Latest business stories from across Kenya.
NSE (Nairobi Securities Exchange) has announced the launch of Options on Single Stock Futures (SSF) contracts for Safaricom, KCB Group, Equity Group Holdings, Co-operative Bank of Kenya, I&M Holdings and Kenya Electricity Generating…
Family Bank shares will trade at a price of KSh 18 each when the mid-tier bank, with over 1.3 million customers through a network of 96 branches, makes its debut at the Nairobi Securities Exchange(NSE) on 23rd June 2026. Interestingly,…
Safaricom revised Fuliza M-PESA daily maintenance fees across different borrowing bands, introducing reduced charges and short-term free usage for customers. Under the structure, customers borrowing between KSh101 and KSh500 will not be…
Farmers and cooperatives have been urged to invest in quality production, sustainable farming practices, and compliance with international standards in order to remain competitive in global coffee markets. Principal Secretary for…
SpaceX is buying Cursor maker Anysphere for $60 billion in stock, days after its record IPO. Here is what it means.
Money sent home by Kenyans living abroad is becoming increasingly important to the country’s economy, with new data showing diaspora remittances have grown into a major source of income for both households and the government. A new survey…
Family Bank has set a listing price of KSh18per share ahead of its planned entry into the Nairobi Securities Exchange (NSE) Main Investment Market Segment. In a statement on June 16, the NSE said the lender is scheduled to join the NSE on…
The Kenya Revenue Authority (KRA) has explained how taxpayers can address rejected 2025 tax returns linked to income and expense mismatches in the Electronic Tax Invoice Management System (eTIMS). The clarification follows concerns raised…
A parliamentary committee has launched investigations into allegations that imported raw industrial sugar deemed unfit for direct human consumption may have been repackaged and sold to unsuspecting consumers. The National Assembly…
Launch Africa Ventures has made its first cash distribution to limited partners (LPs) in its Launch Africa Seed Fund I, returning approximately $2.5 million, about 7% of paid-in capital, following 11 successful portfolio exits. The…
The government has ordered a fresh investigation into the collapsed Metropolitan National Savings and Credit Co-operative Society (Metropolitan Sacco), nearly two years after thousands of members were locked out of their savings. In a…
Kenyan households sent KSh40.5 billion abroad, with Turkey emerging as the top destination for outbound remittances, according to the 2025 Kenya National Bureau of Statistics (KNBS) Household Remittances Report. The KNBS report released on…
Residents of Kilimani have raised concerns over a proposed Ksh 1.6 billion expansion of State House Road, warning that the project could worsen traffic congestion, affect the environment and negatively impact nearby residential…
A new report has revealed that Kenyan households received a total of Sh931.8 billion in remittance inflows between June 2024 and May 2025, highlighting the continued importance of diaspora transfers to the country’s economy. According to…
KCB Group dismissed 60 employees in 2025 as the lender intensified efforts to combat fraud, with staff linked to schemes targeting the bank and its customers among those affected. The number of employees terminated over fraud-related…
Japan’s central bank has increased its main interest rate to a new 31-year high after a surge in global energy prices. On Tuesday, the Bank of Japan (BOJ) raised its so-called policy rate to 1% from 0.75% – a level not seen since 1995. The…
Kenya is set to miss out, at least in the short term, on emergency financing it had sought from the World Bank to cushion the economy against the effects of the ongoing conflict in the Middle East. According to Business Daily, the World…
Over fifty religious leaders, spiritual authorities and civil society actors convened today at the Mombasa Continental Resort to launch the Faiths High Ambition Coalition for Ocean and Nature Action; a global alliance formally committing…
Africa’s biggest industrialist, Aliko Dangote, has secured fresh financial backing for an ambitious fertiliser expansion programme that could reshape food production across the continent and reduce Africa’s heavy reliance on imported farm…
The National Treasury has announced the auction of boarded motor vehicles, general office equipment and office furniture in a public sale scheduled for June 30, 2026. In a notice issued on Tuesday, June 16, 2026, the Treasury said the…
BAT Kenya has raised concerns over the growing threat of illicit cigarette trade, warning that the expanding black market is undermining legitimate businesses and eroding government tax revenues despite the company posting strong financial…
JustMarkets, a trading platform with 3M+ active clients and presence in over 160 countries, will soon celebrate its 14th anniversary. To mark this milestone, the team launched a Great Anniversary Contest for both beginner and professional…
The High Court ruled that daughters hold equal rights to inherit their father’s property just like sons, regardless of whether they are married or not. The decision followed a succession dispute in which some family members argued that…
The Kenya National Highways Authority (KeNHA) has confirmed that traders operating along three major highways will not receive compensation when demolitions begin. KeNHA named Chebarbar Lessons Nabkoli (B121), Mayoni Bungoma (B139), and…
