Latest business stories from across Kenya.
Media giant Fox is buying streaming firm Roku in a deal the companies say will create the third largest player in US TV by share of viewing. Fox’s move is being seen as a bet that combining streaming with its news and sport offering will…
Kenya Pipeline Company has issued a cautionary announcement after Zakhem International Construction filed a lawsuit over the Line Replacement Project. ZIC is seeking US$ 84.1Million (KSh 10.87B), comprising US$ 19.0Million (KSh 2.46B) in…
Investors at the Nairobi Securities Exchange (NSE) have received fresh guidance on when to expect dividend payments after the bourse released its June 2026 dividend calendar, outlining key book closure dates and payment schedules for…
While the Western world was transitioning to high-speed broadband and heavy retail releases, African gamers were busy staging a digital revolution inside cramped LAN cafes. At the absolute center of this chaotic, beautiful movement was one…
Three infants have been hospitalized with infant botulism after consuming Nara Organics Whole Milk Organic Powdered Infant Formula, prompting a nationwide recall of the product sold at Target stores and online. The babies, aged between two…
The second phase of the National Youth Opportunities Towards Advancement (NYOTA) programme will be launched on June 27, 2026, as the government moves to expand support for youth-owned enterprises and employment opportunities across the…
Dangote Group has received a major boost for its $7 billion (Kh 903b) fertiliser expansion programme targeting Nigeria and Ethiopia after securing a loan from the Africa Finance Corporation (AFC). The firm has secured $600 million (Ksh…
Africa Finance Corporation (AFC), the continent’s infrastructure solutions provider, is helping drive a US$7 billion fertiliser expansion programme by Dangote Group designed to triple production capacity in Nigeria and establish a major…
African countries have been urged to deepen and integrate their capital markets to mobilise long-term financing, attract private investment, and accelerate economic transformation across the continent. The call was made on Monday during…
Car dealers in Mombasa have protested recent changes to the National Transport and Safety Authority (NTSA) system and the enforcement of regulations governing Dealer Registration (KD) number plates. According to Independent Car Dealers…
Kenya’s fintech revolution cuts both ways. Digital lending channels Ksh. 180 billion annually to over 8 million monthly borrowers, yet a single click has triggered a household debt crisis. Metropol CRB data shows 14 million negatively…
BAT Kenya shareholders have today approved a final dividend of Ksh 60 per share for the year ended 31st December 2025. The shareholders’ approval, given today at the company’s 74th Annual General Meeting (AGM), brings the total dividend…
Oil prices have fallen and shares risen after the US and Iran said they had agreed a framework deal to end the war, which US President Donald Trump said would see the reopening of the key Strait of Hormuz shipping route. Brent crude, the…
The owner of Makini Schools recorded a 60.7 per cent increase in net profit in Kenya in the year ended December 2025, driven by rising student enrolment and growing demand for the premium-priced Cambridge International curriculum.…
The government has commissioned the construction of Lomut Phase II Irrigation Scheme in West Pokot County to the tune of Ksh 1.03 billion. This follows successful completion of phase 1 of the project focusing on hydraulic works,…
Standard Bank, parent of Kenya’s Stanbic, will lead Dangote’s $50bn refinery IPO while Dangote eyes a multi-billion-dollar Mombasa refinery next.
Kenya’s food import bill hit a record KES 81.6 billion as Saudi remittances fell, raising questions about the shilling’s support.
The UK and Japan have agreed a multi-billion pound investment deal which UK Prime Minister Sir Keir Starmer said will build a “new era of co-operation” between the two nations. Japanese firms will spend more than £9bn on UK infrastructure…
The Central Bank of Kenya (CBK) is seeking wider powers to provide emergency financial support to struggling banks, including extending the duration of liquidity assistance loans, under proposed amendments aimed at strengthening financial…
Life in Kenya today feels like a constant balancing act. One month you are comfortable, the next you are calculating how to stretch transport fare, food money, rent, and maybe still have something left for data bundles so you can stay…
Kenya is among the five East African banks holding interest rates for the current bank cycle out of the seven central banks. The Central Bank of Kenya (CBK) recently maintained its benchmark lending rate, joining a broader group of…
The European Union (EU), Agence Française de Développement (AFD), and the Government of Kenya have commissioned the second phase of the Green Mini-Grid (GMG) Programme, extending renewable electricity access to more than 100,000 people…
The Energy and Petroleum Regulatory Authority (EPRA) has cut the diesel price by Ksh10 per litre in its latest monthly fuel review. In a statement released on Sunday, EPRA said it will lower the maximum retail price of diesel by Sh10 per…
APA Life Assurance has been named Life Insurer of the Year at the Africa Company of the Year Awards (ACOYA) 2026. According to a statement, in less than two years, the company rose from 12th to 4th position in the market growing its…
