Latest business stories from across Kenya.
Two of East African Community (EAC) largest markets are targeting to smoothen diplomatic relations in support of bilateral trade which has been held back by non-tariff barriers. According to President William Ruto who is on a two-day state…
President William Ruto’s two-day state visit to Tanzania has yielded a series of agreements aimed at strengthening bilateral relations and expanding trade and investment between the two neighbouring countries. President Ruto, who left…
Germany warned on Monday that the European Union is prepared to take countermeasures if the United States moves ahead with plans to sharply increase tariffs on European automobile imports. German Vice-Chancellor and Finance Minister Lars…
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The Central Bank of Kenya (CBK) has published the average commercial bank lending and deposit interest rates for March 2026. In a notice dated May 5, CBK has reported that lending rates across commercial banks ranged from 10.80 percent to…
The Kenya Revenue Authority (KRA) has invited members of the public to submit comments on proposed regulations aimed at reforming the taxation of residential rental income, in a move designed to enhance compliance among landlords. The…
The State Department for Industry has announced that the East African Community Assembly and Manufacturing of Products Regulations, 2023 will officially come into force on July 1, 2026. In a notice issued on Tuesday, May 5, 2026, Principal…
Passport issuance in Kenya has taken a significant hit, with the latest figures from the Kenya National Bureau of Statistics (KNBS) revealing a 36.7% drop in 2025. According to the Economic Survey 2026, the number of travel documents…
Kenyans are increasingly turning to their phones for news, with social media now taking the lead over traditional platforms like TV and radio, new findings show. A 2025 State of the Media report by the Media Council of Kenya paints a clear…
Car& General sterling financial performance in 2025 that saw its net earnings rise 365% to KSh 2.93 billion against KSh 526Mn made during the previous financial year. and a 327.1% rise in Dividend per Share to KSh 3.42 continues to excite…
StanChart Bank Kenya Limited plans to dispose its Chiromo headquarters in Westlands, Nairobi, as part of a strategic shift toward an “asset-light” model, with the sale expected to be complete by June 2026. The seven-storey StanChart Bank…
Government Spokesperson Isaac Mwaura has reaffirmed the government’s commitment to strengthening the education sector, announcing key reforms aimed at improving access, quality, equity and affordability across all levels of learning.…
SBM Bank (Kenya) Limited today announced a standout financial performance for the first quarter of 2026, reporting a Profit After Tax (PAT) of Ksh. 171 million. This represents a massive leap from the Ksh. 12.4 million recorded in Q1 2025,…
Naivasha’s ambition to become a premier tourism resort city is edging closer to reality, backed by billions of shillings in investment in hotel and conference facilities and a surge in Meetings, Incentives, Conferences and Exhibitions…
The government has intensified efforts to enhance cross-border trade between Kenya and Tanzania, with increased focus on the Lungalunga border as a key gateway for regional commerce under the East African Community (EAC) framework.…
Fly 748 has officially re-launched its scheduled flight operations. The airline returns to the market with a renewed promise to deliver affordable, safe, and customer-centric travel. Fly 748’s return was marked by inaugural flights from…
Africa is witnessing a transformative surge in industrial investment, with Kenya rapidly positioning itself as the continent’s most strategic gateway for textile, apparel, and leather manufacturing. This shift was the central theme at the…
Stanbic Bank Kenya has officially launched an enhanced insurance solution specifically designed for commercial vehicle owners and operators. Underwritten by Heritage Insurance Kenya, this new offering is a direct response to the evolving…
Equity Life Assurance (Kenya) Limited posted solid financial results for the year ending December 31, 2025, with strong growth across earnings, assets, and customer reach. The performance reflects a business that is scaling quickly while…
Every litre of fuel lost in silence is a direct hit on already thin margins, and for many Kenyan fleet owners, this loss happens daily. As fuel prices remain a significant operational expense, even small leakages, whether through…
Nedbank Group has officially opened its partial tender offer to acquire a 66% controlling stake in NCBA Group PLC. The offer, which values NCBA at approximately Ksh. 110 billion ($855 million), represents one of the largest cross-border…
The family behind the South Korean corporate giant Samsung has completed its payment of a 12 trillion won (£6bn; $8bn) inheritance tax bill, the largest such settlement in the country’s history. Chairman Lee Jae-yong and other members of…
BYD by CFAO Mobility Kenya has officially delivered its first fleet of five plug-in hybrid electric vehicles (PHEVs) to Avenue Lease & Rentals E.A. This fleet is destined for use by SBM Bank Kenya. The delivery consists of a specialized…
KCB Bank has launched a mortgage solution specifically designed for the millions of Kenyans working in the informal sector. By offering a rare single-digit interest rate, the bank aims to dismantle the financial hurdles that have…
Fly 748 is seeking to tap the rising demand for domestic connectivity backed by increased economic activity in its return to passenger flights services. According to the airline, the demand for local travel has been sustained by travel…
