Latest business stories from across Kenya.
Standard Chartered Bank Kenya has mobilised more than Sh97 billion in sustainable finance since 2021, supporting renewable energy, affordable housing, sustainable infrastructure and women-led businesses as demand for climate-focused…
The Nairobi Revenue Authority (NRA) has launched an enforcement drive targeting property owners who have fallen behind on land rates for more than three years. The authority warned that persistent defaulters could face property attachment…
Standard Chartered has posted a record first-half operating income of Ksh 1.5 trillion and a profit before tax of Ksh 620 billion, prompting the lender to upgrade its income guidance and announce a Ksh 129 billion share buyback programme.…
Ride-hailing platform Bolt has integrated its services with ChatGPT, enabling users across Africa and other markets where it operates to plan and book rides directly through the AI-powered assistant. The global rollout, announced on…
The Kenya Power and Lighting Company PLC (KPLC) is the national utility responsible for transmitting, distributing, and retailing electricity. Established in 1922, the company is publicly listed on the Nairobi Securities Exchange (NSE).…
Absa Bank Kenya’s latest sustainability numbers signal a permanent shift away from that era: climate action has officially become hard financial risk management. In 2025, the bank disbursed Ksh. 6.5 billion in climate finance, backing…
Kenya Power has restored its prepaid electricity payment platforms following hours of system downtime that disrupted token purchases and electricity bill payments across the country. The utility had earlier confirmed a system outage after…
Visa has appointed Anne Kinuthia-Otieno as its new Vice President and Head of East Africa, effective August 4, 2026. The move comes shortly after her recent exit as Managing Director of Airtel Money Kenya, where she announced her departure…
CIC Insurance Group has officially launched CIC Impact, a microinsurance subsidiary designed to deliver affordable, accessible financial safety nets to low- and middle-income earners, small businesses, farmers, and cooperatives. It is…
The integration of PesaLink (operated by Integrated Payment Services Limited – IPSL under the Kenya Bankers Association) with the Pan-African Payment and Settlement System (PAPSS) changes that equation by connecting Kenya’s national…
Standard Chartered Bank Kenya (SCBK) launched its Sustainability Progress Report 2025 (4th Edition), presenting evidence that Environmental, Social, and Governance (ESG) criteria are directly accelerating institutional balance-sheet…
Investors at the Bura Irrigation Scheme in Tana River County expect to increase their workforce after securing contracts for large scale commercial farming of sugarcane and rice. Sukari Industries Limited which has secured the lease for…
Kenya Power has confirmed a system outage that has disrupted prepaid token purchases and electricity bill payments across its platforms. The utility issued the statement on Thursday following complaints from customers who reported being…
The Ethics and Anti-Corruption Commission (EACC) has arrested seven current and former senior officials of the Nakuru County Government alongside a contractor over an alleged conflict of interest and procurement fraud involving county…
For more than 200 years, De La Rue has been at the forefront of the global security printing industry, producing banknotes, passports, stamps and other secure documents for governments and central banks around the world. From its humble…
ILAM Fahari I-REIT, a real estate investment trust in Kenya, saw its Net profit rose 31.6% to KSh 84.7million from KSh 64.3million, lifting earnings per unit from KSh 0.36 to KSh 0.47, with the entire improvement coming from operations as…
Kenya Airways (KQ) has unveiled an ambitious expansion strategy that will see the national carrier triple its fleet from the current 32 aircraft to 100 over the next 10 years as it positions itself for higher passenger demand and a wider…
China firmly opposes the US decision to place foreign-produced advanced robotic devices and power inverters on the Federal Communications Commission’s (FCC) Covered List, the Ministry of Commerce said on Thursday. The FCC announced on…
KCB Bank Kenya has secured Sh12.9 billion in funding from the European Bank for Reconstruction and Development (EBRD) to expand financing for micro, small and medium enterprises (MSMEs), with a strong focus on women, youth-led businesses…
The Kenya Veterinary Association (KVA) anticipates increase knowledge exchange and enhance technical collaborations that will help the country improve public health during the upcoming agrifood expo. KVA Honorary Secretary Dr Carol Khaemba…
Kenya’s economy is projected to grow by 4.6 percent in 2026 before improving slightly to 4.7 percent in 2027, according to a new report released by the African Development Bank (AfDB) on Tuesday. In its Country Focus Report (CFR) 2026, the…
Kenya Airways (KQ) plans to more than double its aircraft fleet to 67 by 2030 from the current 32 as part of an ambitious expansion strategy aimed at meeting growing passenger demand and strengthening its regional and international…
Kaspersky Global Research and Analysis Team (GReAT) has discovered a previously undocumented malware set used by Mirage Kitten APT. The findings were revealed at its annual Kaspersky Cyber Security Weekend for the Middle East, Turkiye and…
Kenya Power has restored all its prepaid payment platforms, allowing customers to resume purchasing electricity tokens after a system interruption disrupted services earlier on Thursday. In a customer update issued at 3:35 p.m. on July 30,…
