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

CBK Bags Ksh57.8B in Oversubscribed Bond Sale
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CBK Bags Ksh57.8B in Oversubscribed Bond Sale

Investors poured billions of shillings into the government’s latest Treasury bond sale. Still, the Central Bank of Kenya (CBK) turned away a significant portion of the money after evaluating the bids, accepting Ksh 57.78 billion out of…

3 min read
Harambee DT SACCO Hit by Ksh230M Write-Off as KUSCCO Crisis Persists
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Harambee DT SACCO Hit by Ksh230M Write-Off as KUSCCO Crisis Persists

Harambee Deposit Taking SACCO has taken a major financial hit after writing off more than Ksh 230 million linked to an unreconciled bank account, while continuing to treat over Ksh 42 million invested with the troubled Kenya Union of…

3 min read
NSE: Top Movers, Gainers and Losers in June
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NSE: Top Movers, Gainers and Losers in June

NSE (Nairobi Securities Exchange) closed the month of June on a bullish note with the broad market returning 9.0% month on month NSE benchmark indices including the N10, NSE 20 and NSE 25 advanced by 11.8%, 6.9%, and 9.7%, respectively…

3 min read
Motor Insurance Bleeds Ksh8.2B as Claims and Fraud Hit Kenyan Insurers
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Motor Insurance Bleeds Ksh8.2B as Claims and Fraud Hit Kenyan Insurers

The Insurance Regulatory Authority (IRA) has revealed that Kenya’s motor insurance business is becoming increasingly difficult to sustain, with insurers recording billions of shillings in losses as rising claims, fraud and soaring vehicle…

4 min read
CMA Raises Red Flag Over Special Funds With ‘Abnormal’ Returns
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CMA Raises Red Flag Over Special Funds With ‘Abnormal’ Returns

Capital Markets Authority (CMA) has warned managers of fast-growing Special Funds against unethical marketing, including advertising of high returns without providing investors with sufficient information and disclosures, which often masks…

2 min read
10 Arrested as Saba Saba Protests End Without Major Incidents
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10 Arrested as Saba Saba Protests End Without Major Incidents

10 people were arrested during the Saba Saba protests in Nairobi on Monday as authorities reported a largely peaceful day marked by the absence of fatalities, injuries or major criminal incidents. According to an official update, no deaths…

1 min read
CBK Tightens Rules on Emergency Bailouts for Struggling Banks
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CBK Tightens Rules on Emergency Bailouts for Struggling Banks

The Central Bank of Kenya (CBK) will now be required to apply stricter rules before offering emergency financial support to struggling banks, following the enactment of a new law aimed at strengthening the country’s financial system and…

3 min read
KRA Re-introduces Amnesty to Overburdened Taxpayers
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KRA Re-introduces Amnesty to Overburdened Taxpayers

KRA (Kenya Revenue Authority) has announced a tax amnesty program to erase financial burdens of taxpayers. Re-introduced under the Finance Act 2026, this initiative waives 100% of penalties, interest and fines on tax debts accrued up to…

1 min read
BOC Kenya Accepts Resignation of Ramashala as Non-Exec Director
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BOC Kenya Accepts Resignation of Ramashala as Non-Exec Director

BOC Kenya says Joseph Ramashala has resigned as a Non-Executive Director effective 3rd July, ending a board tenure that begun in September 2021. Joseph Ramashala, aged 56 years old and a South African citizen, was been a member of the…

2 min read
Sunshine Development Tour Emerges as Springboard For Golf Stars
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Sunshine Development Tour Emerges as Springboard For Golf Stars

The Sunshine Development Tour has established itself as a critical pathway for golfers seeking to progress to higher levels of competition across Africa, with consistent tournament play providing players with the experience required to…

3 min read
KRA Scraps Excise Duty on Bottled Water
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KRA Scraps Excise Duty on Bottled Water

The Kenya Revenue Authority (KRA) has removed excise duty on bottled water following changes introduced under the Finance Act, 2026, a move that is expected to lower compliance costs for manufacturers and ease the tax burden on the…

1 min read