Latest business stories from across Kenya.
WPP Scangroup Chairman Richard Omwela and eight directors have survived a high-stakes attempt to remove them from office. Shareholders overwhelmingly rejected a sweeping board overhaul proposal at the company’s 20th Annual General Meeting…
The Central Bank of Kenya (CBK) has announced a tap sale of Treasury Bonds Issue Nos. FXD1/2020/015 and FXD1/2018/025, offering investors an additional opportunity to invest in long-term government securities. The tap sale seeks to raise…
Equity Bank Kenya has joined forces with Inchcape Kenya to launch a premier lifestyle and mobility offering. The partnership will allow customers to acquire luxury vehicles through tailored financing and comprehensive insurance solutions.…
American technology giant Amazon has applied for regulatory approval to establish a satellite earth station in Kenya, a move that could intensify competition in the country’s fast-growing satellite internet sector. According to a notice…
Kenya’s fast-growing satellite internet industry could soon see a major new entrant after American technology company Amazon moved to secure regulatory approval to launch ground infrastructure linked to its global broadband project,…
Residents of Mombasa County have opposed a proposal to impose excise duty on mobile phones at the point of activation, urging Members of Parliament to retain taxation at the point of purchase, citing concerns over data privacy and…
The Mediation Committee considering the Division of Revenue Bill, 2026, has made notable progress toward resolving differences over the equitable share of revenue to county governments, signaling growing consensus on the fiscal framework…
The Central Bank of Kenya (CBK) has invited Kenyans and investors to participate in the re-opened sale of two long-term Treasury bonds as the government seeks to raise Ksh60 billion for budgetary support. According to a prospectus issued…
The US has added several major firms from China including technology giant Alibaba and electric car maker BYD to a list of companies said to have ties with the Chinese military. The Department of Defense’s list aims to alert American…
The SACCO Societies Regulatory Authority (SASRA) has appointed David Sandagi as its substantive Chief Executive Officer, ending nearly a year of service in an acting capacity. In a statement issued on Monday, June 8, 2026, the Authority…
The Executive Office of the President, State House, has announced the sale of various unserviceable items through a public auction scheduled for June 23, 2026. In a notice, State House said the auction will take place at 10:00 a.m. at the…
President William Ruto announced a new tranche of investment pledges for Kenya after securing more than Ksh 20 billion in commitments during his ongoing Europe tour. In a statement released on Monday, June 8, Ruto said he had accepted Ksh…
The Kenya Urban Roads Authority (KURA) has announced the partial closure of several major roads in Nairobi to support ongoing bridge construction projects. The works, the authority says, will improve urban mobility while also enhancing…
The Kenya Revenue Authority (KRA) has issued updated guidance to taxpayers as the deadline for filing income tax returns for the Year of Income 2025 approaches. In a statement released on Monday, June 8, KRA reminded Kenyans that returns…
NSE (Nairobi Securities Exchange) Board of Directors, Management and Staff have congratulated its Chief Executive Officer, Frank Lloyd Mwiti, on his appointment to the Supervisory Board of the Association of Futures Markets (AFM). This…
Kenya is set to receive more than Ksh20 billion in fresh European Union-backed investments targeting the country’s growing digital economy, following discussions held between President William Ruto and top EU officials in Belgium. The…
Sasini Plc, a listed agro-based firm that deal with tea, coffee, avocado and macadamia nuts, has executed a major change to its board through appointment of Ms Catherine Kawira Bariu as the new Company Secretary with effect from 28th May…
Sameer Africa, a listed firm at the Nairobi Securities Exchange(NSE), appointed Eshak Adam Harunani and Richard Omwela as Independent Non-Executive Directors of the Company with effect from 29th May 2026. In a notice, Sameer Africa…
Global stock markets have fallen after a sharp sell-off in technology shares led to some bruising falls in Asia. South Korea’s stock market was forced to halt trading for 20 minutes on Monday after the Kospi index plunged by nearly 9%…
Kenya Power has announced plans to progressively close all remaining payment counters in its banking halls by June 2027 following a sharp rise in the use of digital platforms
Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has called for urgent global action to eliminate hazardous agricultural chemicals used in crop production. Kagwe has also urged for an end to a longstanding double…
Kenya Power has announced plans to progressively close all remaining payment counters in its banking halls by June 2027 as part of its Twende Digital campaign. The company says the shift is driven by increased adoption of digital…
Kenya Power has announced plans to close all remaining payment counters in its banking halls by June 2027 as the utility accelerates its transition to digital service delivery under the Twende Digital Campaign. The company said the move…
The Micro and Small Enterprises Authority (MSEA) has urged small-scale entrepreneurs in Isiolo County to organise themselves into cooperatives and business associations to enhance their chances of accessing government grants, credit…
