- Indian billionaire Gautam Adani's flagship company aims to raise 10 billion rupees ($117 million) through the sale of retail bonds, and has filed a draft prospectus for the issue, according to statements on stock exchanges.
- A trade deal cutting tariffs on British exports of automobiles and aerospace equipment to the United States takes effect Monday, as the two sides continue to negotiate over steel duties.
- The shareholders demonstrated strong confidence in the group’s strategic direction and governance during the meeting conducted virtually and attended by shareholders worldwide.
- Kenya has signed a $126.8 million (about Ksh.16.39 billion) concessional loan from the International Fund for Agricultural Development (IFAD) to finance a new program seeking to improve rural livelihoods and protect natural resources.
- The Common Market for Eastern and Southern Africa (COMESA) has stepped up efforts to harmonise agricultural trade standards across member states in a push to eliminate non-tariff barriers (NTBs) and enhance cross-border trade in food and horticultural products.
- Africa must shift focus from building digital infrastructure that serves a limited elite to developing scalable systems that include the most vulnerable—particularly women, youth, and informal workers.
- The Central Bank of Kenya (CBK) will extend the operating hours of the Kenya Electronic Payment and Settlement System (KEPSS) starting July 1st, this year.
- The conference brought together over 100 stakeholders, including farmers, agribusiness leaders, processors, regulators, and original equipment manufacturers
- The National Assembly Finance Committee has rejected the proposal by the National Treasury to scrap a 15 percent tax incentive for real estate developers and local motor vehicle assemblers in the 2025 Finance Bill.
- Standard Chartered has renewed its focus on supporting Africa’s wealthy to grow, preserve and pass on their fortunes as it positions itself as the financial partner of choice for the continent’s emerging affluent and legacy-minded investors.
- Oil prices jumped and stocks mostly fell Tuesday after President Donald Trump abruptly departed G7 talks, and concerns rose over a possible US intervention.
- Donald Trump's family business licensed its name to launch a U.S. mobile service and a $499 smartphone on Monday, calling it Trump Mobile, in the latest deal brokered by the president's children to capitalize on his last name while he is in office.
- The National Assembly Finance Committee is recommending that Parliament drops the contentious 2025 Finance Bill clause which seeks to give the Kenya Revenue Authority (KRA) powers to access taxpayers' personal and financial data.
- U.S. power equipment maker GE Vernova and India’s Larsen & Toubro (L&T) have secured a major contract to construct a National System Control Centre (NSCC) for the Kenya Electricity Transmission Company (KETRACO).
- Equity Bank has been recognised as Kenya’s most valuable brand for the second consecutive year, with its brand value increasing by 8% to Ksh.71.3 billion, according to a new report by Brand Finance.
- Experts have raised concerns over the financial strains critical sectors are set to face under the new budget estimates for the 2025/26 financial year.
- Global energy management and automation giant Schneider Electric is marking ten years since it began operations in Kenya, highlighting its contributions to sustainable energy, digital infrastructure, and technical skills development.
- The budget of Kenya’s Financial Inclusion Fund, well known as the Hustler Fund was clipped in the financial year 2025/26 budget read by Cabinet Secretary John Mbadi on June 12, 2025.
- Ride-hailing operator Bolt has launched a new ride category designed to meet a growing demand for premium transport services among Nairobi’s expanding middle class and professional commuters.
- The European Commission, the primary executive arm of the European Union (EU), has classified Kenya as a high-risk country for money laundering and terrorism financing.
- For the sixth consecutive time, the Central Bank has lowered the base lending rate to unlock credit to the private sector. The Monetary Policy Committee made the decision based on the economic environment, noting that there was scope for further monetary easing.
- Treasury Cabinet Secretary John Mbadi has defended the government’s move to give the Kenya Revenue Authority (KRA) powers to access the personal and financial data of businesses’ customers.
- Kenyan electric vehicle (EV) maker Roam launched its second-generation Roam Air motorcycle on Tuesday and announced plans to ramp up production at its assembly plant in Nairobi.
- The Jomo Kenyatta International Airport (JKIA), Moi International Airport (MIA), and the Kenya Airports Authority (KAA) Head Office have been awarded ISO 14001:2015 Environmental Management System and ISO 45001:2018 Occupational Health & Safety Management System certifications, reflecting their…
- Global agricultural machinery giant New Holland has appointed Inchcape Kenya as its official distributor in the country, marking a strategic move aimed at bolstering agricultural mechanization and sustainability in the region.
- Thirty-one percent of Kenyan banks are ready to venture into virtual assets like cryptocurrencies and non-fungible tokens (NFTs) as the government works to regulate and incentivize adoption in the growing sector.
- The Kenya Revenue Authority (KRA) has released the new pricing template that will determine import duties for used motor vehicles starting July 1, 2025.
- The National Treasury has defended the securitisation of the road maintenance levy as a way of guaranteeing that ongoing road construction works are completed.
- Competition Authority of Kenya (CAK)’s Director-General David Kemei has been sworn in as a commissioner of the East African Community Competition Authority (EACCA).
- Emirates Logistics, a major player in supply chain and logistics across the Middle East, Africa, and Asia, has announced its entry into the Kenyan market with the construction of a state-of-the-art facility at Tatu City Special Economic Zone (SEZ).
- Old Mutual East Africa (OMEA) has officially joined the United Nations Global Compact (UNGC), reinforcing its commitment to ethical business, environmental stewardship, and sustainable development.
- Trade stakeholders at the IOTA East Africa Web3 Innovation Summit have called for the urgent adoption of digitised trade systems, highlighting outdated paper-based processes, fragmented data systems, and a lack of trust in trade documentation as major barriers to unlocking the full potential of…
- Gabon will cease exporting manganese from 2029 as part of a plan to transform the national industry, President Brice Oligui Nguema said in a government statement published on Saturday.
- Mauritanian diplomat Sidi Ould Tah has been elected as the ninth president of the African Development Bank Group (AfDB) following a decisive three-round vote by the bank’s board of governors during the annual meeting in Abidjan.
- A coalition of leading virtual asset firms, in partnership with PwC Kenya, has submitted sweeping tax reform proposals to the National Assembly Committee on Finance and National Planning, seeking a friendlier regulatory framework for digital assets in Kenya.
- Let’s be honest, saving money isn’t always top of mind for many people when they are in their youthful years, their 20s or early 30s. With job hunting, rent, social life, and maybe even supporting the family, there never seems to be “extra” cash lying around.
- Equity Bank Group CEO Dr. James Mwangi has addressed concerns following reports of massive layoffs at the bank, that saw the lender send home close to 200 of its employees.
- The World Bank wants Kenya to introduce a carbon tax to mitigate climate change externalities while also raising revenue to lower its debt-to-GDP ratio, which currently stands at 65.5%.
- The Kenya Revenue Authority (KRA) is seeking to implement tax policy measures that will boost revenue collection to over Ksh.4 trillion in the Medium-Term Revenue Strategy (MTRS) to boost the nation's economic activity.
- For over 70 years, Unilever Kenya has been spicing up Kenyan kitchens with its Royco brand, offering flavourful spices such as Royco Mchuzi Mix and Royco Cube.
- The Federation of Kenya Employers (FKE) has issued a stark warning about the state of the country’s investment climate, citing rising operational costs, unpredictable policymaking, and eroding investor confidence.
- Murang’a County has unveiled more than Ksh.20 billion worth of investment-ready opportunities in the agriculture sector, setting the stage for a major agribusiness investment in the country.
