Latest business stories from across Kenya.
The Ministry of Energy and Petroleum has linked the recent nationwide fuel shortages to a combination of technical and administrative snags. These hitches disrupted the normal flow of products, leaving some motorists stranded as pumps ran…
California Governor Gavin Newsom has announced that the state has secured $1 billion in new private investment through the California Competes Tax Credits program, a state initiative managed by the Governor’s Office of Business and…
Have you ever dreamt of designing your own pirate ship, embarking on voyages across vast seas, and crafting characters that could be part of an epic anime saga? With Dreamina, this dream isn’t just something you imagine – it’s something…
The world of real estate marketing has rapidly evolved. Potential customers are no longer going to the open house on weekends and carefully reading lengthy brochures about various real estate offers—they are looking to experience their own…
The National Parliamentary Committee on Trade, Industry, and Cooperatives of the National Assembly proposed a bill that seeks to legally recognize, regulate, and protect street vendors from harassment, as well as ensure a conducive…
Car & General Group shareholders are set to earn total dividends amounting to Ksh 274 million for the year ended December 2025 after net profit jumped by 356pc. The firm’s profit after tax for the full year period increased to Ksh 2.4…
The multibillion shillings Mwache Dam in Kwale County could be commissioned this year ahead of schedule according to the contractor. However, a parliamentary watchdog has warned that the Ksh 25.6 billion project which is now 83pc complete…
Energy and Petroleum Cabinet Secretary Opiyo Wandayi says the prevailing fuel shortage that has been reported in some petrol stations has been due to technical hitch. In a statement, Wandayi said the country currently has enough fuel stock…
Oil prices edged lower in Wednesday trade in Asia after US President Donald Trump raised hopes for an agreement with Iran to end the war. Trump said the US would pause its operation to guide ships through the key Strait of Hormuz trade…
Kenyans now have a chance to weigh in on fresh tax proposals that could directly affect landlords and young job seekers, after the Kenya Revenue Authority (KRA) announced a public participation exercise on two key draft regulations. The…
SBM Bank Kenya has posted a strong profit before tax of Ksh 246 million for the first quarter of 2026, a sharp jump from Sh12 million recorded in the same period last year, underlining steady progress in its turnaround strategy. The…
Amsons Group is betting big on Kenya’s future, with the Tanzanian conglomerate signalling plans to expand its investments as demand for infrastructure continues to rise. The company’s chief executive, Edha Nahdi, said Kenya offers strong…
The government has set aside Ksh40.25 billion for railway development in the 2026/27 budget, aiming to modernize the country’s rail transport system. The funding places rail infrastructure at the center of the government’s broader strategy…
After months of public frustration over the slow pace of construction on the multimillion-shilling Rironi-Mau Summit Expressway, the government has finally broken its silence. The Directorate of Public Private Partnerships stepped forward…
Former Deputy President Rigathi Gachagua launched a fresh offensive against President William Ruto on Tuesday, taking direct aim at the administration’s economic record and labour policies. Speaking at the launch of the Kenya Labour Market…
Pan-African law firm Bowmans has raised serious concerns about several provisions in Kenya’s Finance Bill 2026, warning that a number of the proposed measures could pile additional pressure on businesses and consumers already navigating a…
Kenya has enacted new 2026 regulations that materially restructure the taxation of residential rental income for resident individuals. The changes remove prior expense deductions, compress compliance timelines and formalize reporting…
Uganda eying to increase investments in its ICT sector as it prepares to host this year’s Digital Government Africa 2026. ICT and National Guidance Minister Dr. Chris Baryomunsi said the event slated for later this year will see will bring…
Absa Bank Kenya has unveiled a revamped asset financing proposition aimed at deploying KSh 100 billion over the next three years to businesses and individuals. The Absa Bank Asset Finance enhanced offering is designed to improve access to…
The Kenya Revenue Authority (KRA) has proposed new regulations offering employers a 50% tax rebate on salaries paid to graduate apprentices. According to the KRA, the 50% tax is a government incentive that will encourage employers to hire…
President William Ruto’s two day state visit to Tanzania culminated in a historic address to the country’s parliament with an appeasement to build a strong economic partnership. In an effort to mend the mistrust that has existed between…
Kenyans are increasingly turning to mobile banking as the preferred channel for accessing financial services, marking a major shift in how customers engage with banks across the country. A new survey by the Kenya Bankers Association (KBA)…
Isuzu East Africa has tightened its grip on Kenya’s new vehicle market after selling 2,036 units in the first three months of 2026, maintaining a wide lead over its rivals. Data from the Kenya Motor Industry Association shows that CFAO…
The Communications Authority of Kenya (CA) has opened the door for public input on a fresh set of rules that could change how telecom cables are installed and maintained across the country. In new draft guidelines released for 2026, the…
