- Qatar Airways Cargo has transported 1,600 tonnes of flowers, equivalent to 25 million fresh-cut Kenyan red roses, on its Nairobi-Doha and Liège routes in time for Valentine’s Day.
- The Kenya Chamber of Commerce and Industry (KNCCI) has welcomed the government’s decision to settle outstanding verified pending bills owed to contractors and service providers.
- Nine women-led small and medium-sized enterprises (SMEs) are among 50 companies from Africa and Asia on a trade mission in Manchester, United Kingdom, to network and widen Kenyan products’ overseas market.
- The Central Bank of Kenya (CBK) was awarded for the new banknotes released in August 2024 at the High Security Printing – Europe, Middle East and Africa (HSP-EMEA) Conference for 2025 in Basel, Switzerland.
- Climate change drove weeks of crop-withering temperatures last year in the West African countries that underpin the world's chocolate supply, hitting harvests and likely further stoking record prices, researchers said Wednesday.
- Kenyan motorists should brace for higher fuel prices after the Energy and Petroleum Regulatory Authority (EPRA) signalled an impending hike in pump prices come February 14, 2025.
- 78 per cent of Kenyans have reported lower incomes in 2024 than a year ago, highlighting the dire economic situation facing the workforce across the country.
- This initiative aims to connect Kenyan businesses with their European counterparts, fostering valuable business relationships and potential collaborations.
- Samsung Electronics East Africa, in collaboration with Rudra Mobile, has announced the launch of a new Samsung Experience Store (SES) at Rupa Mall in Eldoret, Uasin Gishu County.
- The Kenya Revenue Authority's Customs and Border Control has recorded a historic monthly collection of Ksh.82.55 billion in January 2025, marking a milestone in the history of customs tax revenues.
- Commercial banks that fail to comply with the Central Bank of Kenya (CBK) lending guidelines now risk penalties of up to three times their profits. This comes as CBK moves to accelerate the reduction of lending rates, following its continued monetary easing measures.
- CPF Capital & Advisory Ltd., a subsidiary of CPF Group, has signed an agreement with US infrastructure investments manager Everstrong Capital to lead the fundraising efforts for the Usahihi Expressway Project, targeting USD 1 billion (Ksh.128 billion) through the PACK Hunters Club (PHC).
- The government is considering the option of listing the Kenya Pipeline Company (KPC) on the Nairobi Stock Exchange (NSE) through an Initial Public Offering (IPO), Treasury Cabinet Secretary John Mbadi revealed.
- Absa Bank Kenya has been certified as Africa’s top employer by the prestigious Top Employer Institute for the fourth consecutive year, cementing its position as a home of talent in the financial services sector.
- 60% of Kenyan businesses do not expect to grow their workforce in 2025, reflecting a more pessimistic outlook for the year, raising concerns about unemployment levels, as slow job creation could further strain an already struggling labor market.
- The Kenya Revenue Authority (KRA) received over 800 anonymous tips related to tax evasion in 2024, leading to the recovery of over Ksh.4.3 billion, according to KRA Board Chairperson Nderitu Muriithi.
- Vivo Energy has responded to a viral video by content creator Tanuki Garage, who tested fuel quality at various petrol stations in Nairobi, raising concerns about Shell V-Power.
- The European bottling unit of Coca-Cola said Monday that it had ordered a major recall of Coke, Sprite and other beverages after detecting high levels of chlorate, which poses potential health risks.
- Insurance provider First Assurance has partnered with the Institute of Certified Public Accountants of Kenya (ICPAK) to boost penetration among the professional body’s members.
- Analysis of land and property prices in and around Nairobi done by real estate firm HassConsult in the fourth quarter of 2024 found that the tough economic environment has impacted the real estate sector.
- The Kenya Investment Authority (KenInvest) and the Kenya Private Sector Alliance (KEPSA) have announced a strategic partnership to enhance Kenya's business environment.
- Convinced that this was a good deal, Shah proceeded to deliver Ksh.102,437,500 in the hope that his friends Nic and Boytorun would be getting the US dollar equivalent at a good rate, better than what the official channels would offer.
- Research on Gen Z food choices has forced Weetabix East Africa to reposition its flagship biscuit as an ‘anytime’ food that can be consumed as a meal, snack, or dessert, a ready-to-eat cereal at any time of day, including for lunch or dinner.
- Kenya's statistics office will begin publishing core inflation data to help monetary authorities to better predict the impact of their interest rate decisions on the economy, officials said on Tuesday.
- Cabinet Secretary for Tourism and Wildlife, Rebecca Miano, flagged off a delegation of 20 students and educators to represent Kenya in the Middle East and Africa Future Leaders Challenge 2025 in Dubai.
- Businesses owned by youth, women and persons with disabilities (PWDs) took up tenders worth Ksh.4.15 billion from Kenya Power during the 2023/24 financial year, the utility said on Tuesday.
- In a significant boost to agricultural research and innovation in Sub-Saharan Africa, the CIMMYT led the inauguration of the KALRO-CIMMYT Crops Research Facility at the Kiboko Research Station.
- The signing of the Tax Amendment Act and the Tax Procedures Act by President William Ruto on December 11th last year has set the stage for significant changes in Kenya's tax regime.
- A move by the Sudanese government to introduce new banknotes and compel people to open bank accounts has boosted bank deposits and with them, the army's war effort, finance minister Jibril Ibrahim said, though some critics say it has excluded millions from the financial system.
- Kenya's earnings from exports to the European Union (EU) dropped slightly to Ksh.38 billion in the third quarter of 2024, down from Ksh.38.8 billion in the same period in 2023.
- The Competition Authority of Kenya (CAK) has unconditionally approved the proposed buyout of Doctor No Parent Limited by Canadian entrepreneur and philanthropist Stephan Crétier.
- The government seeks to raise licence fees for satellite communication service providers, a move that will see big companies like the American satellite internet firm Starlink pay more to operate in Kenya.
- All importers will be required to acquire a digital marine cargo insurance cover for their imports from locally licensed insurance companies, beginning February 14, 2025.
- Kenya's private sector activity expanded very slightly in December, with growth slowing a little from a month earlier but remaining supported by increased customer sales, a survey showed on Monday.
- The East Africa Portland Cement Company (EAPCC) board on Friday refused to ratify the appointment of Bruno Oguda Obodha as the new Managing Director as appointed by President Ruto on December 20.
- Financial solutions provider HF Group Plc (NSE: HFCK) has achieved an over-subscription on its recently concluded Rights Issue, with a total subscription performance rate of 138.32%.
- The Competition Authority of Kenya (CAK) has unconditionally approved the proposed acquisition of Economic Industries Limited by Kenafric Manufacturing Limited.
- The move is part of a strategy to bring financial services closer to people and businesses. The bank is using the opportunity to give the branch a major facelift into a pristine, modern, and convenient space.
