Latest business stories from across Kenya.
CBK (Central Bank of Kenya) accepted bids worth KSh 36.59, falling below the KSh 50 Billion target it was seeking for budget spending in May, just weeks before the 2026/27 budget. CBK will use proceeds worth KSh 26.34 Billion from the May…
Equity Group Holdings insurance business continued to strengthen its contribution to earnings in the first quarter of 2026, emerging as the third key growth engine after banking and payments.
Treasury Cabinet Secretary John Mbadi has defended key proposals in the Finance Bill, including tax amnesty, digitisation of tax collection systems and efforts to widen the tax base, during a televised media engagement held at the…
KCB Group has reported a pre-tax profit of KSh24.4 billion for the first quarter ending March 31, 2026, marking a 15.3% increase from KSh21.2 billion recorded during a similar period last year. The lender attributed the strong performance…
Kenya’s new vehicle market has recorded a solid rebound in the first four months of 2026, driven by cheaper credit, improving business activity, and stronger demand from the logistics and construction sectors. Data from the Kenya Motor…
KCB Group Plc shareholders have officially given the green light to a massive Ksh. 22.5 billion total dividend payout for the financial year ended December 31, 2025. The payout was approved during the Annual General Meeting (AGM). The…
The electric vehicle (EV) revolution in Kenya is no longer just a futuristic concept or a localized pilot project, it has officially shifted into high gear. According to newly released data from Kenya Power’s E-mobility Sales Growth…
KCB Group Plc has reported a robust financial performance for the first quarter ending March 31, 2026, posting a Ksh. 24.4 billion net profit. This is 15.3% Ksh. 21.2 billion net profit that the banking group recorded during the same…
The conversation around industrial manufacturing is shifting rapidly. No longer is it just about scale and output; today, the metrics of success are efficiency, resilience, and sustainability. This reality took center stage at the Clean…
Qatar Airways has announced a major expansion of its African operations, slated to roll out ahead of the peak summer travel season. Beginning June 16, 2026, the carrier will significantly its regional network by restarting paused routes,…
As millions of Kenyans in arid and semi-arid regions continue to struggle with food shortages, the government has asked Parliament to approve an additional Ksh 19.9 billion to strengthen drought response and emergency relief efforts. The…
Paystack has completely rebuilt its core dashboard from scratch. The upgrade transforms the traditional reporting interface into an AI-native ecosystem designed to give merchants instant, conversational insights into their business…
In Constitutional Petition E095 of 2026, the High Court ordered corporate giant Safaricom PLC to pay Ksh. 900,000 in general damages to each of 11 petitioners (totaling Ksh. 9.9 million) for a systemic data breach that occurred between…
The Kenya National Chamber of Commerce and Industry (KNCCI), Nyeri branch, is calling for constructive dialogue in resolving the crisis arising from the sharp increase in fuel prices in the country. Nyeri KNCCI chairperson, Ibrahim Ndung’u…
Kiharu MP Ndindi Nyoro has moved to Parliament seeking major reductions in fuel taxes and levies in a fresh push to lower the cost of fuel and ease pressure on Kenyan households and businesses struggling with the high cost of living. The…
Coca-Cola Beverages Africa (CCBA) in Kenya, in partnership with Emerging Leaders, has launched a transformative initiative supporting more than 3,000 young people across the country. The six-month economic inclusion programme, titled Uwezo…
NCBA Group PLC has announced its financial results for the first quarter of 2026 posting a profit after tax of Ksh. 6.0 billion. This is a 9% increase compared to the Ksh. 5.5 billion the company recorded during the same period in 2025.…
Kenya is moving forward with the implementation of the Energy (Biofuels) Regulations, 2025, which will support the phased rollout of locally produced biofuel blends across the country’s fuel supply chain. The initiative is part of broader…
The largest union at Samsung Electronics has suspended a planned strike after reaching a last-minute tentative pay agreement with the South Korean technology giant. It has temporarily eased fears of disruption at the world’s largest memory…
The Kenyan government has launched a sweeping crackdown on the unregulated sale of raw milk, declaring milk hawking a public health hazard and a serious drag on the country’s dairy industry. Agriculture and Livestock Development Cabinet…
Huduma Kenya has rolled out new Kenya School of Government (KSG) services at 16 Huduma Centres across the country. The official launch took place on Wednesday, May 20, at the Eldoret Huduma Centre in Uasin Gishu, marking the formal start…
Kakuzi Plc shareholders have approved a first and final dividend payout of Ksh16 per ordinary share for the 2025 financial year. This approval marks a 100 percent increase over the Ksh8 payout issued the previous year, as the listed…
East African Cables has been acquired by Cable Experts Limited. In this transaction, TransCentury Plc (now under receivership), East African Cables’ parent company, has signed a share purchase agreement that will see the offloading of its…
Policymakers in Kenya can now direct resources effectively to smallholder farmers across the country through satellite data tracking areas where climate risk are highest. The Climate Vulnerability Assessment Tool (ClimVAT) by the Alliance…
