Latest business stories from across Kenya.
Vertiv is planning to expand its manufacturing and testing operations in Ireland, with a proposed extension of its Letterkenny facility expected to create up to 300 new jobs. The company plans to apply to Donegal County Council for an…
Kenya has opened new investment opportunities as the Capital Markets Authority (CMA) has approved new investment products and licenses involving several financial firms in Kenya. The approvals cover additional Collective Investment Scheme…
The Kenyan government is set to import one million 90-kilogram bags of maize to boost the country’s strategic reserves amid growing concerns over a looming supply shortage. Agriculture Cabinet Secretary Mutahi Kagwe said the consignment…
The Central Bank of Kenya (CBK) has retained its benchmark interest rate at 8.75 percent as inflation remains within the government’s target range despite rising global economic risks. The Monetary Policy Committee (MPC) kept the Central…
France has banned unsolicited telemarketing phone calls, in what a consumer group is hailing as a “small revolution” for the sales industry. From Tuesday, unsolicited calls are prohibited for businesses in all sectors – but there are some…
National Treasury Cabinet Secretary John Mbadi confirmed that the government plans to follow through on its promise to revise the Pay as You Earn (PAYE) tax paid by salaried Kenyans. Speaking on Tuesday, August 11, Mbadi said he is still…
Sideways markets can create opportunities for structured trading strategies — prices bounce within a band, buy low, sell high, repeat. Yet most traders bleed capital through emotional execution: buying late, selling early, or missing fills…
Kenya’s economy is expected to gather pace again and expand by 5.1% in 2027, the National Treasury said, pointing to easing external pressures and improving global supply chains that should help support the recovery. The outlook follows an…
The Kenya Bureau of Standards (KEBS) has defended 5 Kenyan alcoholic beverage brands that the Rwanda Food and Drugs Authority (Rwanda FDA) temporarily suspended. KEBS says the products passed all required quality and safety tests and…
The National Treasury has proposed a Ksh 5.323 trillion budget for the 2027/28 financial year, taking Kenya’s annual spending above the Ksh5 trillion mark for the first time. The proposal is contained in the Draft 2026 Budget Review and…
CBK (Central Bank of Kenya), through its top think-tank, the Monetary Policy Committee(MPC), has decided to maintain a hold on the Central Bank Rate(CBR), the tool used by banks to price their loan products, at 8.75%. This decision was…
Dairy farmers in Kiambu County have called on both the National and County governments to improve the sector by supplying them with quality dairy feeds and sexed semens to boost milk production. The officer in-charge of the dairy sector in…
Kenya Power is betting on additional power this year from baseload power plants to strengthen national grid stability which is being affected by increasing use of unstable energy source like solar and wind. According to Kenya Power…
The Central Bank of Kenya (CBK) has maintained the Central Bank Rate (CBR) at 8.75% following its Monetary Policy Committee meeting on August 11, 2026. The decision comes as Kenya’s inflation stood at 6.5% in July, while the economy grew…
The State Department for Energy under the Ministry of Energy and Petroleum in partnership with Huawei Kenya today convened the Kenya Energy Transition Forum 2026 at the Radisson Blu Hotel, Upper Hill, Nairobi. The high-level gathering of…
Kenya Power and Lighting Company (KPLC) has warned that the growing share of wind and solar power in the national electricity mix could increase the cost of electricity, raising the possibility of higher costs for consumers. In a statement…
Egyptian e-commerce technology company Fincart has raised an oversubscribed seed funding round co-led by Launch Africa and Antler MENAP, with participation from Yango Ventures, Five35 Ventures, Bluestream Capital, Hi2 Global, Kalahari…
Kenya’s budget is set to cross the KSh5 trillion mark for the first time in the 2027/28 financial year, with the National Treasury projecting total expenditure of KSh5.323 trillion. The proposed budget is equivalent to 23.1 per cent of the…
Victoria Sands Lodge in Mbita has been put on sale by its owner, Lynne Nzisa, following frustrations and challenges from local politicians. Nzisa, who is also called Kelitu Kaseo, the property director, announced the planned sale in a…
Mastercard has appointed Yasemin Bedir as its Eastern Europe, Middle East and Africa (EEMEA) region president, effective 1 September running its 81 country business in the region. Bedir, a nearly 20-year veteran of Mastercard, also joins…
Dairy Farmers in Kiambu County have called upon both National and County governments to improve the sector through the supply of quality dairy feeds and sexed semens which continue to affect milk production in the country. According to…
CMA (Capital Markets Authority) has approved the listing of the WSA Banking Index ETF on the Nairobi Securities Exchange (NSE). This marks a significant milestone for Kenya’s capital markets as the Kenya’s first locally-domiciled ETF. This…
Nigeria is translating bold digital ambitions into tangible national transformation, accelerating socio-economic development through progressive policy, AI innovation, and human capital development to deliver lasting benefits for its…
The Capital Markets Authority (CMA) has approved the listing of the WSA Banking Index Exchange Traded Fund (ETF) on the Nairobi Securities Exchange (NSE), giving investors a new way to gain exposure to Kenya’s banking sector through a…
