- The Central Bank of Kenya has yielded to pressure from financial institutions to have the interbank rate as the operating rate for loans, formally adopting the revised risk-based credit pricing model, which will now be anchored on the overnight interbank average rate.
- The Central Bank of Kenya has yielded to pressure from financial institutions to have the interbank rate as the operating rate for loans, formally adopting the revised risk-based credit pricing model, which will now be anchored on the overnight interbank average rate.
- The number of Kenya’s dollar millionaires has dropped from 7,200 in April 2024 to 6,800 as of June 2025, new data from the wealth intelligence and market research firm New World Wealth shows.
- Kenya Airways (KQNA.NR), aims to finalise plans to raise at least $500 million in extra capital to expand and improve its fleet by the first quarter of next year, the airline said on Tuesday, after it reported a pretax loss in the first half.
- Kenya Airways has stunned the market with a staggering Ksh.12 billion loss in the first half of the year, reversing a net profit of Ksh.513 million posted in the same period in 2024.
- African culture themed products have increasingly gained traction across the globe, with more Kenyan entrepreneurs now investing time and resources to produce these products. Wendo Crafts Africa is one such venture adding beauty to African products that range from kiondos to baskets and mirrors.
- Treasury Cabinet Secretary John Mbadi has said that Kenya’s cost of living is easing, citing falling inflation and lower prices of basic commodities.
- Kenya Railways has completed construction of the Mombasa Commuter Rail Service, a project aimed at easing congestion and linking travellers using the Madaraka Express train to the coastal city’s city centre.
- Kenya continues to record high numbers of motor vehicle thefts despite a reported drop in cases last year. The National Transport and Safety Authority (NTSA) says the growing number of car owners has heightened the need for advanced safety measures.
- The Energy and Petroleum Regulatory Authority (EPRA) has announced a decrease in the prices for Super Petrol and Kerosene by Ksh.1.00 per litre, while the prices of Diesel remain unchanged.
- The Co-operative Bank of Kenya has posted an 8.4% jump in after-tax profit for the first half of 2025 to Ksh.14.1 billion, up from Ksh.13 billion in a similar period last year, supported by strong digital adoption, lending growth and expanded customer outreach.
- Equity’s loan book grew by 4% to Ksh.825.1 billion despite a "challenging economic environment", while customer deposits rose 2% to Ksh.1.32 trillion, lifting total assets 3% to Ksh.1.8 trillion.
- Consolidated Bank has bounced back to profit-making territory following years of losses. The bank reported a Ksh.21.6 million net profit for the half-year ending June 30, 2025, compared to a loss of Ksh.76.8 million during the same period last year.
- Kenya Power on Thursday said interactions on its self-service MyPower application rose by 22.12 percent to 2.02 million during the financial year ended June 30, 2025, up from 1.65 million in the previous financial year.
- President William Ruto on Wednesday announced that China has agreed to lift all tariffs on key Kenyan agricultural exports, including tea, coffee, and avocados, a major trade milestone even as Nairobi’s dalliance with Beijing continues to stir tensions with the United States.
- KRA has announced a significant growth in excise duty on betting services, with a record Ksh.13.233 billion in the 2024/2025 financial year, above its set target of Ksh.11.288 billion.
- Nakuru county has been lauded for its initiatives to properly manage waste, enhance sanitation and at the same provide alternative clean energy solutions. One of the initiatives in the county is NAWASSCOAL, a project turning human waste within Nakuru city into briquettes that are used as an…
- Electric vehicle maker Tesla handed its chief executive Elon Musk a $29 billion (about Ksh.3.8 trillion) pay package Monday, as a lengthy legal battle over his compensation winds on.
- The graduating Fellows received certificates for completing the 10-month Food Systems Leadership Programme, which equips them with the skills, knowledge, and connections needed to initiate and deliver effective food systems actions.
- If you’ve been caught in heavier-than-usual traffic or even noticed sudden roadworks cropping up across Nairobi, it’s no coincidence. From major highways to estate roads, contractors are back—marking a major turnaround after years of stalled projects.
- Family Bank has secured a USD 20 million (Ksh.2.6 billion) trade finance facility from British International Investment (BII), the UK’s development finance institution and impact investor, to expand access to financing for micro, small and medium-sized enterprises (MSMEs) in trade-related sectors…
- CFAO Mobility Kenya, a leading automotive solutions provider, has partnered with Equity Bank Kenya to launch a strategic asset financing initiative that will see schools and institutions access up to 105% financing to purchase select vehicle models under the CFAO Mobility portfolio.
- Stakeholders in the Kenyan transport sector have condemned Tanzania's move to ban Kenyans and other East African nationals from running small-scale businesses in their nation.
- Glass bottle waste is a growing environmental concern in Kenya, despite the country adopting the extended producer responsibility model, which requires producers to manage the environmental impact of their products. As part of tackling the glass waste problem, a local entrepreneur is now upcycling…
- The Cabinet despatch sent to newsrooms Tuesday evening highlighted several landmark decisions by the Cabinet, as government moves to effect several changes.
- The Kenya Electricity Generating Company PLC (KenGen) has commissioned a new Battery Energy Storage System (BESS) to supply uninterrupted renewable power to its modular data center.
- Warner Bros Discovery (WBD.O), said the two companies created by the separation of its studio, streaming and cable TV units would be named Warner Bros and Discovery Global, unwinding a merger in less than four years due to seismic shifts in the entertainment industry.
- KenGen provided over 57 per cent of Kenya's daily electricity generation to meet the surging demand for power, according to the latest reports by the Energy and Petroleum Regulatory Authority (EPRA).
- Safaricom has announced it has surpassed 50 million customers on its mobile network in Kenya, marking a major milestone ahead of its 25th anniversary in October 2025.
- Retail giant Carrefour has launched a new program, 'Choose Better,' designed to empower Kenyan consumers to make healthier and more sustainable choices accessible and appealing.
- Kenya’s capital markets have recorded a milestone with the listing of a Ksh.44.9 billion infrastructure-backed security on the Nairobi Securities Exchange (NSE).
- Singapore is intensifying its focus on Nairobi as a strategic anchor for strengthening trade, innovation, and green investment ties between Asia and Africa.
- In an effort to promote eco-friendly green transport across the country, electric mobility company BasiGo Ltd has launched a pilot for electric public service transport on inter-city routes.
- Edible oils are part of the daily meals in most Kenyan homesteads, with demand going up every day. To meet the demand, Kenya normally imports most of the edible oils used by its citizens. To address the gaps created by the rising demand, a local innovator is now making machines that help to make…
- The Global Findex 2025 report by the World Bank found that in 2024 formal borrowing in Kenya recorded an increase from 2021, where majority sought funds from mobile money accounts.
- Equity Bank Kenya and the International Finance Corporation (IFC) have announced a major partnership to roll out the Goldman Sachs 10,000 Women online business course, aiming to bolster the skills of women entrepreneurs across Kenya.
- HAVAS Africa has announced the rebrand of its long-standing Kenyan operations from HAVAS PR to HAVAS Red Kenya, marking a significant milestone in the agency’s growth and commitment to the East African region.
- The Kenya Revenue Authority (KRA) has rolled out a major recruitment drive that aims to develop a skilled and adaptable workforce to bolster service delivery to taxpayers.
- African leaders are pushing to speed up implementation of a continent-wide deal to boost trade as growing concerns over U.S. tariffs, including rates as high as 50% for Lesotho, threaten to decimate industries and hit economic growth.
- Global energy management giant Schneider Electric has launched Zeigo Hub, a new digital platform aimed at helping organisations decarbonise their supply chains and accelerate their journey to net-zero.
