Latest business stories from across Kenya.
Budget Controller (CoB) Margaret Nyakang’o has warned that the government is still borrowing beyond approved fiscal ceilings, a trend that threatens Kenya’s long-term fiscal sustainability. Speaking on Tuesday, July 28, before the National…
The government’s digital lending platform, the Hustler Fund, has crossed the Sh90 billion disbursement mark across 28 million borrowers, signaling a steady expansion in government-backed credit. During a recent progress update, President…
The Kenya Revenue Authority (KRA) has surpassed its customs revenue target for the 2025/26 financial year, collecting Ksh988.8 billion against a target of Ksh980.794 billion. In an official statement released on Wednesday, July 29, the tax…
In a landmark July 17 ruling, a Kenyan court dealt a major blow to unlicensed digital lenders, holding that entities operating without a Central Bank of Kenya (CBK) license cannot rely on the judicial system to recover debts from…
Kenya Airways (KQ) is preparing for one of the biggest expansions in its history, unveiling a long-term plan that could transform the airline into one of Africa’s largest carriers over the next decade. The national airline wants to grow…
The Kenya Revenue Authority (KRA) has announced that its Customs and Border Control Department collected a record Ksh 988.78 billion during the 2025/26 financial year, surpassing its annual revenue target and marking the fifth consecutive…
Eaagads Limited, a listed coffee firm with its headquarters in Kiambu County, saw its Net Profit surge 132.9% to KSh 27.6 million for the full year period ended 31st March 2026. Eaagads was established in 1946 as a grower of coffee before…
Kenyan households and businesses are increasingly upgrading their WiFi routers as demand for faster internet continues. According to ICT retailer TDK Solutions Limited, many internet users fail to achieve the speeds they pay for because…
The Sosiot Economic Stimulus Programme (ESP) Market that is set to provide modern trading space for 200 traders once complete has reached 89 per cent completion. The flagship National Government project in Belgut Sub-county, Kericho County…
Rwanda has directed businesses and public institutions relying on 2G and 3G to consider upgrading their systems as the country migrates to superior connectivity. The country’s ICT and Information ministry has announced plans to migrate to…
Kenya has secured a major boost to its standing within the African Union (AU) after being elevated to Tier One under the AU financing framework, placing the country among the continent’s largest contributors to the Organization. The…
California-based electric vehicle startup Bingo has officially entered the Kenyan market with the launch of its E2 electric vehicle. The company says it is targeting ride-hailing and last-mile delivery operators with this electric vehicle.…
The Kenya Revenue Authority (KRA) has outlined what happens to a taxpayer’s Personal Identification Number (PIN) after death, including the process for deregistration and estate tax registration. According to KRA, when an estate continues…
Kenya Revenue Authority (KRA) has surpassed its customs revenue target after collecting Ksh 988.78 billion in the financial year ending June 30, 2026. KRA says the collection exceeded its target of Ksh 980.78 by 100.8pc on account of…
Kenya and China have reaffirmed their commitment to strengthening cultural ties and expanding cooperation in the film industry through artificial intelligence (AI), emerging technologies and creative partnerships. The commitment was made…
Safaricom maintained its position as the Nairobi Securities Exchange (NSE )’s most valuable listed company in June 2026, with its market capitalization rising to KSh 1.364 trillion. According to the Capital Markets Authority (CMA)…
The ongoing parliamentary investigation into a controversial shipment of imported raw sugar took a new turn after the Kenya Bureau of Standards (KEBS) defended its role in clearing the consignment, saying all the required quality checks…
Mining, Blue Economy and Maritime Affairs Cabinet Secretary Hassan Ali Joho has suspended Tata Chemicals Magadi’s mining operations after the government found the company had failed to meet several legal and regulatory requirements under…
The Financial Inclusion Fund, popularly known as the Hustler Fund, has disbursed Sh90 billion to 28 million borrowers since its launch, President William Ruto has said. Ruto said the Fund, which provides affordable credit to Kenyans, is…
The Kenya Revenue Authority (KRA) has reported that customs revenue collection surpassed its target in the 2025/26 financial year, recording a performance rate of 100.8 per cent. The taxman collected Sh88.780 billion against a target of…
Carrefour Kenya, operated by Majid Al Futtaim, has partnered with KCB Bank Kenya and Mastercard to introduce the new Carrefour Prepaid card. Designed to cater to families managing shared budgets, individuals supporting households remotely,…
A total of 932 trainees from seven vocational training centres in Kajiado County have graduated under the KCB Foundation’s 2Jiajiri programme, in a move aimed at equipping young people with technical, vocational, and entrepreneurial…
KCB Bank Kenya and Subaru Kenya have joined forces in a partnership designed to grant KCB credit cardholders and banking customers exclusive automotive privileges, upfront discounts, and flexible vehicle financing options. Under the new…
KCB Bank Kenya has secured a US$100 million (Ksh. 12.9 billion) financing facility from the European Bank for Reconstruction and Development (EBRD) to expand credit access for micro, small, and medium enterprises (MSMEs) across the…
