Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
BOC Kenya Plc, a listed supplier of industrial, medical and specialty gases, saw its net profit for the first half of this year drop 39.8% to KSh 100.4 million. This is on account of a17% rise in distribution, selling, and administrative…
Kenya Power has launched performance management contracts targeting more than 6,000 union employees, a move that will strengthen accountability, improve productivity and enhance service delivery to customers. The historic move comes after…
Standard Chartered Bank Kenya(SCBK) saw its half-year net profit drop 16.8% to KSh 6.7 billion as falling interest rates squeezed core Interest Income, which fell 17.55 to KSh 14.2 billion. Financial Statements Highlights Net Profit: KSh…
SBM Bank Kenya is expanding its presence outside Nairobi with the opening of a new branch in Nanyuki, Laikipia County, as the lender seeks to tap into the town’s growing business and tourism economy. The Nanyuki outlet, located at Peak…
The Bomas International Convention Complex (BICC) is nearing completion as Kenya moves to strengthen Nairobi’s position as a global destination for business tourism, conferences and exhibitions. Principal Secretary for Internal Security…
Small-scale importers could find it easier to collect their goods without paying costs linked to other traders’ consignments if proposed changes to the handling of consolidated cargo are adopted. Kenya Revenue Authority (KRA) Board…
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…
Independent Electoral and Boundaries Commission (IEBC) has officially gazetted and issued timelines ahead of the August 10, 2027 General Election.
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”
Two suspected members of a criminal gang have been arrested in Kisumu following a security operation that also led to the recovery of a homemade firearm and an assortment of crude weapons and other items believed to be linked to criminal…
Farmers in Western and Nyanza regions say improved access to affordable farm inputs, water and infrastructure is making agriculture more productive and helping households increase food production. The farmers say the reduced cost of…
CPA Joyce Waceke Ndegwa, is the CEO of Muranga-based Mentor Deposit-Taking Savings and Credit Cooperative Society(SACCO), a female top executives running one of fastest growing SACCOs in Kenya today. A mother of four children, made up of…
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)…
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…
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…
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)…
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.
Equity Group Holdings Plc has announced a solid first‑half performance for 2026. Profit After Tax rose by 32% to Ksh45.5 billion from Ksh34.6 billion in the same period.
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…
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…
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…
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…
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…
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…
