Latest business stories from across Kenya.
China aims to raise the share of its electricity generated from non-fossil energy sources to 50% by 2030, according to a newly released national plan outlining the country’s power sector development for the 2026-2030 period. The five-year…
Kenya should set its sights on becoming an upper-middle-income economy within the next 10 years instead of settling for slow progress, President William Ruto has said, arguing that the country has what it takes to achieve rapid economic…
Chase Bank Limited (In Liquidation) has appointed Kamal Anantroy Bhatt of Anant Bhatt LLP as the Receiver and Manager of Five Forty Aviation Limited, the company behind the Fly540 airline brand. In a notice published on August 3, Kamal…
Kenyan insurance technology (insurtech) companies have raised Sh8.5 billion over the past five years, reflecting growing investor confidence in digital insurance solutions, a new report by Pan-African investment firm AfricInvest shows. The…
Airtel Money Kenya has launched Bizna Wallet, a new digital wallet designed to help small and medium-sized enterprises (SMEs) separate their business finances from personal transactions as the country’s informal sector increasingly adopts…
The Kenya Revenue Authority (KRA) has launched a nationwide initiative offering free tax education sessions tailored for women entrepreneurs, chamas, self-help groups, and fellowship networks. Announcing the program through a notice on…
Airtel Money launched Bizna Wallet against Pochi la Biashara. Payments are free to KES 250,000, and Rudishiwa now pays cash.
DP World, the Dubai-based global logistics company, is expanding its investment in Kenya by developing the Mombasa Industrial Park, a Special Economic Zone (SEZ).
The vehicle market has entered a new pricing reality, according to data by Jiji Kenya, which shows that average vehicle listing prices have risen significantly over the past two years from approximately KSh 797,000 in 2024 to KSh 1.37…
Ena Coach has issued a public notice informing customers that its customer service phone lines are currently unavailable due to what it described as unavoidable circumstances. In a statement issued on Monday, August 3, 2026, the popular…
The Kenya shilling strengthened against the US dollar during the week ending July 30 as the dollar retreated in global markets and Kenya’s foreign exchange reserves rose sharply. According to the Central Bank of Kenya (CBK), the shilling…
Kenya’s second largest mobile service operator Artel Kenya plans to introduce its overdraft mobile money service before the end of this year. This will be the first mobile based overdraft solution to rival Safaricom’s lucrative Fuliza…
Airtel Money Kenya has launched Bizna Wallet, targeting small and micro enterprises across the country. The new solution is designed to help entrepreneurs separate business transactions from personal finances while offering tools to…
The African Cashew Alliance (ACA) is intensifying efforts to unlock the full economic potential of the cashew industry by equipping actors with practical skills. The alliance is focusing on new techniques in production, processing, value…
A local company in Mtondia, Kilifi County, is transforming the coconut wine industry from a roadside tipple into a bottled, marketable product, in a move set to create jobs and unlock new income streams for coconut farmers along the Coast.…
Kenya is strengthening its long-term energy planning as the country seeks to meet rising electricity demand while maintaining energy security, affordability, and sustainability. During the discussion with the International Atomic Energy…
The Kenya Revenue Authority (KRA) has announced a scheduled maintenance exercise that will temporarily interrupt access to its iSCAN system for one hour on Tuesday, August 4, 2026. In a public notice, the tax authority said the maintenance…
A Karen property linked to former Cabinet Secretary Raphael Tuju has been listed for public auction, months after the High Court declined to stop its sale unless he deposited Sh50 million as security. According to a notice published by…
Lean Energy Solutions has earned B Corp Certification for its efforts to help industries reduce their carbon emissions by using renewable energy sources. The firm was recognised for its Build-Own-Operate model where it finances, installs,…
Safaricom Ethiopia posted a 66.1 percent increase in revenue during the first quarter of the 2027 financial year, driven by rapid growth in mobile data usage and a rising customer base as the operator edges closer to its target of…
Central Bank of Kenya (CBK) has announced that the country’s foreign exchange reserves have risen to a record high of 15.4 billion U.S. dollars, following a sharp increase in capital inflows from the government’s partial divestiture of its…
Every generation of business has experienced a technology that changed the rules of competition. Electricity transformed factories. The internet changed communication. Smartphones reshaped consumer behaviour. Artificial intelligence is now…
Abu Dhabi-headquartered real estate developer Reportage Group, has unveiled Enzo Residence, a 346-unit apartment complex, on Saturday 1st August 2026 in Riverside, Nairobi. The launch, which is part of the conglomerate’s efforts to deepen…
Japan and the US have confirmed that they jointly intervened last week to halt a slide in the yen after it weakened to a fresh 40-year low. The joint intervention is the first since 2011, when both countries took coordinated action to…
