Latest business stories from across Kenya.
Kenya’s foreign exchange reserves have risen to a record US$15.4 billion, the highest level in the country’s history, following a sharp increase driven by capital inflows from the government’s partial divestiture of its stake in Safaricom.…
The Employment and Labour Relations Court has ordered a Kenyan company to pay a former employee Ksh1 million after ruling that managers humiliated female workers during a “menstrual verification” exercise that violated their dignity and…
Safaricom users can pay for goods and services using internet data bundles instead of cash or M-Pesa through the Lipa na Data service, provided they are subscribed to eligible data plans. The service allows qualifying customers to use…
Farmers in Kwale County are raising an alarm over potential loss of livelihood and farmlands should the proposed rare-earth mining at Mrima Hill in Kwale County proceed without proper consultation. This follows a preliminary agreement…
Kenya is banking on high-level tourism diplomacy following the visit by a delegation of eight members of the United States Congress currently touring the country. Speaking after hosting the delegation, Cabinet Secretary for Tourism and…
The Energy and Petroleum Regulatory Authority (EPRA) has unveiled draft regulations proposing a new permit regime for upstream petroleum operations, including a schedule of application and approval fees that companies would pay for…
As dawn breaks over Kisumu City, the familiar ringing of bicycle bells echoes through busy streets as hundreds of cyclists begin another day’s work. While motorcycles and vehicles dominate major roads, pedal-powered bicycles continue to…
Every foreign visitor travelling to Kenya will now be required to have health insurance worth at least $50,000 (about Sh6.4million) before being allowed into the country under new regulations aimed at protecting both travellers and the…
Hello and welcome to today’s edition of The Business Roundup with Daisy. This week, the focus is on major developments in Kenya’s corporate and infrastructure landscape, from a high-profile board appointment and an ambitious airline…
Safaricom shareholders approved 14 special resolutions giving Vodacom CEO nomination rights, five board seats, and a deciding vote in deadlocks.
Global payments technology company Visa has appointed former Airtel Money Kenya Managing Director Anne Kinuthia Otieno as its new Vice President and Head of East Africa, effective August 4, 2026. Based in Nairobi, Kinuthia Otieno will…
Kenya’s inflation rose to 6.5 percent in July from 6.4 percent in June as higher electricity tariffs and rising food prices continued to push up the cost of living despite stable fuel prices and lower cooking gas costs. Data released by…
Safaricom shareholders have approved a record Sh80.13 billion dividend for the financial year ended March 2026, marking the largest payout in the company’s history after stronger earnings and improving performance at its Ethiopian…
Kenya Airways (KQ) has appointed governance expert and advocate Catherine Musakali as an independent non-executive director, effective July 29, 2026. In an announcement dated July 29, Kenya Airways stated that Catherine Musakali was…
Safaricom PLC has reduced M-PESA business transaction charges, introducing new tariffs for Pochi la Biashara and Lipa na M-PESA Buy Goods as part of efforts to make digital payments more affordable for businesses. According to Safaricom,…
A modern payments bank is judged by its rails, not branches. We measure SBM Bank Kenya against a five-point checklist.
Housing and Urban Development Principal Secretary Charles Hinga has called on Kenyans to ignore naysayers saying Affordable Housing units are on schedule across the Country. PS Hinga said an estimated 8,807 units are already complete while…
Visa has hired Anne Kinuthia-Otieno as its new Vice President and Head of East Africa, just days after she stepped down as managing director of Airtel Money Kenya. She starts the new role on August 4 and will be based in Nairobi,…
Airtel Networks Kenya Limited has made significant change to its C-Suite and corner offices by picking a new Managing Director, Ashish Malhotra, who joined on July 1, 2022 to replace long-serving MD Prasanta Das Sarma as the mobile phone…
CBK (Central Bank of Kenya) has launched one of its largest Treasury Bonds offer ye, seeking KSh 150 billion through sale of three tax free infrastructure bonds, cash that is needed to fund several infrastructure projects listed in the…
Safaricom has unveiled PATA MORE, a new customer value campaign designed to offer more data, enhanced M-PESA benefits, improved digital experiences and greater support for individuals, businesses and enterprises. The campaign is anchored…
Kenyan households continued to feel the pressure of a rising cost of living in July after annual inflation edged up to 6.5 per cent from 6.4 per cent recorded in June, driven mainly by higher electricity tariffs and increased food prices.…
The Kenya Private Sector Alliance (KEPSA) and the Kenya Revenue Authority (KRA) have agreed to strengthen collaboration aimed at improving tax administration, enhancing business competitiveness and creating a more predictable tax regime…
Kenya and China have stepped up efforts to strengthen bilateral trade and investment following the rollout of Renminbi (RMB) payment services through the China Cross-Border Interbank Payment System (CIPS), a move expected to make…
