Banks in Race to Lower Price of Loans
The boards of all licensed banks have until this November to approve a new loan pricing prescribed by the Central Bank of Kenya(CBK) – which must then be implemented by February 2026.
3 min read
Business Today Kenya
Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
Mauritius Tops Africa in 2025 Governance Index
The 2025 Chandler Good Government Index (CGGI) has ranked Mauritius as the best-governed country in Africa for the fifth straight year, followed by Rwanda in second place and Botswana in third. The announcement was made by Dinesh Naidu,…
2 min read
Turn up the Music, Get in Formation and Call Out Bad Governance
When did people begin writing and singing protest songs? Probably about five minutes after the first person in the history of the world felt wronged, cheated, or treated unfairly. Protest songs aren’t often the sort of thing one…
8 min read
Rihanna Marks 20 Years in Music With Message of Gratitude and a Look Back at a Billion-Dollar Journey
Global pop icon and entrepreneur Rihanna marked the 20th anniversary of her debut album Music of the Sun on Friday with a retrospective message to fans and collaborators, highlighting the milestones that have shaped her transformation from…
1 min read
Chloe Malle Leads Race to Take Over U.S. Vogue
Condé Nast, a global mass media company, is reportedly in the final stages of selecting a new editorial lead for Vogue magazine. And Chloe Malle, a current editor at the magazine, is emerging as the frontrunner to succeed Anna Wintour.…
2 min read
bolttech and LOOP Partners to Launch LOOP FLEX in Kenya
Global insurtech company bolttech has entered the Kenyan market through a partnership with LOOP, the fintech subsidiary of NCBA Group. The move marks the expansion of bolttech’s presence in Africa as it brings its embedded protection and…
2 min read
CIC Insurance Revenue Up to KSh 13.9B as Profit Drops 10pc
CIC Insurance Group PLC has announced its half-year financial results, showing steady growth in its insurance business alongside a strong boost from investment income. The Group’s core insurance revenue rose from Ksh 12.80 billion in the…
2 min read
Johnnie Walker Blonde Launches in Kenya
Whisky brand, Johnnie Walker, has unveiled its newest expression, Johnnie Walker Blonde, now available in Kenya as part of its global rollout.
2 min read
Standard Group Cuts Half-Year Loss, Giving Hope to Staff and Shareholders
The Standard Group Plc, the oldest media house in East Africa, has cut its half-year loss even as rapidly shifting audiences and media consumption patterns continue to hit the bottom lines of the Mombasa-road based outfit. Its unaudited…
2 min read
Kenyan Originals Launches Low-Calorie Alcoholic Drink
Kenyan Originals (KO) has announced the launch of its newest offering — KO Dry Cider — a bold and refreshing 5% ABV cider crafted for a new segment of consumers seeking a flavourful, low-calorie alcoholic beverage.
2 min read
NCBA Posts 12.6% Profit Growth in First Half of 2025
NCBA Group PLC has posted a notable improvement in its financial performance for the first half of 2025, with profit after tax rising by 12.6 per cent to Ksh 11.1 billion, up from Ksh 9.8 billion during the same period last year. The…
2 min read
Wanyonyi Triumphs in Nail-Biting 800m at Diamond League Final
Kenya’s young Olympic champion Emmanuel Wanyonyi once again thrilled the arena with a masterful performance in the men’s 800 meters at Zurich’s Letzigrund Stadium on Thursday, August 28, 2025. He dashed across the finish line in 1 minute…
2 min read
State Moves to Import Raw Sugar to Keep Factories Running
Kenya is facing a severe shortage of raw sugar that is disrupting the production of industrial sugar used in key sectors such as pharmaceuticals, food processing, and alcohol manufacturing. On Thursday, August 28, 2025, Cabinet Secretary…
2 min read
Old Mutual Profits Nosedive in First Half of 2025
Old Mutual’s investment income rose impressively to Ksh 4.2 billion in the first half of 2025, up from Ksh 3.7 billion the year before. This gain was fueled by a strong Kenyan shilling, growing asset holdings, and fair value improvements…
3 min read
Mantrac Kenya Rolls Out Loyalty Program ‘Advantage’ Amid Caterpillar’s 100-Year Milestone
Mantrac Kenya has launched a new customer loyalty program, “Advantage,” coinciding with the 100th anniversary of Caterpillar’s dealership presence in the country. The initiative aims to reward customers for their spending on Caterpillar…
1 min read
Court Blocks Ruto’s Ksh 1.2B State House Church Project
President William Ruto has suffered a major legal setback after the High Court in Nairobi stopped his plan to build a permanent church inside the State House. On Tuesday, August 26, 2025, Justice Chacha Mwita issued conservatory orders…
2 min read
Ruto Announces Hefty Cash Awards For Winning Kenyan Athletes
President William Ruto has announced changes to Kenya’s reward system for athletes who win in their disciplines in cross-border events. Speaking on Thursday, August 28, 2025, Ruto said the revision to the cash award scheme is to ensure the…
2 min read
Co-op Bank to Give KSh 10 Million Mortgages Under New Partnership
This financing option applies to homes valued at no more than KSh 15 million under the Kenya Mortgage Refinancing Company (KMRC) model.
2 min read
Rihanna’s Billion-Dollar Brand Jumps Into WNBA, Backing League’s Growth
As viewership and attendance for women’s sports surge, major brands are investing to capture a rapidly growing audience. Rihanna’s multi-billion-dollar brand, Fenty, is a prime example. In May, the company signed its first beauty and skin…
2 min read
flynas Launches Direct Flights From Nairobi to Riyadh
flynas, the Middle East’s leading low-cost carrier, has announced the launch of three weekly direct flights between Riyadh, Saudi Arabia, and Nairobi, Kenya, beginning 2nd October, 2025
1 min read
What Caused Turbulence in KQ Half-Year Flight
Kenya Airways(KQ) has reported a KSh 12.15 billion half-year net loss, a reverse from a KSh 513 Million net profit at the end of the first half of 2024. This is a dramatic reversal of fortunes, since kQ had made a full year net profit of…
3 min read
Melania Trump Declined an Offer from Vanity Fair, According to Sources
Melania Trump, First Lady of the United States, has declined an offer to be featured on the cover of Vanity Fair, according to people familiar with the matter. The proposal was made by the magazine’s new global editorial director, Mark…
1 min read
CBK Powerful Loan Pricing Tool Offers Major Relief to Borrowers
The Central Bank of Kenya (CBK) has issued new guidelines that will assist banks to price their loans to retail customers. The Risk-Based Credit Pricing Model (RBCPM) takes effect on 1st September 2025.
2 min read
Safaricom Expands Focus on MSMEs in Push to Grow Beyond 8% of GDP
Safaricom has announced a renewed pledge to help micro businesses grow into SMEs and even large enterprises, aiming to lift its contribution to Kenya’s GDP beyond eight per cent. In Kenya at the moment, businesses with fewer than ten…
3 min read