Latest business stories from across Kenya.
Express Kenya Plc, a listed logistics firm, has filed a cautionary notice for a proposed rights issue of up to 50,000,000 new shares at KSh 5 par, one-for-one. The transaction, which was resolved by Directors of the listed logistics firm…
China will allow eligible coffee beans from all 53 African countries that have diplomatic ties with China to enter its market starting July 20, 2026, the General Administration of Customs (GAC) has announced. Coffee beans, a signature…
Hello and welcome to The Business Roundup with Daisy. In this edition, we review major economic and financial developments shaping the lives of Kenyans and global markets, from proposed tax relief measures and growing financial pressure on…
The Central Bank of Kenya (CBK) has reopened bids for two long-term fixed-coupon Treasury bonds, giving Kenyans an opportunity to invest in government securities starting from Ksh50,000. According to the prospectus issued by the CBK on May…
The COMESA Competition and Consumer Commission (CCC) has dismissed reports alleging that it fined Airtel Kenya KSh7.8 billion for misleading mobile money transaction charges. In a statement on May 29, the Commission clarified that its…
Inflation in the month of May 2026 edged up to 6.7% from 5.6% in April, pushed up by rising global fuel prices. the highest levels last seen in January 2024. This inflation trend has now brought into sharp focus, the next monetary policy…
Equity Group Holdings will seek approval from shareholders to incorporate two insurance business units in the Democratic Republic of Congo(DRC). This is as soon as the regional lender get a nod from shareholders at its 22nd Annual General…
The long-running dispute over Cytonn’s Alma residential project in Ruaka has taken a decisive turn after the Court of Appeal cleared the way for the property to be sold, paving the path for SBM Bank Kenya to recover a large unpaid loan…
More than 350 beekeeping farmers in Kasipul Kabondo, Homa Bay County, have undergone a two-day training program aimed at improving honey production, environmental conservation, and market access. The training, organized by the Lake Basin…
The State Department for Irrigation is seeking strategic collaboration with the Government of Portugal to support the implementation of the National Irrigation Sector Investment Plan, which aims to bring an additional one million acres…
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Credit Bank has reported a reduced pre-tax loss of Ksh 26.6 million in the first quarter of 2026, compared to Ksh 68 million recorded in a similar period last year, as the lender intensified efforts to strengthen its liquidity position and…
Bloomberg News has unveiled the second edition of its ‘Africa Startups to Watch List’, featuring 25 companies that represent some of the smartest ideas from founders across the continent.
Kenya Revenue Authority (KRA) registered a 24pc growth in customs revenue within the last two years alone owing to investments in new technologies which have helped enhance customs efficiency and seal revenue leaks. The authority saw…
A new government move has once again put Kenya’s rice sector in focus, after authorities ordered state agencies to immediately step in and buy unsold rice stocks from farmers in Mwea. The decision is aimed at cushioning producers who are…
The Energy and Petroleum Regulatory Authority (EPRA) has introduced new regulations requiring all new building designs in Kenya to incorporate solar water-heating systems to promote the adoption of renewable energy. In a notice on May 29,…
Frequent demos are not only hindrance to doing business in Nyeri town and its environs but are negatively impacting the livelihoods of area residents, Nyeri Township MP Duncan Maina has warned. Maina is also raising concern over the manner…
The State Department of Public Service and Human Capital Development has advocated for stronger policies and legislation to protect merit-based decisions and institutions from external influences. Speaking during the 12th Human Resource…
Fuel destined to Kenya is now being loaded from various ports across the world under the Government-to-Government to ensure supply stability, Energy and Petroleum Cabinet Secretary Opiyo Wandayi has said. According to Wandayi, Kenya’s fuel…
Absa Bank Kenya PLC has announced that it has posted a net profit of Ksh. 5.3 billion for the first quarter ending March 31, 2026. This is a contraction from the Ksh. 6.16 billion net profit the bank posted in the same period in 2025.…
The Kenya Publishers Association (KPA) has appealed to the government to expedite the settlement of the outstanding Sh9.5billion to facilitate the printing and distribution of Grade 11 textbooks, an exercise projected to require an…
The Co-op Bank of Kenya has been recognised as the SME Bank of the Year in Africa at the 20th edition of the African Banker Awards.
Chinese authorities have rolled out a guideline for the development of an AI metrology system and related capacity building to map out the country’s development of AI metrology capabilities in a systematic manner. The guideline was…
Absa Bank Kenya Plc has reported a profit after tax of Ksh5.3 billion and delivered Return on Equity of 20.3% for the quarter ending 31st March, 2026.
