Latest business stories from across Kenya.
Samasource Impact Sourcing Inc. (Sama) has officially announced the redundancy of 1,108 employees at its Nairobi office. The decision follows a formal notice from Meta, the parent company of Facebook and Instagram, to terminate a major…
Kenya has sought emergency financial backing from the World Bank to cushion its economy against shocks stemming from the ongoing tensions involving Iran. Speaking to Reuters on the sidelines of the IMF-World Bank Spring Meetings on April…
Kenya’s inflation rate may climb toward the upper limit of the government’s target by mid-year as the Central Bank of Kenya (CBK) forecasts a steady rise fueled primarily by expensive energy. The regulator expects headline inflation to hit…
Senior Counsel Kalonzo Musyoka has petitioned the High Court to extend conservatory orders blocking the government’s proposed sale of a 15 percent stake in Safaricom. Addressing a three-judge bench on Thursday, Musyoka described the…
CBK (Central Bank of Kenya) received bids worth 38.3 Bn from the April 15th Auction of a new 30-year Treasury Bond and a re-opened 30-yr Treasury Bond, first sold in 2011 and has 14.9 years to maturity. This auction, which had an…
MultiChoice Talent Factory Academy (MTF Academy) today officially ushered 19 filmmakers into the professional arena. The graduating cohort, representing Kenya, Ethiopia, Tanzania, and Uganda, completed an intense 9-month program designed…
NCBA Asset Finance has officially handed over a new fleet of Isuzu NQR buses to City Shuttle Sacco. The partnership highlights a growing trend of financial institutions playing a role in the modernization of Public Service Vehicle (PSV)…
Safaricom has moved to calm growing frustration among customers after the rollout of its new all-in-one mobile app ran into problems just days after launch. The telco admitted that some users have been unable to access the newly introduced…
Samasource Impact Sourcing Inc (Sama) has issued a redundancy notice affecting 1,108 of its workforce in Nairobi. The firm which offer artificial intelligence (AI) training services to said the job cuts have been due to a formal notice by…
748 Air Services has announced the official relaunch of its scheduled flight operations, Fly 748, set to take flight this May. Operating out of Jomo Kenyatta International Airport (JKIA), the airline aims to reconnect the capital with…
Sameer Africa Plc, a listed firm which retooled its business model from selling tyres to now letting out investment property, made a Net Profit of KSh 274.28m in 2025 from KSh 259.90 the previous year, an increase of 5.53%. Revenues grew…
The Kenya Tea Development Agency has warned that the recent increase in fuel prices is expected to negatively impact tea farmers’ earnings this year, as rising production and export costs continue to strain the sector. Speaking in Naivasha…
St Luke Orthopaedic and Trauma Hospital Eldoret has been ordered to pay a complainant Ksh 525,000 as compensation for illegal sharing of her data with a third party. The Office of the Data Protection Commissioner (ODPC) determined that the…
The evolution of the Kenyan boardroom has transformed the role of a director from a prestigious oversight position into a high-stakes legal responsibility. Whether in a burgeoning private enterprise or a massive state-owned corporation,…
LG Electronics (LG) has rolled out its 2026 QNED evo Mini LED lineup, headlined by a record-breaking 115 inch flagship model. The new range leverages LG’s latest AI processing to ensure that even at massive scales, picture quality remains…
Fahari Aviation, a subsidiary of Kenya Airways (KQ), and aak-GROW/CropLife Kenya have officially entered into a strategic partnership. The two organizations signed a Memorandum of Understanding (MOU) on April 15, 2026, aimed at…
Craft Silicon has launched a new digital payment platform, TouristTap, to tap into the tourism payment market in Kenya. The platform aims to make it easier for visitors to Kenya to make payments to any platform. TouristTap turns a phone…
Kenya’s inflation outlook is under renewed pressure after the Central Bank of Kenya (CBK) warned that rising global oil prices could push consumer costs higher in the coming months. CBK said the country’s price stability is now being…
Fuel prices in Kenya have dipped slightly after the government cut taxes, offering some relief to consumers grappling with high transport and energy costs. A litre of petrol in Nairobi will now retail at Ksh 197.60, down from Ksh 206.70,…
The Kenya Tea Development Authority (KTDA) is warning of a major crisis in the tea sector due to the escalating Middle East crisis and the move to increase fuel prices in the country. According to the authority, the country was currently…
The Energy and Petroleum Regulatory Authority (EPRA) has explained why key State-owned oil institutions, such as the National Oil Corporation of Kenya (NOCK) and the Kenya Pipeline Company (KPC), were excluded from the G…
In April 2026, the Central Bank of Kenya (CBK) reached a significant milestone in financial regulation by granting licenses to an additional 32 Digital Credit Providers (DCPs). This latest cohort brings the total number of regulated…
The Energy and Petroleum Regulatory Authority (EPRA) has announced a reduction in pump prices effective immediately. The revision follows a presidential directive to slash Value Added Tax (VAT) on petroleum products from 13% to 8%.…
When Safaricom unveiled My OneApp at the recent Decode 4.0 event, the vision was clear: a super app that seamlessly merges M-PESA and Safaricom services into a single, sleek interface. For users in Kenya, it appeared on their screens like…
