- Equity Group Holdings Managing Director and CEO James Mwangi has been conferred the Freedom of the City of London, one of the world’s oldest and most respected civic honours.
- As Kenya heads into the 2025/26 budget cycle, senior experts at Ernst & Young (EY) have called on the government to adopt bold expenditure cuts, tackle wastage, and rethink its tax policy to restore fiscal balance.
- From the pool to natural water bodies, swimming has increasingly become one of the most coveted activities. It plays a pivotal role in modern life, hence the need to infuse cultural and technological aspects in it. This is the idea behind Ohana Swimwear, a venture founded by Neema Nkatha to make…
- Super petrol, diesel and kerosene prices went down by Ksh.1.95, Ksh.2.20 and Ksh.2.40 per litre, respectively, in the latest Energy and Petroleum Regulatory Authority (EPRA) review announced on Monday.
- Kenya will terminate a 1.3-billion euro ( approximately Ksh.190.8 billion) highway expansion deal with a consortium led by France's Vinci SA (SGEF.PA), with the project expected to go to a Chinese contractor instead, government officials and sources said.
- Jubilee Health Insurance Limited (JHIL), a subsidiary of Jubilee Holdings, has announced stellar financial results for the year ended 31 December 2024, underscoring its resilience, innovation, and unwavering focus on delivering accessible, affordable healthcare in a fast-evolving market.
- Absa Bank Kenya PLC is increasing its lending under a Ksh.500 million financing agreement with agri-tech firm Hello Tractor and U.S. machinery manufacturer John Deere.
- Kenya's shilling gained ground against the dollar on Thursday, after U.S. President Donald Trump's unexpected decision to temporarily suspend most of his recently imposed tariffs, traders said.
- The government is set to release an additional 1,088 units of the affordable housing project to residents of Mukuru slums before the end of the month.
- Chinese companies that sell products on Amazon are preparing to hike prices for the U.S. or quit that market due to President Donald Trump's unprecedented tariff hikes.
- The WCF Africa Summit 2025 was officially launched in Nairobi on Wednesday, with government officials, members of the diplomatic corps, development partners, chamber leaders, and members of the business community in attendance.
- President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negotiations with some nations.
- One of the ways Kenya is becoming food secure is through value addition which helps to reduce post-harvest losses and create employment opportunities. Entrepreneurs are now venturing into agri-business to provide such solutions, one of them being Patrick Maina, who founded Pana Food Technologies,…
- Kenya is among those exporters hoping a smaller Trump tariff blow vis-a-vis competitors might help them emerge as winners in the nascent global trade war, but translating the disparity into an advantage will be an uphill struggle.
- Bolt has committed Ksh.14 billion over the next three years to raise awareness of its safety features and scale up preventive measures. The company has rolled out several technological advancements designed to mitigate risks and ensure a safer experience for all users.
- Treasury and Economic Planning Cabinet Secretary John Mbadi, has expressed concerns that Kenya's economy is not on the right trajectory, while expressing optimism in recovery.
- Treasury and Economic Planning Cabinet Secretary John Mbadi, has expressed concerns that Kenya's economy is not on the right trajectory, while expressing optimism in recovery.
- Business leaders have called for collaboration within the industry among stakeholders to create a favourable tax environment and help shape policies that support business operations.
- The United States on Wednesday imposed a 10 percent reciprocal tariff on Kenya as part of President Donald Trump’s latest round of trade tariffs on all imports to America.
- Tesla's (TSLA.O) quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk's politics, rising global competition and people waiting for a refresh to its highest-selling electric vehicle Model Y.
- Kenya denied on Wednesday it had discussed debt restructuring with China's finance minister after amending a reference in a social media post released in the wake of a meeting between the two countries' top finance officials.
- The Kenya Revenue Authority (KRA) has announced plans to simplify the Pay As You Earn (PAYE) return process for all employers, including Micro Small and Medium Enterprises (MSMEs) to boost compliance.
- Chinese smartphone maker giant Huawei said Monday that profits fell 28 percent last year as it faced international economic uncertainty and weak consumption at home.
- Primark chief executive Paul Marchant has resigned following a company investigation into his behaviour toward a woman "in a social environment", the budget fashion chain's owner Associated British Foods announced Monday.
- CIC Insurance Group Plc has posted a Profit Before Tax of Ksh.3.99 billion in its 2024 full year financial results compared to Ksh.2.54 billion recorded in 2023, representing a 57% growth.
- The Micro Small Enterprise Authority (MSEA) has formalized a strategic partnership with key industry players to enhance cold storage facilities in Meru, Kisii, and Nyandarua counties, which will benefit small-scale farmers.
- Kenya will host the Financing Agri-food Systems Sustainably (FINAS) Summit 2025 from May 20-22 in Nairobi bringing together global leaders, policymakers, financiers, and food system stakeholders to address the pressing issue of food systems financing in Africa.
- Kenya’s boda boda riders, a crucial force in the country’s mobility and delivery sector, continue to face significant financial risks due to inadequate insurance coverage.
- Kenyans are borrowing an average of Ksh.500 million daily, amounting to Ksh.15 billion monthly, a new report by the Digital Financial Services Association of Kenya (DFSAK), has revealed.
- In the wake of the United States' recent halting of all foreign assistance through USAID, of which Kenya was a beneficiary, Treasury Cabinet Secretary John Mbadi says they anticipate a similar move from the European Union (EU).
- Missed disbursements from the International Monetary Fund complicate the Kenyan government's strategy of lowering its debt-servicing costs and could delay other funding.
- Chinese carmaker BYD saw a surge in revenue last year, a stock filing showed Monday, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion.
- From 14th February 2025, the government is implementing a directive that requires all goods destined to Kenya to have a mandatory marine cargo insurance certificate issued by a locally incorporated insurance company in line with the provisions of section 20 of the Insurance Act cap 497.
- TransCentury Plc has secured a temporary reprieve after the High Court barred Equity Bank from appointing a receiver manager for the investment firm.
- Co-operative Bank has posted a net profit of Kshs 25.5 billion for the full year ending December 31st 2024, a 9.8% increase from Ksh.23.2 billion in 2023.
- Absa Bank Kenya PLC has announced improved financial results for the year ended December 31, 2024, with net earnings rising by 28% to Ksh.20.9 billion.
- At his workshop in Kasarani, Ngugi Mwatha and his team are busy. This is Kaia Leather, a venture he co-founded with his wife to make different leather products, after a visit to Ethiopia.