Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
On any given Friday evening, as Kenyans gather in bars, homes and roadside dens, a parallel alcohol economy thrives alongside the formal one. Illicit liquor—ranging from traditional home brews to cheap, high-strength bottled spirits and…
Electric motorcycles are transforming Kenya’s boda boda sector, the backbone of urban and rural transport that moves millions of people and goods daily. Spiro, a Dubai-headquartered firm with major operations in the country, has become the…
A dispute over access to information on the prolonged suspension of Mumias Sugar Company shares has reached the Commission on Administrative Justice (CAJ), with a shareholder seeking to compel the Capital Markets Authority (CMA) to explain…
CBK accepted KSh 33.35Bbillion out of KSh 41.72 billion in bids in the latest Treasury Bills auction. All three tenors were oversubscribed, with demand strongest in the 91-day at 221.75% as accepted rates fell across all maturities. CBK…
NSE (Nairobi Securities Exchange) has surpassed the KSh 1 billion turnover mark to KSh 1,008,460,024 year to date in 2026. According to the NSE Chief Executive Officer Frank Mwiti, this milestone reflects the strength of the bourse, the…
CBK (Central Bank of Kenya), the Government’s fiscal agent is seeking for KSh50billion from the domestic money market for budget support, the third time in is doing so in the month of September. In the last monetary actions this month, CBK…
Absa Bank Kenya, United Nations Capital Development Fund(UNCDF) and United Nations Development Program(UNDP) have announced a strategic portfolio guarantee arrangement to unlock financing for solar-powered cold storage solutions and help…
There is perhaps no greater irony in human existence than this: the day we become the center of everyone’s attention is the day we are no longer around to notice. One day, there will be a funeral program bearing your name. It will be…
Kisumu County is banking on a Ksh 900 million allocation to ease its debt burden, with officials projecting that unpaid bills to contractors and suppliers could drop to Ksh 700 million after the payments. The county government says it…
University lecturers in public universities are set to go on strike from October 2 after the Universities Academic Staff Union (UASU) issued a seven-day nationwide strike notice on Thursday. UASU said the industrial action will begin at…
Naivas supermarket chain owners have filed a court application seeking to revive Achievo Limited, a human resource outsourcing company that was removed from the Companies Register in May 2026. The company’s dissolution was published in…
Kenya’s research and innovation community has outlined practical priorities for helping more locally developed knowledge, prototypes and technologies move from research into commercial use.
Kenya’s Standard Gauge Railway (SGR) recorded an increase in both passenger and freight traffic in the first half of 2026, with more travellers using the train service and cargo volumes rising compared to the same period last year.…
Detectives have arrested two more suspects in connection with the fatal shooting of lawyer Mathew Kyalo Mbobu, as an intelligence-led operation targeting people linked to the September 9, 2025 murder probe intensifies. Nicholas Lemiso…
Fine Spinners Uganda Limited (FSUL) is investing US$5 million in new textile machinery as it targets a bigger role in Kenya’s apparel export industry. Through the investment, the company is positioning itself to supply fabric to major US…
IG (Invest& Grow) SACCO has appointed CPA Mary Awino as the new Chief Executive Officer, succeeding Dr. CPA Peter A. Vuhyah, who retires after 23 years of dedicated service. Awino officially assumed office on September 22 during a handover…
Access Bank Kenya’s operations are entering a new phase after the Central Bank of Kenya (CBK) approved the transfer of its business, assets, and liabilities to National Bank of Kenya (NBK). The regulator’s decision follows a series of…
CBK(Central Bank of Kenya) has announced the transfer of all assets and liabilities of Access Bank Kenya(Plc) to National Bank of Kenya Limited(NBK). This follows approval by the CBK on August 17th 2026, under Section 13(4) of the Banking…
Karakuta Fresh Produce, one of the leading Kenyan exporters of Avocado and Fresh Organic Herbs, has announced plans to list by introduction at the Nairobi Securities Exchange(NSE). This is subject to approval from the NSE and the Capital…
Lamu Mega Refinery Project, to be undertaken by the Dangote Group, has awarded a US$ 450 million Engineering and Consultancy Contract to Engineers India Limited. Lamu Refinery construction to take 3 years Under the agreement, which was…
CDRFI Africa Forum, a platform that brings together governments, insurance regulators, development partners and insurance market actors aims to more than advance climate and disaster risk financing across Africa. Forum wants to tap…
Kenya is set to strengthen its position in the regional minerals trade with the construction of the Lidambitsa Gold Refinery in Ikolomani, Kakamega County, now at an advanced stage of development. According to Principal Secretary for…
Seven commercial banks in Kenya failed to maintain the minimum core capital required by the banking regulator, raising questions about their financial preparedness as the industry moves towards higher capital requirements. The Central Bank…
Kenya’s Policyholders Compensation Fund(PCF)has extended the moratorium on payments by Corporate Insurance, Trident Insurance and KUSCCO Mutual Assurance for a further two months. This is from 10th September 2026, alongside extensions of…
