Umeme Profit Warning After 20-Year Revenue Stream Switched Off
Umeme Ltd has warned investors that it is likely to record a second consecutive loss for the six months ended 30th June 202.
1 min read
Business Today Kenya
Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
Ruto Hails Reforms As NSE Hits Highest Levels Since 2017
President William Ruto on Thursday hailed his administration’s economic reforms after the Nairobi Securities Exchange (NSE) 20 Share Index climbed to 4,062 points, its highest level since 2017, in a rally that has become one of the…
4 min read
Diani Modern Market Now Fully Operational
The Diani Modern Market in Mvindeni, Kwale County, is now fully operational following its commissioning by President William Ruto in May this year, with traders already benefiting from improved business conditions and expanded economic…
2 min read
Standard Chartered Posts Record Ksh 620B H1 2026 Pre-Tax Profit
Standard Chartered has posted a record first-half operating income of Ksh 1.5 trillion and a profit before tax of Ksh 620 billion, prompting the lender to upgrade its income guidance and announce a Ksh 129 billion share buyback programme.…
2 min read
ILAM Fahari I-REIT net profit up 31.6% to KSh 84.7 m
ILAM Fahari I-REIT, a real estate investment trust in Kenya, saw its Net profit rose 31.6% to KSh 84.7million from KSh 64.3million, lifting earnings per unit from KSh 0.36 to KSh 0.47, with the entire improvement coming from operations as…
1 min read
Kenya Re Boardroom fights: Why investors are not worried
Kenya Re-Insurance Corporation has been in the limelight in recent weeks following its ugly boardroom fights, coupled with state meddling as the majority shareholder, all the while investors watching helplessly as the unfortunate events…
2 min read
Inside KQ’s Ambitious Plan to Triple Fleet to 100 Aircraft
Kenya Airways (KQ) is preparing for one of the biggest expansions in its history, unveiling a long-term plan that could transform the airline into one of Africa’s largest carriers over the next decade. The national airline wants to grow…
3 min read
KRA Customs Beats Target After Collecting Record Ksh988.8B
The Kenya Revenue Authority (KRA) has announced that its Customs and Border Control Department collected a record Ksh 988.78 billion during the 2025/26 financial year, surpassing its annual revenue target and marking the fifth consecutive…
2 min read
Eaagads Net Profit Up 132.9% to KSh27.6Mn
Eaagads Limited, a listed coffee firm with its headquarters in Kiambu County, saw its Net Profit surge 132.9% to KSh 27.6 million for the full year period ended 31st March 2026. Eaagads was established in 1946 as a grower of coffee before…
2 min read
Govt Orders Crackdown On Drug Trafficking In Mombasa
The government has intensified its grassroots security operations in Mombasa, directing National Government Administrative Officers (NGAOs) to step up the fight against drug trafficking, organised crime and violent extremism while…
3 min read
Kenya’s Sugar Sector Reforms Revive Industry as Production Rises and Export Prospects Emerge
Kenya’s sugar industry is showing signs of recovery following a series of reforms introduced by the government, with stakeholders reporting improved governance, increased farmer support, higher production and growing prospects for sugar…
4 min read
KEBS Explains Controversial Sugar Import Clearance as MPs Demand Tougher Checks
The ongoing parliamentary investigation into a controversial shipment of imported raw sugar took a new turn after the Kenya Bureau of Standards (KEBS) defended its role in clearing the consignment, saying all the required quality checks…
3 min read
Joho Suspends Tata Chemicals Magadi Mining Operations Over Compliance Breaches
Mining, Blue Economy and Maritime Affairs Cabinet Secretary Hassan Ali Joho has suspended Tata Chemicals Magadi’s mining operations after the government found the company had failed to meet several legal and regulatory requirements under…
1 min read
De La Rue taps Ex-Safaricom Boss Michael Joseph to Join its Board
De La Rue EPZ Kenya Limited, a cash minting business that is majority owned by Switzerland-based Thomas De Rue AG, has picked on Michael Joseph, former top executive and board chairman at Safaricom and Kenya Airways, to sit in its…
2 min read
Mwache Dam Project Nears Completion as Govt Targets Coast Water Shortages
The government has announced that the Mwache Multipurpose Dam Project in Kwale County is nearing completion, with construction now 99 per cent complete, in a major milestone for efforts to improve water security and support agricultural…
2 min read
Sidian Bank Expands WASH Programme to Schools in Western Kenya
Sidian Bank has expanded its Water, Sanitation and Hygiene (WASH) programme to schools in Uasin Gishu, Busia and Trans Nzoia counties as the lender deepens its investment in social infrastructure projects linked to education and community…
2 min read
CoB Puts Counties on Notice Over Pending Bills
Counties have been warned against rushing through spending or leaving behind unpaid bills as the country moves closer to the end of the current devolved government term, with the Controller of Budget promising tighter oversight over public…
1 min read
How Kenya’s Digital Payment Boom is Reshaping Leisure Spending Habits
In Kenya, the digital payments revolution involves working on a national-infrastructure scale.
5 min read
Smart Farming Takes Root in Kenya With Drones Taking Over Technical Roles
Drones are now being used to execute some technical activities in smart farming processes such as irrigation monitoring, spraying, stress and pest detection.
3 min read
HR Firm Reveals Workplace Stress Becoming a Multi-Billion Dollar Business Risk
Nearly nine in 10 Kenyan workers (87%) report experiencing stress, according to new findings from Niche Human Capital Advisory, raising fresh concerns about the growing economic and productivity costs of poor workplace wellbeing.
2 min read
Absa Bank Funnels Ksh204 Billion Into Sustainable Finance
Absa Bank Kenya has advanced more than Ksh204 billion in sustainable finance between 2022 and 2025, reinforcing its commitment to mobilising capital towards initiatives that drive financial inclusion, enterprise growth, social development…
2 min read
KenGen Buys TWO Properties from its Staff Pension Scheme
KenGen (Kenya Electricity Generating Company) has acquired the eight-storey Pension Plaza 1 and 12-storey Pension Plaza 2 on Kolobot Road from its staff pension scheme. The Sh1.92 billion transaction lowers the fund’s property exposure…
2 min read
Vivo Energy Fetes Mechanics Behind Mobility of Vehicles
More than 100 mechanics from across the North Rift gathered in Eldoret as Vivo Energy Kenya celebrated the skilled professionals who keep Kenya’s transport, agriculture and businesses moving.
2 min read
Sentrim MD Says Hospitality’s Success Hinges on Innovation and Authentic Experiences
Investing in employees, embracing innovation and maintaining consistent service standards are the foundations of success in Kenya’s increasingly competitive hospitality industry. Speaking during an interview with Business Today, Sentrim…
2 min read