Latest business stories from across Kenya.
The High Court is currently navigating a complex property dispute involving former Cabinet Secretary Raphael Tuju as legal teams clash over the legitimacy of a sale involving the multibillion-shilling Dari property in Karen. During a…
Kenya’s March inflation figures edged up slightly to 4.4% compared to 4.3% in February as the Gulf Crisis begun to manifest in the local economy. The price of food was the biggest contributor for the inflation spiral with tomatoes and beef…
The Central Bank of Kenya (CBK) has invited Kenyans and interested local and international investors to bid for reopened and new 30‑Year fixed‑coupon treasury bonds valued at Ksh 20 billion. The bond sale invites both individual and…
Kenya Purchasing Managers Index(PMI) fell to 47.7 in March, down from 50.4 in February 2025, an indication of a deterioration in business operating conditions for the first time since August 2025. This also marks the fourth consecutive…
Quick Mart Limited lost its case against Wells Fargo Limited over a KSh 14,918,750 shortfall resulting from a money transit loss. According to a court ruling delivered by Justice Fred Mugambi, Quick Mart sued Wells Fargo after KSh 94.9…
The Kenya Bankers Association (KBA) has called on the Central Bank of Kenya (CBK) to maintain the benchmark policy rate at 8.75 %, citing growing global uncertainties and emerging risks to inflation and exchange rate stability. In its…
Energy and Petroleum Cabinet Secretary Opiyo Wandayi has ordered One Petroleum Limited to exit the Ksh 11.88B super petrol consignment it imported into the country illegally last month. In a statement, Wandayi has also directed the company…
Kulipa, a Paris-based stablecoin card issuing infrastructure platform, has raised $6.2 million in seed funding. The company aims to connect blockchain settlement systems with the world of everyday financial transactions. If you have a…
Commercial banks are urging the Central Bank of Kenya (CBK) to hold its key lending rate steady, warning that the economy is facing renewed pressure both locally and globally. Through the Kenya Bankers Association (KBA), lenders say…
Nairobi Business Ventures(NBV) Plc Board of Directors has issued a profit warning for the financial year ending March 2026. The listed NBV, which has originally a shoe company, expects its total earnings to decline by at least 25% compared…
The Kenyan shilling has weakened to Ksh130 against the US dollar, marking the end of a 20‑month period of relative stability around the Ksh129 mark. The Central Bank of Kenya (CBK) quoted the currency at 130 to the dollar on Tuesday, April…
The Kenya Bankers Association (KBA) is calling on the central bank Monetary Policy Committee (MPC) to keep interest rates unchained at 8.75pc during Wednesday review. According to KBA, the maintaining the lending rates will help strengthen…
Kenya’s private sector has hit a wall after seven months of steady recovery, with March 2026 marking the first reduction in business activity since August 2025. The downturn, revealed in the latest Stanbic Bank Kenya Purchasing Managers’…
The Kenya Revenue Authority (KRA) surpassed Ksh 2 trillion in cumulative tax collection as at March 31, 2026, reaching Ksh 2.038 trillion in the third quarter of FY 2025/26. KRA stated Tuesday, April 7, that this reflects a 96.1%…
The Kenya Revenue Authority (KRA) has reported a revenue growth of 11.4pc to Ksh 2.04 trillion shillings in the third quarter of the current fiscal year. The authority missed its collection target of Ksh 2.12 trillion for the period after…
Global oil prices rose on Tuesday afternoon in Asia ahead of a deadline set by US President Donald Trump for Iran to open the crucial Strait of Hormuz shipping route. The price of global benchmark Brent crude was up by about 1.4% to…
Uchumi Supermarkets Limited, Currently Company Voluntary Arrangement, has issued a notice to all the shareholders for the holding of the 38th Annual General Meeting (AGM) that will be held on April 29, 2026. According to the notice, the…
Treasury Cabinet Secretary John Mbadi has announced a major shift in government policy, with Kenya abandoning plans to procure petrol-powered vehicles and moving towards electric mobility in response to rising global oil market…
President William Ruto has issued a stern warning to cartels operating within the petroleum industry, vowing severe punishment for any actors attempting to profit from the ongoing crisis in the Middle East. During a church service in…
Energy Cabinet Secretary Opiyo Wandayi announced that the government blocked the arrival of a second fuel shipment after discovering irregularities linked to a cargo currently under investigation. He explained the decision in a statement…
Chinese Ambassador to Kenya Guo Haiyan has urged Kenya to accelerate reforms that improve the country’s business climate, saying the move could unlock greater investment from Chinese companies and expand Kenya’s exports to China. Speaking…
Former Mauritania Prime Minister Zeine Zeidane has been appointed as the new Director of the African Department at the International Monetary Fund (IMF). While making the announcement, IMF Managing Director Kristalina Georgieva said…
The Tea Industry in Kenya earned KSh 218.79 billion in Exports, this performance propped up by radical reforms in the sector and expansion into new markets. While presenting the 2025 Kenya’s Tea Industry Performance Report in Embu,…
The Nairobi bourse had one of its roughest months in recent history, with investors watching billions in value disappear as global shocks spilt into the local market. This wiped out an estimated Ksh 343.6 billion in paper wealth at the…
