Latest business stories from across Kenya.
Search for Common Ground Country Manager for the Horn of Africa Judy Kimamo said the initiative comes at a time when Kenya faces a rapidly changing information environment ahead of the 2027 polls.
The Kenya Ports Authority (KPA) has listed 45 vessels expected to arrive at the Port of Mombasa and the Port of Lamu over the next 14 days. In an update issued on Wednesday, August 26, KPA said the vessels will be carrying containers,…
In Kenya, the increase in avocado exports has particularly raised demand for refrigerated containers and transport services needed to move the perishable produce.
Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe confirmed in a statement issued in Nairobi, the Kenyan capital, that the government will step up border enforcement to block non-compliant chemicals due to escalating…
A Chinese envoy on Tuesday called for greater efforts to end hostilities and create a secure environment for food production. Fu Cong, China’s permanent representative to the United Nations, made the remarks at a Security Council open…
Kakuzi Plc has issued a profit warning, stating that its net earnings for the year ending December 31, 2026, may be at least 25% lower than those reported for the year ended December 31, 2025. In a statement dated August 26 by Chairman…
Kenya Airways (KQ) widened its net loss to Sh16.1 billion in the first half of 2026, up from Sh12.2 billion recorded during the same period last year, as rising fuel and aircraft maintenance costs put pressure on the national carrier’s…
TPS Eastern Africa, the hospitality group that operates Serena Hotels in Kenya and other East African markets, widened its net loss to Sh66.4 million in the first half of 2026 as revenue declined slightly amid challenges affecting regional…
Softcare, the manufacturer of baby diapers, baby pants, sanitary pads and wet wipes, increased revenue from the Kenyan market by 17.4 percent in the first half of 2026, supported by higher sales volumes and average selling prices. The Hong…
Moniepoint Inc. is reportedly shutting down MonieWorld, its UK remittance business, less than 18 months after launching the service, as the Nigerian fintech redirects resources toward its operations in Africa. The company said the decision…
Preparations for Kenya’s participation in the 26th East African Community (EAC) Micro, Small and Medium Enterprises (MSME) Trade Fair have commenced in earnest following the commissioning of the multi-sectoral National Organising Committee…
School terms come with a familiar routine. Parents fill envelopes with pocket money, queue to pay fees, and carry thick bundles of cash for shopping. But there’s a simpler way, one that puts safety, control, and convenience right into your…
Kenya Airways (KQ) has recorded a Ksh16.08 billion net loss in the first half of 2026, worse than the Ksh12.154 billion loss in the same period in 2025. The airline’s latest financial results show the loss despite higher total income,…
KQ’s total operating costs rose to Sh91.9 billion during the period, up from Sh80.7 billion a year earlier.
The new benchmark, up from Sh2.5 million, took effect on August 20 and could increase the tax base used to assess consolidated imports.
The Absa Africa Financial Markets Index Report will be launched October 14th 2026, on the sidelines of the International Monetary Fund(IMF)-World Bank meetings in Bangkok, Thailand. The Absa report launch will bring together policy-makers…
Regional budget airline Jambojet is set to resume daily passenger and cargo flights between Nairobi and Entebbe starting October 1, 2026. The move marks the airline’s return to Uganda following a six-year hiatus prompted by the COVID-19…
The loss compares with a smaller loss in the corresponding period last year, while revenue fell to Sh4 billion from Sh4.05 billion.
Jubilee Asset Management Limited (JAML) has reached a major operational milestone, expanding its total Assets Under Management (AUM) to Ksh. 259 billion. Driven by a surge in demand for professionally managed products among individual and…
For a long time, banking in Kenya has operated under an unspoken rule: consumers and businesses must pay to move their own money. Whether a business owner is paying a supplier, a parent is sending pocket money to a child, or a salaried…
The Kenya Revenue Authority (KRA) has tightened rules on imported goods by raising the minimum customs benchmark for general containerized consolidated cargo from KSh2.5 million to KSh3.2 million, aiming to curb undervaluation and tax…
Canada is the top customer for 26 US states, including Maine, Michigan, and Wisconsin. And it is in the top three for 45 of the 50 American states, suggesting Prime Minister Mark Carney has room to manoeuvre in a trade fight.
The growth puts Kenya among Softcare’s largest individual markets in Africa, with the country contributing $55.5 million (Sh7.2 billion) to the group’s revenue in the six months ended June 30, up from $47.3 million (Sh6.1 billion) in the…
Paul Kagame opens the 20th Africa Food Systems Forum in Kigali on 31 August, a year after Dakar’s US$18.5 billion.
