Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
The United States government has seized more than Ksh 97 million in cryptocurrency from an account belonging to a Kenyan national as part of an investigation into a major student financial aid fraud involving stolen American identities.…
A student enrolment that never happened, a government loan that was never meant for the applicant and a bank account waiting to receive the money. This is the structure of a multimillion-dollar student financial aid fraud that has brought…
The future of Middle East-Africa trade and investment looks brighter as Absa Group expands its international presence with the opening of its Dubai office. Located in the Dubai International Financial Centre (DIFC), the office brings the…
Kenyans have been linked to a massive student financial aid fraud investigation in the United States, where investigators estimate that criminals have stolen more than $200 million (approximately Ksh 25.8 billion) through fraudulent…
Crypto firm, Yellow Card, has won Gold in the prestigious Diamond category at the 2026 Money Awards. Presented in Las Vegas during Money20/20 USA on Sunday, 18 October, the accolade marks its second consecutive year of recognition at the…
CFAO Mobility Kenya has introduced the ninth-generation Toyota Hilux into the Kenyan market, bringing a new range of features to one of the country’s most established pickup models as demand for commercial vehicles continues to rise among…
Britam Holdings Plc Board has appointed Ms. Celestine Munda as the Chairperson of the Board of Directors, effective 27 October 2026. The Appointment is in accordance with Britam’s Articles of Association, and is subject to regulatory…
Africa Logistics Properties (ALP) has declared its first dividend of US$930,434 (approximately Ksh 120 million at an illustrative exchange rate of Ksh 129 per dollar), marking a major milestone for Kenya’s industrial property investment…
Kenyan government has signed a $2.08 million grant agreement, which is about Ksh270 million, to strengthen climate resilience in agriculture. Treasury Cabinet Secretary (CS) John Mbadi says the funding for the Climate Smart Agribusiness…
Absa Bank Kenya is increasing its focus on sustainable lending, with more than Ksh 200 billion channelled into green projects and inclusive financing over the past five years as the bank seeks to make sustainability a bigger part of its…
I&M Bank has been named winner of two awards at The Asian Banker Africa Awards 2026, Best Retail Bank in Kenya and Best SME Bank in Kenya. The awards exist for excellence in areas including retail, SME and digital banking across African…
SportPesa Kenya is highlighting JetX through a casino promotion featuring an advertised KSh 150 million prize pool. The offer introduces a random cash-drop feature for eligible adults during qualifying gameplay, adding a promotional…
Kenya Electricity Generating Company PLC (KenGen) invested KSh.15.5 billion in power infrastructure in the year to June 2026
Families are growing increasingly frustrated as rescue operations enter a critical sixth day at the site of the 18-storey building that collapsed along 9th Street in Eastleigh, Nairobi, leaving 16 people still unaccounted for. National…
Experts at the recent Trust Summit in Nairobi said that Africa must bridge the gap between policy and implementation, strengthen public trust in science, and make environmental responsibility a shared commitment among governments,…
Bolt customers can now choose how they balance time, cost and convenience when booking a ride.
Nairobi liquor traders are seeking clarification from Governor Johnson Sakaja’s administration over an alleged KSh100,000 levy targeting businesses that sell alcoholic drinks through online shopping and delivery platforms. The proposed…
Henry Dannell, a specialist cross-border credit adviser, has successfully brokered a $20 million trade finance credit facility for a UK-registered petrol commodities trader expanding its international operations through a newly established…
The US Federal Reserve has kept interest rates unchanged, a development that could provide some relief to emerging and frontier markets, including Kenya’s Nairobi Securities Exchange(NSE). The Fed maintained its benchmark rate at…
Kenafric Group, the Kenyan consumer goods company, has launched Kenafric Ventures, a US$ 10 million corporate venture fund to invest in promising African consumer businesses.
It was a mix performance at Anfied stadium as Liverpool knocked out Chelsea on penalties to book their place in the Carabao Cup quarter-finals. Chelsea scored the first goal, but their celebrations were cut short just three minutes later…
The Carbon Markets Africa Summit (CMAS) 2026 concluded in Kigali, Rwanda, with new financing initiatives and practical discussions on how African countries can develop credible carbon projects, attract investment and secure greater value…
KCB Tanzania’s cumulative Q3 2026 results reflect an expanding banking franchise, with credit growth driving core income higher. However, operating cost pressures and a widening funding gap remain important considerations. KCB Tanzania…
Ecobank Kenya has appointed Ms. Risper Alaro as a Non-Executive Director following approval by the Central Bank of Kenya. Her appointment has enabled Ecobank Kenya to achieve 55% women representation on the Board of Directors Her…
