Latest business stories from across Kenya.
Nutanix and accelerated compute platform ChronoScale Holdings Corporation have announced a strategic partnership aimed at helping enterprises deploy and scale artificial intelligence workloads more easily. The partnership will combine…
Net interest income increased 123.1 percent to Sh3.64 billion in the six months to June 30, 2026, from the previous period.
Proto Energy and Equity Bank have announced a strategic partnership to break down the financial barriers hindering clean energy adoption in Kenya. By introducing two specialized credit facilities, the Autogas Conversion Loan and the…
The Central Bank of Kenya (CBK) has invited investors to participate in an auction for a KSh75 billion Treasury bond switch. According to CBK, the offer enables eligible holders of certain Treasury bills and an existing Treasury bond to…
Kamal said the immediate priority was to return aircraft to service and stabilise the airline before embarking on faster growth, with KQ targeting full fleet capacity by the end of 2026 and a stronger growth phase from 2027.
Equity Group has posted a profit after tax of Ksh 45.5 billion in six months of the year to June on stong performance by its regional subsidiaries. The lender net profit rose by 32% from Ksh 34.6 billion recorded during the corresponding…
Diamond Trust Bank Kenya Limited (DTB Bank) has announced a Ksh. 9.8 billion pre-tax profit for the half-year ending June 30, 2026, marking a 37% year-on-year increase. The performance underscores the momentum of the regional group’s…
Siaya County residents have been urged to embrace the proposed Ksh 500 billion nuclear power project as the investment is expected to provide significant benefits to the region and the country. Siaya Senator Dr Oburu Oginga urged residents…
A new partnership between Co-operative Bank of Kenya Limited and Car & General (Trading) Limited is set to expand access to agricultural machinery across the country. By combining tailored asset financing with Kubota tractor distribution,…
The Association of Kenya Insurers, in a letter to insurance company CEOs, said CFAO Mobility had engaged the association on plans to replace the defective airbags.
Standard Chartered Bank Kenya Limited has reported a net profit of Ksh. 6.7 billion for the first half of 2026 ended June 30. This is a reduction from the Ksh. 8.09 billion the bank posted in the same period in 2025. The board of directors…
Equity Group Holdings Plc has delivered a strong financial performance for the first half of 2026, driven by rising contributions from its regional subsidiaries, improved asset quality, and accelerated digital adoption across its…
Chinese digital infrastructure company Guodong Group is planning to invest up to US$300 million (Ksh38.8 billion) in Kenya as it explores establishing its African headquarters in the country. The investment will target digital…
A court has heard claims Meta intentionally hooked a generation of children on Facebook and Instagram, as the biggest legal challenge faced by the social media platform began. A jury in Oakland, California will spend the next six weeks…
NETSCOUT has announced an expansion of its Adaptive DDoS Protection (ADP) solution. This introduces new capabilities that enable service providers to automatically detect and mitigate outbound DDoS attack traffic. The move comes as…
Equity Group Holdings has posted a 32 per cent increase in profit after tax to KSh45.5 billion for the six months ended June 2026, up from KSh34.6 billion recorded in the same period last year. The banking group said the performance was…
The company said the prolonged closure has created uncertainty for employees, communities and business partners, with the economic impact extending beyond its operations.
The lender attributed the growth to a 17 percent increase in net interest income to Sh69.3 billion from Sh59.3 billion, supported by growth in lending.
KCB Bank, Kenya’s biggest bank by assets plans five-year programme to channel capital into renewable energy, climate resilience, affordable housing and businesses KCB Group plans to establish a Medium-Term Note Programme of up to $2.3…
NAIROBI, Kenya, Aug 19-The Ethics and Anti-Corruption Commission (EACC) has identified governance and oversight weaknesses within Kenya’s co-operative sector that could create opportunities for corruption, calling for urgent reforms to…
Justice R. Nyakundi said the court could not consider the petitioners’ request for conservatory orders because the Notice of Motion was not accompanied by a properly filed and sworn supporting affidavit.
The Kenya Revenue Authority (KRA) has listed consignments belonging to Kenya Power and Lighting Company, Unga Farm Care (EA) Limited, Enzi Motors Company Limited and several other businesses and individuals as overstayed goods in customs…
Teddy Yanga, Senior Investment Manager at Lofty-Corban Investments Limited, says private debt is gaining attention because it can provide businesses with more flexible financing structured around their cash flows and specific funding needs.
The National Assembly has tasked the Public Petitions Committee with investigating allegations of unfair lending and asset-financing practices by Mogo Auto Limited after complaints from boda boda riders across the country. The petition,…
