Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
Stanbic Holdings Plc has recorded a sluggish growth in Net Profit up 0.96% to KSh 6.6 Billion, for the six months’ period ended June 2026. The lender, a subsidiary of Standard Bank South Africa saw its operating Income rise 2.45% to KSh…
NCBA Group has reported a 12.2 per cent increase in net profit for the first half of 2026, helped by higher lending, strong growth in digital banking and improved earnings from its regional subsidiaries. The lender posted a profit after…
Access to affordable and reliable electricity will determine how fast Africa industrialises, Deputy President Kithure Kindiki has said, as he urged governments and investors to increase funding for clean energy and critical infrastructure…
For many engineers, fish farming is the last place to imagine getting a job. Yet that’s exactly where Elizabeth Gakinya, a telecommunications engineer, started off. From her electrical and electronic engineering studies, she has,…
By Symphrose Ochieng, Infrastructure Segment & Power Systems Business Leader at Schneider Electric There is a lot to be said for a region that leads by example and East Africa’s renewable energy posture certainly fits the bill. Across the…
The government has released Ksh2.43 billion to fund the June 2026 cycle of the Inua Jamii Cash Transfer Programme, injecting additional spending power into households that depend on social-protection support. The funds, disbursed through…
President William Ruto has formally onboarded more than 106,000 village elders across all 47 counties into the National Government Administration system and announced that each will begin receiving a monthly facilitation of KSh3,000…
Many Kenyans know the feeling of checking their wallet, finding just Ksh 1,000, and realising that amount has to cover food for several days. Whether you are a student, young professional, hustler, or simply trying to cut back on spending,…
A court has temporarily suspended construction of a controversial road passing through Ngong Road Forest, putting one of the government’s key infrastructure projects on hold while judges consider whether the development threatens a…
Kenya should set its sights on becoming an upper-middle-income economy within the next 10 years instead of settling for slow progress, President William Ruto has said, arguing that the country has what it takes to achieve rapid economic…
DP World, the Dubai-based global logistics company, is expanding its investment in Kenya by developing the Mombasa Industrial Park, a Special Economic Zone (SEZ).
Mobile connectivity in many parts of the continent is a moving target. A handset that runs on 4G in the central business district often drops to 3G a few kilometres out, slows to a crawl during peak hours, and falls off the cell tower…
The vehicle market has entered a new pricing reality, according to data by Jiji Kenya, which shows that average vehicle listing prices have risen significantly over the past two years from approximately KSh 797,000 in 2024 to KSh 1.37…
Central Bank of Kenya (CBK) has announced that the country’s foreign exchange reserves have risen to a record high of 15.4 billion U.S. dollars, following a sharp increase in capital inflows from the government’s partial divestiture of its…
Every generation of business has experienced a technology that changed the rules of competition. Electricity transformed factories. The internet changed communication. Smartphones reshaped consumer behaviour. Artificial intelligence is now…
The Kenya Coast Guard Service (KCGS) on Saturday rescued 41 people after a passenger vessel capsized off the coast of Shimoni in Kwale County. In a statement, the KCGS said personnel from Shimoni Station mounted a successful…
The Shimoni Fish Port in Kwale County has been completed and officially handed over to the Kenya Ports Authority (KPA), a move the government says marks a major milestone in the growth of Kenya’s Blue Economy. In a statement, Principal…
ALP REIT, Kenya’s first USD-denominated Income Real Estate Investment Trust (I-REIT), today announced its unaudited interim financial results for the period ended 30 June 2026, representing the REIT’s first financial results since its…
SanlamAllianz Life Insurance Kenya has launched Flexi Future Plus, a new savings and life insurance solution to help customers build wealth.
Safaricom Plc has made huge cuts on its Pochi La Biashara where Customer payments to merchants will be free up to KSh 200 for 90 days from 1 August 2026, with lower charges above that threshold. Safaricom has also revised its Lipa na…
Airtel Networks Kenya Limited has made significant change to its C-Suite and corner offices by picking a new Managing Director, Ashish Malhotra, who joined on July 1, 2022 to replace long-serving MD Prasanta Das Sarma as the mobile phone…
CBK (Central Bank of Kenya) has launched one of its largest Treasury Bonds offer ye, seeking KSh 150 billion through sale of three tax free infrastructure bonds, cash that is needed to fund several infrastructure projects listed in the…
Kenyan households continued to feel the pressure of a rising cost of living in July after annual inflation edged up to 6.5 per cent from 6.4 per cent recorded in June, driven mainly by higher electricity tariffs and increased food prices.…
Safaricom PLC has declared its highest-ever dividend payout of Ksh 80.13 billion, after shareholders at the company’s Annual General Meeting today approved a final dividend of Ksh 1.15 per share for the financial year ended 31st March 2026.
