Latest business stories from across Kenya.
Joho said the government will advertise the management of Lake Magadi operations, with prospective investors required to demonstrate how their operations will benefit the local community and the country.
Kenya’s collective investment sector has edged closer to the Sh1 trillion mark as individual and institutional investors channel significant capital into unit trust schemes, according to official regulatory data. The Capital Markets…
Uber last week announced it had withdrawn from Nigeria and Uganda with immediate effect creating an illusion that it was giving more room to its competitors such as Yango, inDrive, Bolt, Little among other local operators, but the…
Kenya Power is investing approximately KSh 765 million in the construction of two new substations to strengthen the quality and reliability of electricity supply in Kwale and Kilifi counties. Kenya Power is nearing completion of the Bomani…
Bolt has marked 10 years of operations in Kenya after investing more than Ksh 19 billion in the country since entering the market in 2016. The ride-hailing company says more than eight million riders have used its platform over the past…
Kenya’s business environment is facing renewed attention following the government’s move to crack down on foreigners operating small-scale businesses without the required documentation. The development has brought together two important…
The fire is said to have started near Rutundu Lodge in the moorlands last week and spread rapidly due to strong winds and high temperatures.
When banks were reluctant to finance their work, a HEVA Fund facility gave Story Zetu the confidence and capital to move from small theatre productions to sold-out shows, create jobs and improve pay for actors and crew.
Kenya’s currency strengthened slightly against the US dollar on Monday, maintaining the stability that has characterised the foreign exchange market in recent weeks. Central Bank of Kenya (CBK) data showed the shilling exchanged at…
NAIROBI, Kenya, Sept. 7 – The Kenya Revenue Authority (KRA) says it is working with importers and other stakeholders to ensure faster and smoother cargo clearance following the introduction of…
James Mworia, the man who has run Centum Investment for nearly two decades, has a new job. Starting September 7, 2026, he is the founding CEO of Kenya’s National Infrastructure Fund (NIF), a new state-backed institution meant to pull in…
When people think of high-performance off-road motorcycles, more power and higher speeds often come to mind first. But once the terrain turns to rocks, ruts, short climbs, tight corners or repeated changes in elevation, some of the most…
In a statement, M-KOPA said the move will allow tuk-tuk operators to acquire electric vehicles through its pay-as-you-go financing model, which spreads payments over time and reduces the upfront cost of purchasing a vehicle.
Wiper Party leader and former Vice President Kalonzo Musyoka has criticised the government’s crackdown on foreigners engaging in illegal trade, saying the approach does not address the real challenges facing Kenyan small businesses.…
When I&M Group published its 2025 Sustainability Report, Regional CEO Kihara Maina described it as both an accountability milestone and a statement about the kind of institution we want to become. That statement captures a fundamental…
The new facility is expected to ease pressure on the Kilifi and Bamburi 132/33kV substations, which currently supply the areas.
The cuts will happen over the next two years and will mostly affect the head office, which is based in the UK.
The Kenya Revenue Authority (KRA) has moved to clarify concerns raised by clearing agents, motor vehicle dealers and other stakeholders over cargo clearance procedures, saying the requirements for export declarations are grounded in law.…
African Banking Corporation Limited (ABC Bank) has gone live on the Pan-African Payment and Settlement System (PAPSS), enabling customers to send and receive payments across 28 participating African countries instantly, securely and…
The Kenya Revenue Authority (KRA) has clarified the legal requirements for cargo clearance after clearing agents, motor vehicle dealers, and other stakeholders raised concerns. In a statement on September 7, the Commissioner, Customs &…
Bolt is marking 10 years of operations in Kenya after investing more than KSh19 billion in the local market, connecting over 8 million riders. The ride-hailing platform has also created income opportunities for more than 170,000 drivers…
Kenya’s Stanbic Bank Kenya Purchasing Manager’s Index(PMI) fell to 49.7 in August, signalling a decline in operating conditions for Kenyan firms for the first time in three months in August. This is supply shortfalls and cost saving…
NAIROBI, Kenya, Sept 4 – Kenyan creators with AdSense for YouTube accounts based in Kenya have until October 1, 2026, to submit their Kenyan Personal Identification Number (PIN), with Google…
Kenya Power expects to strengthen the quality and reliability of electricity supply in Kwale and Kilifi counties after investing Ksh 765 million in two new substations. The firm says the Bomani 132/33kV substation in Kilifi County which is…
