Competition watchdog approves National Bank acquisition by Nigerian lender
The Competition Authority of Kenya has approved the acquisition of the entire issued share capital of the National Bank of Kenya by Nigerian lender, Access Bank.
By 13 days ago
Competition watchdog approves National Bank acquisition by Nigerian lender
Northern Kenya eyes investment boost as Sh3.37b loans disbursed to MSMEs
More than 13,000 micro, small and medium-sized enterprises in Northern Kenya have received $26.1 million (Sh3.37 billion) financing from an impact investment fund.
By 13 days ago
Northern Kenya eyes investment boost as Sh3.37b loans disbursed to MSMEs
Survey: Women spending dips despite retailers' increased sales
Though people aged between 36 and 45 had the highest proportion of individuals spending more, this was offset by a large proportion of those aged 18 and 35 spending less.
By 14 days ago
Survey: Women spending dips despite retailers' increased sales
KenGen profit jumps 35 per cent to Sh6.8b on higher power output
Kenya Electricity Generating Company PLC (KenGen) has posted a Sh.6.8 billion profit after tax for the year ended June 2024, representing a 35 per cent increase from the previous year.
By 14 days ago
KenGen profit jumps 35 per cent to Sh6.8b on higher power output
Boda boda business on the wane as lenders shy away
The motorcycle business has dropped significantly on the back of the prevailing high cost of living and as financial institutions scale back lending to households.
By 20 days ago
Boda boda business on the wane as lenders shy away
Lack of awareness blamed for low MSMEs tax revenues
To ensure compliance and increase revenue collection from the MSME sector, the Kenya Revenue Authority (KRA) says it working on ways to increase tax awareness.
By 21 days ago
Lack of awareness blamed for low MSMEs tax revenues
Ministry launches plan to increase revenue from tourism levy
The Tourism Fund’s strategic plan for the period 2024-29 aims to overcome challenges faced by the tourism sector and harness the potential in the industry.
By 23 days ago
Ministry launches plan to increase revenue from tourism levy
Premium
Habil Olaka: My 14-year journey in building the bankers' lobby
According to Dr Habil Olaka, most of the shocks that have hit the Kenyan economy are externally driven.
By 27 days ago
Habil Olaka: My 14-year journey in building the bankers' lobby
High energy costs, unpredictable taxes cut private sector efficiency
Unpredictable tax regimes, high energy costs, and a lack of tax policies have been cited as major issues that negatively impact Kenya’s trade and industry sectors.
By 1 month ago
High energy costs, unpredictable taxes cut private sector efficiency
Agencies in fresh plan to market Kenyan coffee
Two State agencies have partnered in a new initiative that is expected to enhance marketing of Kenyan coffee locally and abroad.
By 1 month ago
Agencies in fresh plan to market Kenyan coffee
Mwalimu Sacco eyes asset base of over Sh100 billion in two years
Mwalimu National Sacco says it is projecting to increase its asset base from Sh66.4 billion to Sh100 billion by 2026, representing a three per cent upward growth.
By 1 month ago
Mwalimu Sacco eyes asset base of over Sh100 billion in two years
Ruto's agriculture rebound buoyed by favourable weather and fertiliser
The agricultural sector rebounded strongly last year influencing the Kenyan economy to grow by 5.6 per cent in that year, compared to the 4.9 per cent growth rate in the previous year.
By 1 month ago
Ruto's agriculture rebound buoyed by favourable weather and fertiliser
Bamburi Cement confirms Sh25b bid from Savannah Clinker
Bamburi Cement has confirmed receipt of a Sh25.4 billion bid from Savannah Clinker to acquire its entire shareholding.
By 2 months ago
Bamburi Cement confirms Sh25b bid from Savannah Clinker
Business picks up after Gen Z's anti-tax protests die out
Kenya’s business environment recorded a mild recovery in August, with firms raising their output levels for the first time in three months.
By 2 months ago
Business picks up after Gen Z's anti-tax protests die out
Business activities picked up in August as Gen Z demos die out
Kenya's business environment recorded a mild recovery in August, with firms raising their output levels for the first time in three months.
By 2 months ago
Business activities picked up in August as Gen Z demos die out
Association wants state to reinstate ban on export of raw macadamia
The Macadamia Nuts Association of Kenya (MACNUT) has asked the government to re-evaluate the policy allowing the export of unprocessed macadamia.
By 2 months ago
Association wants state to reinstate ban on export of raw macadamia
Land dispute blocks LTWP from cashing in on carbon credits trade
Lake Turkana Wind Power (LTWP) says it is unable to offset its carbon credits due to a protracted land dispute with the local community in Marsabit County.
By 2 months ago
Land dispute blocks LTWP from cashing in on carbon credits trade
Gikomba traders to benefit from financial literacy initiative
Businesswomen in Gikomba Market are set to benefit from a financial literacy campaign launched by Sunlight.
By 2 months ago
Gikomba traders to benefit from financial literacy initiative
Z Boskovic Air honours its founders in 60-year celebration
One of Eastern Africa’s leading air charter companies, Z Boskovic Air Charters, celebrated 60 years in the aviation industry by honouring its founders and leadership.
By 2 months ago
Z Boskovic Air honours its founders in 60-year celebration
Counties get Sh13b for climate change mitigation, adaptation
A total of Sh12.6 billion has given to 45 counties through the Locally-Led Climate Action Programme as part of the County Climate Resilient Investment Grant.
By 2 months ago
Counties get Sh13b for climate change mitigation, adaptation
Kenya Pipeline is too strategic to sell, says CS
Wandayi and Managing Director said they are exploring ways to expand markets in the region as the company plans to diversify into LPG business and establish fibre-optic cables countrywide.
By 2 months ago
Kenya Pipeline is too strategic to sell, says CS
Britam's innovation hub to support six start-up ventures
Britam’s BetaLab is committed to fostering a thriving innovation ecosystem and empowering the next generation of entrepreneurs.
By 2 months ago
Britam's innovation hub to support six start-up ventures
Petitioners urge Samia Suluhu to halt trophy hunting of elephants
Tanzania’s decision to issue hunting permits for ‘super tuskers’ has been criticized with Kenya’s elephant population having grown from 16,000 in 1989 to over 36,280 in 2021.
By 3 months ago
Petitioners urge Samia Suluhu to halt trophy hunting of elephants
New programme to help startups get investor-ready
Change in the mindset has been cited as a major challenge faced when transforming startups into bankable, investor-ready and profitable entities.
By 3 months ago
New programme to help startups get investor-ready
KTB seeks to tap into the Kenyan diaspora to attract more tourists
The Kenya Tourism Board (KTB) is rallying Kenyans in diaspora to support the country to hit three million tourist arrivals a year.
By 3 months ago
KTB seeks to tap into the Kenyan diaspora to attract more tourists
EABL full-year profit down 12pc to Sh11b on inflation and unrest
Results blamed on inflation, shilling devaluation, social unrest, and floods that ate into its net sales.
By 3 months ago
EABL full-year profit down 12pc to Sh11b on inflation and unrest
Tourism agency bets on adventure travel to grow numbers
Tourism has demonstrated resilience and potential to attract more visitors.
By 3 months ago
Tourism agency bets on adventure travel to grow numbers
GPF Director receives prestigious Hive Africa Global leaders Award
Global Peace Foundation's (GPF) Kenya's Executive Director Daniel Juma has been awarded the prestigious Hive Africa Global Leaders Award.
By 3 months ago
GPF Director receives prestigious Hive Africa Global leaders Award
New report highlights gender disparity in regional jobs
A new report by the Intergovernmental Authority for Development (Igad) has shown that more women than men were unemployed between 2012 and 2022.
By 4 months ago
New report highlights gender disparity in regional jobs
Jobs boost for women, youth in fresh Sh13b fisheries drive
More than 240,000 people around Africa are set to benefit from a new Sh12.9 billion programme targeting the fisheries value chain over the next four years.
By 4 months ago
Jobs boost for women, youth in fresh Sh13b fisheries drive
Premium
The hidden cost of uninsured employees
The culprit behind this low private health insurance adoption rate? Soaring healthcare costs.
By 4 months ago
The hidden cost of uninsured employees
Ecobank launches 2024 fintech challenge
Ecobank Fintech Fellows will gain access to opportunities through collaboration with Ecobank and its partners, including multinational product rollout, and service provider partnerships.
By 5 months ago
Ecobank launches 2024 fintech challenge
Private beachfront ownership hurting tourism
Private land ownership at the beachfront has been cited as a key challenge facing the growth of hotel businesses in the Coastal region.
By 5 months ago
Private beachfront ownership hurting tourism
Brookside ups bonus payment to farmers by 54pc to Sh218 million
Farmers contracted by Brookside Dairy have a reason to smile after the processor announced a Sh218 million bonus payout.
By 5 months ago
Brookside ups bonus payment to farmers by 54pc to Sh218 million
Kenyans warn new punitive tax proposals will hurt investments
Kenyans say provisions in the Finance Bill 2024 will retard economic growth, impoverish Kenyans and lead to job losses.
By 5 months ago
Kenyans warn new punitive tax proposals will hurt investments
Lessons from running TVET for 25 years
Challenges include acquiring right staff, getting relevant accreditation and unfair competition from peers.
By 5 months ago
Lessons from running TVET for 25 years
Premium
'Don't gamble with tax', private sector tells Ruto
Finance bill likely to cause business shut down, massive job losses, further increase in cost of living and failure by the taxman to grow tax collections.
By 5 months ago
'Don't gamble with tax', private sector tells Ruto
'Poor public finance management is incentive for graft'
Lack of capacity and insufficient policies and procedures are leadership challenges facing financial management systems in Africa.
By 5 months ago
'Poor public finance management is incentive for graft'
Acorn Holdings secures Sh. 23.6B funding from the U.S. DFC
The financing will see development of 35 new affordable student housing units in Kenya which will offer a package of key essential services and amenities at an affordable monthly rate to students.
By 5 months ago
Acorn Holdings secures Sh. 23.6B funding from the U.S. DFC
State agency to up safety standards in nuclear energy
Kenya will have its first nuclear power plant up and running by 2035. A site for construction has been identified along the coastal belt, with feasibility studies ongoing. 
By 5 months ago
State agency to up safety standards in nuclear energy
Ruto meets divided Nairobi leaders, Gachagua allies
Politics
By Ndung’u Gachane
32 mins ago
Judges freeze Ahmednasir ban case before High Court
National
By Kamau Muthoni
32 mins ago
Fuliza gang in Sh449m heist to lose property
National
By Kamau Muthoni
32 mins ago
How Gen Z protesters were abducted, extorted by armed hooded men
National
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32 mins ago