Latest business stories from across Kenya.
The National Treasury has ruled out introducing new taxes on mobile phones, cryptocurrency, and bread under the Finance Bill 2026. Treasury Cabinet Secretary John Mbadi clarified that most of the contested proposals aim to simplify the…
The Kenya Bankers Association (KBA) has sounded an alarm, warning Kenyans to brace for an even higher cost of loans if the government allows the Kenya Revenue Authority to slap Value-Added Tax (VAT) on the sale of repossessed properties.…
At least 29 state corporations asked the Cabinet to wipe away Sh28.55 billion in long-standing loans owed to the Treasury. The agencies argue that these debts have clogged their books for years, and current financial struggles make…
Meru Governor Isaac Mutuma M’Ethingia has urged miraa farmers to join cooperative societies to strengthen their bargaining power and improve marketing of the crop as leaders push for revival of the sector. Speaking on Sunday during a…
Under the cool shade provided by the trees that line the middle of Siaya town, a green canopy of leafy trees and the fabricated steel benches provide more than just a recreation space. The park, befittingly christened Governor’s Park, also…
The Kenya Association of Stockbrokers and Investment Banks (KASIB), the Nairobi Securities Exchange (NSE), and other key capital market stakeholders have urged the National Assembly to consider introducing a preferential Corporate Income…
Stakeholders appearing before the National Assembly Departmental Committee on Finance and National Planning have broadly supported the government’s proposal to introduce a new tax amnesty programme under the Finance Bill, 2026. However,…
Carrefour, operated in Kenya by Majid Al Futtaim, is celebrating 10 years of operations in the country after a decade of rapid expansion, local sourcing, and investment in Kenya’s retail sector. Since entering the Kenyan market in 2016,…
Equity Group has entered into an agreement MicroSave Consulting that will see the two firms collaborate to boost financial access in Kenya’s fisheries sector. Under the deal, the banking giant targets to advance gender equity within…
The Murang’a County government has issued cheques worth Sh440,000 as support to traders whose businesses were destroyed during the recent protests against high fuel prices. The move by the devolved administration is an effort aimed at…
Women groups in Tharaka Nithi County involved in basket weaving and palm-reed products have received a major boost after the Kenya Forestry Research Institute (KEFRI) pledged support to help them improve their skills and access wider…
The Finance Bill 2026 rewrites the law a High Court used to rule payment provider fees are tax-exempt. If it passes, paybills, tills and transfers cost more from 1 July.
President William Ruto on Monday commissioned the fully energized 400/220KV Mariakani sub-station- in Kilifi County, developed by the Kenya Electricity Transmission Company (KETRACO). The Mariakani Substation is the most strategic power…
Flower farms across the country have embarked on job cuts due to the rising cost of fuel coupled by the Middle East crisis that has adversely affected shipping of flowers. According to the Agricultural Employers Association (AEA), the…
The National Treasury has moved to calm rising public concern over proposed changes in the Finance Bill 2026 that critics say could make mobile phones even more expensive, insisting there is no new standalone tax being introduced on the…
As the clock ticks down on public participation for Kenya’s Finance Bill 2026, attention is now shifting to Parliament, where lawmakers are expected to begin sorting through hundreds of submissions from Kenyans, businesses, lobby groups…
Nairobi is facing a growing housing deficit driven by rapid urbanisation, rising diplomatic presence, and increased demand for short-term and long-term accommodation. According to industry estimates, Kenya’s national housing deficit stands…
Parliament has dismissed claims that the Finance Bill 2026 introduces an annual land rent for freehold land, saying the reports are false, misleading, and unsupported by any clause in the proposed legislation. The clarification came after…
Europe’s adjusted carbon tax rules under the European Union’s Carbon Border Adjustment Mechanism (CBAM) are threatening the Kenyan exports as it enters the definitive phase. According to the State and Trends of Carbon Pricing 2026 report,…
Veteran businessman Peter Kuguru entered Kenya’s beverage industry in 1997 after acquiring the multibillion Softa brand from Highlands Mineral Company Limited, a firm established in 1947 that produced mineral water and other drinks. In…
Hello and welcome to The Business Roundup with Daisy. This edition highlights key developments shaping governance, public administration, and the cost of living, with focus on regulatory decisions and institutional disputes. In this…
The Kenya Ports Authority (KPA) has announced revised Cross-Channel Ferry Charges, effective Friday, May 22, 2026. In a notice dated May 22, KPA urged ferry users and members of the public to familiarize themselves with the updated charges…
African entrepreneurs, investors, and policymakers are calling for urgent reforms to unlock affordable financing and strengthen business survival across the continent, as economic uncertainty continues to strain startups and small and…
Mitsumi, a technology distributor, is investing US$2 million in artificial intelligence cloud platform designed to give young Kenyan innovators the tools, space and opportunity to compete on the global technology stage. The initiative,…
