Latest business stories from across Kenya.
Global companies such as Amazon have experienced a major wave of layoffs in 2026, with thousands of jobs already cut since January as companies restructure operations and increase investments in artificial intelligence (AI). According to a…
The Government of Kenya through the Ministry of Agriculture and Livestock Development in partnership with the German Agency for International Cooperation (GIZ) and AKADEMIYA2063 have prepared the Financing Agri-Food Systems Sustainably…
The stock market valuations of chipmakers SK Hynix and Micron have risen above the $1tn (£740bn) mark, driven by a boom in artificial intelligence (AI) data centres. Shares in South Korea’s SK Hynix, a key supplier to AI chip giant Nvidia,…
Standard Chartered Bank Kenya Plc has recorded a narrowed net profit of Ksh. 3.58 billion for the first quarter of 2026. This is a 1.48% drop from the Ksh. 4.86 billion that the bank recorded in the same period in 2025. The performance…
HF Group Plc unveiled a new corporate identity, HFCB, in a move aimed at unifying its businesses under a single brand as the company positions itself as an integrated financial services and property group. The rebrand, which has received…
Safaricom Telecommunications Ethiopia (STE) has officially transitioned from its capital-intensive market entry phase into a high-growth commercial operation. According to Safaricom Group’s audited financial results for the year ended…
I&M Group PLC has kicked off the 2026 financial year with robust momentum, reporting a Ksh. 5.0 billion net profit for the first quarter ending March 31, 2026. This is a 19% year-on-year increase from the Ksh. 4.2 billion the company…
The Capital Markets Authority (CMA) has officially granted Intermediary Service Platform Provider (ISPP) licenses to two prominent fintech firms: Moneto Ventures Limited and Pesa Bridge Limited. The newly approved ISPP framework is…
The Capital Markets Authority (CMA) has announced the approval of a diverse array of new Collective Investment Schemes (CIS). The newly registered products include unit trust schemes, special funds, and an alternative investment fund, all…
The bank is offering eligible business customers free access to Google’s Hustle Academy, the AI and digital skills programme that has trained more than 18,000 businesses across Sub-Saharan Africa.
KMRC listed a KES 3 billion sustainability bond on the NSE, oversubscribed 312.8%, funding green and social home loans across Kenya.
Centum’s TRIFIC has opened a KES 4.8bn dollar-denominated green REIT from KES 129,000. We explain the structure, yield and risks.
A 2026 Boston University and AERC report finds China–Africa trade hit a record $275 billion, but Africa now repays Beijing more than it borrows.
I&M Group’s Q1 2026 profit rose 19% to KES 5 billion, with bad loans down 33% and customers up 42%.
Family Bank, lined up to list at the Nairobi Securities Exchange(NSE), posted a 53% rise in net profit to KSh 1.65 Billion, its loan book expanding by 12.6% to KSh 108.4 Billion, the lender placing some KSh 100.4Billion in Government…
Standard Chartered Bank Kenya released its Q1 earnings, posting a 26.3% fall in Earnings Per Share(EPS)-an indicator of profitability- to KSh 9.47, as the lender’s topline faced pressure from thinner margins. The lender issued a profit…
Safaricom has enhanced the My OneApp experience to offer greater convenience and accessibility for all users, including those on other networks and roaming customers. The upgrade enables seamless login and access across different networks,…
Dairy farmers in Maara Sub-county are seeking government intervention to revive the collapsed Wega Milk Cooperative Society after years of legal battles, leadership wrangles and mounting debts estimated at more than Sh83 million. …
The Kenya International Freight and Warehousing Association (KIFWA) has announced plans to conduct fresh elections for its Mombasa branch following a directive from the Registrar of Societies, while urging members to remain calm as a court…
The rising unemployment crisis among young people continues to pose a major social and economic challenge, especially in rural regions where formal job opportunities remain scarce. Yet, experts and stakeholders now argue that agribusiness…
I&M Group has posted a strong set of results for the first quarter of 2026, reflecting solid growth across profitability, revenue streams, and its regional operations, even as the lender continues to invest heavily in expansion and…
For many living in Kenya, business isn’t a corporate strategy, it’s a daily battle for survival. It is the immediate difference between a meal on the table and an empty cupboard. It is here, in the trenches of everyday life, that the I&M…
The Association of Chartered Certified Accountants (ACCA) Eastern Africa has opposed provisions in the Finance Bill, 2026, that would require private companies to distribute at least 60 per cent of retained earnings or risk having the…
Capital Markets Authority (CMA) has given the green light to a new batch of collective investment schemes, opening more doors for both retail and institutional investors looking for regulated ways to grow their money. The approvals,…
