Latest business stories from across Kenya.
For years, the Nairobi Securities Exchange (NSE) has had something of an awkward relationship with Kenyan investors. Many people knew the NSE existed, but only a smaller group actively followed share prices, dividends and company results.…
Construction of the proposed Dangote oil refinery in Lamu is expected to begin in October, billionaire businessman Aliko Dangote has said. Dangote told the BBC that the refinery will cost about Sh2 trillion, lower than the initial estimate…
The first phase of China’s Bozhong 19-6 gas field, the country’s first 100-billion-cubic-meter-scale gas field in the Bohai Sea, has entered full operation, with daily oil and gas output exceeding 5,200 tonnes, China National Offshore Oil…
The Kenya Revenue Authority (KRA) has unveiled guidelines for the return of unused excise stamps held by bottled water manufacturers and importers. KRA’s return of unused excise stamps follows the removal of excise duty on bottled water on…
Kenya’s former Principal Secretary Esther Koimett Jepkemboi is the largest individual shareholder in Middle East Bank Kenya, with more than 5% ownership according to the latest bank reports. Koimett is also a director of Middle East Bank…
Nine Kenyan diplomats serving abroad illegally received nearly Sh1 million in extra allowances in June 2025 despite already drawing their basic salaries and Foreign Service Allowance, a new Auditor General report reveals. The report for…
Construction of the highly publicized East African oil refinery in Kenya could start by October, after Nigerian billionaire Aliko Dangote said the project’s preparations have progressed substantially. The Dangote Group president said his…
Safaricom has launched PATA MORE, a new campaign aimed at providing customers and businesses with greater value through enhanced connectivity, digital services and M-PESA solutions. The campaign, unveiled in Meru on Thursday, is built…
A gold rush in Kanyarkwat, West Pokot County, has attracted an estimated 10,000 people to Cheporor village within six days, raising concerns over an impending humanitarian crisis as authorities race to assess the situation. The influx…
M-PESA Short-Term Paybill is a fundraising service that allows individuals or groups to collect money for specific needs. The service can be used for medical funds, education funds, funeral funds, wedding funds, and charity or…
East African Breweries reports one of its strongest recent performances, with net revenue rising 13% to KSh146 billion and total debt falling by KSh4.8 billion as the brewer increases shareholder returns. East African Breweries Plc posted…
The National Assembly’s Public Investments Committee on Commercial Affairs and Energy (PIC CA&E) has recommended the use of sector-based roundtables as a faster way of resolving audit queries raised against State corporations operating…
The Micro and Small Enterprises Authority (MSEA), in partnership with the Joyful Women Organization (JOYWO) and other stakeholders including AMPATH, has concluded a five-day capacity-building and enterprise formalisation programme aimed at…
Global oil prices have fallen sharply ahead of Kenya’s next fuel price review by the Energy and Petroleum Regulatory Authority (EPRA), raising the possibility of lower petroleum prices if the decline is sustained and other pricing factors…
Stanbic Bank Kenya is in discussions with the government on possible financing options to support the servicing of Kenya’s yuan-denominated debt following the conversion of part of the country’s Standard Gauge Railway (SGR) obligations…
Six sugar distributors and other businesses have moved to the High Court seeking to recover Sh173.58 million they claim is owed by three State-owned sugar companies that were leased to private operators. The petition, filed at the High…
The National Youth Opportunities Towards Advancement (NYOTA) Project has outlined the next steps for more than 122,000 youth who received government start-up capital on July 10, 2026. In a statement on August 7, the Principal Secretary for…
Kenya Revenue Authority (KRA) says it has received at least 1000 applications following the rollout of the implementation of new cargo declaration system. The authority says the Advanced Cargo Declaration (ACD) system which it activated at…
TVS Motor Company is entering Africa’s electric two-wheeler market with the launch of its iQube electric scooter in Kenya, as the Indian manufacturer seeks to expand beyond its established markets and tap growing demand for lower-cost…
Wheat farmers in the country will earn Ksh 5,100 for a 90 kilogram bag following a deal between the government and millers. Agriculture Cabinet Secretary Mutahi Kagwe said the prices which will cover the 2026 season is an increase from Ksh…
A former Deputy Director of Audit at the Office of the Auditor General, Hannah Wambui Mwaura, also known as Anna Wambui Mwaura, has been charged with allegedly using a forged university degree certificate to secure public employment.…
NTT DATA has launched NTT DATA AI for Insurance, an AI-native agentic solution designed to help insurers modernise core workflows while maintaining governance, auditability and human oversight. The Service-as-Software solution combines…
EABL (East African Breweries Limited) Plc posted an impressive 49.4% growth in net earnings for the financial year ended 30th June 2026), to KSh18.2billion compared to KSh12.2 billion the previous year. The strong profitability was…
The Senate Standing Committee on Trade, Industrialization and Tourism has intensified its oversight of the cooperative sector after questioning the Commissioner for Cooperative Development, David Obonyo, over governance failures,…
