Kenyans Live

Business Today Kenya

Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.

SBM Bank Swings to Strong Growth with Ksh246M Q1 Profit
Business Today KenyaBusiness

SBM Bank Swings to Strong Growth with Ksh246M Q1 Profit

SBM Bank Kenya has posted a strong profit before tax of Ksh 246 million for the first quarter of 2026, a sharp jump from Sh12 million recorded in the same period last year, underlining steady progress in its turnaround strategy. The…

3 min read
Amsons Bets Bigger on Kenya as Infrastructure Demand Grows
Business Today KenyaBusiness

Amsons Bets Bigger on Kenya as Infrastructure Demand Grows

Amsons Group is betting big on Kenya’s future, with the Tanzanian conglomerate signalling plans to expand its investments as demand for infrastructure continues to rise. The company’s chief executive, Edha Nahdi, said Kenya offers strong…

2 min read
Absa Bank Kenya Pumps KSh100m into Refreshed Asset Financing Product
Business Today KenyaBusiness

Absa Bank Kenya Pumps KSh100m into Refreshed Asset Financing Product

Absa Bank Kenya has unveiled a revamped asset financing proposition aimed at deploying KSh 100 billion over the next three years to businesses and individuals. The Absa Bank Asset Finance enhanced offering is designed to improve access to…

3 min read
Isuzu Leads Kenya Auto Market with 2,036 Q1 Sales
Business Today KenyaBusiness

Isuzu Leads Kenya Auto Market with 2,036 Q1 Sales

Isuzu East Africa has tightened its grip on Kenya’s new vehicle market after selling 2,036 units in the first three months of 2026, maintaining a wide lead over its rivals. Data from the Kenya Motor Industry Association shows that CFAO…

2 min read
CA Targets Cable Mess with New Rules on Telecom Installations
Business Today KenyaBusiness

CA Targets Cable Mess with New Rules on Telecom Installations

The Communications Authority of Kenya (CA) has opened the door for public input on a fresh set of rules that could change how telecom cables are installed and maintained across the country. In new draft guidelines released for 2026, the…

2 min read
Rural Kenya Emerges as the New Growth Engine for E-Commerce
Business Today KenyaNews

Rural Kenya Emerges as the New Growth Engine for E-Commerce

Rural Kenya is fast becoming the backbone of the country’s digital retail economy, as new data shows online shopping is expanding more rapidly outside major towns than within cities. According to Jumia Kenya’s second Rural E‑Commerce…

3 min read
Social Media Tops Kenya’s Main News Source as TV and Radio Trail Behind
Business Today KenyaBusiness

Social Media Tops Kenya’s Main News Source as TV and Radio Trail Behind

Kenyans are increasingly turning to their phones for news, with social media now taking the lead over traditional platforms like TV and radio, new findings show. A 2025 State of the Media report by the Media Council of Kenya paints a clear…

2 min read
Car&General Huge Net Earnings lights up NSE
Business Today KenyaBusiness

Car&General Huge Net Earnings lights up NSE

Car& General sterling financial performance in 2025 that saw its net earnings rise 365% to KSh 2.93 billion against KSh 526Mn made during the previous financial year. and a 327.1% rise in Dividend per Share to KSh 3.42 continues to excite…

2 min read
I&M Bank Medium-Term Note (MTN) – What You Need to Know
Business Today KenyaFEATURED ARTICLE

I&M Bank Medium-Term Note (MTN) – What You Need to Know

I&M Bank Kenya is currently issuing corporate bonds under a KSh 20 billion programme, with the first tranche targeting KSh 10 billion. In simple terms, this means investors are lending money to the bank, which will be used to support…

2 min read
StanChart Bank Kenya to Sell Chiromo HQ
Business Today KenyaBusiness

StanChart Bank Kenya to Sell Chiromo HQ

StanChart Bank Kenya Limited plans to dispose its Chiromo headquarters in Westlands, Nairobi, as part of a strategic shift toward an “asset-light” model, with the sale expected to be complete by June 2026. The seven-storey StanChart Bank…

3 min read
Finance Bill 2026: What Kenyans Should Expect From New Finance Law
Business Today KenyaECONOMY

Finance Bill 2026: What Kenyans Should Expect From New Finance Law

Kenya’s Finance Bill 2026 marks a strategic shift in fiscal policy, with the government prioritising expansion of the tax base and structural reforms over headline tax increases. The government says the move is aimed at stabilising public…

2 min read
Equity Life Profit Rises 16.2% to Ksh1.24B as Digital Growth Accelerates
Business Today KenyaBusiness

Equity Life Profit Rises 16.2% to Ksh1.24B as Digital Growth Accelerates

Equity Life Assurance (Kenya) Limited posted solid financial results for the year ending December 31, 2025, with strong growth across earnings, assets, and customer reach. The performance reflects a business that is scaling quickly while…

1 min read
Murang’a Governor Kang’ata Won’t Seek Re-Election on UDA Ticket
Business Today KenyaNews

Murang’a Governor Kang’ata Won’t Seek Re-Election on UDA Ticket

In a striking political shift hours after appearing alongside President William Ruto, Murang’a Governor Irungu Kang’ata announced Sunday that he will not seek re-election in 2027 on the ticket of the ruling United Democratic Alliance (UDA)…

1 min read
8 Kenyan Workers Detained in Libya Amid Unpaid Wages
Business Today KenyaNews

8 Kenyan Workers Detained in Libya Amid Unpaid Wages

A Kenyan woman living in Libya has issued a desperate plea to the authorities back at home after eight Kenyan migrant workers were arrested and imprisoned in Benghazi following a confrontation over months of unpaid salaries. Monica…

1 min read
FIFA Receives FKF Letter Over President Hussein Mohammed Suspension Row
Business Today KenyaNews

FIFA Receives FKF Letter Over President Hussein Mohammed Suspension Row

The Football Kenya Federation (FKF) has submitted a detailed response to FIFA, defending its decision to suspend president Hussein Mohammed amid a deepening leadership crisis that has drawn scrutiny from the world soccer governing body and…

1 min read
KRA Tightens Grip on Landlords With New Rental Tax Rules
Business Today KenyaNews

KRA Tightens Grip on Landlords With New Rental Tax Rules

The Kenya Revenue Authority (KRA) is seeking public input on ambitious new regulations that will significantly strengthen oversight of residential rental income from thousands of landlords across the country. Through the draft Income Tax…

1 min read
President Ruto Allocates 30pc of Government Advertising to Creatives
Business Today KenyaECONOMY

President Ruto Allocates 30pc of Government Advertising to Creatives

President William Ruto announced Saturday that 30% of government advertising spending will be directed to creative platforms such as TikTok, aiming to channel public resources into the country’s film, music, and digital content industries…

2 min read
Siaya Governor James Orengo Denies Being Chased From Seme Burial
Business Today KenyaNews

Siaya Governor James Orengo Denies Being Chased From Seme Burial

Siaya Governor James Orengo has rejected reports that he was forcibly requested to leave a burial ceremony in Seme, Kisumu County, insisting his departure was pre-planned and unrelated to the disorder that marred the event. In a statement,…

1 min read
Irrigation Project Turns Homa Bay Swampland into Thriving Rice Farming Hub
Business Today KenyaFEATURED ARTICLE

Irrigation Project Turns Homa Bay Swampland into Thriving Rice Farming Hub

A vast stretch of once waterlogged land in Homa Bay County is rapidly being transformed into a productive agricultural zone, as a government-backed irrigation scheme breathes new life into rice farming and local livelihoods. More than…

1 min read
KCB Targets SMEs and Gig Workers in Mortgage Drive
Business Today KenyaBusiness

KCB Targets SMEs and Gig Workers in Mortgage Drive

KCB Bank Kenya has changed its mortgage lending model, targeting small businesses and informal sector workers in a bid to grow home ownership in the country. The lender says it will now assess borrowers using transaction data and financial…

3 min read
Ruto Reduces Affordable Housing Deposit Requirement from 10% to 5%
Business Today KenyaNews

Ruto Reduces Affordable Housing Deposit Requirement from 10% to 5%

Kenya’s push to make home ownership more attainable took a fresh turn on Labour Day 2026, after President William Ruto announced a key change to the Affordable Housing Programme. In a move likely to resonate with many salaried workers, the…

3 min read