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      <description>Standardmedia.co.ke We deliver breaking news from across Kenya and the globe and information on the latest top stories, business, sports and entertainment headlines. Follow the news as it happens through: special reports, videos, audio, photo gallerie and many more.</description>
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      <title>Banks surpass Sh200 billion mark in tax contribution to government</title>
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      <pubDate>Fri, 23 Oct 2026 08:00:00 +0300</pubDate>
      <description><![CDATA[Kenya's banking sector paid a record Sh205.58 billion in taxes in 2025, contributing 8 per cent of Kenya's government revenue.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560691/banks-surpass-sh200-billion-mark-in-tax-contribution-to-government</link>
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      <title>UAE commits $1 billion to AI projects in Africa</title>
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      <pubDate>Thu, 22 Oct 2026 15:09:00 +0300</pubDate>
      <description><![CDATA[United Arab Emirates (UAE) is backing a US$1 billion (Sh129.8 billion) initiative to help African countries use artificial intelligence in education, agriculture and infrastructure.]]></description>
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      <title>East African summit targets skills gaps, cross-border employment</title>
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      <pubDate>Thu, 22 Oct 2026 10:33:00 +0300</pubDate>
      <description><![CDATA[East African stakeholders are seeking ways to improve skills recognition and labour mobility across the region ahead of the East African Employability Summit scheduled for November 11-12 in Nairobi.]]></description>
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      <title>Kenya courts foreign contractors to boost affordable housing projects</title>
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      <pubDate>Thu, 22 Oct 2026 10:02:47 +0300</pubDate>
      <description><![CDATA[Kenya is seeking to attract foreign building materials manufacturers to establish local production plants]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560633/kenya-courts-foreign-contractors-to-boost-affordable-housing-projects</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Slash cost of doing business, CEOs urge government</title>
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      <pubDate>Thu, 22 Oct 2026 08:00:00 +0300</pubDate>
      <description><![CDATA[CEOs called for expanded access to affordable credit through lower lending rates, simpler loan requirements and flexible repayment terms, particularly for small and medium-sized enterprises.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560613/slash-cost-of-doing-business-ceos-urge-government</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Dangote buys 25pc of Kenya Pipeline for Sh42.5b</title>
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      <pubDate>Thu, 22 Oct 2026 08:00:00 +0300</pubDate>
      <description><![CDATA[Dangote, founder and chief executive of Dangote Industries Ltd, disclosed the deal at an event in London on Wednesday, according to Bloomberg.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560616/dangote-buys-25pc-of-kenya-pipeline-for-sh42-5b</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Nairobi's financial hub status puts capital city on global investors' radar</title>
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      <pubDate>Thu, 22 Oct 2026 08:00:00 +0300</pubDate>
      <description><![CDATA[Nairobi has earned a spot among the top five cities to watch in the latest Oxford Economics Global Cities Index 2026, due to its financial hub status.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560629/nairobi-s-financial-hub-status-puts-capital-city-on-global-investors-radar</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Kenyan AI innovators win US$10,000 at inaugural Meta AI Academy Pitchathon</title>
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      <pubDate>Wed, 21 Oct 2026 15:37:52 +0300</pubDate>
      <description><![CDATA[Kenyan AI startups Neural Labs Africa and Me-Nasoma have won US$10,000 combined at Meta's inaugural Kenya Pitchathon.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560603/kenyan-ai-innovators-win-us-10-000-at-inaugural-meta-ai-academy-pitchathon</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Nairobi's luxury market draws global watch brands</title>
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      <pubDate>Wed, 21 Oct 2026 10:45:00 +0300</pubDate>
      <description><![CDATA[Nairobi's luxury retail market is attracting international brands seeking to reach wealthy consumers, with high-end watches emerging as one of the categories competing for a share of premium spending.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560604/nairobi-s-luxury-market-draws-global-watch-brands</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>African ministers back regional shipping plan to cut trade costs</title>
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      <pubDate>Wed, 21 Oct 2026 10:21:44 +0300</pubDate>
      <description><![CDATA[African ministers endorse a regional shipping framework to cut freight costs and boost intra-African trade.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560568/african-ministers-back-regional-shipping-plan-to-cut-trade-costs</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>A decade of tea sector reforms that left farmers with bitter taste</title>
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      <pubDate>Wed, 21 Oct 2026 08:20:00 +0300</pubDate>
      <description><![CDATA[Nearly six years later, the tea industry appears to be resisting the changes intended to turn the tide in favour of farmers.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560526/a-decade-of-tea-sector-reforms-that-left-farmers-with-bitter-taste</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Bad loans hit Sh60b as Sacco regulator blames non-remittance of dues</title>
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      <pubDate>Wed, 21 Oct 2026 08:00:00 +0300</pubDate>
      <description><![CDATA[In the report, unremitted funds related to loan payments have almost doubled from Sh1.68 billion in 2023 to Sh3.04 billion in 2025.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560520/bad-loans-hit-sh60b-as-sacco-regulator-blames-non-remittance-of-dues</link>
      <dc:creator>Standard Business</dc:creator>
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    <item>
      <title>If not keen, your revenue growth can destroy a business</title>
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      <pubDate>Wed, 21 Oct 2026 07:30:00 +0300</pubDate>
      <description><![CDATA[Remember that, growth is a number. But scaling is a structure you survive on. Growth means getting bigger, more revenue, more customers, more work.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560558/if-not-keen-your-revenue-growth-can-destroy-a-business</link>
      <dc:creator>Standard Business</dc:creator>
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    <item>
      <title>The festive sales trap: Your January cash crisis is already taking shape</title>
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      <pubDate>Wed, 21 Oct 2026 07:00:00 +0300</pubDate>
      <description><![CDATA[Accounts already past 60 days should be escalated today, internally or to a professional recovery partner.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560557/the-festive-sales-trap-your-january-cash-crisis-is-already-taking-shape</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Innovation hub launched to drive local healthcare solutions</title>
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      <pubDate>Tue, 20 Oct 2026 16:52:00 +0300</pubDate>
      <description><![CDATA[The hub is designed to support innovators in developing, testing, and commercializing interventions targeting systemic healthcare gaps.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560530/innovation-hub-launched-to-drive-local-healthcare-solutions</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Kenyatta, Ndegwa dynasties cash out as Nedbank completes Sh109.6 billion NCBA takeover</title>
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      <pubDate>Tue, 20 Oct 2026 09:30:00 +0300</pubDate>
      <description><![CDATA[Nedbank Group has completed its Sh109.6 billion takeover of Kenya's NCBA Group, marking the end of an era for one of most prominent banking institutions.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560483/kenyatta-ndegwa-dynasties-cash-out-as-nedbank-completes-sh109-6-billion-ncba-takeover</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Broke at 60: Why most workers beg in retirement</title>
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      <pubDate>Tue, 20 Oct 2026 08:30:00 +0300</pubDate>
      <description><![CDATA[Only 29 per cent of Kenyan workers feel prepared for retirement, with family expenses, debt and irregular incomes undermining savings.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560476/broke-at-60-why-most-workers-beg-in-retirement</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>EPRA warns of fuel price pressures after bombing of two vessels</title>
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      <pubDate>Tue, 20 Oct 2026 08:00:00 +0300</pubDate>
      <description><![CDATA[EPRA warns that the Middle East conflict and attacks on fuel vessels bound for Kenya could push fuel prices higher.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560480/epra-warns-of-fuel-price-pressures-after-bombing-of-two-vessels</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Treasury seeks disposal of old cars, furniture in hunt for cash</title>
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      <pubDate>Tue, 20 Oct 2026 08:00:00 +0300</pubDate>
      <description><![CDATA[The Treasury has ordered public entities to auction obsolete vehicles, furniture and equipment as the government seeks cash amid rising public debt.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560478/treasury-seeks-disposal-of-old-cars-furniture-in-hunt-for-cash</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Macadamia dealers seek fresh deadline on raw nut shipment</title>
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      <pubDate>Tue, 20 Oct 2026 06:15:00 +0300</pubDate>
      <description><![CDATA[Kenyan macadamia dealers are seeking an extension of the expired export deadline after only 700 of 14,000 approved tonnes were shipped.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560477/macadamia-dealers-seek-fresh-deadline-on-raw-nut-shipment</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Directline tops PSV insurance as high claims leave firms struggling</title>
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      <pubDate>Mon, 19 Oct 2026 06:00:00 +0300</pubDate>
      <description><![CDATA[Directline Assurance retained its lead in Kenya's PSV insurance market with a 43.41 per cent share, despite rising claims and high operating costs squeezing insurers' profitability.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560396/directline-tops-psv-insurance-as-high-claims-leave-firms-struggling</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Creatives to tackle AI, digital power at Mombasa Afrotellers conference</title>
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      <pubDate>Sun, 18 Oct 2026 12:00:00 +0300</pubDate>
      <description><![CDATA[The four-day Afrotellers Conference will discuss ownership of African stories, cultural representation and the future of the continent's creative economy.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560367/creatives-to-tackle-ai-digital-power-at-mombasa-afrotellers-conference</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Co-op Bank wins Water Finance Award as funding gap endures</title>
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      <pubDate>Sun, 18 Oct 2026 09:55:15 +0300</pubDate>
      <description><![CDATA[The recognition comes even as the water sector in the country grapples with losses of nearly half its treated supply and a financing shortfall of roughly Sh466 billion.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560353/co-op-bank-wins-water-finance-award-as-funding-gap-endures</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Why banks are holding on to physical branches</title>
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      <pubDate>Sun, 18 Oct 2026 07:00:00 +0300</pubDate>
      <description><![CDATA[Yet despite the billions invested in technology-enabled banking, the need for face-to-face interaction between banks and their customers remains.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560322/why-banks-are-holding-on-to-physical-branches</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>ACA recognized for safeguarding consumers across Africa</title>
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      <pubDate>Sat, 17 Oct 2026 20:14:00 +0300</pubDate>
      <description><![CDATA[ACA has been named Anti-Counterfeit Enforcement and Consumer Protection Provider of the Year.]]></description>
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      <dc:creator>Standard Business</dc:creator>
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      <title>KPA steps up Mombasa port expansion as cargo volumes surge</title>
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      <pubDate>Sat, 17 Oct 2026 13:18:30 +0300</pubDate>
      <description><![CDATA[Kenya Ports Authority is also positioning the Port of Lamu as a complementary gateway in Kenya's maritime development strategy.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560312/kpa-steps-up-mombasa-port-expansion-as-cargo-volumes-surge</link>
      <dc:creator>Standard Business</dc:creator>
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      <title>Of chaos, two wheels and two sides: How boda-bodas keep the country moving</title>
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      <pubDate>Fri, 16 Oct 2026 11:00:00 +0300</pubDate>
      <description><![CDATA[For millions, the motorcycle is a lifeline, ferrying passengers, delivering goods, creating jobs and connecting communities beyond the reach of conventional public transport.]]></description>
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      <pubDate>Fri, 16 Oct 2026 08:00:00 +0300</pubDate>
      <description><![CDATA[The depletion of Kenya's Petroleum Development Levy Fund, surging global fuel costs and geopolitical tensions have driven up pump prices.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560225/fuel-prices-may-go-higher-as-subsidies-fund-depleted</link>
      <dc:creator>Standard Business</dc:creator>
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      <description><![CDATA[African business leaders are urging governments to remove trade barriers and improve infrastructure to boost intra-African trade through AfCFTA.]]></description>
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      <dc:creator>Standard Business</dc:creator>
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      <description><![CDATA[SBM Bank Kenya's net profit rose to Sh591 million in the first nine months of 2026, supported by higher income, improved loan quality and cost controls.]]></description>
      <link>https://www.standardmedia.co.ke/business/article/2001560237/sbm-bank-posts-sh591m-profit-on-33pc-income-growth</link>
      <dc:creator>Standard Business</dc:creator>
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