Latest business stories from across Kenya.
China’s gross domestic product (GDP) grew 5% year-on-year in the first quarter of 2026 to 33.42 trillion yuan ($4.9 trillion), data from the National Bureau of Statistics (NBS) showed on Thursday. Other key indicators have also shown solid…
Snap announced plans to terminate 1,000 jobs on Wednesday, downscaling its full-time staff by 16%, making it the latest US tech firm to scale back its workforce in favor of increased AI adoption, following Oracle, Meta and Amazon. Snap’s…
Fuel prices for the April/May cycle in major towns have been revised after the Energy and Petroleum Regulatory Authority (EPRA) recalculated rates following a reduction in Value Added Tax. The updated pump prices, effective from April 16…
President William Ruto has assured Kenyans that the government will implement measures to cushion them from rising fuel costs despite a volatile global market. Speaking on Wednesday during the groundbreaking ceremony for the…
Kiharu Member of Parliament Ndindi Nyoro has stepped forward with a series of proposals he claims could slash fuel prices by at least KSh27 per liter. Addressing the media on Wednesday, the lawmaker accused the government of failing to…
An audit has uncovered persistent irregularities in the pension system, raising fresh concerns over ghost pensioners, incomplete records, and questionable payments totaling billions of shillings. The Auditor General’s report for the…
Trans Nzoia Governor George Natembeya has added his voice to the growing chorus of condemnation following EPRA’s latest fuel price review. In a sharp critique shared on Wednesday, April 15, 2026, Natembeya characterized the surge in petrol…
The Energy and Petroleum Regulatory Authority (EPRA) has announced a reduction in fuel prices following a Treasury directive lowering VAT on petroleum products from 13% to 8%. In a press release issued on Wednesday, April 15, EPRA…
Kiharu MP Ndindi Nyoro has stepped up pressure on the government with a detailed plan he says could quickly lower fuel prices and ease the burden on struggling households. In his latest remarks, Nyoro argued that the high cost of fuel in…
The government has unveiled TouristTap, a digital payment platform, aimed at easing transactions for visitors and boosting revenue collection across Kenya’s tourism ecosystem. The new platform which links users debit cards with local…
The National Treasury has engaged the Kenya Broadcasting Corporation (KBC) in order to reposition the public broadcaster into a commercially viable and self sustaining entity. The strategic consultative meeting held between Principal…
The government has announced the rollout of the second phase of the NYOTA Project’s mandatory business classroom skills training. Training forms a key requirement for beneficiaries before the disbursement of the second tranche of start-up…
Travellers across the country are now staring at elevate prices of goods and services following a sharp increase in pump prices announced on Tuesday. Despite the move by the National Treasury to reduce Value Added Tax on fuel from 16pc to…
The High Court of Kenya on April 9, 2026, dismissed Bia Tosha Distributors’ bid to block Diageo’s $2.3 billion(Ksh 299 billion) sale of its East African Breweries Limited (EABL) stake to Asahi Group. By the time the High Court ruled on 9…
SBM Bank’s Jijenge Biashara Savings and Loan account provides small and medium enterprises (SMEs) in Kenya with a unique way to save while accessing credit. The program targets traders, manufacturers, schools, hospitals, pharmacies, and…
The Central Bank of Kenya (CBK) has further solidified its oversight of the financial technology sector, announcing the licensing of 32 additional Digital Credit Providers (DCPs) as of April 14, 2026. This move brings the total number of…
The Central Bank of Kenya (CBK) has officially opened the floor for public discourse on the Draft Financial Consumer Protection Framework. With the deadline for submissions set for April 28, 2026, the framework arrives at a critical…
ENA Coach has increased fare prices across its routes nationwide, citing a rise in fuel costs following the latest Energy and Petroleum Regulatory Authority (EPRA) review. In a statement issued on Wednesday, April 15, ENA Coach said the…
Kenya’s already tense fuel situation has taken a new turn after fresh details emerged in the Senate, raising serious questions about how the government handled an emergency fuel deal worth billions. At the centre of the storm is Oryx…
Luxury car maker Rolls-Royce has unveiled a new two-seater electric convertible model. The BMW-owned company said it will create just 100 of the Project Nightingale cars and will be hand-built at the Rolls-Royce headquarters in Goodwood,…
The Ksh 2.9 billion fuel scandal has taken a new twist with the Kenya Pipeline Company (KPC) now finding itself at the heart of the saga. On Tuesday, the Senate Committee on Energy, probing the scandal established that a waiver request was…
Oryx Energies Kenya Ltd has detailed a multi-million-shilling fuel supply arrangement with the government that was abruptly canceled while shipments were already en route, raising questions in the Senate over emergency petroleum…
Aflatoxin has been described as a major food safety crisis in Kenya, with endemic contamination reportedly affecting key staple crops such as maize, peanuts, and dairy products, mostly in the eastern region. The aflatoxin crisis featured…
James Maina has been appointed as the Acting Director General of the Kenya Vision 2030 Delivery Secretariat (VDS) with immediate effect amid looming restructuring. This follows the exit of Kenneth Mwige who has proceeded on terminal leave…
