Latest business stories from across Kenya.
The Energy and Petroleum Regulatory Authority (EPRA) has bowed to stakeholder demands and made a swift revision to its latest fuel pricing cycle. Following emergency consultations with transport sector stakeholders and a fierce public…
Banking giant Standard Chartered has become the latest major company to announce job cuts as it increases its adoption of artificial intelligence (AI). The firm, which has its headquarters in the UK, said it will cut more than 15%, or…
Global consumer electronic manufacture, Hisense secured a distribution partnership deal with Hotpoint Appliances as it targets to strengthen its foothold in Kenya. The Chinese firm says the partnership will enable Hotpoint utilize its…
Manufacturers in Kenya have raised alarm over the ongoing nationwide protests by motorists and transport operators opposing recent fuel price increases, warning that the disruptions are already slowing down production and pushing up the…
Motorists in major Kenyan towns are set to pay less after the Energy and Petroleum Regulatory Authority (EPRA) recalculated maximum petroleum prices, effective from May 19, 2026, to June 14, 2026. In a statement issued on May 18, EPRA…
Digital strategist Pauline Njoroge has hit back at businessman Jimi Wanjigi over his claims regarding the cancellation of the multi-billion-shilling Greenfield Terminal project at the Jomo Kenyatta International Airport (JKIA). During a…
The Safaricom–Vodacom deal remains blocked by the High Court of Kenya, with a constitutional ruling on the matter pending.
Kenya’s worsening fuel crisis took a new twist on Monday, May 18, after the government proposed increasing kerosene prices in an attempt to stop widespread fuel adulteration that has been blamed for damaging diesel engines across the…
Treasury halts fresh Hustler Fund cash after KES 14.8 billion injected and roughly KES 12 billion stuck with defaulters, shifting to Nyota.
The Finance Bill 2026 has been a subject of discussions among ordinary Kenyans as well as policy makers. This is because even small tax and policy adjustments can significantly influence liquidity, investor behaviour, and capital flows…
4G Capital, East Africa’s leading fintech providing financial services to micro and small enterprises (MSEs), has been recognised as one of Africa’s fastest-growing companies by the Financial Times
I&M Bank has announced the successful close of the public offer for the first tranche under its Kenya Shillings-denominated Medium-Term Note (MTN), with the offer recording an impressive subscription rate of 232.26%.
Kenya is becoming one of Africa’s fastest-growing markets for premium wine as consumers increasingly trade up from entry-level bottles, prompting South African producers to deepen their presence in the region. Wines of South Africa, the…
Kenyans from various towns across the country woke up to transport disruptions as matatu owners kicked off their strike over a sharp increase in fuel prices. On Monday morning, thousands of workers in major towns could not secure means to…
Britam Foundation, in partnership with Davis & Shirtliff, has officially commissioned two major solar-powered water projects in Murang’a County. The beneficiary institutions are: Theri Primary School and the Murang’a School for the Hearing…
For the ordinary Kenyan commuter, economic stability didn’t just erode this week, it hit a brick wall. Within mere hours of the Energy and Petroleum Regulatory Authority (EPRA) announcing the fuel pricing cycle for May 15 to June 14, 2026,…
In a resounding vote of market confidence, I&M Bank Kenya has successfully closed the first tranche of its multi-billion Medium-Term Note (MTN) programme, drawing massive interest from both local and regional investors. The debut public…
The Kenya Bankers Association (KBA), hoping to stimulate SME financing, has released the latest ranking of banks giving credit to small and medium enterprises.
Machakos County Governor Wavinya Ndeti has called on the national government to intervene on the rising fuel prices, warning that it was eroding Kenya’s competitiveness and risks driving investors to neighboring markets. Speaking at a…
Rwanda has secured $300 million (Ksh 39b) loan from two financial institutions to enhance electricity access in the East African Community (EAC) member state. Under the Energy Sector Results Based Financing Phase II (RBF II) programme,…
Oil prices rose on Monday in Asia after US President Donald Trump warned Iran the “clock is ticking” as talks to bring the war to an end have stalled. The global benchmark Brent crude was 1.7% higher at $111.13 (£83.44), while US-traded…
A Kenyan citizen has taken the fight against soaring fuel prices to the High Court, filing an urgent petition seeking to suspend the latest pump price increases announced by the Energy and Petroleum Regulatory Authority (EPRA). Francis…
The Energy and Petroleum Regulatory Authority (EPRA) has introduced three new charges that will inflate your May 2026 power bill. The energy regulatory body announced the changes via a public notice, adding a Foreign Exchange Fluctuation…
Motorists using Ngong Road near Junction Mall should prepare for disruptions starting this week, as the Kenya Urban Roads Authority (KURA) announces a two-week partial night closure to complete the final phase of ongoing road works. In a…
