Latest business stories from across Kenya.
Beer distributor Bia Tosha Distributors Ltd has formally withdrawn the most expansive elements of its lawsuit against East African Breweries PLC and Diageo, which has come to be knowns as EABL-ASAHI deal.
I&M Bank Limited has listed the first tranche of its Kenya Shillings-denominated Medium-Term Note (MTN) Programme on the Nairobi Securities Exchange (NSE). The listing marks the commencement of secondary market trading for the Notes,…
Kiharu Member of Parliament Ndindi Nyoro is pushing for a Ksh. 100 billion cut in overseas travel spending across the Executive, Legislature, and Judiciary. He wants to redirect the money to the Fuel Subsidy Fund to help bring down fuel…
President Donald Trump’s administration has declared its stance on the creation of a U.S. central bank digital currency (CBDC). Treasury Secretary Scott Bessent formally ruled out such a move amid growing debate over financial…
Paramount Bank saw its net profit for the period ended 31st March 2026 drop 13.9% to KSh 80.35 Million from KSh 93 38 Million over a similar period last year. Total Interest Income declined 14.9% to KSh 432.09 Million. Net loans and…
Kenya is on course to meet its annual rice production target with the launch of a Ksh 130 million certified seed processing factory in Kirinyaga County. The factory by the Kenya Agricultural and Livestock Research Organization and the…
Project management must be embedded more firmly within public sector policy and decision-making frameworks if Kenya is to strengthen government delivery and achieve sustainable development impact. Speaking during the Government and Public…
The African Population and Health Research Center (APHRC) has launched a new meetings and conference wing at Ulwazi Place in Nairobi, expanding the facility into a larger hospitality and events destination aimed at supporting Kenya’s…
I&M Bank has officially opened trading for its Medium-Term Note (MTN) at the Nairobi Securities Exchange (NSE), following overwhelming demand from investors during the public offer. The bank’s first tranche of the Kenya…
Spiro acquires UK engineering firm Coexlion and plans Africa’s first electric motorcycle R&D centre in Nairobi to localise design.
Tea farmers from various tea-growing zones have called on their legislators to drop the 0.8pc levy on earnings as proposed in the Tea Bill. While speaking in Kiambu County, Kagwe Tea Factory chairman William Muroki Githumbi urged Members…
National Treasury Cabinet Secretary John Mbadi will deliver Kenya’s Budget Statement for the 2026/2027 financial year on Thursday, June 11, 2026, at 3:00 p.m. in Parliament. In a statement, Mbadi confirmed the date and time for the…
President William Ruto has revealed that he held a phone call with Nigerian industrialist Aliko Dangote on plans to develop an oil refinery in East Africa. Speaking at the National Prayer Breakfast held at Safari Park Hotel, Ruto confirmed…
Kenya could realize a significant reduction in its food import bill estimate at Ksh 500 billion annually by deploying green technologies and sustainable financing tailored for youth led agri-enterprises. According to a new Food Systems…
A Kericho-based multinational tea company has marked a major step in the green logistics revolution, following the launch of a fleet of 30 heavy-duty electric trucks, aimed at promoting sustainable transport in its operations. Browns…
A Google employee has been arrested for allegedly using his access to company information to successfully place lucrative bets on the prediction platform Polymarket. The US Attorney for the Southern District of New York said it had charged…
KCB Group’s impressive Q1 2026 financials tell only half the story. Beyond the multi-billion-shilling profits, the lender has actively channeled its capital into high-impact initiatives that blend commercial strategy with environmental and…
I&M Bank Kenya is cementing its role as a pioneer in sustainable finance. During the first quarter of 2026, the lender made massive strides in its Environmental, Social, and Governance (ESG) agenda, unveiling two landmark partnerships…
The Central Organisation of Trade Unions (COTU-Kenya) has criticized the government for not implementing long-awaited Pay As You Earn (PAYE) reliefs in the newly tabled Finance Bill, 2026. COTU-Kenya Secretary General Francis Atwoli said…
Energy Cabinet Secretary Opiyo Wandayi has assured Kenyans that the country has adequate fuel stocks despite reports of shortages in parts of the region amid the ongoing war in the Middle East. CS Wandayi, who inspected petrol stations in…
The Government Delivery Unit (GDU) confirmed on Wednesday, May 27, that construction of the Kenol-Sagana-Marua Highway has hit a 99.5 percent completion rate. The GDU revealed that the project expands the busy route into an 84-kilometer,…
Tanzania catches up to Kenya as Vodacom and PayPal open a direct bridge between the M-PESA Super App and PayPal wallets.
The Sagret Hotel and Gretsa University empire was founded by Kenyan businessman Samuel Kibathi Mbugua and his wife, Dr. Margaret Kibathi Mbugua, who built one of the country’s notable family-owned ventures in hospitality and education.…
The Central Organization of Trade Unions (Kenya) [COTU (K)] is urging Parliament to prioritise comprehensive PAYE reforms targeting workers earning up to Ksh 60,000 per month, warning that delayed relief continues to erode household…
