Britam launches KidNest investment account for children
The account allows parents and guardians to start investing with Sh1,000, with additional contributions from Sh100. It is available for children from birth to 25 years.
2 min read
Business
Latest business stories from across Kenya.
Kenya pushes green skills to tackle youth unemployment
The call was made at the GreenWorks 4 Africa: Africa Green Skills and Jobs Summit in Nairobi, where participants said investment in green industries could have limited economic impact if training programmes do not match the skills…
2 min read
Developers eye lower costs through biophilic buildings
NAIROBI, Kenya, Aug 14 – Property developers are increasingly looking to biophilic building designs to cut long-term operating costs, as rising construction and energy expenses push the industry to focus…
2 min read
KMRC targets Kenya’s housing finance gap as Affordable Housing Conference set for August 20
NAIROBI, Kenya, Aug 14-Kenya Mortgage Refinance Company (KMRC) will convene the fifth Kenya Affordable Housing Conference from August 20 to 21, with the focus shifting from simply building more homes…
3 min read
CBK Accepts KSh37Bn at Weekly Treasury Bills Auction
CBK (Central Bank of Kenya) recorded a strong demand at this week’s Treasury Bills Auction, with the state fiscal agent receiving bids worth KSh 40.8billion, of which it accepted KSh 37 billion. This is a performance rate of 145.68%…
2 min read
EPRA cuts diesel prices by Ksh 5 in latest review
Transport sector has received a relief from the energy regulator following a Ksh 5 reduction on a litre of diesel. In the latest price review cycle, the Energy and Petroleum Regulatory Authority (EPRA) said super petrol and kerosene prices…
1 min read
BII and Africa50 Partner to Increase Infrastructure Investment Across Africa
British International Investment (BII) and Africa50 have signed a new Memorandum of Understanding (MoU) aimed at accelerating infrastructure investment across Africa through increased public and private sector financing. The deal was…
1 min read
EPRA Cuts Diesel Price by Ksh5 in Latest Fuel Review
Kenyan motorists and businesses that depend on diesel will get a small break at the pump after the Energy and Petroleum Regulatory Authority (EPRA) announced a Ksh 5 reduction in diesel prices for next month. The new prices will take…
3 min read
EPRA Reduces Diesel by Sh5 as Petrol and Kerosene Remain Unchanged
The Energy and Petroleum Regulatory Authority (EPRA) has reduced the maximum retail price of diesel by Sh5 per litre for the period running from August 15 to September 14, 2026, while prices of Super Petrol and Kerosene will remain…
2 min read
Kenyan tea factories to begin rejecting poor quality leaves
Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has directed tea factories to reject substandard tea delivered by farmers across the country. He warned that when poor-quality leaf from a few farmers is mixed and…
1 min read
Absa Ruiru Invitational Golf Tournament Set for this Weekend
Absa Ruiru Invitational, the fifth leg of the Sunshine Development Tour – East Africa Swing, is headed for Ruiru with a strong field of golfers expected to battle for honours at Ruiru Sports Club from Sunday, 16th to Tuesday, 18th August.…
3 min read
KMRC 2026 Kenya Affordable Housing Conference champions inclusive, sustainable housing finance
Kenya’s affordable housing agenda is entering a new phase shifting focus from supply of affordable housing to inclusive housing finance for all. The Kenya Mortgage Refinance Company (KMRC) is set to convene the 5th Kenya Affordable Housing…
4 min read
MPs raise concerns over delayed implementation of CAIPs
The National Assembly Public Accounts Committee has raised concerns over the delayed implementation of County Aggregation and Industrial Parks (CAIPs) in several counties despite the allocation and transfer of billions of shillings for the…
2 min read
Report: 43% of Young Kenyans Borrow to Meet Daily Needs
The Old Mutual Financial Wellness Monitor 2025 has found that young Kenyans are increasingly relying on borrowing, side hustles and multiple income streams to meet their financial needs, even as many remain hopeful about their economic…
3 min read
SMEs told to tap partnerships to access international fashion market
Small business operating within Kenya’s fashion industry have been urged to leverage partnership with Chinese firms in order to access the wider international market. Speaking during the the 2026 East Africa Fashion Life Show, Kenya…
1 min read
Absa to Sell 63.32% Stake in First Assurance
Absa Group is set to leave the insurance manufacturing business in Kenya after agreeing to sell its controlling stake in two insurance companies to First Assurance Investments Limited (FAI). The South African banking group has signed a…
2 min read
US says dozens of countries helped China dodge Trump’s tariffs
The White House said in a report on Thursday that more than 40 countries have helped China sidestep US tariffs by routing exports through nations that face lower American import duties. The countries named include Canada, India, Mexico,…
2 min read
Mudavadi-Linked Company Buys Absa’s Insurance Firms, What It Means for Customers
Absa Group has agreed to sell its entire 63.32% stake in First Assurance Company Limited and Absa Life Assurance Kenya Limited to First Assurance Investments Limited (FAI), ending an 11-year ownership period in the two insurers. In a…
3 min read
Safaricom Appoints Two Vodacom Executives as Former PS Resigns from Board
Safaricom PLC has appointed two senior Vodacom Group executives to its Board of Directors, following the resignation of two non-executive directors. The telecommunications company announced on Thursday, August 13, that Mariam Cassim and…
2 min read
A Practical Guide to Financing a High-Performance Exotic Car
Financing an exotic car calls for discipline before emotion enters the room. Purchase price is only the first number. Taxes, insurance, service history, storage, transport, mileage, and model scarcity all shape the true commitment. A…
3 min read
Poultry farmers in Trans Nzoia receive 4,000 improved chicks
The State Department for Livestock Development has supported smallholder poultry farmers in Trans Nzoia County with the delivery of 4,000 improved Kienyeji chicks (KENBRO), as part of efforts to strengthen poultry production and improve…
1 min read
Safaricom Reveals Why Data Bundles Expire Faster, Shares Tips on How to Save Data
Many Safaricom users have recently raised concerns over the faster depletion of Data bundles, especially the 1GB package. “My data B-Live doesn’t last, but that’s not the problem, the speeds drop like crazy. I can’t use the bundle now. You…
3 min read
Exporters under AGOA to receive refunds for duties paid in lapse period
Manufacturers who exported goods to the United States under the African Growth Opportunity Act (AGOA) will be refunded for duties paid between expiry and extension period of the trade deal. This follows a provision in the Act allowing for…
1 min read
How Sarit Centre Transformed From a Mall With Two Tenants Into One of Kenya’s Biggest Shopping Complexes
Sarit Center has grown from an ambitious shopping mall that opened in Westlands in 1983 with just two tenants into one of Nairobi’s best-known mixed-use commercial complexes. Over more than four decades, the development has expanded its…
3 min read