Latest business stories from across Kenya.
Auditor-General Nancy Gathungu has cautioned that ambitious revenue projections under the Finance Bill, 2026 may not be realised unless the National Treasury and the Kenya Revenue Authority (KRA) address structural leakages and unrealistic…
Car & General has unveiled a new liquefied petroleum gas (LPG)-powered Piaggio three-wheeler in Kenya, positioning it as a cost-effective and environmentally friendly transport solution for operators grappling with rising fuel costs. The…
South Africa’s Vodacom is poised to gain majority control of Safaricom following a proposed acquisition of the Kenyan government’s 15 per cent stake in the telecommunications giant, a move that would elevate its shareholding to 55 per cent…
Leaders from across energy, finance and government, on Wednesday, June 10, convened in Lagos for the inaugural Nigeria Solar Generator Day, highlighting growing momentum behind the transition away from petrol and diesel generators to…
Tea Board of Kenya Chief Executive Officer Willy Mutai has outlined a renewed strategy to attract Chinese investment in Kenya’s tea processing, packaging, and manufacturing segments, as the country seeks to increase value addition and…
Kenya’s labour movement has stepped into the ongoing pensions debate, accusing private retirement scheme operators of running a coordinated effort to weaken the National Social Security Fund (NSSF) as legal uncertainty around contribution…
Car & General has introduced a new LPG-powered three wheeler in the local market where it projects users to realize up to 30pc saving on fuel cost. Chief executive Vijay Gidoomal said the new model offers users smarter, cleaner, and more…
The EU has told Meta that it must allow AI chatbots operated by rival firms to use WhatsApp for free. The European Commission said the firm would need to maintain that access while it concluded an antitrust investigation into the tech…
The Central Bank of Kenya (CBK) has kept its benchmark lending rate unchanged at 8.75 per cent, choosing to support economic growth and affordable credit even as inflation edged closer to the upper limit of the government’s target range.…
China has committed Sh390 million towards a new maternal and newborn health programme targeting northeastern Kenya, where maternal and infant mortality rates remain among the highest in the country despite broader gains in healthcare. The…
A popular Nairobi TikTok seller, Shiquo wa Hii Style, has suffered a major setback after a raid at her RNG Plaza outlet led to the seizure of shoes and other merchandise valued at up to Ksh 20 million, which authorities described as fake.…
The Central Bank of Kenya (CBK) has announced a tap sale of Treasury Bonds Issue Nos. FXD1/2020/015 and FXD1/2018/025, giving investors another chance to put money into long-term government securities. The sale will target Ksh15 billion…
The Salaries and Remuneration Commission (SRC) says Kenya continues to move toward capping public sector salary spending at 35% of total revenue to restore balance between wages, development spending, and service delivery. Speaking in an…
State House has announced a public auction for various unserviceable items, including motor vehicles, television sets, carpets, furniture, old tyres, and scrap materials. In a notice published on MyGov on Tuesday, June 9, 2026, the…
There is a distinct shift happening in the Kenyan insurance landscape. A new corporate identity, SanlamAllianz Kenya, has emerged, signaling a major evolution in how Kenyans protect their health, wealth, and businesses. This isn’t just a…
Nakuru County and the Kenya Commercial Bank (KCB) are working on a new financial services model for the Boda boda sector that will help deepen financial inclusion and enhance access to affordable and flexible financing among the operators.…
The Central Bank of Kenya (CBK) has issued new directives to commercial banks on lending rates. In a statement dated June 9, 2026, CBK said that banks should continue lowering lending rates in line with the easing of monetary policy to…
Kenya is looking to attract additional investments into its blue economy sector as the country prepares to host the inaugural ocean conference later this month. According to Fisheries and Blue Economy Principal Secretary Betsy Njagi,…
The Ministry of Agriculture is projecting annual revenue of Sh1.42 billion from the reintroduction of tea export and import levies under the proposed Tea Levy Regulations, 2026. The new regulations are expected to generate approximately…
The National Transport and Safety Authority has announced that its systems will experience intermittent downtime between Tuesday and Wednesday as it transitions to the new electronic logbook (e-logbook) system. In a statement issued on…
Tobacco farmers in Migori County have asked the government to compel local leaf companies to provide them with protective gear to reduce the risk of contracting dangerous diseases. According to the group, they risked contracting lung and…
Kenyan seafarers are set to benefit from new employment opportunities in Norway following an agreement with Wilhelmsen Ship Management and other Norwegian shipping companies to recruit up to 1,000 Kenyan workers by 2030. President William…
Hundreds of youth from Meru County engaged in small businesses and enterprises have received a major boost from a non-governmental organization through its Sacco wing. Shining Hope for Communities (SHOFCO), through its Sacco wing, has…
Two Nairobi Securities Exchange (NSE)-listed companies, Shri Krishna Overseas PLC and Africa Mega Agricorp PLC, have announced new appointments to their board. In an announcement dated June 5, Shri Krishna Overseas PLC appointed Jacqueline…
