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Latest business stories from across Kenya.

BAT Kenya Profit Rises to Ksh4.4B as Export Sales Boost Earnings
Business Today KenyaBusiness

BAT Kenya Profit Rises to Ksh4.4B as Export Sales Boost Earnings

British American Tobacco (BAT) Kenya has reported a slight increase in profit for the first half of 2026, helped by stronger export sales and growing demand for its newer nicotine products, even as cigarette sales in the local market…

3 min read
Kagwe defends tea levy as uptake hits 93pc
Kenya Broadcasting CorporationBusiness

Kagwe defends tea levy as uptake hits 93pc

Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has dismissed claims that the Tea Levy is hurting Kenya’s tea industry. Kagwe revealed that tea uptake has surged to 93pc, its highest level in years insisting that the…

2 min read
How AI Is Transforming Sports Fan Experience 2026
The Kenya TimesBusiness

How AI Is Transforming Sports Fan Experience 2026

Watching sport has always been about more than the final score. Artificial intelligence (AI) has entered that experience and is changing what fans see, how they see it, and how they interact with sport when a game is not being played. The…

4 min read
CAK seeks wider powers to regulate digital markets and virtual assets
KahawaTunguBusiness

CAK seeks wider powers to regulate digital markets and virtual assets

The Competition Authority of Kenya (CAK) is seeking expanded powers to regulate competition in digital markets and virtual assets under the proposed Competition (Amendment) Bill, 2026. The proposed changes are aimed at strengthening the…

2 min read
Kiambu County internal revenue hits record Ksh 6.5B
Kenya Broadcasting CorporationBusiness

Kiambu County internal revenue hits record Ksh 6.5B

The Kiambu County Government has recorded its highest-ever own source revenue collection, raising Ksh 6.5 billion in the 2025/2026 financial year, the highest amount since the advent of devolution in 2013. Speaking during the announcement…

1 min read
Kenya advances regional integration agenda to unlock trade, investment
Kenya Broadcasting CorporationBusiness

Kenya advances regional integration agenda to unlock trade, investment

Regional integration remains a strategic pillar of Kenya’s foreign policy and economic transformation agenda, with the potential to expand markets, stimulate investment, strengthen regional value chains and create sustainable opportunities…

2 min read
SBM Bank Kenya posts Ksh. 202.04 Million net profit in H1 2026
HapaKenyaBusiness

SBM Bank Kenya posts Ksh. 202.04 Million net profit in H1 2026

SBM Bank Kenya has announced that it has reported a net profit after tax of Ksh 202.04 million for the six-month period ended June 30, 2026. This is a reduction from the Ksh. 350.5 million that the bank posted in the same period in 2025.…

2 min read
SBM Bank Kenya Half-Year Net Profit Ups 88.2% to KSh 380.2Million
Business Today KenyaBusiness

SBM Bank Kenya Half-Year Net Profit Ups 88.2% to KSh 380.2Million

SBM Bank Kenya, a fast growing tier 2 lender with its Headquarters in Mauritius, has posted a net profit of KSh 380.17million for the six months’ period ended June 30th 2026, becoming the first bank off the starting blocks as the H1 2026…

3 min read
What the Uber acquisition of Glovo means for Kenyan customers
HapaKenyaBusiness

What the Uber acquisition of Glovo means for Kenyan customers

Uber Technologies has agreed to acquire Berlin-based delivery giant Delivery Hero SE in a blockbuster deal valued at €13.0 billion (approximately $14.8 billion or a staggering Ksh. 1.9 trillion). While Delivery Hero itself may not be a…

2 min read
Michael Mutiga to take over as Stanbic Bank Kenya CEO on August 1
HapaKenyaBusiness

Michael Mutiga to take over as Stanbic Bank Kenya CEO on August 1

Stanbic Bank Kenya Limited has announced the appointment of Michael Mutiga as its new Chief Executive, effective August 1, 2026. The appointment is currently subject to the requisite regulatory approvals. Mutiga will succeed Abraham…

1 min read
Treasury Lowers 2026 Economic Growth Projection from 5.3% to 5%
KahawaTunguBusiness

Treasury Lowers 2026 Economic Growth Projection from 5.3% to 5%

The National Treasury has projected that Kenya’s economy will grow by 5 percent in 2026 despite ongoing global economic uncertainty, supported by lower inflation, continued economic reforms and increased private sector investment. Treasury…

1 min read
Firm hacked by rogue OpenAI models says it is ‘a wake up call’
Kenya Broadcasting CorporationBusiness

Firm hacked by rogue OpenAI models says it is ‘a wake up call’

The co-founder of Hugging Face, a technology start-up that was hacked after some of OpenAI’s most advanced artificial intelligence (AI) models went rogue, said on Thursday that the incident is “a wake up call” for the industry. Thomas Wolf…

2 min read
Mutua Orders Nationwide Crackdown on Employers Defying Minimum Wage
Nairobi WireBusiness

Mutua Orders Nationwide Crackdown on Employers Defying Minimum Wage

Labour Cabinet Secretary Alfred Mutua has announced that the government will step up inspections across the country to ensure employers pay workers according to the gazetted minimum wage. Speaking in the Senate on July 22, Mutua said labor…

2 min read