Latest business stories from across Kenya.
Taxpayers with outstanding debts to the Kenya Revenue Authority (KRA) have been reminded that the 2026 tax amnesty is not a cancellation of their entire tax bill. KRA said the relief only covers qualifying penalties, interest and fines,…
Nairobi-based fintech startup Flowt has secured funding from Delta40 Fund I and Impacc. The startup has also secured grant support from the Argidius Foundation to scale its AI-powered lending platform for African businesses. The company…
Financial consultant Mwatha Njoroge has opened up about how a business he started as a young entrepreneur grew rapidly to roughly KSh1 billion in value before collapsing within about two years. Speaking in an interview with The Kenya…
The Kenya Sugar Board (KSB) has issued sugar millers across the country with a seven-day notice to pay farmers for the sugarcane already delivered to factories. According to the board, millers who fail to clear their payments to farmers…
The NSE said the disclosure breached Regulation 89(4) of the Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023, which requires listed companies to promptly disclose material information to the public and the…
The Nairobi Securities Exchange (NSE) has halted trading in the shares of HFCB Group Plc for Thursday’s trading session after the company released its financial results during trading hours. In a statement issued on August 27, the NSE said…
Kenya has moved closer to opening some of its major port assets to private investment after the Public-Private Partnership (PPP) Committee approved feasibility studies for key facilities at the Ports of Mombasa and Lamu. PPP Directorate…
Kenyans looking to invest in the real estate sector do not necessarily need millions of shillings to purchase a house, apartment, or commercial building. Real Estate Investment Trusts (REITs) offer an alternative route to property…
NCBA Group and electric mobility company BasiGo have partnered to finance 1,000 electric vehicles in Kenya, expanding access to leasing as public transport operators and businesses seek to overcome the high upfront cost of switching to…
The Kenyan internet and telecommunications provider generated revenue of Sh3.55 billion in the six months to June, according to financial results released by the parent group.
In the business world, cash flow serves as operational oxygen. For salaried professionals, a structured budget forms the blueprint for financial independence. Yet, both groups frequently share a common financial leak: the ongoing cost of…
A new Knight Frank report shows Kenya is attracting more attention from foreign hospitality investors, driven by rising international tourist arrivals, stronger hotel sector performance, and ongoing investment in tourism-supporting…
HassConsult is betting that wellness and community-driven living can become a bigger source of value in Kenya’s residential property market, as a global wellness real estate sector worth $876 billion increasingly reshapes how developers…
Safaricom has responded to a customer complaint about missing M-PESA transaction messages and offered guidance to affected users. The issue was raised on August 27 by a customer who said she was no longer receiving M-PESA messages or…
Jimi Richard Wanjigi is a Kenyan businessman and political strategist. He serves as the CEO of Kwacha Group of Companies, a privately owned family office. The company’s investments span multiple sectors of the Kenyan economy, including…
I&M Group has reported a 22.35 percent increase in net profit for the six months ended June 2026, supported by stronger earnings from lending and growth in other income streams. The banking group’s net profit rose to Sh10.17 billion from…
HFCB (Housing Finance Company of Kenya Bank), an integrated financial services provider, has delivered a stronger half-year performance with its net profits rising to KSh 998.3million and pre-tax earnings up 74.2% to KSh 1.22billion. This…
Kenya Airways’ revenue grew 9% to KSh81 billion for the six months to June 30, 2026. The national carrier attributed the growth to resilient passenger demand, stronger aircraft utilisation and improved commercial performance. Its cabin…
Members of the National Assembly have raised concerns over the slow disbursement and implementation of projects funded through the Equalisation Fund, with MPs from marginalised areas demanding faster release of funds and stronger…
The Standard Group has announced the departure of Michael Lusiola from its board, where he served as an Independent Non-Executive Director. According to a notice dated August 21, Standard Group stated that Lusiola’s exit took effect on…
Energy and Petroleum Cabinet Secretary Opiyo Wandayi said illegal LPG operations remain a major public safety concern, citing past fires involving illegally traded or refilled cylinders that have caused deaths.
African Collective Management Organisations are warning that the dispute pitting the Kenya’s copyrights regulator against KAMP could deny rights holders revenue if it persists. This comes after the Kenya Copyrights Board (KECOBO) issued…
Chip giant Nvidia has reported another huge jump in sales as the global push to build artificial intelligence (AI) systems continues at a rapid pace. The company said on Wednesday that it brought in $96bn (£71bn) of revenue during the…
Kenyan media platform TechMoran has announced the launch of the StartupEast Conference & Awards, a regional platform designed to identify, elevate, and connect early-stage startups across East Africa. The initiative culminates in a…
