Co-operative Bank Named Best Retail, Digital Bank at Euromoney Awards
The Co-operative Bank of Kenya (Co-op Bank) has been named Kenya’s Best Retail Bank and Kenya’s Best Digital Bank at the 2026 Euromoney Awards for Excellence.
2 min read
Business
Latest business stories from across Kenya.
BasiGo to open EV charging stations in Meru, Nanyuki and Nyeri
Electric bus manufacturer BasiGo will open three new electric vehicle (EV) charging stations in Meru, Nanyuki and Nyeri this month as it expands charging infrastructure beyond Nairobi to support the growing adoption of electric mobility…
2 min read
Street Vendors Bill Explained and What It Could Change for Hawkers in Kenya
Street vendors are a familiar part of daily life in Kenya. They sell fresh produce, clothes, household items, electronics, snacks and many other products from roadsides, pavements and open spaces. For thousands of families, hawking is not…
3 min read
Govt Introduces New Mandatory Requirements for Mobile Phone Importers and Distributors in Kenya
The Communications Authority of Kenya (CA) has introduced new mandatory requirements for businesses importing and distributing mobile phones and other communications equipment in Kenya following changes to the country’s telecommunications…
3 min read
Trump slaps 50% tariffs on Canada and Carney vows to ‘intensify’ trade talks
US President Donald Trump has imposed a 50% tariff on a wide range of goods imported from Canada, in retaliation for what he called “unequal treatment” of US cars, dairy and alcohol. Everyday consumer items like wine and hockey sticks and…
4 min read
Govt Invites Firms to Apply for World Bank-Funded Business Support
The government has invited businesses, cooperatives and associations to apply for support under a World Bank-funded project aimed at boosting private sector investment and creating jobs. In a notice issued on Tuesday, July 21, 2026, the…
1 min read
Vertiv Modernises NFrance Data Centre Cooling, Reducing Power Consumption by 20%
Vertiv has announced the successful modernisation of the cooling infrastructure at NFrance’s sovereign data centre. NFrance is a leading French provider of cloud hosting, colocation, and managed services. The project delivered an…
2 min read
Equity Life retirement schemes grow assets to over Sh900 million
Two retirement schemes managed by Equity Life Assurance have grown their combined assets to more than Sh900 million, reflecting increasing interest among Kenyans in saving for retirement. The company’s Individual Savings and Retirement…
1 min read
Audit Reveals Boma Yangu Refunds Rose 3.5 Times Since Ruto Took Office
Nearly half of the Sh5.47 billion raised through the Boma Yangu savings platform has been refunded to contributors after more Kenyans opted to withdraw their money. The rise in refunds has been driven in part by growing numbers of…
3 min read
Civil Servants Threaten Historic Nationwide Strike Over New SRC Salary Review
The Union of Kenya Civil Servants (UKCS) has rejected the government’s latest salary review and the Salaries and Remuneration Commission (SRC) circular that approved new remuneration and benefits for civil servants. The union says the move…
2 min read
Parking Fees in Nairobi Could Change as County Adopts New Pricing Policy
Nairobi motorists should expect changes to parking charges in the near future after the county government adopted a new Tariffs and Pricing Policy designed to set fees closer to the actual cost of providing parking services. The Nairobi…
2 min read
Safaricom CFO Esther Waititu to Exit Company at End of July
Safaricom has announced that its Chief Financial Services Officer, Esther Waititu, will leave the company on 31 July 2026 to pursue other opportunities, ending a three-year stint during which she oversaw the rapid evolution of M-PESA into…
1 min read
Dollar Check: Kenya Shilling Holds Steady Against Dollar as Forex Reserves Rise
The Kenya shilling remained stable against the US dollar at the start of the trading week, exchanging at Ksh129.27 on Monday, July 20, as the country’s foreign exchange reserves continued to strengthen amid rising diaspora remittances.…
3 min read
Safaricom Hit by Another Executive Resignation in Quick Succession
Safaricom Plc Chief Financial Services Officer Esther Masese Waititu resigned from the telecommunications company, with her departure taking effect on 31 July 2026. Safaricom’s CEO, Peter Ndegwa, informed staff in a memo that Waititu was…
3 min read
Safaricom CFO for Financial Services Esther Waititu to Exit as M-Pesa Leadership Undergoes Major Transition
Safaricom’s Chief Financial Services Officer, Esther Waititu, will leave the company at the end of July, marking another high-profile leadership change within the telecommunications giant’s financial services business. In an internal…
2 min read
Esther Waititu to Exit Safaricom as Chief Financial Services Officer in July
Esther Waititu is stepping down as Safaricom‘s Chief Financial Services Officer, with her last day set for July 31, 2026. She joined the company in 2023 after spending more than a decade in banking, including senior roles at KCB Group and…
2 min read
How Visa turned the World Cup Final into an unforgettable celebration of football and culture in Nairobi
The air at Nairobi Street Kitchen was electric last night as fans, banking partners, and fintech leaders gathered for the climax of the FIFA World Cup 2026. The vibrant Westlands venue buzzed with the kind of anticipation only a World Cup…
2 min read
Another Safaricom Exec Exits: Esther Waititu Resigns as M-PESA Chief
Safaricom’s financial services chief Esther Waititu has resigned, leaving on 31 July, the same day Vodacom formalises its control.
4 min read
Kenya Re Plans Expansion Into Tanzania and Rwanda
Kenya Reinsurance Corporation (Kenya Re) is set to expand its regional footprint by opening new offices in Tanzania and Rwanda as it strengthens its presence across East Africa. The state-owned reinsurer has invited bids for the leasing of…
1 min read
Cassava Technologies Expands Africa’s Cloud Resilience with Microsoft Azure ExpressRoute Metro
Cassava Technologies has strengthened Africa’s cloud infrastructure after its subsidiary, Africa Data Centres (ADC), was designated a Microsoft Azure ExpressRoute Metro peering location in Johannesburg, making it the first such location on…
1 min read
Three EAC countries secure $13M funding to contain Ebola outbreak
Three members of the East African Community (EAC) trade bloc have secured $13 million (Ksh1.7B) from the African Development Bank (AfDB) to help in the fight to contain the spread of Ebola virus disease. The grant by the bank will enhance…
1 min read
Nairobi County Eyes Major Hike in Daily Parking Fees
Nairobi County has proposed increasing daily parking charges from the current Ksh 300 to Ksh 535 under a new pricing policy that could see motorists pay significantly more to park their vehicles in the city. The proposal is contained in…
2 min read
GTBank Kenya Announces Abrupt Exit of MD
Guaranty Trust Bank (GTBank Kenya) Limited has announced the departure of its Managing Director, Jubril Adeniji, following the expiry of his tenure and his recall to the bank’s parent institution, Guaranty Trust Bank Limited in Nigeria. In…
3 min read
Dock workers welcome bonus after KPA record performance
The Port of Mombasa’s improved efficiency in cargo handling and record-breaking operational performance has earned Kenya Ports Authority (KPA) employees a government bonus after the authority surpassed its performance targets. The…
2 min read