya’s foreign exchange reserves fell to USD 13.656 billion, providing the country with 5.8 months of import cover according to the Central Bank of Kenya (CBK). In a bulletin released on April 2, CBK said the reserves remain well above…
