Latest business stories from across Kenya.
Profitable businesses in the agriculture, transport, tourism, ICT, and service sectors are projected to have more opportunities for growth in 2023. This is according to the latest report by the Central Bank of Kenya (CBK) titled CEO’s…
The Communications Authority of Kenya (CA) has unveiled a revised postal and courier market structure that introduces new licensing categories and updates regulations governing courier companies, digital delivery platforms and postal…
Hello, Janeffer here. Welcome to today’s edition of The Business Roundup. In this edition, we focus on these three top stories: New NSE Chairman After Kittony Exit Why Kenyans Are Yet to Benefit From Falling Global Oil Prices- EPRA New…
Safaricom has issued a clarification on whether a Fuliza user can request a reduction in their limit. The clarification came after questions arose from customers seeking to understand whether the Fuliza overdraft limit can be adjusted…
South Sudan has warned oil marketing companies against importing fuel outside its Government-to-Government (G-to-G) arrangement with Kenya, saying any unauthorised shipments risk being seized and could lead to the revocation of operating…
Treasury Cabinet Secretary (CS) John Mbadi has defended the government’s decision to reduce its stake in Safaricom after cutting its shareholding from 35 percent to 20 percent. Addressing the press on July 4, Mbadi said the government had…
Saudi Arabia’s Mabani Aljazeera Holding Group has acquired a 50 per cent minus one share stake in Tatu City’s flagship Jabali Towers development. This marks one of the latest major foreign direct investments (FDI) into Kenya’s real estate…
The Supreme Court has temporarily stopped the transfer of several high-value properties linked to Cytonn Investments, granting the firm a legal reprieve as it challenges earlier court orders arising from its insolvency dispute. In a ruling…
Kenya’s foreign exchange reserves remained strong at USD 14.047 billion as of July 2, providing six months of import cover and remaining well above the Central Bank of Kenya’s (CBK) statutory minimum requirement. In its latest Weekly…
Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one of the most significant constraints facing distributors and retailers. The initiative is…
Jubilee Health Insurance is expanding an instalment-based premium payment model in Nairobi as part of a broader effort to make health insurance more accessible to uninsured and underinsured Kenyans. The move is informed by customer…
Years of financial strain have pushed Moi University back to one of its toughest cost-cutting measures, with the institution preparing to reduce its workforce as it fights to keep its finances under control. University management says the…
Moi University has revived plans to reduce its workforce after a court allowed the institution to restart a redundancy exercise aimed at cutting its rising wage bill and improving its financial position. Appearing before a National…
Google has launched its first Google Play Indie Games Fund for Africa, opening applications for independent game developers in Kenya to receive grants ranging from US$50,000 to US$200,000 (about KSh6.5 million to KSh25.8 million). The…
ESCP defines corporate governance as ‘’ the framework of rules, practices, and processes (and checks and balances) by which a company is directed and controlled’’. The quality of leadership by strong boards of directors and a strong bench…
Vivo Energy, the leading African energy distribution company – which now operates around 4,200 service stations across 29 markets – has completed the acquisition of TotalEnergies Marketing Jordan, including its network of around 180…
Kenyans are likely to pay more for goods and services after businesses increased their selling charges at the fastest rate ever recorded in June. According to latest Stanbic Bank Kenya Purchasing Managers’ Index (PMI), the move is driven…
Safaricom Plc sparked widespread reactions on Thursday night after hinting that it could increase Fuliza limits for millions of its customers. A post on July 2 from Safaricom read, “Tupandishe Fuliza Limit?” The post has attracted…
Following a major leadership realignment at the top tier of its management, Absa Bank Kenya PLC has announced the appointment of Diana Mwaniki as the acting Chief Financial Officer (CFO), effective July 1, 2026, pending regulatory…
Industrial flour mills are busy places filled with heavy machinery, fast-moving parts, and a lot of grain. In the past, milling could be a noisy and dusty job. Today, modern Kenyan mills use smart automation and a clever design feature to…
Global beverage giant Diageo has officially appointed John Musunga as its new Managing Director for Africa, effective July 1, 2026. As part of the appointment, Musunga is relocating from London to Nairobi. Musunga brings a wealth of…
Modern milling factories use automated machines, enclosed systems, and strict triple-lab testing to ensure the flour you buy is clean, healthy, and full of vitamins. But once you pick up a packet of maize or wheat flour from the shop…
Pan-African fuel distributor Vivo Energy has expanded into the Middle East after completing the acquisition of TotalEnergies Marketing Jordan, marking its first operation outside Africa. The company announced that the transaction, which…
In a country where universities have traditionally been judged by the number of graduates they produce, a new proposition is emerging that seeks to redefine what a university should do for an economy, a society, and a generation of young…
