Latest business stories from across Kenya.
Airtel Money Kenya has unveiled Bizna Wallet, a dedicated business wallet designed to help Kenya’s small businesses better manage their finances through a simple, secure and efficient digital solution. This is as competition for data…
MOGO Auto Limited has invited members of the public to bid for dozens of repossessed motorcycles, tuk-tuks and a few motor vehicles through a nationwide public auction. In a notice on August 7, the company said the sale will be conducted…
Stanbic Holdings has reported a net profit of Sh6.6 billion for the six months ended June 30, supported by strong growth in lending, customer deposits and a disciplined risk management strategy despite what it described as a dynamic…
The Central Bank of Kenya (CBK), acting as the fiscal agent for the Republic of Kenya, has issued a prospectus inviting bids for three re-opened Infrastructure Treasury Bonds (IFB) aimed at raising a combined target of KES 150 billion. The…
The Kenya Bankers Association (KBA) has urged the Central Bank of Kenya (CBK) to retain the Central Bank Rate (CBR) at 8.75 percent when the Monetary Policy Committee (MPC) meets on Tuesday, August 11. In its latest research note, KBA…
Online vehicle marketplace Peach Cars has secured Sh517.6 million in debt financing from two Japanese financial institutions to support the expansion of its operations in Kenya. The funding was provided by the Japan Finance Corporation…
US President Donald Trump signed an executive order on Thursday that imposes a 15% tariff on imported products made from polysilicon, a crucial material used in semiconductors and solar panels. The order also set minimum import prices on…
Eastern Africa region is projected to realize increaed uptake of hospital equipment backed by timely procurement decisions. Organisers of the World Health Expo (WHX) in Nairobi slated for next month say reforms such as the establishment of…
The Nairobi Securities Exchange (NSE) has changed the company responsible for managing its shareholder records, appointing Image Registrars Limited as its new share registrar in a move aimed at improving services for investors and…
Nikita Bier is done running product at X (Twitter). After a little over a year in the job, the serial founder and Lightspeed venture partner announced this week that he is stepping back to become, in his words, an ordinary poster again. He…
Stanbic Holdings Plc has reported a resilient financial performance for the first half of 2026, posting a profit after tax of Sh6.6 billion, underpinned by strong balance sheet growth, disciplined risk management, and increased lending to…
A youth-run car wash business in Jomvu, Mombasa County, is set to expand its operations following the donation of a water storage tank, easing persistent water shortages that had threatened to cripple the venture. The tank was handed over…
The United Nations Environment Programme (UNEP) has committed USD190,000 (approximately Sh24.6 million) to the Northern Corridor Transit and Transport Coordination Authority (NCTTCA). The money is meant to finance critical studies aimed at…
Every Saturday at dawn, while most of Kisumu is still asleep, a different kind of activity begins on the waters of Lake Victoria. Instead of casting fishing nets, a group of young men and women steers small boats across the lake,…
Kenya Airways (KQ) has laid out a renewed roadmap to strengthen its business, grow revenue and eventually operate without relying on government financial support, as the airline seeks to build on its recent return to profitability. The…
Northern Corridor Transit and Transport Coordination Authority (NCTTCA) has secured Ksh 26 million ($200,000) to support green energy transition within the route. NCTTCA Secretary General Dr John Deng said the seed funding from the United…
The Nairobi Coffee Exchange (NCE) this week recorded strong trading activity after 18,089 bags of coffee weighing 1.115 million kilogrammes (1,115 tons) was sold for Sh994 million during Sale 34, reflecting sustained demand for Kenyan…
The government is targeting to connect at least 25,000 households in Siaya County to the national grid with Ksh 2.2 billion invest from the exchequer. The power connection will be undertaken under the Last Mile Connectivity Project which…
The Nairobi Coffee Exchange (NCE) this week recorded strong trading activity after 18,089 bags of coffee weighing 1.115 million kilogrammes was sold for Ksh 994 million reflecting sustained demand for Kenyan coffee in the international…
Dangote plans to raise KSh 65 billion from Kenyan Investors in an IPO to fund part of the KSh 2.2 trillion Lamu project. Dangote Petroleum Refinery said is preparing Africa’s biggest-ever stock market listing, targeting about Ksh646…
The Nairobi Securities Exchange (NSE) has appointed Image Registrars Limited as its new share registrar. The appointment, which took effect on August 1, 2026, replaces EFS Registrars Limited. In a notice issued on Thursday, August 6, NSE…
Asset Management Limited (AAML), the asset management subsidiary of Absa Bank Kenya PLC, has received approval from the Capital Markets Authority (CMA) to register two new special funds under the existing Absa Unit Trust Scheme, further…
Guinea launched NimbaPay, its first national instant payment network, giving banks, mobile money providers and microfinance institutions a shared platform to process real-time transactions as the West African nation accelerates efforts to…
Agriculture Cabinet Secretary Mutahi Kagwe has directed the Kenya Sugar Board to stop issuing new sugar import licences on account of sufficient local production. Accoridng to Kagwe, Kenya currently has enough stock of sugar to meet…
