Latest business stories from across Kenya.
Kenyans abroad sent home a total of Ksh48.5 billion ($375.6m) in the month of June this year as diaspora remittances registered a drop for the third consecutive month. Data by the Central Bank of Kenya (CBK) shows that the remittances…
The Central Bank of Kenya (CBK) has joined other African financial regulators and industry players in backing the wider adoption of the Pan-African Payment and Settlement System (PAPSS), a move expected to save African economies more than…
China’s industrial sector maintained stable growth and continued to be a key driver of the economy in the first half of 2026, officials from the Ministry of Industry and Information Technology said at a press conference on Monday. The…
The Retirement Benefits Appeals Tribunal has temporarily suspended a directive issued by the Retirement Benefits Authority (RBA) requiring the trustees of the Standard Chartered Kenya Pension Fund to reassess pension claims filed by…
Kenya has strengthened its position as East Africa’s leading financial hub after three of its banks were ranked among Africa’s 25 strongest lenders by capital in the latest The Banker Top 1,000 World Banks survey. The latest rankings…
The former owner of British Steel has said it will pursue the British government for compensation after the loss-making firm was nationalised. The UK took control of the Scunthorpe steelworks a year ago after China’s Jingye Group said it…
Airtel Kenya has revised its Airtel Money transaction charges, increasing the fees users pay for mobile transfers to other mobile networks and cash withdrawals. Under the new tariff structure, additional charges have been introduced,…
Kenya’s corporate sector has seen rising executive compensation, with Chief Executive Officers (CEO) of major banks and telecommunications companies ranking among the highest-paid professionals in the country. In the the closed 2025/26…
Taifa Gas’ multi-billion-shilling LPG terminal at Dongo Kundu is closer to completion, marking a major step toward improving Kenya’s cooking gas supply and reducing energy costs. The facility is expected to substantially increase the…
Radisson Blu Hotel & Residence, Nairobi Arboretum is a 5‑star hotel-and-residence complex on Arboretum Park Lane, adjacent to the Nairobi Arboretum and close to State House and the UN/embassy belt. This multi-billion-shilling property…
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The Kenya Revenue Authority (KRA) has announced a plan to auction abandoned goods stored at the Kisumu and Isebania customs warehouses. In a Gazette notice dated July 17, KRA explained that the goods will be treated as abandoned unless…
Three popular Nairobi estates, including Kilimani, are set for a major property transformation after the National Environment Management Authority (NEMA) opened a public review process for mega apartment projects. In a publication in the…
Many Kenyan workers have deductions for the National Social Security Fund (NSSF) taken from their pay every month, but rarely take the time to confirm whether the money actually reaches their retirement account. While employers are…
If you create online accounts more often, you might have noticed how much faster everything has gotten. Opening a digital bank account, joining a trading platform, or signing up for an online store used to mean waiting days for identity…
Hello, Janeffer here. Welcome to today’s edition of The Business Roundup. In this edition, we focus on these three top stories: New Tariffs Affecting Every Business in Nairobi JKIA Upgrade Update How KRA Advance Cargo Declaration (ACD)…
Ride-hailing and delivery company Uber is set to acquire Glovo Kenya as part of a global deal to buy Delivery Hero’s food delivery business in about 50 markets across Africa, Asia, the Middle East and Latin America. The transaction, valued…
British oil producer Tullow Oil will receive an additional $9 million (about Ksh1.16 billion) after agreeing to revise the terms of its completed exit from Kenya, trading future royalty and participation rights for an immediate cash…
Online sports betting in Kenya today looks nothing like it did a few years ago. Odds move in real time, apps buzz the second a corner is taken, and tools now shape the app around the leagues you actually follow. Popular and reliable sports…
Kenya’s stock market has been ranked the fourth best-performing in the world in the first half of 2026. Data released by investment platform Hisa shows the Nairobi Securities Exchange (NSE) All Share Index (NASI) outperformed major global…
The High Court in Machakos has ordered Safaricom and Diamond Trust Bank (DTB) to pay a combined Ksh. 4,418,601 to a victim of a coordinated SIM swap fraud. The ruling, delivered by High Court Judge Asenath Ongeri, dismissed appeals from…
In a move to streamline maritime trade and enhance port security, the Kenya Revenue Authority (KRA) has announced the upcoming launch of the Advance Cargo Declaration (ACD) platform. Scheduled to go live on Monday, August 3, 2026, this…
China has hit out at the nationalisation of British Steel, saying it “firmly opposes and is strongly dissatisfied with the British government’s decision”. On Thursday, the UK government said that taking the loss-making firm into public…
China has hit out at the nationalisation of British Steel, saying it “firmly opposes and is strongly dissatisfied with the British government’s decision”. On Thursday, the UK government said that taking the loss-making firm into public…
US fast-food chain Taco Bell is removing lettuce from its menu in some states after investigations found it could be linked to an outbreak of explosive diarrhoea caused by a parasite. The decision was taken “out of an abundance of caution”…
