Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
A finance bill is simply an annual legislative proposal submitted to the National Assembly by the National Treasury to introduce new taxes or amend existing revenue laws to fund the national budget. The Kenya Finance Bill 2026, published…
Kenya is accelerating efforts to diversify its tea export markets and expand value-added tea products as the government moves to shield the sector from global price volatility and overreliance on traditional buyers. Agriculture Cabinet…
President William Ruto has intervened to block the National Transport and Safety Authority from enforcing a ban on colourful graffiti, decorative artwork and tinted windows long synonymous with the country’s public transport. Speaking at…
Agriculture Cabinet Secretary Mutahi Kagwe has defended the newly introduced tea levy, saying the policy is designed to strengthen Kenya’s tea sector through better marketing, research, branding and value addition initiatives aimed at…
National Bank of Kenya (NBK), which was acquired by Access Bank of Nigeria last year, recorded Ksh1.03 billion in profit after tax for the first quarter ending 31st March 2026
Parliament has been told that the Hustler Fund is facing a Ksh 5 billion liquidity shortage that has disrupted lending and left thousands of small borrowers unable to access credit, especially under the bridge loan facility. The revelation…
Safaricom, together with the M-PESA Foundation, has pledged Ksh 114 million to support conservation work and the 2026 edition of the Rhino Charge, in a move that underscores the growing reliance on private sector funding to protect Kenya’s…
The expansion of the Lower Kuja irrigation scheme in Migori County is driving a major economic revival in the region, with renewed rice farming activities creating jobs, boosting household incomes and transforming livelihoods for hundreds…
Kenya Power, the state-owned electricity distributor, has announced a record growth in income from the e-mobility sector with sales surging by over 113% in three years and cumulatively earning KSh 382 million in revenue. The monthly…
CBK (Central Bank of Kenya) accepted bids worth KSh 36.59, falling below the KSh 50 Billion target it was seeking for budget spending in May, just weeks before the 2026/27 budget. CBK will use proceeds worth KSh 26.34 Billion from the May…
The High Court ruled Wednesday that key provisions of the Kenya’s Sexual Offences Act cannot be applied to minors engaged in consensual sexual relationships, a decision welcomed by rights groups as a landmark moment for adolescent sexual…
Kenya is often celebrated as the global blueprint for digital payments. And rightly so. Few markets can match the depth and everyday relevance of mobile money in the country. Today, over 47 million Kenyans actively use mobile money,…
Equity Group Holdings insurance business continued to strengthen its contribution to earnings in the first quarter of 2026, emerging as the third key growth engine after banking and payments.
KCB Group Plc shareholders have approved a total dividend payout of Ksh22.5 billion for the financial year ended 31st December 2025. The payout, approved at the Annual General Meeting today, comprises an interim and special dividend of…
Akili AI, a UK and Nairobi-based artificial intelligence company, has launched Akili Snapshot and Akili Assured — the first AI readiness and governance tools built specifically for enterprises in Kenya and the rest of Africa.
Kenya’s new vehicle market has recorded a solid rebound in the first four months of 2026, driven by cheaper credit, improving business activity, and stronger demand from the logistics and construction sectors. Data from the Kenya Motor…
As millions of Kenyans in arid and semi-arid regions continue to struggle with food shortages, the government has asked Parliament to approve an additional Ksh 19.9 billion to strengthen drought response and emergency relief efforts. The…
Kiharu MP Ndindi Nyoro has moved to Parliament seeking major reductions in fuel taxes and levies in a fresh push to lower the cost of fuel and ease pressure on Kenyan households and businesses struggling with the high cost of living. The…
Wajir County is set to host its first major national event venue since independence, with the construction of the ultra-modern Wajir Stadium now reaching 84 per cent completion ahead of this year’s Madaraka Day celebrations. Interior…
East African Cables has been acquired by Cable Experts Limited. In this transaction, TransCentury Plc (now under receivership), East African Cables’ parent company, has signed a share purchase agreement that will see the offloading of its…
NCBA Group posted a 9% rise in first-quarter profit as higher income from lending and digital banking offset a sharp increase in credit-loss provisions amid a volatile operating environment. The Nairobi-based lender said profit after tax…
KCB Group recorded Ksh24.4 billion in pre-tax profit for the first quarter ending March 31, 2026, representing a 15.3% growth, compared to Ksh21.2 billion a similar period last year.
Kenya’s sports sector is heading into one of its biggest spending years yet, with the State Department for Sports asking Parliament to approve a Ksh 32.24 billion budget for the 2026/27 financial year as the country steps up preparations…
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