Latest business stories from across Kenya.
Somalia is expected to register a slower growth for the third consecutive year as rising global oil prices add pressure to the country’s strained economy. The latest World Bank Somalia Economic Update projects the country’s economy to grow…
Motorists and households are bracing for a fresh wave of inflation after the Energy and Petroleum Regulatory Authority (EPRA) announced a staggering increase in fuel prices for the May 15 – June 14, 2026, cycle. In its latest monthly…
The ESSEC Business School and a number of local business and industry leaders have sealed an agreement to advance executive training and talent development. At the sidelines of the just-concluded Africa Forward Summit, the French Business…
CFAO Mobility Kenya and Stanbic Bank have officially renewed their strategic partnership for car financing. Stanbic Bank and CFAO Mobility have tailored packages for both individual and commercial buyers: For Personal Vehicles: Salaried…
Co-operative Bank of Kenya has kicked off 2026 with strong financial results after reporting a major increase in profits for the first quarter, driven by growth in lending, customer deposits, and digital banking transactions. The lender…
The Tea Board of Kenya (TBK) targets to collect Ksh 1.2 billion annually from the tea levy with the implementation of the Tea Regulations, 2026. TBK Chief Executive Officer Willy Mutai said proceeds from the levy will be pooled in a…
Veteran enterprise creator and SNDBX International CEO, Mr Joram Mwinamo, has launched The Enterprise Jungle: An Entrepreneur’s Navigation Toolkit.
Liberty Kenya is seeking to expand insurance uptake in the country with new products targeting vulnerable groups in the country. According to the firm, the two specialised health insurance products are expected to help boost…
Cuba has completely run out of diesel and fuel oil, the country’s Energy Minister Vicente de la O Levy has said. In an interview with state-run media, de la O Levy said there were limited amounts of gas available, but that Cuba’s energy…
Navigating the world of loans can be daunting, especially when faced with various types to choose from. Whether you need loans for a new car, a house, or loans for emergencies, it’s crucial to understand the differences between secured and…
Information, Communication, and Technology Cabinet Secretary William Kabogo has announced a crackdown on the betting and gaming sector. The move follows reports revealing widespread compliance failures among hundreds of companies tasked…
The ESSEC Business School and a panel of local business and industry leaders have sealed a partnership agreement to advance executive training and talent development by providing exposure to real-world business environments. At the…
Kenya Power sector is undergoing one of its biggest structural reforms in decades after Energy and Petroleum Regulatory Authority(EPRA) gazetted the Energy (Electricity Market, Bulk Supply and Open Access) Regulations, 2026, regulations…
The PMI Kenya Chapter is set to convene public sector leaders, development partners, and project management professionals for a major conference aimed at improving how Kenya delivers its development agenda. The event, the Government and…
Rising youth unemployment in Maua Town has forced many young people to seek alternative sources of income through the bodaboda transport business as formal job opportunities continue to shrink. A spot check conducted at major bodaboda…
The Co-operative Alliance of Kenya has proposed major changes to the Sacco Societies (Amendment) Bill, arguing that several provisions in the proposed law could undermine the identity of savings and credit cooperative societies (SACCOs)…
E-commerce company Jumia Group is planning to reduce 200 employees over the next two quarters as the company leverages the use of Artificial Intelligence (AI) and automation. The company aims to cut costs and improve operational efficiency…
Jubilee Health Insurance and the Sikh Council of Kenya have launched a tailored community medical cover for members of the Sikh community in Kenya, including their families and businesses. This marks the first in a series of partnerships…
The Central Bank of Kenya (CBK) has invited investors to participate in a reopened Treasury bond auction to raise Ksh50 billion to support the budget, with a minimum investment of Ksh50,000. In a prospectus released on Wednesday, May 12,…
Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has called for the implementation of levy on tea exports at the rate of 0.8pc. While appearing before the National Assembly Departmental Committee on Agriculture and…
Kenchic Plc has opened a new Kenchic Mtaani Butchery in Imaara Daima, Nairobi, the latest addition to its growing network of neighbourhood outlets.
French President Emmanuel Macron has unveiled a $27 billion (Ksh 3.5 trillion) Africa investment package, with Kenya emerging as one of the biggest beneficiaries during the Africa Forward Summit held in Nairobi. The announcement, made…
The handling of more than 27,000 metric tonnes of imported sugar has sparked fresh scrutiny in Parliament, with lawmakers demanding answers over fears that sugar declared unfit for direct human consumption could end up in the Kenyan…
Manufacturers in Nigeria are sounding the alarm over high diesel costs and constant power outages, warning that many factories risk closure. At Universal Luggage Industries in Lagos, production heavily relies on diesel generators amid an…
