Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
Inflation in the month of May 2026 edged up to 6.7% from 5.6% in April, pushed up by rising global fuel prices. the highest levels last seen in January 2024. This inflation trend has now brought into sharp focus, the next monetary policy…
An AWS Outpost is a fully managed infrastructure solution delivered as physical hardware and software installed directly at a local facility, fully integrated with the global AWS cloud network.
Equity Group Holdings will seek approval from shareholders to incorporate two insurance business units in the Democratic Republic of Congo(DRC). This is as soon as the regional lender get a nod from shareholders at its 22nd Annual General…
Credit Bank took decisive actions in the first quarter of 2026 to strengthen its liquidity position and pivot the bank for a return to sustained profitability. While the Bank recorded a before-tax loss of Kes 26.6 million in the quarter…
The long-running dispute over Cytonn’s Alma residential project in Ruaka has taken a decisive turn after the Court of Appeal cleared the way for the property to be sold, paving the path for SBM Bank Kenya to recover a large unpaid loan…
Marginalised counties are set to receive KSh16.8 billion for basic services after Parliament approved the Equalisation Fund Appropriations Bill, 2025, paving the way for presidential assent. The Bill, sponsored by Budget and Appropriations…
Credit Bank has reported a reduced pre-tax loss of Ksh 26.6 million in the first quarter of 2026, compared to Ksh 68 million recorded in a similar period last year, as the lender intensified efforts to strengthen its liquidity position and…
Bloomberg News has unveiled the second edition of its ‘Africa Startups to Watch List’, featuring 25 companies that represent some of the smartest ideas from founders across the continent.
A new government move has once again put Kenya’s rice sector in focus, after authorities ordered state agencies to immediately step in and buy unsold rice stocks from farmers in Mwea. The decision is aimed at cushioning producers who are…
The Co-op Bank of Kenya has been recognised as the SME Bank of the Year in Africa at the 20th edition of the African Banker Awards.
Absa Bank Kenya Plc has reported a profit after tax of Ksh5.3 billion and delivered Return on Equity of 20.3% for the quarter ending 31st March, 2026.
Beer distributor Bia Tosha Distributors Ltd has formally withdrawn the most expansive elements of its lawsuit against East African Breweries PLC and Diageo, which has come to be knowns as EABL-ASAHI deal.
President William Ruto has reassigned two Principal Secretaries in a limited government shake-up aimed at filling the vacant position of Principal Secretary for Petroleum. According to a formal notification, Principal Secretary Kello…
Paramount Bank saw its net profit for the period ended 31st March 2026 drop 13.9% to KSh 80.35 Million from KSh 93 38 Million over a similar period last year. Total Interest Income declined 14.9% to KSh 432.09 Million. Net loans and…
A fire tore through a dormitory at Utumishi Girls Academy in Gilgil early Thursday, killing at least 16 students and injuring dozens more in one of the deadliest school blazes in Kenya in recent years. The blaze broke out shortly after…
I&M Bank has officially opened trading for its Medium-Term Note (MTN) at the Nairobi Securities Exchange (NSE), following overwhelming demand from investors during the public offer. The bank’s first tranche of the Kenya…
By Simon Wafubwa Kenya created over 822,000 new jobs in 2025, according to the Kenya National Bureau of Statistics Economic Survey 2026 released recently. At first glance, this signals a resilient economy. But the composition of those jobs…
KenGen is seeking approval from Energy and Petroleum Regulatory Authority(EPRA) to transmit and distribute electricity within its own Olkaria Green Energy Park. The Green Energy Park is KenGen flagship platform for attracting and nurturing…
If you own a company or work in corporate, you understand the need of having a bulk airtime provider who can help your employees or workers get airtime instantly. Bulk airtime, also called bulk mobile top-up or bulk recharge, is the…
Sportpesa Kenya is officially the pick of mobile entertainment to new heights with the record-breaking Aviator game digital suite.
The ruling United Democratic Alliance has intensified its political offensive against former President Uhuru Kenyatta through a blistering 12-page open letter accusing him of bitterness, economic sabotage and undermining President William…
HF Group Plc today announced a significant milestone, with the launch of a new unified brand identity, HFCB, bringing together the Group and all its subsidiaries under one cohesive and forward-looking brand. This rebrand follows the…
Wajir Town is set for a major infrastructure and economic boost as the government accelerates road upgrades and urban improvements ahead of this year’s Madaraka Day celebrations, which will be hosted in the North Eastern region for the…
Family Bank, lined up to list at the Nairobi Securities Exchange(NSE), posted a 53% rise in net profit to KSh 1.65 Billion, its loan book expanding by 12.6% to KSh 108.4 Billion, the lender placing some KSh 100.4Billion in Government…
