Kenyans Live

Business Today Kenya

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

Lower Borrowing Costs Emerge as Kenyan Banks Cut Loan Rates
Business Today KenyaBusiness

Lower Borrowing Costs Emerge as Kenyan Banks Cut Loan Rates

Kenyans are beginning to feel the impact of lower borrowing costs after the Central Bank of Kenya (CBK) cut its policy rate, triggering a decline in commercial bank lending rates. The CBK policy rate has fallen from 13 per cent to 8.75 per…

2 min read
IEBC Releases 2027 Election Timelines
Business Today KenyaNews

IEBC Releases 2027 Election Timelines

Independent Electoral and Boundaries Commission (IEBC) has officially gazetted and issued timelines ahead of the August 10, 2027 General Election.

1 min read
‘I Am Not Ruto’s Mole’: MP Ndindi Nyoro
Business Today KenyaNews

‘I Am Not Ruto’s Mole’: MP Ndindi Nyoro

The People’s Party leader and Member of Parliament (MP) for Kiharu Ndindi Nyoro has denied claims that he is President William Ruto’s political “project”

1 min read
Absa, Simba Corp Partner to Expand Vehicle Financing
Business Today KenyaBusiness

Absa, Simba Corp Partner to Expand Vehicle Financing

Absa Bank Kenya has partnered with Simba Corporation to make it easier for individuals and businesses to buy vehicles, agricultural machinery and other productive equipment. The two companies have signed a Memorandum of Understanding (MoU)…

2 min read
Irrigation to power Kenya’s food supply
Business Today KenyaAgriculture

Irrigation to power Kenya’s food supply

Kenya must rapidly expand irrigation if it is to feed its growing population, with the Government stepping up investments to harvest runoff from seasonal rivers, harness water from rivers, build and rehabilitate dams and water pans and tap…

3 min read
Co-op Bank Threatens Sale of Sony Sugar Property Over Ksh862M Debt
Business Today KenyaBusiness

Co-op Bank Threatens Sale of Sony Sugar Property Over Ksh862M Debt

South Nyanza Sugar Company is facing the possible loss of a property after Co-operative Bank of Kenya moved to enforce a charge securing a loan of more than Ksh 862 million. The bank has issued the sugar miller with a 40-day notice of its…

2 min read
CoB Raises Alarm Over Ksh20B Paid on Undrawn Loans
Business Today KenyaBusiness

CoB Raises Alarm Over Ksh20B Paid on Undrawn Loans

Kenya has spent billions of shillings keeping foreign loans available even when the projects meant to use the money were not ready, raising fresh questions about how the government plans and approves borrowing. Controller of Budget (CoB)…

3 min read
Co-operative Bank Partners With Car & General in Tractor Financing
Business Today KenyaBusiness

Co-operative Bank Partners With Car & General in Tractor Financing

The Co-operative Bank of Kenya and Car & General (Trading) Limited, the authorised distributor of Kubota tractors in Kenya, have entered into a strategic partnership to expand access to agricultural machinery through asset financing.

2 min read
EACC Moves to Deal with Corrupt Practices in Cooperatives Sector
Business Today KenyaBusiness

EACC Moves to Deal with Corrupt Practices in Cooperatives Sector

The EACC (Ethics and Anti-Corruption Commission) has presented a report to the State Department for Co-operatives, identifying governance gaps and recommending reforms to strengthen oversight and curb corruption in the sector. The EACC…

2 min read
Parliament Approves Duncan Ojwang Oburu as New IPOA Chairperson
Business Today KenyaNews

Parliament Approves Duncan Ojwang Oburu as New IPOA Chairperson

The National Assembly has approved the nomination of Dr. Duncan Ojwang Oburu as the new Chairperson of the Independent Policing Oversight Authority (IPOA), paving the way for his appointment to lead the agency responsible for civilian…

2 min read
Equity Group Half-Year Net Profit up 32% to KSh 45.5 Billion
Business Today KenyaBusiness

Equity Group Half-Year Net Profit up 32% to KSh 45.5 Billion

Equity Group Holdings Plc, Kenya’s leading regional lender with subsidiaries in Democratic Republic of Congo, Tanzania, Uganda, Rwanda and South Sudan, saw its net profit rise 32% to KSh 45.5 billion for the six months’ period ended 30th…

4 min read
Cosmos Boosts Pharmaceutical Compliance With Schneider Electric Kenya
Business Today KenyaNews

Cosmos Boosts Pharmaceutical Compliance With Schneider Electric Kenya

Cosmos Limited (Cosmos), one of Kenya’s leading pharmaceutical manufacturers, has strengthened its digital infrastructure and enhanced regulatory compliance through the implementation of an integrated monitoring, energy management, and…

2 min read
KCB Plans to Float a KSh300 billion 5-Year Bond in October
Business Today KenyaBusiness

KCB Plans to Float a KSh300 billion 5-Year Bond in October

KCB Bank Group has announced plans to raise KSh 300.0 billion (US$2.32 billion) through a Medium-Term Sustainability Note Programme over the next 5 years. The lender targets issuing green, blue & social bonds in raising this capital with…

3 min read
Over 50 Entrepreneurs Graduate from Enwealth Foundation SEED Programme
Business Today KenyaNews

Over 50 Entrepreneurs Graduate from Enwealth Foundation SEED Programme

More than 50 Kenyan entrepreneurs have graduated from the inaugural cohort of the Enwealth Foundation SEED Programme. This is the first cohort to complete a structured 12-week business-education initiative built around the proposition that…

3 min read
SHA Pays Karen Hospital KSh202M of KSh303M Claims
Business Today KenyaNews

SHA Pays Karen Hospital KSh202M of KSh303M Claims

The Social Health Authority (SHA) has paid Karen Hospital KSh202 million out of approximately KSh303 million in claims submitted by the facility for medical services provided to patients. SHA CEO Dr Mercy Mwangangi gave the figures while…

1 min read
Jubilee Asset Management Strikes Ksh259B, Retail Portfolio Soars 148%
Business Today KenyaSMART MONEY

Jubilee Asset Management Strikes Ksh259B, Retail Portfolio Soars 148%

Jubilee Asset Management Limited (JAML) has grown its Assets Under Management (AUM) to Ksh 259 billion, as the fund manager expands its retail investment business and institutional mandates. The Ksh259 billion portfolio comprises Ksh225…

3 min read
Ruto at 4: 3.27 Million Jobs Created, Here’s The Breakdown
Business Today KenyaNews

Ruto at 4: 3.27 Million Jobs Created, Here’s The Breakdown

Four years into President William Ruto’s administration, Kenya’s employment numbers have continued to rise, although most of the jobs created have been concentrated in the informal sector, official statistics show. Data from the Kenya…

5 min read
Gikomba Market’s 7,000-Trader Modern Complex Takes Shape
Business Today KenyaNews

Gikomba Market’s 7,000-Trader Modern Complex Takes Shape

Gikomba Market, Nairobi’s largest open-air market, is undergoing a major transformation as the government moves to replace its congested and makeshift structures with a modern commercial complex. State Department for Internal Security and…

2 min read
Which way Samidoh? Artist eyes Ol Joro Orok MP seat
Business Today KenyaNews

Which way Samidoh? Artist eyes Ol Joro Orok MP seat

Musician Samuel Ndirangu, whose stage name is “Samidoh”, has decided to braze Kenya’s rapid political storm by formally saying he will vie for the Nyandarua County’s Ol Joro Orok Member of Parliament (MP) seat in the 2027 General Election.…

1 min read