Latest business stories from across Kenya.
NCBA Group Plc reported a first-half profit of KES 12.4 billion ($95 million), up 12.2% from a year earlier, as East Africa’s largest bank by customer numbers benefited from stronger digital lending, higher customer deposits and continued…
Commercial fish farmers around Lake Victoria have faulted the government for its failure to implement recommendations reached by a task force to resolve a dispute over levies imposed on the industry. The Lake Victoria Aquaculture…
Former CBK Governor Eric Kotut has explained how Kenya liberalized its economy in the 1980s. Speaking in an interview reflecting on his tenure at the Central Bank, Kotut, who served as Kenya’s fourth CBK governor between 1988 and 1993,…
SpaceX has delivered its first-ever quarterly business report, which showed revenue nearly doubled but its spending skyrocketed. The company, run by Elon Musk, builds space rockets and Starlink internet satellites and owns the social media…
Capital DT Sacco Society Limited Chief Executive Officer Stephen Murithi has been charged before a Meru court over the alleged misappropriation of Sh39 million belonging to the savings and credit cooperative. According to the charge sheet,…
SpaceX has delivered its first-ever quarterly business report, which showed revenue nearly doubled but its spending skyrocketed. The company, run by Elon Musk, builds space rockets and Starlink internet satellites and owns the social media…
Fresh governance concerns have emerged at troubled retailer Uchumi Supermarkets after the court-appointed monitor overseeing its Company Voluntary Arrangement (CVA) revealed that the company opened new branches without his knowledge or…
Land prices in Nairobi’s suburbs recorded modest growth in the second quarter of 2026, with Lang’ata and Karen posting the strongest gains as buyers increasingly shifted to areas offering relatively affordable land, according to the latest…
The average price of a car in Kenya has increased by 72 percent over the past two years to Sh1.37 million, highlighting the rising cost of vehicle ownership, according to a new report by online marketplace Jiji. The report shows that the…
Buying a wedding ring feels like it should be simple. Walk in, pick something shiny, walk out. Then you’re standing under a jeweller’s lights facing forty options that all look the same, and suddenly it isn’t simple at all. Here’s how to…
Kenya’s casino scene is increasingly shaped by the smartphone rather than the traditional gaming floor. Mobile connections, faster data networks and familiar digital payment tools have made online slots, crash games and live tables easier…
Google has opened applications for the 2026 edition of its Google for Startups Accelerator South Africa. The three-month hybrid programme aims to help startups improve their products and technical capabilities by providing access to…
Developers are returning to Nairobi after the implementation of the newly approved building approval rules eased planning uncertainties that had slowed investment, according to the latest Hass Land Index report. The report released on…
The American Chamber of Commerce Kenya (AmCham Kenya) is looking to attract additional investment in the region from the US during an upcoming summit scheduled for next month. This follows the success of previous four editions of the…
Maurice Otieno is stepping down as Executive Director of Baraza Media Lab after six years at the helm of the Kenyan media innovation organization. He will be succeeded by Eric Kinaga, a governance and public finance specialist. Otieno…
Helicopter arrivals at public events continue to attract attention in Kenya, with businessman Kenyan Prince (Raymond Omosa) recently making headlines after landing by helicopter for a lavish public apology to his girlfriend, Stephanie…
Businesses that rely on digital payments are set to benefit from lower transaction costs following Safaricom’s decision to revise M-PESA business tariffs. The new charges, which take effect from August 7, 2026, are aimed at making digital…
Hundreds of fisherfolk in Msambweni Constituency are set to benefit from a modern fisheries infrastructure facility handed over by the Kenya Ports Authority (KPA) in a move aimed at transforming the local fishing industry and improving…
Lamu County residents have demanded a legally binding agreement with the Dangote Group before the proposed Ksh 2.2 trillion oil refinery project can proceed. According to Bajuni community, indigenous residents have been sidelined from…
The Kenya National Chamber of Commerce and Industry (KNCCI) expects local fashion industry players to break into the multibillion dollar global fashion industry with strong collaboration with Chinese traders. The 2026 East Africa (Kenya)…
Airtel Money Kenya has entered the mobile business payments space with the launch of Bizna Wallet, a new solution targeting small and micro-enterprises, setting up a direct comparison with Safaricom’s Pochi la Biashara. The launch comes…
Ghana has secured a total of $18.8 million (Ksh 2.4b) from the African Development Bank (AfDB) to boost its local rice production. The grant which will be utilised under the Regional West Africa Resilient Rice Value Chains (REWARD) Project…
Many Kenyans know the feeling of checking their wallet, finding just Ksh 1,000, and realising that amount has to cover food for several days. Whether you are a student, young professional, hustler, or simply trying to cut back on spending,…
A court has temporarily suspended construction of a controversial road passing through Ngong Road Forest, putting one of the government’s key infrastructure projects on hold while judges consider whether the development threatens a…
