Latest business stories from across Kenya.
Since the launch of Safaricom’s new M-Pesa app, My OneApp, customers have expressed frustration over challenges experienced during the transition to the updated platform. My OneApp was introduced by Safaricom as a unified platform that…
The Water Services Regulatory Board (WASREB), Kenya’s primary regulator for water and sanitation services, has officially declared a vacancy for the position of Chief Executive Officer (CEO). The role demands a leader capable of…
A transport crisis is looming in Ilbissil town, Kajiado County, as a severe fuel shortage pushes petrol prices to as high as Ksh 450 per litre, paralyzing normal operations. Residents of the small town along the Nairobi–Namanga Highway say…
In Kenya’s digital economy, we’ve long accepted a network tax. If your money was on Airtel but your biller only had an M-Pesa Paybill, you were stuck in a cycle of high fees and tedious transfers. But a major shift in mobile money…
Family Bank has appointed receivers and administrators of three firms over loan defaults, placing their assets and operations under external control. The affected firms are Sclaters Holdings Limited, Jamii Distributors (E.A) Limited, and…
The Avocado export season in Kenya has kicked off this month even as exporters of the fruit seek for ways to deal with the logistical challenges occasioned by the Gulf war and disruptions in the Red Sea. “The recent closure of the Strait…
Business activities in the Macalder/Kanyarwanda area of Nyatike Sub-County are yet to fully recover following a recent security operation that disrupted trade and transport. The operation, conducted on March 14, 2026, came after a series…
Hui Ka Yan, the founder of embattled Chinese property developer Evergrande, has pleaded guilty to a number of charges including embezzlement of corporate assets and corporate bribery, according to a statement issued by the court. Hui…
The Policyholders Compensation Fund (PCF) has commenced the process of compensating policyholders and claimants of Trident Insurance Company Limited, which is currently under statutory management. In a notice dated April 14, the Fund asked…
Kenya has received a fresh vote of confidence from the International Monetary Fund (IMF) following high-level talks that come at a time of mounting global economic pressure. The renewed support was confirmed after a meeting held during the…
National Assembly Treasury Cabinet Secretary John Mbadi has confirmed that the government will grant no further exemptions for the electronic Government Procurement (eGP) system starting next financial year. During an interview on Sunday,…
The Kenya Revenue Authority (KRA) has ramped up its enforcement of tax compliance in Nairobi’s Eastleigh hub, focusing specifically on the mandatory adoption of the electronic Tax Invoice Management System (eTIMS). This crackdown follows a…
If there are three words that define the latest installment of Too Early for Birds (TEFB), they are fantastic, emotional, and masterful. Actually, three words aren’t nearly enough. The Wangari Maathai Edition, titled Shawry for Trees: The…
Energy and Petroleum Cabinet Secretary Opiyo Wandayi has revealed that the government is racing to establish large-scale fuel storage facilities in a bold plan aimed at ending recurring shortage fears and protecting the country from global…
More Kenyan households are getting connected to electricity, with new figures showing a steady rise in access as the country pushes toward universal coverage. According to the latest report by the Energy and Petroleum Regulatory Authority…
Twenty five petrol station operating across the country risk heavy penalties after initial investigations by the Energy and Petroleum Regulatory Authority (EPRA) found them to be engaging in manipulation of pump prices. EPRA Acting…
Energy and Petroleum Cabinet Secretary Opiyo Wandayi has denied prior knowledge of the substandard fuel consignment which was imported into the country outside government-to-government framework. While appearing before the National…
NSE (Nairobi Securities Exchange) had Kenya Airways as the leading price gainer, rallying by 25.9% to KSh 6.90 as speculators descended on the counter on the back of recent changes to the listed firm’s Board of Directors and the impending…
The Seafarers Union of Kenya (SUK) has raised alarm over what it describes as a worsening crisis in the maritime sector, with workers going for months without pay and others detained in foreign countries under distressing conditions. The…
Kenya Revenue Authority (KRA) leadership has partnered with the members of the Eastleigh Business District Association (EBDA) to address concerns about the eTIMS compliance gaps in Eastleigh businesses. In a press release dated April 13,…
After missing an earlier summons by the National Assembly’s Energy Committee, Cabinet Secretary for Petroleum and Energy Opiyo Wandayi has now addressed lawmakers, indicating what to expect ahead of the upcoming fuel price review as the…
Traders in Eastleigh want the Kenya Revenue Authority (KRA) to deploy revenue officers familiar with their language which has been attributed to low levels of tax compliance by businesses in one of Nairobi’s busiest trade hubs. During a…
A fresh strain is emerging on Kenya’s external finances, with new data showing a drop in the country’s foreign exchange reserves as global economic pressures intensify. Figures released by the Central Bank of Kenya (CBK) indicate that…
Oil prices rose back above $100 a barrel as energy markets reopened in Asia on Monday after talks between the US and Iran ended without a new deal and President Donald Trump said he would blockade Iranian ports. Global benchmark Brent…
