Latest business stories from across Kenya.
Tanzania is making another strong pitch to international investors after more than 50 business leaders from across Africa, Europe and North America arrived in the country for a trade and investment mission aimed at identifying new…
Kenya has secured Sh97.1 billion ($750 million) from the World Bank to support governance reforms, strengthen public financial management and expand social protection as the government seeks to boost private sector investment and create…
The Kenya Revenue Authority (KRA) has announced the automation of the licensing process for vehicles transporting transit goods and other goods under customs control, with the new system taking effect from July 1, 2026. In a notice issued…
Airtel Kenya has appointed Djibril Tobe as its new Managing Director, effective July 1, 2026. The telecommunications company announced the appointment in a statement issued on Tuesday, saying Tobe will succeed Ashish Malhotra, who has…
Kenya is set to benefit from a Ksh 97.1 billion ($750 million) World Bank financing package that will support a new wave of economic reforms aimed at tightening the management of public funds, improving transparency in government and…
Kenya’s second-biggest telco, Airtel Kenya, has a new man at the helm. Senegalese Djibril Tobe has been appointed as the new managing director, replacing Ashish Malhotra, who departs for Indus Towers Africa. Djibril Tobe brings nearly 30…
The United Nations’ International Fund for Agricultural Development (IFAD) has launched an internal audit into one of its Kenya-funded programmes following allegations that senior National Treasury officials siphoned Sh1.55 billion meant…
Kenya Electricity Generating Company (KenGen) has expanded its renewable energy development pipeline to 5,500MW from the 1,500MW target set under its 10-year G2G 2034 Corporate Strategy. The announcement was made during the launch of the…
National Bank of Kenya (NBK) and Centum Real Estate have unveiled a strategic partnership to make home ownership more accessible
Djibril Tobe has been appointed Managing Director of Airtel Kenya, succeeding Ashish Malhotra who takes up a new role as the Chief Executive Officer of Indus Towers Africa.
The Kenya Revenue Authority (KRA) has issued a final reminder to all PIN holders with an income tax obligation to file their 2025 Income Tax Returns before the filing deadline of midnight on Tuesday, June 30, 2026. In a notice dated June…
The National Construction Authority (NCA) has announced the commencement of the annual licence renewal exercise for local contractors for the 2026/2027 financial year. In a notice issued on Tuesday, June 30, 2026, NCA Executive Director…
British American Tobacco (BAT) will cut about 5,500 jobs globally as part of a major restructuring programme aimed at reducing costs and accelerating its shift towards digital technology and artificial intelligence. The tobacco giant,…
The Kenya Revenue Authority has ruled out any extension for filing annual income tax returns, insisting that all taxpayers must submit their returns by Tuesday, June 30, 2026. KRA urged any taxpayer yet to complete the legal requirement to…
Nairobi secured the lion’s share of Sh22.1 billion under the newly enacted County Allocation of Revenue Act, 2026. The capital leads the pack among the country’s 47 counties after President William Ruto signed the law, unlocking a record…
Kenya and Rwanda have signed three key agreements that will allow Kigali to import bulk refined petroleum products through the Port of Mombasa and the Northern Corridor under a government-to-government (G2G) arrangement, in a move expected…
Multinational tobacco giant British American Tobacco (BAT) Plc, the majority owner of BAT Kenya, has announced a global restructuring program affecting 9,000 jobs worldwide. The changes form part of the company’s Fit2Win transformation…
The Kenya Development Corporation (KDC) has announced a raft of customer-focused reforms and new financing initiatives aimed at easing access to credit, supporting business expansion, and accelerating industrial growth in the country.…
The governments of Kenya and Rwanda have signed three landmark agreements that will fully open the Northern Corridor for Rwanda’s importation of Bulk Refined Petroleum Products (BRPP) under a Government-to-Government (G2G) arrangement,…
Former Absa Bank Kenya Chief Executive Officer Abdi Mohamed has been appointed the new Chief Executive Officer of I&M Bank Kenya, marking a swift return to the country’s banking industry after ending his three-decade career at Absa. In a…
The governments of Kenya and Rwanda have officially signed three landmark Import Framework Agreements. The deal fully opens the Northern Corridor for Rwanda’s bulk refined petroleum imports under a Government-to-Government (G2G)…
I&M Group has appointed Abdi Mohamed as the new chief executive officer of I&M Bank Kenya. The bank said the move is part of its strategy to strengthen leadership and accelerate growth. “We are delighted to welcome Abdi to I&M Group at an…
Wiper Patriotic Front (WPF) leader and United Opposition co-principal Kalonzo Musyoka has warned the government against proceeding with the proposed sale of part of its shareholding in Safaricom PLC, saying the move would undermine Kenya’s…
Kenya’s capital markets have received another boost after the Nairobi Securities Exchange (NSE) successfully listed the country’s latest green Real Estate Investment Trust (REIT), a move expected to deepen sustainable financing while…
