Latest business stories from across Kenya.
Even as digital payment adoption grows worldwide, physical cash remains a necessity for open-air markets, tipping, and situations where card networks experience downtime. However, accessing personal funds through an ATM should not attract…
The Kenya Revenue Authority (KRA) has introduced a new mandatory tax for Kenyan content creators who earn money through YouTube. Under the new rules, Kenyan YouTubers whose YouTube monetization is linked to AdSense for YouTube accounts…
Nation Media Group Plc has announced changes to its Board of Directors, with four directors stepping down and five new members appointed. In an announcement on August 28, Nation Media Group said it has appointed Julie Gichuru, Julius…
Christine Njeri Wanjiru appeared before trial Magistrate Juliana Ndengeri on Friday where she was charged with stealing by director contrary to Section 282 of the Penal Code.
CBK (Central Bank of Kenya) has published a prospectus inviting bidders to participate in a KSh60 billion September Treasury Bonds Sale. The purpose of the funds is for budgetary support. The two re-opened fixed-coupon 15-year and 30-year…
Old Mutual Holdings has posted a sharp turnaround in its financial performance, with profit after tax rising to Sh882 million in the six months ended June 30, 2026, from just Sh5 million recorded during a similar period last year. The Ksh…
Kenya Electricity Transmission Company (KETRACO) expects to boost power supply and ensure reliability after energizing the 132kV Nanyuki-Isiolo transmission line. KETRACO Acting Managing Director Kipkemboi Kibias said the project which…
The 72-kilometre line, which has been under development since 2012, is expected to improve electricity reliability in Nanyuki, Isiolo, Meru, Laikipia and surrounding areas by providing an alternative transmission route and increasing the…
NAIROBI, Kenya, Aug 28 – Britam Holdings Plc has reported a 53 percent rise in profit after tax to Sh2.66 billion for the six months ended June 2026, from Sh1.74…
Microsoft has appointed Angela Ng’ang’a as its new Country Lead for East Africa, putting a familiar face in charge of the company’s operations across Kenya and the wider region. Ng’ang’a is not new to the company. She joined Microsoft in…
Its insurance service generated Sh287 million, reversing a Sh303 million loss reported in the first half of 2025, following improved claims management, underwriting discipline and cost control across the Group.
The traders’ position sets the stage for continued protests in Nairobi’s commercial centres, where a section of businesses remained closed on Friday in opposition to the increase in the minimum yield for a 40-foot consolidated container…
The heightened security comes as a section of businesses in the CBD remained closed on Friday, with traders joining a boycott over the increase in the minimum yield for consolidated cargo from Sh2.5 million to Sh3.2 million.
The Central Bank of Kenya (CBK) has opened a KSh10 billion Treasury bond switch auction for investors holding an existing 15-year government bond, giving them the option to move part or all of their holdings into a 10-year Treasury bond.…
CIC Insurance Group, a regional underwriter saw its net profit rise 70.3% to KSh 1.09 billion for the six months’ period ended 30th June 2026, boosted by investment return with grew 43.9% to KSh 3.96 billion. Operating profit rose 20.6% to…
SBM Bank Kenya will provide $17 million in financing to Safer Power Group to expand local manufacturing of power infrastructure through the construction of a new factory and workshop, as the lender increases support for Kenya’s green…
Vertiv will participate as an exhibitor at the International Telecoms Week (ITW) Africa 2026 event, with a strong focus on how power and cooling infrastructure can support the region’s evolving AI and digital workloads. “At ITW Africa this…
Small traders have come out to strongly contest the new threshold for containerized cargo announced by the Kenya Revenue Authority (KRA) on Tuesday. The traders held demonstrations in Nairobi over the new limit introduced for consolidated…
Nairobi’s prime office occupancy rate rose by 4.05 percent to 84.88 percent in the six months to June 2026 compared with a similar period last year.
The Nairobi Securities Exchange (NSE) recorded a sharp rise in profitability in the first half of 2026, with net profit increasing by 386 percent to Sh736.9 million on increased activity across the equities and fixed-income markets. The…
The organisation says SIEVE, its latest project in Enduata, Kajiado County, has been designed as a scalable model that can be adapted to communities facing similar climate shocks, resource constraints and vulnerabilities.
The Kenya Revenue Authority (KRA) has responded to concerns raised by small-scale traders over the taxation of consolidated cargo, explaining how customs duties are assessed and defending the revised minimum yield applied to certain…
Questions have emerged over whether the government legally owns the eCitizen platform as the National Assembly’s Committee on Delegated Legislation scrutinizes proposed regulations seeking to place the system under the control of the…
Videos circulating online showed closed shops along major commercial streets including Moi Avenue, Kenyatta Avenue and Tom Mboya Street, while some traders demonstrated against the new benchmark.
