Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
A multi-year effort by Centum Investment Company to buy back its own shares has come to an end, with the company purchasing only a fraction of what it had initially planned. The investment firm, listed on the Nairobi Securities Exchange,…
A recent dip in Kenya’s foreign exchange reserves is highlighting the growing pressure on the country’s external position, even as authorities move to calm concerns about the stability of the shilling. Data from the Central Bank of Kenya…
A planned multibillion-shilling takeover of East African Breweries PLC (EABL) has been given the green light after the High Court threw out a case that had temporarily stopped the deal. In a ruling, the court lifted all earlier orders that…
Fresh details have emerged of a high-level crisis meeting convened under the National Security Council Committee (NSCC), revealing the turning point behind recent policy decisions in Kenya’s petroleum sector. Documents quoted by the Daily…
Britam Connect, the micro-insurance arm of Britam Holdings Plc, has partnered with Montezuma Funeral Home to introduce the Heshima Farewell Plan, a last-expense policy designed to support Kenyan families during times of loss. The launch…
Uchumi Supermarkets has scheduled its first Annual General Meeting (AGM) since 2018 for 29 April 2026. Shareholders will be asked to adopt eight years of previously unadopted financial statements, spanning financial year 2018 through 2025,…
CBK(Central Bank of Kenya) Monetary Policy Committee (MPC) decided to maintain the Central Bank Rate (CBR) at 8.75 percent, during its meeting held on April 8, 2026. During its deliberations, the CBK noted that the conflict in the Middle…
KenGen Plc, the world’s 7th largest geothermal power producer, has convened and will hold an Extraordinary General Meeting(EGM) April 30th 2026. Shareholders will be able to register and follow meeting, vote electronically, ask questions…
The government has unveiled plans to overhaul Nairobi’s ageing sewer infrastructure, with Interior Principal Secretary Raymond Omollo warning that the current system, built in 1970, can no longer meet the demands of the rapidly expanding…
This Easter season, SportPesa Kenya is bringing a fresh wave of excitement to casino lovers with its vibrant spin Easter campaign.
As queues grow at petrol stations in several towns, Kenya Pipeline Company (KPC) has moved to reassure Kenyans that the country is not running out of fuel. The state agency says it has enough petroleum products stored across its network…
A new ruling has handed Kenyan businesses a significant win in their long-running battles with the taxman, after the Tax Appeals Tribunal stopped the Kenya Revenue Authority (KRA) from imposing additional costs while tax disputes are still…
President William Ruto has nominated former Kenya Revenue Authority Commissioner General Humphrey Wattanga as Kenya’s High Commissioner to South Africa, in a fresh round of diplomatic changes targeting key foreign missions. The nomination,…
Lilian Nyawanda has been tapped to take over the leadership of the Kenya Revenue Authority (KRA) in an acting capacity, marking a shift at the top of the country’s main tax agency. Her appointment follows the exit of Commissioner General…
President William Ruto has assented to the Supplementary Appropriations Bill, 2026, authorizing an additional KSh393 billion in government spending and raising the total national budget from KSh4.3 trillion to KSh4.69 trillion. In a…
A section of youth leaders and aspiring politicians linked to the Orange Democratic Movement (ODM) have come out strongly against zoning arrangements, terming the practice undemocratic and a barrier to youth participation in politics.…
Fresh payments to road contractors are set to inject new life into Kenya’s infrastructure sector, after years of stalled projects and mounting unpaid bills. Roads Principal Secretary Joseph Mbugua said the government will release at least…
Athi Water Works Development Agency is under pressure after it emerged that it is failing to collect more than half of the money it bills for water services, raising questions about efficiency and the future of key infrastructure projects.…
The Kenya Revenue Authority (KRA) has crossed the Ksh 2 trillion mark in tax collections, pointing to a steady rebound in revenue despite pressure on households and businesses. Fresh data shows the taxman collected Ksh 2.04 trillion…
Kenya’s March inflation figures edged up slightly to 4.4% compared to 4.3% in February as the Gulf Crisis begun to manifest in the local economy. The price of food was the biggest contributor for the inflation spiral with tomatoes and beef…
A group of young politicians has come out strongly against emerging zoning proposals linked to a possible 2027 electoral arrangement between the Orange Democratic Movement (ODM) and the United Democratic Alliance (UDA). Speaking in Nairobi…
Kenya Purchasing Managers Index(PMI) fell to 47.7 in March, down from 50.4 in February 2025, an indication of a deterioration in business operating conditions for the first time since August 2025. This also marks the fourth consecutive…
Commercial banks are urging the Central Bank of Kenya (CBK) to hold its key lending rate steady, warning that the economy is facing renewed pressure both locally and globally. Through the Kenya Bankers Association (KBA), lenders say…
Nairobi Business Ventures(NBV) Plc Board of Directors has issued a profit warning for the financial year ending March 2026. The listed NBV, which has originally a shoe company, expects its total earnings to decline by at least 25% compared…
