Latest business stories from across Kenya.
ICEA Lion Group has announced changes to the boards of its insurance businesses with the appointment of four new independent non-executive directors and the retirement of long-serving director David Hutchison. The appointments, which took…
Kenya’s wealthiest citizens show little interest in pursuing foreign passports or residency options, according to Knight Frank’s Wealth & Investment Trends 2026 report. Even as global mobility programmes gain traction, High-Net-Worth…
The National Treasury has unveiled plans to issue a new dollar-denominated bond as part of a fresh strategy to buy back some of Kenya’s existing external debt and ease pressure from upcoming loan repayments. The proposal, contained in the…
A new liquefied petroleum gas (LPG) storage project planned for Mombasa is expected to boost government revenue while strengthening Kenya’s push towards cleaner cooking energy. The project will see Asharami Synergy Limited develop a modern…
The government is planning to roll out a Ksh 465 billion National Feed Strategy aimed at reducing the high cost of animal feed. The strategy is also baked to help in the lowering livestock production expenses and boosting Kenya’s food…
The Government has unveiled three policy frameworks aimed at addressing youth unemployment and bridging the skills gap as part of efforts to prepare Kenyans for an evolving labour market. Labour and Social Protection Cabinet Secretary Dr.…
Seven insurance companies have come under scrutiny from the Insurance Regulatory Authority (IRA) after failing to submit mandatory quarterly returns, limiting the regulator’s ability to assess their financial performance and compliance…
The government is set to earn Sh22.5 million every month after leasing land owned by Kenya Petroleum Refineries Limited (KPRL) to Asharami Synergy Limited for the construction of a new liquefied petroleum gas (LPG) storage facility in…
The Motorists Association of Kenya (MAK) has called for a review of the country’s fuel pricing framework, arguing that the current system has failed to reflect changes in global crude oil prices. The call comes after the Energy and…
Kenya’s next national budget cycle will officially begin on Wednesday, July 22, 2026, when the National Treasury launches the preparation process for the Financial Year 2027/28 and the Medium-Term Budget. The launch, which will take place…
Equity Bank Kenya has appointed Nairobi Securities Exchange (NSE) Board Member Carole Kariuki to its board. In a statement on July 15, the NSE described Kariuki as a leader whose strategic insight and commitment to advancing Kenya’s…
The East African Portland Cement PLC (EAPC) has announced that it will offer unclaimed plots in Mavoko for sale to the public after the conclusion of its ongoing land regularization exercise. In a notice issued on July 15, the company said…
The number of high-net-worth individuals (HNWIs) in Kenya grew significantly in 2026, with wealth managers reporting stronger growth in wealthy clients compared to the previous year, according to the latest Knight Frank Wealth & Investment…
Investors are increasingly choosing to renovate older commercial buildings instead of buying new developments, as demand rises for energy-efficient and environmentally sustainable office space. According to the Knight Frank Kenya Wealth &…
China’s economic growth slowed sharply between the start of April and end of June as weak domestic demand and the Iran war’s impact on oil prices overshadowed the country’s strong exports. Official gross domestic product (GDP) figures…
Beach Management Unit (BMU) leaders in Mombasa have received fresh training aimed at strengthening fisheries governance and promoting sustainable management of marine resources as part of efforts to advance Kenya’s Blue Economy. The…
The Kenya Revenue Authority (KRA) has announced the rollout of an Advance Cargo Declaration (ACD) platform for all containerized cargo destined for Kenyan ports, with implementation set to begin on August 3, 2026. In a notice on July 14,…
The Kenya Bankers Association (KBA) has urged Kenya to overhaul its lending model to improve access to credit for ordinary people. Speaking at the East Africa Banking School Conference (EABSC) 2026 on Tuesday, July 14, KBA Chairman Paul…
The National Transport and Safety Authority (NTSA) says motorists who have not yet collected their logbooks should visit any Huduma Centre or official NTSA offices to pick up their documents. NTSA also directed Kenyans who want to check…
The Central Bank of Kenya (CBK) has approved licences for 25 Digital Credit Providers (DCPs), bringing the total number of verified DCPs in the country to 256 as of July 2026. In a statement issued on Tuesday, the CBK said it has received…
The government has extended the reduced 8% Value Added Tax (VAT) on petroleum products for another three months, taking it through October 14, 2026. It has also approved a Ksh.945 million subsidy for the July–August fuel pricing cycle to…
There will be no changes at the fuel pump this month after the Energy and Petroleum Regulatory Authority (EPRA) retained the current prices of Super Petrol, Diesel and Kerosene for the next 30 days. The regulator announced on Tuesday, July…
The United Kingdom and South Africa have emerged as the most preferred alternatives for wealthy Kenyans seeking to purchase new residential property Despite domestic property market being the most preferred by High Net Worth Individuals…
Bernard Beya has been named Chief Executive Officer of Liquid Intelligent Technologies‘ Democratic Republic of Congo business, taking over the role permanently from April 1, 2026. Beya is not new to the company. He joined Liquid in…
