Latest business stories from across Kenya.
Every budget tells a story. Some budgets tell us where a government wants to go, while others reveal what it is worried about. Kenya’s 2026/27 Budget, presented by Treasury Cabinet Secretary John Mbadi, offers a fascinating glimpse into…
When Peter Ndegwa assumed the role of Group CEO of Safaricom PLC in April 2020, he inherited East Africa’s most profitable corporate entity at a time of unprecedented uncertainty. Six years later, the numbers tell the story of one of…
Proposals by the National Treasury to cover 90pc of the Ksh 1.15 trillion projected budget deficit in the next financial year from domestics sources could be counterproductive to the country’s growth plans, experts have warned. In the…
Prof. Julius Bitok has assumed his role as the new Principal Secretary for the State Department for Tourism taking over from John Ololtuaa who was reassigned to the State Department for Basic Education. Speaking during the ceremony Bitok…
Farmers at the Lower Kuja Irrigation Scheme in Migori County have raised concerns over what they term as government neglect of the multi-billion-shilling project, warning that the scheme’s productivity is steadily declining. The farmers…
Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, has reported an investment of $6.2 million across financial inclusion, education, environmental sustainability, and digital inclusion initiatives across Africa, during…
Bumpa, Nigeria’s leading business management platform for micro, small, and medium enterprises (MSMEs), has officially entered the Kenyan market.
Small and Medium Enterprises (SMEs) in Kiambu County have raised concerns over an increasingly difficult business environment, saying rising operational costs and weak consumer spending are threatening their survival. The entrepreneurs say…
Bandari Maritime Academy (BMA) is on track to complete a Ksh 2.4 billion Maritime Survival Training and Certification Center by December 2026, a facility officials say will cement Kenya’s position as East Africa’s premier hub for maritime…
Commercial banks struggling to meet the minimum core capital requirement have been granted a three-year extension, providing relief to more than 20 lenders that remain below the proposed threshold. Treasury Cabinet Secretary John Mbadi…
SpaceX has raised $75bn (£56bn) from financial firms ahead of it becoming a publicly traded company on Friday, in what is expected to be the highest-value stock listing in history. In a filing with the US Securities and Exchange…
As the World Cup officially kicked off, thousands of football fans, media personalities, and entertainment lovers descended upon Nairobi’s Uhuru Park Grounds. The massive gathering marked not just the start of global football fever, but…
Murang’a Senator Joe Nyutu has sought a statement from the Senate Standing Committee on Health regarding the expiry of drugs and medical supplies worth approximately Sh1 billion at the Kenya Medical Supplies Authority (KEMSA). While…
Busia Senator Andrew Omtatah Okoiti has raised concerns over the non-disclosure of beneficial ownership in the recently listed Kenya Pipeline Company (KPC), questioning the transparency of the shareholding structure of the strategic state…
Residents of Murang’a County are beginning to experience relief from the high cost of living following a notable decline in the prices of key food commodities that had remained high for several weeks. A spot check by KNA at Mukuyu Market…
The Controller of Budget (CoB) has warned that the national government budget spending has disregarded austerity measures. In her nine-month expenditure report, the CoB said Parliament and State House continue to spend billions of…
The government awarded China Communications Construction Company(CCCC) a Ksh375.4 billion (about $2.9 billion) contract to upgrade and expand Jomo Kenyatta International Airport (JKIA) under the newly established National Infrastructure…
To have 100 hectares of land under your name is a feat a majority of Kenyans would only dream about. And to put the same acreage solely under animal feed production is something many would take a second thought about before trying. Yet…
The Kiambu County Government is set to deploy 500 additional Point of Sale (POS) devices across various revenue collection points to improve efficiency and accountability in revenue collection. According to a press statement released by…
Kenya’s agricultural sector has emerged among the biggest beneficiaries in the 2026/27 national budget after the government retained key funding for food production and farmer support programmes despite broader fiscal tightening under a…
In what appears as a move to appease disgruntled citizens, National Treasury and Economic Planning Cabinet Secretary John Mbadi presented the 2026/27 budget proposal promising to shelve tax increases which would burden consumers. In the…
Treasury Cabinet Secretary John Mbadi (c) displays a briefcase containing the budget estimates for the 2026/2027 Financial Year at The Treasury Building before heading to Parliament to present the 4.8 trillion shillings budget. By Boniface…
Treasury Cabinet Secretary John Mbadi heads to Parliament to present the Sh4.8 trillion 2026/2027 budget. He is escorted by Treasury officials and security officers. By Boniface Malinda
The government has revised Kenya’s economic growth forecast for 2026 downward to 5 per cent from an earlier projection of 5.3 per cent, citing the impact of the ongoing Middle East conflict on global energy markets and the resulting…
