Latest business stories from across Kenya.
Absa Kenya Foundation has officially launched the CirculaRising Programme. This initiative, the first and largest of its kind in Kenya, is a strategic partnership with the German Corporation for International Cooperation (GIZ) and the…
Foreign investors pulled billions out of the Nairobi Securities Exchange (NSE) in the first three months of 2026, signalling growing unease about global risks and their impact on frontier markets like Kenya. Fresh data from the Capital…
SBM Bank launches KES 1 billion Green Finance Facility and leases five BYD plug-in hybrids through Avenue Lease.
TotalEnergies Marketing Kenya PLC has posted a strong set of results for 2025, growing its profit significantly even as overall revenue dipped. The firm reported a profit after tax of Ksh 2.17 billion for the year ended December 31, 2025,…
Airtel Kenya has officially launched its fibre-based internet services. The provider, long known for its mobile and data offerings, is now aggressively targeting the home and business broadband segments, previously dominated by Safaricom,…
I&M Bank Limited is turning to the local debt market for fresh capital, betting on investor appetite as it pushes ahead with expansion and lending growth. The bank has announced a public Medium-Term Note (MTN) programme worth up to Ksh20…
Four east African countries are set to commence the development of an independent satellite communication network to increase internet access in remote regions. This follows the endorsement a feasibility study to develop a Regional…
Prices of several essential commodities in Kenya increased in the period between March and April 2026, according to the Kenya National Bureau of Statistics (KNBS) report released on April 30. Prices of Irish potatoes and salad cooking oil…
Oil prices have jumped to their highest since 2022 after a report that the US military is set to brief President Donald Trump on new plans for potential action in the Iran war. US Central Command has prepared a plan for a wave of “short…
Kenyans are staring at tough economic times after global oil prices surged sharply amid escalating tensions in the Middle East, raising fears of higher fuel costs and a rise in the prices of goods and services. Oil prices have continued to…
The World Bank Group, through its private sector arm the International Finance Corporation (IFC) and Standard Chartered has announced a new risk sharing facility aimed at strengthening supply chains and boosting business growth across…
The government, through the Ministry of Interior and National Administration, has ordered the release of motorcycles impounded for minor traffic violations. According to the directive issued on April 29, Principal Secretary for Internal…
The Kenyan shilling posted a notable recovery in 2025, gaining 4.1 percent against the U.S. dollar as the exchange rate improved from Ksh134.82 to Ksh129.30, a shift that brought real relief to importers, businesses, and households alike.…
The latest Economic Survey 2026 from the Kenya National Bureau of Statistics (KNBS) reveals that Kenyan women in monogamous marriages experience higher levels of economic empowerment than those in cohabiting or polygamous unions. Drawing…
Kenya has agreed to host the Connected Africa Secretariat which is expected to enhance collaborations among African countries and accelerate digital integration. In a communique read by Information and Communication and the Digital Economy…
Kenya has recorded a sharp rise in inflation, signalling renewed pressure on household budgets as the cost of food, transport and fuel continues to climb. According to the latest figures released by the Kenya National Bureau of Statistics…
SBM Bank Kenya has launched a Ksh 1 billion Green Finance Facility to accelerate the adoption of electric (EV) and hybrid (PHEV) vehicles.
The German development bank KfW has become the latest shareholder in the African Trade & Investment Development Insurance (ATIDI).
Kenyan landlords could face penalties ranging from Ksh 2000 to over Ksh 50000 from the Kenya Revenue Authority (KRA) for late filing and payment, according to the Monthly Rental Income (MRI) law. The KRA’s MRI tax is administered by the…
The Central Bank of Kenya (CBK) has begun a specialized recruitment drive to staff a dedicated unit for the licensing and supervision of virtual asset firms. For nearly a decade, the CBK maintained a cautious distance from the sector, most…
The Capital Markets Authority (CMA) has introduced a new fee structure for market participants, that sets out revised application, licensing, and annual regulatory charges under the Sixth Schedule of the Capital Markets (Licensing)…
Nairobi residents are facing growing pressure as rent prices climb to record levels, deepening the cost-of-living crisis in the city. The latest HassConsult Property Index for the first quarter of 2026 indicates that rents in both Nairobi…
Hass Property has unveiled its land index for the first quarter of 2026, showing that land prices in Nairobi’s suburbs and satellite towns grew more slowly than in the previous quarter, due to falling demand, tighter economic conditions,…
Recent adjustments to US tariffs could add $1.1 trillion to the federal budget deficit over 10 years, according to Phillip Swagel, director of the Congressional Budget Office (CBO). The US Supreme Court’s recent decision striking down US…
