Latest business stories from across Kenya.
The Ethics and Anti-Corruption Commission (EACC) is reporting significant progress in combating public sector theft, but its top official warns that prosecutions alone are insufficient. Speaking at an anti-corruption workshop for media…
The Kenya Pipeline Corporation (KPC) moved to calm public anxiety today, disclosing that the country holds enough petrol stocks to last over 20 days. The announcement follows recent reports of “dry pumps” at several filling stations,…
KeNHA Director General Eng. Luka Kimeli recently inspected the progress of the Gitaru Interchange, where crews are currently laying bitumen. The project is nearing its final stages, with the interchange itself reaching 90 per cent…
The Ethics and Anti-Corruption Commission (EACC) defended its investigation into the high-profile 2014/2015 Eurobond, dismissing allegations from Busia Senator Okiya Omtatah that the government lost or failed to account for billions of…
Millions of Americans will receive their Social Security payments on Wednesday, April 15, either electronically via direct deposit or by paper check. This is the second disbursement round in April. The Social Security Administration (SSA)…
Motorists and households in Kenya are set to dig deeper into their pockets after the Energy and Petroleum Regulatory Authority (EPRA) announced a significant increase in fuel prices for the latest monthly review cycle. In a statement…
The Energy and Petroleum Regulatory Authority (EPRA) has announced the maximum retail prices for petroleum products, effective from April 15, 2025, to May 14, 2026. In a review released on Tuesday, April 14, EPRA increased fuel prices of…
Traders at the Chuka market, Tharaka Nithi County, are reaping benefits of the government’s free public WiFi, with many embracing digital platforms to grow their businesses and reach wider markets. The once traditional marketplace is…
The Kenya Airports Authority (KAA) has appointed Moses Wekesa as the new chief executive officer and managing director. While making the announcement, KAA Board Chairman Iltasayon Neepe said the Wekesa emerged as the ideal candidate to…
The Government of Uganda has announced that a fuel vessel carrying 119 million litres is expected to arrive at the Port of Mombasa on Wednesday, April 15, 2026. In a statement issued on Tuesday, April 14, the Uganda National Oil Company…
The Central Bank of Kenya (CBK) has announced the licensing of an additional 32 Digital Credit Providers (DCPs). This brings the total number of approved firms to 227, in a move aimed at strengthening oversight in Kenya’s expanding digital…
The Central Bank of Kenya (CBK) has invited public comments on the Draft Financial Consumer Protection Framework, which aims to address the growing threat of fraudulent financial transactions. CBK stated that the Framework has been…
Kenya’s petroleum supply remains stable despite growing public concern over intermittent fuel shortages in some parts of the country, Parliament’s Energy Committee has confirmed after inspecting national fuel storage systems in Nairobi.…
CBK (Central Bank of Kenya) Switch Auction received bids worth KSh2.56 Bn, against a target of KSh 20 Bn, an undersubscription of 12.8%. This is as holders of the KSh 20 billion 10-year debt instrument gave the 5th switch auction since the…
Motorists have expressed concern over a sharp increase in fuel prices, with reports indicating that retail costs have risen to as high as KSh 450 per liter in some areas. The surge has disrupted transport operations and triggered…
Madica has announced new investments in three tech-enabled ventures i.e. Kilimo Fresh, Hakimu, and Biovana. Each startup has secured up to $200,000 in funding and will enter Madica’s 18-month acceleration program. The selected startups…
Recent data shows that health insurance coverage in Kenya has grown to around 30% of the population, a significant rise from 10% in 2007. This growth reflects a combination of government initiatives and the expanding reach of private…
Absa Bank Kenya has announced a new partnership with Transafrica Motors (TAM), a leading distributor of commercial vehicles. The collaboration aims to empower businesses by providing flexible, accessible financing solutions for fleet…
Kenya’s gambling capital requirement for the National Lottery is set at Ksh2 billion under the new Gambling Control Regulation 2026. The Ksh2 billion requirement for the National Lottery stands as the highest financial threshold in the…
Kenya expects commercial crude oil exports from South Lokichar in Turkana County to begin by December this year according to the energy ministry. Energy and Petroleum Cabinet Secretary Opiyo Wandayi said Gulf Energy which acquired interest…
CFAO Mobility Kenya has reaffirmed its status as a premier strategic mobility partner following the delivery of twelve Sinotruk H2 trucks to Grain Industries Limited (GIL). The ceremony saw Grain Industries Limited award its top-performing…
The Kenya Revenue Authority (KRA) has released an eight-step guide to help Kenyans who earn income solely from employment file their annual tax returns. Every registered taxpayer with a Personal Identification Number (PIN) issued by KRA is…
The Kenya Deposit Insurance Corporation (KDIC) has officially launched a nationwide public participation exercise to reshape the country’s financial safety net. In a public notice released this week, the Corporation invited Kenyans and…
The Policyholders Compensation Fund (PCF) has officially launched the compensation process for policyholders and claimants of Trident Insurance Company Limited. The insurer, which is currently under statutory management, has left a wake of…
