Latest business stories from across Kenya.
The Kenya Revenue Authority (KRA) has issued a public notice reminding taxpayers to file their 2025 income tax returns by June 30, 2026. In a public notice dated June 8, the Authority has emphasized that all businesses must comply with the…
The Kenyan government is planning to monetise non-personal data collected through the eCitizen platform and other state digital systems, in a move aimed at creating a formal data marketplace and generating additional revenue for the…
The Kenya Revenue Authority (KRA) has reminded taxpayers to file their 2025 Income Tax Returns by June 30, 2026, warning that those who fail to comply risk facing default tax assessments under the law. In a public notice issued on Monday,…
Old Mutual Holdings will seek shareholder approval for a balance sheet restructuring aimed at strengthening its ability to distribute dividends and create long-term shareholder value.
A budget decision by the National Treasury has cast fresh doubt on Kenya’s long-awaited plans to begin commercial oil production before the end of 2026. The government has withdrawn Ksh 9.84 billion that had been allocated for development…
Nut traders and farmers have renewed calls for the government to lift the ban on the export of unprocessed macadamia, arguing that the restriction has negatively affected the sector amid changing global market dynamics. The Nut Traders…
South Korea’s stock market was forced to halt trading for 20 minutes after the Kospi index plunged by nearly 9% within minutes of Monday’s opening. The halt is part of a circuit breaker mechanism designed to prevent panic trading and was…
Old Mutual Holdings Plc has announced a planned alteration to its capital structure to address accumulated negative retained earnings of Ksh 7,064,040,000 as at 31 December 2025. According to a notice issued on June 8, Old Mutual Holdings…
The Ethics and Anti-Corruption Commission (EACC) has clarified what happens after it recovers public funds and assets suspected to come from corruption. In a statement, EACC said it does not keep the funds or use them for its own…
Domestic workers across Kenya are expected to take home higher pay after the Ministry of Labour introduced new minimum wage regulations. Labour Cabinet Secretary Alfred Mutua announced the updated wage rates through a legal notice, raising…
Global oil prices eased in the week ending Friday, June 5, ahead of Kenya’s next fuel price review by the Energy and Petroleum Regulatory Authority (EPRA), according to a Central Bank of Kenya (CBK) weekly bulletin. The CBK bulletin…
Traders in Iten have welcomed the ongoing construction of a modern market, expressing optimism that the facility will transform trade in the area by improving working conditions, enhancing security, and creating new business opportunities.…
Hello, I am Janeffer. Welcome to today’s edition of The Business Roundup. In this edition, we focus on these three top stories: Billions for Kenyatta Family and Ex-CBK Governor Philip Ndegwa NCBA Share Sale KRA Loses Ksh9.1 Billion in…
A new TIFA poll shows that Kenyans see inflation, high prices, and high taxes as the country’s most serious problems. The findings reveal that 47% of respondents named inflation, high prices, and high taxes as the biggest concern.…
Chinese construction firm China Road and Bridge Corporation (CRBC) asked the High Court to dismiss a petition that seeks to block construction of the Riruta–Ngong Commuter Meter Gauge Railway Project. The company argued that stopping the…
Mastering high-speed 3D printing is not about the top speed on the spec sheet. Success comes from the synergy of three core elements: a stable motion system, effective part cooling, and smart firmware and calibration. These three factors…
Central Bank of Kenya(CBK) received bids worth KSh 34.4 billion from the sale of a 15-year Treasury Bond and a 25-year Treasury Bond, during the June 3rd Auction, an undersubscription of 85.97%. This is out of KSh 40 billion that the state…
As the June 30 tax return deadline draws closer, the Kenya Revenue Authority (KRA) has stepped up its nationwide campaign urging Kenyans to file their returns on time and avoid penalties associated with late compliance. The tax agency says…
As a Kenyan entrepreneur who has relied on PayPal since 2019, I once enjoyed a straightforward relationship with the platform while living and working in the Cayman Islands. But since returning home, that experience has soured. What began…
SanlamAllianz Holdings Kenya has appointed Dr Martin-Oduor Otieno as its new board chairman, effective 4th June 2026, succeeding Dr John Simba, who retires after more than two decades in the corner office. It is during his tenure that…
JKIA (Jomo Kenyatta International Airport) expansion and modernization construction works projected to cost some KSh 272 billion are set to begin this month after the completion of the procurement process. The JKIA project, which is part…
At its 2026 Innovation Gala in Nairobi, tech brand oraimo announced a major shift in its product strategy for the East African market. Known primarily for phone chargers and budget audio gear, the company is moving toward a broader…
Employers and workers across Kenya have been told to continue making pension contributions under the current National Social Security Fund (NSSF) rates, even as court battles over the 2013 pension reforms continue to unfold. The Fund has…
Mining Cabinet Secretary Hassan Joho has called on Mining Officers in the country to uphold integrity, improve compliance and streamline mining operations. Joho noted that illegal mining remains one of the biggest threats to the sector,…
