Latest business stories from across Kenya.
The Kenya Shilling remained stable against major international and regional currencies during the week ending August 20, 2026, trading at KSh129.49 against the US dollar. According to the Central Bank of Kenya (CBK) Weekly Bulletin…
The Kenya Bodaboda Riders and Owners Association has petitioned Parliament to investigate alleged unfair lending and asset financing practices by Mogo Auto Limited following complaints from motorcycle owners and borrowers. The petition,…
The World Bank has barred Webmasters Kenya Ltd, the firm behind the eCitizen platform, and its director, James Ayugi, from participating in World Bank-financed projects for at least five years. The World Bank Sanctions Board, in Case No.…
The Central Bank of Kenya(CBK) accepted bids worth KSh 57.59 billion at this week’s Treasury Bills Auction. The state fiscal agent allocated KSh 29.6 billion of this amount to net borrowing from the domestic market in this auction and KSh…
The approach is aimed at bringing more Kenyans without conventional payslips or formal income records into the formal housing finance market as the government scales up its affordable housing programme.
Kenyan workers and local businesses are set to gain more opportunities in the petroleum industry under new local content regulations set by the Ministry of Energy, which require companies to prioritize Kenyan citizens and locally owned…
Mombasa’s hotel industry is enjoying a major boost as a growing number of domestic tourists flock to the Coast during the ongoing August school holidays, breathing new life into the sector and reducing traditional reliance on international…
The volume of informal trade between Kenya and its regional neighbours reversed from an earlier surplus to decline to Ksh 249 million in a year to December 2025 on lower agricultural production which hurt market activity. Latest data by…
Amazon Web Services (AWS) has announced that it is investing $1 billion in a new team that will place thousands of artificial intelligence specialists inside customer organisations, as the cloud computing giant seeks to help businesses…
Acting County Secretary and Head of Public Service Elizabeth Adongo said the delayed budget process had constrained the county’s financial and expenditure operations.
InterAsia Lines, a Taiwan based shipping line, has officially commenced weekly shipping services at the Port of Mombasa in what is expected to strengthen Kenya’s maritime connectivity with Asia. The new service will operate a weekly vessel…
Dangote Group has offered East African countries a 30 percent equity stake in its planned regional refinery, with Kenya expected to take up a 10 percent share valued at about $500 million (KSh64.5 billion). Kenya’s commitment was disclosed…
BOC Kenya Plc, a listed supplier of industrial, medical and specialty gases, saw its net profit for the first half of this year drop 39.8% to KSh 100.4 million. This is on account of a17% rise in distribution, selling, and administrative…
SBM Bank Kenya has officially opened its 34th branch at Peak Place Building in Nanyuki Town, marking a strategic expansion into the Mt. Kenya commercial hub. The launch addresses a major financial services gap across Laikipia County and…
The petition, submitted by the association’s National Executive Chairperson Charles Gichira, raises concerns over interest rates, loan charges, asset repossession and the handling of financed motorcycles.
The Kenya Editors Guild (KEG) has called on editors and journalists to strengthen scrutiny of public financing, debt and complex financing arrangements to promote transparency and accountability. Speaking during the first Peer-to-Peer…
A 2025 paper in Science pooled 5 nationally representative surveys covering close to 590,000 American workers. People in remote-capable jobs were more isolated during the workday and went out less in the evening as well, with the effect…
The new AWS Forward Deployed Engineering (FDE) organisation will work directly with customers to build and deploy so-called “agentic” AI systems. These systems can carry out tasks and make decisions with limited human intervention.
The notes, owned and preserved by the family of close associate and freedom fighter Anand T Hingorani, include 688 of Gandhi’s handwritten messages on truth, non-violence and self-restraint written between 1944 and 1946.
Kenyan firms expect to maintain their current hiring levels in 2026, with banks and selected non-bank sectors showing moderate optimism about taking on new employees, according to the Central Bank of Kenya (CBK). According to the CBK’s…
Kenya Power has launched performance management contracts targeting more than 6,000 union employees, a move that will strengthen accountability, improve productivity and enhance service delivery to customers. The historic move comes after…
President William Ruto is facing a fresh set of demands from Kenya’s business community, with about 1,000 Chief Executive Officers (CEOs) calling for measures to lower the cost of doing business and create a more predictable environment…
Data from the Kenya Bankers Association shows Equity Bank led lending to small businesses with Sh82.3 billion, followed by Co-operative Bank with Sh32.4 billion and KCB with Sh26.4 billion.
Insurance is one of those financial products many people know they need but don’t always understand. We pay premiums hoping we never have to use the cover, which can make insurance feel like an unnecessary expense—until an accident,…
