Latest business stories from across Kenya.
NAIROBI, Kenya, Sept 11 – A Kenyan travel technology startup is seeking to make international connectivity easier for travellers by eliminating the need for plastic SIM cards and reducing reliance…
FirstRand CEO Mary Vilakazi told South African news website BusinessDay that the group has been looking for opportunities in Kenya for some time but has yet to identify a deal that meets its requirements.
WASHINGTON, Sept. 11 (Xinhua) — The International Monetary Fund (IMF) said Thursday that the global economy has been resilient despite six months of war between the United States and Iran,…
Kenya’s Standard Gauge Railway (SGR) recorded an operating profit of Sh3.2 billion in the 2025/26 financial year, marking a significant improvement in the performance of the railway. Kenya Railways Corporation Managing Director Philip…
The Kenya Universities and Colleges Central Placement Service (KUCCPS) is seeking Sh990.3 million in the 2026/27 supplementary budget to facilitate the acquisition of office premises in Nairobi. KUCCPS said the project is expected to cost…
Mastercard has entered a strategic collaboration with Flowcart to embed secure, seamless card payments directly within social and conversational commerce journeys. Initially launching in Kenya, the collaboration will expand across East…
The partnership comes after Kenya opened its first resident High Commission in Kingston in July. Kenya’s High Commissioner to Jamaica, Mwenda Karisa, said the deal could support closer economic ties between the two countries.
The 25-week programme is being implemented by Power Learn Project (PLP), the International Labour Organization (ILO), Microsoft and the Garissa County Government, with support from the Netherlands Government under the PROSPECTS Partnership.
FirstRand, a major player in South Africa’s banking business is seeking to acquire a bank in Kenya as more banking firms from the South fall over each other to get a piece of Kenya’s booming banking business. At present, FirstRand…
East African submarine cable landscape has reached a defining milestone as a Mauritius-based ICT infrastructure developer, Indoi Ltd (IOX) launches, LuLu, Kenyan coast’s first fully protected undersea cable system. LuLu Coastal Cable…
KUCCPS said it has written to Parliament seeking the inclusion of the project in the supplementary estimates for the 2026/27 financial year to pave the way for the tendering process.
After years of operating without making a profit, Kenya’s Standard Gauge Railway (SGR) has finally crossed into positive territory, posting an operating profit of Ksh 3.2 billion in the 2025/26 financial year. The milestone comes nine…
The Central Bank of Kenya (CBK) is seeking public views on proposed changes to banking rules that could reshape how lenders manage risks and are supervised. The regulator has released draft revised Prudential Guidelines, Risk Management…
Omari, who has served as the bank’s Interim Managing Director and CEO since July 1, 2026, previously held the position of Chief Financial Officer, a role he occupied since 2009.
The Daily Pressure of Running a Small Business By 7am, the hardware stores along Gikomba Road are already alive. One customer wants iron sheets delivered to a site in Kitengela. Another is bargaining over the price of paint buckets. A…
NAIROBI, Kenya, Sept 10 – Financial sector leaders have called for better data sharing and stronger links between financial platforms to help lenders access reliable information and increase access to…
The Family Group Foundation has partnered with the Kenya Forest Service (KFS) to support restoration efforts in the Ngong Hills Forest Ecosystem through the Foundation’s ongoing development of a one-million tree seedlings nursery project.…
CBK (Central Bank of Kenya) accepted KSh11.02 billion out of KSh13.52 billion in bids in its latest Treasury Bond Switch Auction. According to results published by CBK, the KSh10 billion switch was 135.24% subscribed, with the 10-year…
Absa Bank Kenya has confirmed Yusuf Omari as its Managing Director and Chief Executive Officer, effective immediately. The board announced the decision on September 10, 2026, after securing the necessary regulatory and internal approvals.…
KCB Group has been named among the world’s top-performing banks in the inaugural Forbes World’s Top Performing Banks 2026 ranking, giving Kenya one of the 500 spots on a new global benchmark focused on banks’ financial performance rather…
Absa Bank Kenya has appointed Yusuf Omari as Managing Director and Chief Executive Officer, effective immediately. The bank announced the appointment on Thursday, September 10, 2026, after completing the required regulatory and internal…
Absa Bank Kenya has appointed Yusuf Omari as Managing Director and Chief Executive Officer of Absa Bank Kenya two months afterAbdi Omari resigned to join I&M Group. His tenure starts immediatelyfollowing receipt of all required regulatory…
Absa Bank Kenya’s Board of Directors has today appointed Yusuf Omari as Managing Director and Chief Executive Officer of Absa Bank Kenya, with immediate effect, after meeting all required regulatory and internal approvals. Mr Omari has…
Kadaga said President William Ruto’s directive to crack down on illegal foreign traders should not be interpreted as an order to expel Ugandans from Kenya, but as a call for them to register and obtain the necessary permits and licences.
