Latest business stories from across Kenya.
Kenya has approved 15 new firms to operate under the Nairobi International Financial Centre (NIFC), a move expected to unlock Ksh 25.8 billion ($200 million) in fresh investments and create more than 1,000 jobs as the country steps up…
Dimension Data Uganda today officially announced its transition to the NTT DATA brand. This is a big step in the company’s growth and strengthens its commitment to supporting Uganda’s digital transformation goals. The transition reflects…
Broadcasting and Telecommunications Principal Secretary Stephen Isaboke has urged marketers to embrace artificial intelligence (AI) responsibly, saying the growing value of consumer data demands stronger protection as the technology…
Shri Krishana Overseas (SKL) Plc has provided shareholders with detailed updates on the company’s operations, growth strategy, manufacturing expansion, market outlook, and future prospects. During SKL’s first-ever Annual General Meeting…
Kenyan enterprises are expected to ink business deals with their Chinese counterparts during the 3rd China-Kenya International Commodity Exhibition in Nairobi. The expo, which has brought together at least 100 enterprises from Kenya and…
The Energy and Petroleum Regulatory Authority (EPRA) says motorists will need to wait between 30 and 45 days before the recent drop in global oil prices shows up in local pump prices. EPRA Petroleum and Gas Director Edward Kinyua said…
Construction at Nithi Bridge has inched forward after the Kenya National Highways Authority (KeNHA) received permission to access land needed for the project. In a statement released on Wednesday, July 1, the agency said the National Land…
National Treasury Cabinet Secretary John Mbadi said the government expects to receive Sh204.3 billion from the sale of an additional 20 percent stake in Safaricom today (Friday, July 3), marking the conclusion of one of Kenya’s largest…
A coalition of regional and human rights organizations has asked the Environment and Land Court to order a stop to further development of accommodation facilities in the Maasai Mara National Reserve. The groups argue that luxury camps…
Absa Bank Kenya has appointed Ms. Diana Mwaniki as the acting Chief Finance Officer(CFO). She assumes this role at Absa Bank Kenya after serving as the lender’s Head of Financial Decision Support since joining the institution in September…
The annual inflation rate in Kenya eased to 6.4% in June 2026 from 6.7% in the prior month, which was the steepest since January 2024. This marked the first slowdown in overall inflation since February 2026, amid softer increases in prices…
Insurance executive Tom Mulwa has been appointed chairman of the Nairobi Securities Exchange (NSE), succeeding Kiprono Kittony, who recently took up the same position at Kenya Airways. In a notice to shareholders dated July 2, 2026, the…
The joint receivers of TransCentury Plc are set to raise Sh2.2 billion through the sale of stakes in two subsidiaries as part of efforts to recover nearly half of the Sh4.8 billion the investment firm owes Equity Bank Kenya. TransCentury…
Veteran insurance executive Tom Mulwa has been appointed Chairman of the Nairobi Securities Exchange (NSE) Board, taking over from Kiprono Kittony, who will retire after completing his six-year term in office. Mulwa’s appointment takes…
The East African Community (EAC) has approved a raft of changes to import duty rates under the Common External Tariff (CET), granting Kenya, Tanzania, Uganda, Rwanda and Burundi temporary exemptions and tariff adjustments on selected goods…
Safaricom has explained the circumstances under which it deducts customers’ Bonga Points to recover unpaid Okoa Jahazi debt after a subscriber questioned a recent deduction from his account. The clarification came after sales and marketing…
A Kenyan firm battling financial difficulties has taken a major step in its recovery efforts after reaching agreements to dispose of assets worth about Ksh2.2 Billion as part of an ongoing receivership process aimed at repaying creditors.…
The World Bank Group has added Sh588 billion in securitised future revenues and verified pending bills to Kenya’s public debt, indicating the country’s debt burden is higher than reflected in official government statistics. In its May 2026…
The Nairobi International Financial Centre (NIFC) has certified 15 new firms operating in financial services, fintech, artificial intelligence, healthcare, climate finance and investment management, in a move expected to attract more than…
The Kenya Civil Aviation Authority (KCAA) has extended the validity period of aircraft certificates of airworthiness from one year to two years, citing a shortage of safety inspectors and the growing number of aircraft operating in the…
The Cabinet has directed a major crackdown on payroll fraud across government after an audit flagged suspected irregularities worth Ksh. 6.2 billion in 12 state departments. The decision came during a Cabinet meeting chaired by President…
Co-op Bank is set to launch Visa Accept in Kenya, turning traders’ phones into card terminals. Here is what changes.
The Ministry of Agriculture and Livestock Development in Kenya, has launched a landmark KSh 1.081 trillion Kenya National Agri-food Systems Investment framework that will help guide the country in its agricultural transformation in the…
Kenya is counting on Meetings, Incentives, Conferences and Exhibitions (MICE) tourism to play a central role in closing the 2.3 million visitor gap needed to hit its target of five million international tourist arrivals annually by 2028.…
