Latest business stories from across Kenya.
Visa and OpenAI have launched a strategic partnership to integrate Visa’s payment network into OpenAI’s platforms. Announced at the Visa Payments Forum in San Francisco, the collaboration focuses on agentic commerce, allowing artificial…
KCB Group disbursed Sh48.8 billion in green loans in 2025, surpassing its sustainable finance target as the lender expanded support for climate-smart investments across East Africa. According to the bank’s 2025 Sustainability Report, the…
A Chinese state-backed construction company has secured a Sh375 billion ($2.9 billion) contract to modernise and expand Jomo Kenyatta International Airport (JKIA), reviving plans to upgrade Kenya’s main aviation hub after the collapse of a…
The Power Learn Project (PLP) was born during the height of the COVID-19 pandemic out of a critical realization: Africa faced a profound skills gap in a rapidly shifting digital landscape. What began as an initiative focused on…
Shiquo wa Hii Style, officially known as Teresia Wanjiku, is a Kenyan businesswoman and TikTok seller based in Nairobi, Kenya. She founded Hii Style by Shiquo, a fashion, beauty, and lifestyle business that imports goods from China and…
Kenyan cooperative leader Macloud Malonza has been elected President of the International Co-operative Alliance (ICA) Africa, marking a significant milestone for Kenya’s cooperative movement on the continental stage. Malonza, who…
Sopa Lodges Kenya, popularly known for being a premier safari lodge chain, is a privately held hospitality company headquartered in Nairobi, Kenya. The Chain is owned and operated by Sopa Lodges Limited, which operates across Kenya and…
With just days remaining before the next fuel price review, the government has assured businesses and consumers that diesel prices are set to fall further as Kenya maintains sufficient fuel stocks to meet demand over the coming weeks.…
Brookside has rewarded thousands of dairy farmers with a total of Ksh 255 million for maintaining high milk quality standards and ensuring a steady milk supply over the last six months. The bonus payments, issued under the processor’s…
The National Treasury and Economic Planning Cabinet Secretary John Mbadi is expected to present tax measures for raising revenue to fund the country’s proposed expenditure of Ksh 4.8 trillion for the next financial year beginning July 1,…
The Energy and Petroleum Regulatory Authority (EPRA) has called on global investors to explore opportunities in Kenya’s geothermal sector, citing the country’s vast resource potential and ongoing efforts to strengthen regulatory frameworks…
Simba Corporation’s vehicle assembly subsidiary, Associated Vehicle Assemblers (AVA), plans to invest Sh1 billion in a dedicated electric vehicle (EV) assembly line at its Mombasa plant as it seeks to capitalize on growing demand for…
The Fifa Men’s World Cup is set to be the biggest betting event of all time, with more than $50bn (£37.4bn) in wagers placed globally. The tournament will see punters place bets worth around $500m per match, according to a forecast by…
Kenya spent more than Sh1.35 trillion on debt repayments during the first nine months of the 2025/26 financial year, highlighting the growing burden of public debt and the country’s exposure to exchange rate fluctuations, according to a…
Kenya’s Family Bank will begin trading its shares on the Nairobi Securities Exchange (NSE) on June 23 after securing approval from the Capital Markets Authority (CMA), becoming the latest financial institution to join East Africa’s largest…
Electricity costs declined by Sh0.27 per kilowatt-hour (kWh) in June, offering relief to households and businesses facing rising operational expenses, Energy and Petroleum Cabinet Secretary Opiyo Wandayi has announced. According to…
Investors have been invited to bid on a 13-floor commercial property offered for sale by a Kenyan Sacco in the Nairobi CBD. In a notice by the Sacco’s Chief Executive Officer on June 11, Ufundi Savings and Credit Co-operative Society…
Energy and Petroleum Cabinet Secretary Opiyo Wandayi said the government has maintained stable fuel supply ahead of the monthly price review by the Energy and Petroleum Regulatory Authority (EPRA). In a statement on Wednesday, June 10,…
The financial industry is undergoing a rapid transformation. Traditional methods of managing money, investing, and providing financial advice are being reshaped by digital solutions. From mobile apps to AI-powered tools, technology is no…
Consumers should expect a Ksh 0.02685 per kilowatt-hour reduction in their electricity bills from this month following a new directive by the energy ministry. Energy and Petroleum Cabinet Secretary Opiyo Wandayi said following a…
Three Kenyan banks have yet to meet the minimum core capital requirement of Ksh3 billion, with the Central Bank of Kenya (CBK) ruling out any grace period for lenders that remain below the threshold. While responding to a question from The…
The High Court has ordered the Kenya Revenue Authority (KRA) to refund Pernod Ricard Kenya Sh29.4 million after finding that the tax authority failed to determine the company’s refund application within the statutory period required by…
The Central Bank of Kenya (CBK) has explained why the Monetary Policy Committee (MPC) maintained the Central Bank Rate (CBR) over the last two meetings. CBK Governor Kamau Thugge, while speaking during a Monetary Policy Committee (MPC)…
Investors based at KenGen’s Special Economic Zone in Nakuru County can now access customs and tax incentives provided under the law after the being designated as customs-controlled area. The Green Energy Park in Olkaria which is owned by…
