Latest business stories from across Kenya.
Investors are turning their attention to refurbishing older commercial buildings as environmental, social and governance considerations drive investment decisions in Kenya’s commercial property market.
Kenya Bankers Association (KBA) Chairman Paul Russo has called on lenders to rethink how they assess borrowers, saying the continued reliance on collateral is denying millions of small businesses access to formal credit. Speaking at the…
The government has issued a three month extension on 8pc Value Added Tax on petrol and diesel until October 14, 2026 ahead of fuel price review expected later on Tuesday. In a statement, Energy and Petroleum Cabinet Secretary Opiyo Wandayi…
The report shows that affluent investors are reducing the proportion of wealth allocated to primary and secondary homes in favour of assets that offer stronger income generation, liquidity and long term resilience.
Kenya has emerged as a leading destination for high-net-worth Kenyan investors planning to purchase residential property among high-net-worth individuals (HNWI). According to the Knight Frank Wealth & Investment Trends 2026 report, Kenyan…
The Central Bank of Kenya (CBK) has announced the licensing of new 25 Digital Credit Providers (DCPs). This brings the number of licensed DCPs to 252 following the licensing of 32 DCPs announced in April 2026. CBK says it has received more…
Wealthy Kenyans are increasingly investing beyond traditional residential property, with data centres, rental housing, hotels, farmland and logistics attracting the most interest, according to the Knight Frank Kenya Wealth & Investment…
As mobile money continues to power everyday transactions across Kenya, fraudsters are constantly devising new ways to trick unsuspecting customers into losing money. Safaricom is urging M-PESA users to remain vigilant by understanding the…
A Singapore court has ordered Bloomberg and one of its reporters to pay S$460,000 ($356,000; £266,000) to two ministers who had sued them for defamation over an article referencing their property transactions. Last year, the ministers, K…
The Central Bank of Kenya (CBK) has licensed 25 additional digital credit providers giving them clearance to offer digital loans to consumers in Kenya. According to the regulator, this now brings total number of licensed digital credit…
Safaricom has introduced Shiriki Pay, a new M-PESA feature designed to make it easier for families, businesses and groups to manage shared expenses without the need to transfer money or share sensitive account details. Available through…
The Central Bank of Kenya (CBK) has reopened the sale of two fixed-coupon Treasury bonds to raise KSh40 billion to support the government’s budget. In a prospectus released on Tuesday, July 14, the CBK invited investors to bid for the…
The National Construction Authority (NCA) has issued a fresh notice to contractors, reminding them to renew their practising licences for the 2026/2027 financial year and comply with mandatory professional training requirements. In a…
The Kenya Revenue Authority (KRA) has announced that the market interest rate applicable under Section 12B of the Income Tax Act has been set at 8 percent for the three-month period covering July, August and September 2026. In a notice,…
The Kenya Copyright Board (KECOBO) has suspended the operating licence of KAMP Copyright and Related Rights Limited (KAMP) for 90 days, effective July 1, 2026. In a notice, KECOBO Board Chairperson Joshua Kutuny said the decision was…
Kenya’s plans to secure a Ksh78 billion emergency loan from the World Bank have hit a snag after the lender requested additional information before approving the funding. The government had applied for the financing under the World Bank’s…
The National Treasury has announced that it will officially launch the 2027/28 Financial Year and Medium-Term Budget preparation process on July 22, 2026, marking the start of the country’s budget planning cycle. In a statement, National…
The Performing and Audio-Visual Rights Society of Kenya (PAVRISK) has been authorised to collect royalties on behalf of music rights holders following the three-month suspension of the Copyright and Related Rights Limited (KAMP) by the…
A lawsuit has been filed by 12 states, led by California, where Paramount and Warner Bros keep their headquarters and production studios. California Attorney General Rob Bonta claimed the merger would end up harming “audiences on every…
Kenya is among the first countries in Africa where short video platform, TikTok has unveiled an in-app Artificial Intelligence (AI) literacy hub as it seeks to eliminate AI-generated spam on the platform. TikTok says the AI literacy hub…
Parliament has moved to reassure millions of Savings and Credit Cooperative Organization (SACCO) members that their savings remain safe, rejecting claims circulating on social media that the government plans to access more than Sh1…
President William Ruto has assured the Maa community that the government remains committed to the full transfer of Amboseli National Park to Kajiado County, temporarily easing a standoff that has intensified since July 1, when the county…
Kenya is considering buying back up to $500 million (KSh64.5 billion) of its outstanding eurobonds in the 2026/27 financial year as part of a broader strategy to reduce debt repayment pressure and extend the maturity of its external loans.…
The Kenya shilling strengthened slightly against the US dollar at the start of the week, trading at 129.19 on Monday, July 13, from 129.22 recorded at the close of last week, extending a period of relative stability in the foreign exchange…
