Latest business stories from across Kenya.
NAIROBI, Kenya, Sep 5-Kenya has welcomed the extension of the African Growth and Opportunity Act (AGOA) to the end of 2028, with the government urging exporters and manufacturers to use…
SIB (Standard Investment Bank) has overtaken Sanlam Allianz to become Kenya’s largest fund manager in the second quarter of 2026. Mansa-X, owned by SIB saw its Assets Under Management(AUM) rise 23% to KSh 188.6 billion from KSh 153.2…
Kenya’s milk market is dominated by a handful of major processors, but the people and institutions behind the brands on supermarket shelves vary widely, from the Kenyatta family and international investors to thousands of dairy farmers and…
For more two decades, Tata Chemical has been conducting its mining operations at the largest soda ash mine in Lake Magadi, Kajiado County uninterrupted. However on July 29, 2026, Mining and Blue Economy Cabinet Secretary Hassan Joho issued…
KRA will add stock management to eTIMS and TIMS invoicing, with business consultations from September 2026 before any rollout.
NAIROBI,Kenya, Sep 4- Kenya’s banking sector is set to play a bigger role in financing climate and biodiversity projects under a new five-year partnership aimed at turning more green businesses…
The NSE (Nairobi Securities Exchange) ended the August trading period on a bullish mood with the 10, 20 and 25-Share Indices edging upwards by 6.7%, 5.7% and 5.9%, respectively, compared to July. Safaricom was the top traded stock,…
The Kenya Revenue Authority (KRA) has announced a tax amnesty on interest, penalties and fines for eligible taxpayers with tax liabilities dating back to periods up to December 31, 2025. According to a public notice issued on September 4,…
NAIROBI, Kenya Sep 4 – Kenya’s public workforce has crossed the 1 million mark and reached 1.07 million employees, piling pressure on the government’s wage bill as the cost of…
Justice Lawrence Mugambi declared unconstitutional the October 1, 2024 opinion by Solicitor-General Shadrack Mose, saying the Attorney-General’s office had exceeded its mandate by determining a conflict-of-interest matter that should be…
I&M Group has officially launched its 2025 Sustainability Report. The report outlines an ambitious roadmap to integrate sustainability directly into the institution’s core strategy, governance, risk management, and lending operations…
The project is expected to improve electricity supply to businesses and industries in Machakos, Konza, Kajiado and Namanga, as well as the Namanga border crossing with Tanzania.
Drivers in the US are paying more than ever for diesel at the pump as the US-Israel war with Iran continues to hit Americans’ wallets. In the US, diesel is mostly used by commercial vehicles, such as trucks, trains, boats, buses, farming…
Apple’s filing sets John Ternus’s target pay at USD 58 million and Tim Cook’s at USD 47 million as chair.
Kenya’s WapiPay is expanding its network into the Caribbean through a partnership with Jamaica’s JN Money Services, opening a new payment corridor linking Jamaica with markets in Africa and Asia, months after it announced entry into the…
In her ruling, Lady Justice Rhoda Rutto certified as urgent the matter filed by RUPSA NWDT Sacco Society Limited against KUSCCO and directed the petitioners to serve the respondents, liquidators and any other person likely to be affected…
The Public Procurement Administrative Review Board found deficiencies in the identification of applicable standards, requirements for international tenderers and the allocation of technical evaluation scores.
Eric Osiakwan In addtion to the two Dangote group IPOs this year, two Chinese tech firms with predominantly African operating businesses are seeking to list on the Stock Exchange of Hong Kong (ESHK). Transsion, whose Tecno, Infinix, and…
Argentina’s president has heightened tensions with the UK over the Falkland Islands, warning he will impose economic sanctions on firms which exploit oil close to the British overseas territory. In a national address, Javier Milei said the…
Kenya’s business activity weakened in August as the headline Purchasing Managers’ Index fell to 49.7 from 51.3 recorded in July due to rising costs of raw materials and reduced stock purchases. According to Stanbic Bank PMI readings, while…
Nairobi Senator Edwin Sifuna has criticised President William Ruto over the government’s decision to suspend Tata Chemicals Magadi Limited’s mining operations, warning that the move could undermine investor confidence in Kenya. Sifuna said…
Dangote announced plans in April to expand his refining business into East Africa, with the Lamu facility expected to be modelled on his refinery in Nigeria.
Kenya has emerged as Africa’s leading mergers and acquisitions market by value after companies recorded transactions worth Ksh 186.4 billion in the first half of 2026. The strong performance was largely driven by major banking…
OpenAI also reported elevated error rates affecting ChatGPT and its AI coding tool Codex. A routing error beginning at around 7:43 a.m. Pacific Time (1443 GMT) prevented some users from accessing ChatGPT and Codex across multiple…
