Latest business stories from across Kenya.
Thugge said the alignment of the Kenya Shilling Overnight Interbank Average Rate with the Central Bank Rate has strengthened the link between the policy rate and commercial bank pricing.
Konza Technopolis Development Authority CEO John Paul Okwiri recently hosted an AWS delegation led by Robin Njiru, Regional Lead for Public Sector, as the two organisations begin a new chapter of strategic collaboration. Konza says the…
The Kenyan government has welcomed the United States Senate approval of the extension of the African Growth and Opportunities Act (AGOA), saying the move will provide greater certainty for Kenyan exporters seeking access to the US market.…
Absa Group has officially entered into a sale and purchase agreement to divest its entire 63.32% majority stake in both First Assurance Company Limited (FAC) and Absa Life Assurance Kenya Limited (ALAK). The shares are being acquired by…
The sneaker game in Kenya has changed. What was once a simple matter of walking into a shop along Moi Avenue or scrolling through Instagram pages for the latest Air Jordans has evolved into a full-blown digital economy, one where young…
The government plans to roll out a new platform to track all funding from development partners as part of its efforts to utilize spending. The National Treasury and Economic Planning says the Development Partners Management Information…
The Bill requires a loanee in formal employment to disclose their loan status to the employer when taking up a new job.
The International Finance Corporation (IFC) has announced a US$25 million equity investment in Jumia. According to the IFC, the investment will support Jumia’s next phase of growth across its core African markets by strengthening its…
The Communications Authority of Kenya (CA) has clarified new licensing requirements for cyber cafés and other public internet access centres, saying the rules are intended to strengthen accountability and security without limiting access…
NAIROBI, Kenya, Aug 13 – Car & General (C&G) profit after tax grew more than four-fold to Sh2.6 billion in the half year ending June 30, 2026, boosted by increased…
Kenyan voters will have six differently coloured ballot papers and matching ballot box lids when they head to polling stations for the 2027 General Election, in a system the Independent Electoral and Boundaries Commission (IEBC) says will…
Kaspersky’s latest survey highlights a protection gap between macOS and Windows based devices. While macOS has long been regarded as the more secure operating system, 12% of its users reported malware infections compared with 9% of Windows…
The Retail Trade Association of Kenya (Retrak) has warned that changing consumer habits are reshaping the country’s retail market as households struggle to cope with the rising cost of everyday goods. The association says more shoppers are…
Under the proposed law, an employer who employs a student loan beneficiary would be required to notify the Authority of the employee’s employment.
Listed Non-Bank financial services provider Sanlam Allianz Holdings (Kenya) Plc has posted a Kshs 124.6 million net profit in its half-year results released on Wednesday. Insurance revenue increased to Kshs 2.2 billion, while net profit…
Sanlam Allianz Holdings (Kenya) has recorded a sharp rise in its half-year profit, signalling stronger financial performance as the insurer works to grow its business while keeping a tighter grip on costs. The listed non-bank financial…
Britam Asset Managers (BAM) has launched KidNest, a children’s investment account that will allow parents, guardians, relatives, and well-wishers to invest towards a child’s future with contributions starting from KSh 1,000. While many…
South Korea’s Incheon has become the world’s busiest airport by international passenger traffic for the first time, new figures show. Incheon International Airport, the main gateway to South Korea, served 38.4 million international…
Speaking during a post-Monetary Policy Committee briefing, CBK Governor Kamau Thugge said such a rise would push inflation slightly above the Government’s target range of between 2.5 and 7.5 percent.
Listed non-bank financial services provider Sanlam Allianz Holdings (Kenya) has more than quadrupled its net profit for the first half of 2026, supported by higher insurance revenue and continued efforts to control operating costs. The…
KCB Group has increased its interim dividend by 50 percent to Sh3 per share for the six months ended June 2026, following a strong improvement in earnings. The lender will pay shareholders a total of Sh9.64 billion, compared with Sh2 per…
Kenya has emerged as the world’s leading country in artificial intelligence (AI) usage, highlighting the rapid adoption of AI-powered tools and services among internet users. According to the Digital 2026 Mid-Year Global Update Report,…
According to the Digital 2026 Mid-year Global Update Report, 97.5 percent of Kenyan internet users aged 16 and above use AI.
Under the new arrangement, Maersk customers can release shipping containers without paying a deposit upfront, with Viaservice advancing payments for demurrage, damage and total-loss charges on behalf of customers on a reimbursement basis.
