Latest business stories from across Kenya.
Ferrari’s first ever electric car has fetched $40m (£29.5m) in a charity sale, setting a record for a new vehicle sold at auction. The sale of the Ferrari Luce – brainchild of the British iPhone designer Sir Jony Ive – raised more than 35…
Airtel Africa and Starlink have launched satellite-to-mobile service in the Democratic Republic of the Congo (DRC), marking the first commercial deployment in Africa.
Ferrari’s first ever all-electric car has fetched $40m (£29.5m) in a charity sale, setting a record for a new car sold at auction. The RM Sotheby’s auction in California raised more than 35 times the usual price of a Ferrari Luce. The…
The amount was 105.5 percent higher than the Sh67.26 billion borrowed in July last year, according to the latest National Treasury fiscal outturn.
The RM Sotheby’s auction in California raised more than 35 times the usual price of a Ferrari Luce.
The Kenya Revenue Authority (KRA) is set to freeze bank accounts and deactivate the PINs of Kenyans who fail to remit the Affordable Housing Levy. According to the Authority, the renewed crackdown is expected to target both salaried and…
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Kenya’s shopping-mall landscape has changed dramatically over the past decade, with developers constructing increasingly large retail centers in Nairobi and other major urban areas. The latest entrant in the mega-mall race, Business Bay…
The company has launched its charging, portable power, wireless charging and Soundcore audio products in Nairobi, targeting consumers, businesses and professionals who increasingly depend on connected devices.
The Kenya National Chamber of Commerce and Industry said stronger business links between Kenyan and Chinese companies could help local enterprises access new markets and attract investment and technology.
Businesses supported through the Kakuma Kalobeyei Challenge Fund (KKCF) have been urged to move beyond survival and grow into enterprises capable of attracting investments and creating jobs. According to Turkana Deputy Governor Dr. John…
Nairobi Garage is a privately held workspace and innovation company founded in 2013. It provides flexible office solutions for startups, growing businesses, entrepreneurs, and professionals, including co-working desks, private offices,…
Safaricom officially launched M-PESA Tap-to-Pay in August 2026, introducing a new contactless payment feature that lets customers complete transactions by tapping NFC-enabled smartphones. According to Safaricom, M-PESA Tap-to-Pay uses Near…
The Kenya Ports Authority (KPA) has intensified implementation of the International Ship and Port Facility Security (ISPS) Code to strengthen security at the Port of Mombasa and safeguard the movement of international maritime trade. The…
Universities have been challenged to accelerate the commercialization of research and innovation to create jobs, enterprises and practical solutions to Africa’s development challenges.
NAIROBI, Kenya, Aug 13 — Listed agribusiness firm Kakuzi Plc is expanding its use of digital technology across its operations as it seeks to improve efficiency and strengthen climate-smart farming.…
The renewal of AGOA(African Growth and Opportunity Act) for another two years by the United States Senate, is a boon for Kenyan exporters, allowing duty-free access into the vast US market for a wide range of its products, particularly…
Kenyans living abroad sent home KSh56.5 billion in July 2026, marking a 16.2 per cent increase in monthly remittance inflows. According to a report by the Central Bank of Kenya (CBK), remittance inflows rose to USD 436.6 million in July…
The National Infrastructure Fund would only be allowed to commit a maximum of 20 per cent of its assets to a single project under a proposed investment policy that sets financial rules for funding major infrastructure projects across the…
NAIROBI, Kenya, Aug 15 – The Chartered Institute of Procurement and Supply (CIPS), the world’s largest professional body for procurement and supply, has officially opened its CIPS UK Kenya office…
Wheat millers have warned about potential hikes in the prices of flour, bread, and other wheat-based products as delays in approving imports threaten a supply shortage. The Cereal Millers Association said delays in the release of the C60…
In an era where technology is ever-evolving, businesses are constantly seeking ways to enhance efficiency and secure their communication. Digital fax services are at the forefront of this technological revolution, seamlessly blending…
The reduction means a litre of diesel will retail at Sh217.86 in Nairobi from midnight, while super petrol and kerosene prices will remain unchanged at Sh214.03 and Sh191.38, respectively, for the next month.
Kagwe said modernising factories would have little impact on farmers’ earnings if factories continued accepting leaf that does not meet the recommended “two leaves and a bud” standard.
The three-day event will run from October 15 to 17 at the Sarit Expo Centre under the theme “Capital, Code and Continuity: Building Africa’s Permanent Digital Economy.”
