Latest business stories from across Kenya.
NSE(Nairobi Securities Exchange) Half-Year Net profits surged 386% to KSh 736.9 million as levy transaction income from several block trades, impact of two IPOs and data income lifted the bourse’s earnings profile during this period. The…
Meta is set to introduce new WhatsApp Business charges that could raise operating costs for Kenyan businesses using the platform for customer support, sales, banking notifications, and order updates. According to the company, the new…
SBM Bank Kenya and Safer Power Group have signed a landmark Ksh. 2.1 billion (USD 17 million) financing deal to support the development of a green energy manufacturing workshop and factory in Kenya. Under the agreement, Safer Power, a…
Safer Power Group has secured Ksh 2.19 billion ($17m) credit from SBM Bank to support expansion of its power infrastructure manufacturing capacity in Kenya. Under the deal, Safer Power will utilise the financing to support construction of…
KRA said the benchmark is used under a simplified customs clearance arrangement to identify containers that meet established risk parameters for clearance with minimal intervention.
A judge has ruled the US Department of Defense acted unlawfully when it designated artificial intelligence (AI) startup Anthropic a supply chain risk, calling the move “illegal and baseless”. The company argued in the lawsuit that Defense…
In the review period, levy income on equities rose 476 percent to Sh770.5 million from Sh133.9 million, driven by increased market liquidity, heightened participation from both domestic and foreign investors, and the impact of the…
Nation Media Group (NMG) has announced significant changes to its Board of Directors following the appointment of six new members and the step-down of four long-serving directors. The media conglomerate confirmed that Juliana Rotich,…
Minet Group has appointed Sammy Muthui as Chief Executive Officer for the Eastern Africa Region, expanding his responsibilities to oversee the company’s growth across the region. In an announcement on August 28, Minet Group CEO Joe Onsando…
NAIROBI, Kenya, Aug 28 – The Nairobi International Trade Fair is placing innovation and export opportunities at the centre of its 2026 edition, with organisers seeking to connect Kenyan businesses…
In a statement, KAA, which is in charge of Kenya’s airports and airstrips, said the change of name offers a robust legal framework to drive efficiency, innovation and long-term competitiveness.
Britam Holdings Plc has reported a 52 per cent increase in profit before tax to Ksh3.8 billion for the six months ended June 30, 2026, from Ksh2.5 billion recorded in the same period last year. The insurer said the performance provides a…
The Kenya Revenue Authority (KRA) has clarified the newly revised KSh3.2 million minimum yield for general consolidated cargo, effective August 21. According to the authority, the minimum yield is not the actual tax payable by traders and…
Foreign currency markets are very appealing to both active traders and investors looking to lock down steady returns. The two approaches, though, are not quite the same. If you are trying to take advantage of short-term swings in exchange…
A prospect can now compare vendors, question an AI assistant, read peer comments, and build a shortlist without appearing in a CRM. That quiet research phase is where much of B2B marketing now succeeds or fails. The old funnel still…
Government securities, which accounted for 99 per cent of the Fund’s portfolio in 2023, now make up 74 per cent, according to figures released.
Microsoft has appointed Angela Nganga as its Country Lead for East Africa. She will lead Microsoft’s engagement with governments, enterprises, startups and other stakeholders across Kenya and across East Africa. Nganga brings more than 20…
Ruto said the Government had eliminated cash payments for public services and consolidated government payments through a single platform, allowing the National Treasury to track transactions.
BAHLITA Secretary General said the association, which represents more than 54,000 traders across the 47 counties, was concerned about what it termed efforts to exclude key stakeholders from participating in the Bill’s consideration by the…
NAIROBI, Kenya, Aug 27 – A simple eye test and corrective glasses could significantly improve the education and future earning potential of Kenyan children, according to new research on childhood…
A CBK (Central Bank of Kenya) survey undertaken in July lists concerns that most Kenyan Chief Executives Officers have, including subdued demand, high operating costs, tax refund delays, financing constraints, raw-material shortages,…
NAIROBI, Kenya, Aug 27 – Equity Group Holdings added 410 employees in the three months to June this year, with its Democratic Republic of Congo (DRC) operations accounting for more…
The Alcoholic Beverages Association of Kenya said purchasing alcohol through legitimate outlets would reduce the risk of consumers buying products of unknown origin or those that have been improperly handled.
For instance, Norah passionately traced her 20-year long journey in sugarcane growing, attributing everything she has to the proceeds she gets from her four hectare farm in Kokuro location, Awendo Sub County.
