Latest business stories from across Kenya.
The County Government of Embu has committed Sh25 million for the construction of a modern parchment coffee warehouse with a capacity of 30,000 bags. The warehouse will be constructed at the Embu County Coffee Mill located in Kavutiri in…
Treasury Cabinet Secretary John Mbadi said the Government followed due process, including obtaining approval from Cabinet and Parliament, before selling part of its shareholding in the telecommunications company.
Kenya is on course to export its first crude oil from Turkana in the first quarter of 2027, with production expected to begin in December 2026, the Energy and Petroleum Regulatory Authority (EPRA) has announced. Speaking in Nairobi during…
In a landmark ruling, the High Court of Kenya has nullified the State’s Ksh. 204 billion sale of a 15% stake in Safaricom PLC to Vodafone Kenya Limited and effectively Vodacom Group Limited. A three-judge bench, comprising Justices Francis…
The People’s Bank of China’s approval of Standard Bank Group, and its local subsidiary, Stanbic Bank Kenya, as Africa’s official Renminbi (RMB) clearing hub marks a structural shift in Kenya–China economic ties. By enabling direct Yuan…
Apple has expanded access to Apple TV+ and Apple Arcade by incorporating both services into standard iCloud+ plans. The move brings Apple’s original video streaming library directly to users in Kenya without requiring standalone streaming…
When NCBA launched Loop, the promise was clear: an all-in-one digital banking experience designed to liberate retail users from the constraints of traditional branch banking. Armed with slick mobile tools, budgeting features, and branded…
Kenya has an STRI score of 30.3, which measures restrictions imposed by a country’s regulatory and policy framework on trade in services, including road transport.
The Dangote Petroleum Refinery Initial Public Offering (IPO) is now open to investors, giving Kenyans the chance to buy shares in the Nigerian oil refinery on their mobile phones. Nigerian billionaire Aliko Dangote is offering about 3…
The UK government is in discussions about joining a global investment bank aimed at raising more money for defence spending. Chancellor John Healey is considering a bid to join the Defence, Security and Resilience Bank (DSRB), not long…
In a filing to the Johannesburg Stock Exchange, Vodacom said it will appeal the judgment at the Court of Appeal and seek orders temporarily suspending its implementation pending the appeal.
The Signature Select Variable Capital Company (VCC) platform allows eligible investors to spread their money across different investment strategies instead of relying on a single portfolio.
Kenya’s tourism prospects are set for a significant boost following Nairobi’s historic selection as host city of the 2029 World Athletics Championships, making it the first African city in the competition’s 47-year history to be awarded…
The Middle East recorded 20,480 visitors to Kenya in the 2025/26 financial year, with Israel, Yemen and Iran accounting for 48 percent of the arrivals. The United Arab Emirates and Saudi Arabia contributed 10 percent and seven percent…
Renowned entrepreneur behind Nairobi-based restaurant chain Wakalucy Fish Palace, Monica Waithera Chege, popularly known as Wakalucy across Nairobi’s streets and beyond, has died. According to reports from friends, customers, and fellow…
Kenya’s energy sector can strengthen consumer protection and security of supply through improved planning, investment in infrastructure and closer collaboration among regulators, industry players and other stakeholders. The discussions…
NAIROBI, Kenya, Sept 15 – More than 300 policymakers, regulators, investors and development finance leaders from over 20 African countries are meeting in Nairobi to explore ways of directing more…
Water, Sanitation and Irrigation Cabinet Secretary Eric Mugaa said the government was using hydrometric and gauging stations to monitor river flows and provide early warnings to communities.
Equity Group has received worldwide recognition from Forbes, which placed the East African lender at 71st globally in its 2026 ranking of lower mid-sized banks. The lender was also the highest-ranked Kenyan bank, ahead of KCB, Cooperative…
Nairobi City County is seeking a private-sector partner to finance and develop a mixed-use complex in Eastleigh. The county has invited bids for the design, financing, construction and sale or operation of a mixed-use development on a…
Kenya’s High Court has ordered the reversal of Vodacom’s $1.6bn purchase of a 15 per cent stake in Safaricom, dealing a major blow to the South African telecoms group and raising questions over the Kenyan government’s programme of…
With the 2027 polls approaching, the Ambassador said the partnership could play a pivotal role in strengthening public broadcasting at a time when the media is likely to come under increased scrutiny
Stanbic Bank Kenya appointed Michael Mutiga as chief executive officer after receiving regulatory approval, putting a veteran investment banker and former Safaricom executive in charge of the lender as it seeks to build on strong earnings…
Airtel Africa Plc is shutting down its Kenyan wholesale fiber venture after two years without generating revenue, highlighting the difficulty of breaking into a market where established operators already control much of the country’s fiber…
