- The Competition Authority of Kenya (CAK) has unconditionally approved the proposed acquisition of the entire shareholding in Pollman’s Tours and Safaris by Africa Travel Investments.
- The National Treasury is slashing the three per cent levy on digital assets trade introduced in 2023 by half to 1.5 per cent in the 2025 Finance Bill.
- Over 70% of Kenyans expect to receive at least two performance bonuses in 2025, with a significant number opting to channel their windfalls into wealth-building avenues such as investments, savings, and property acquisition.
- The fashion industry in Kenya is experiencing immense growth, with new trends taking centre stage every day. One such trend is wearable jewellery, especially among celebrities on big occasions. To meet this demand, Sharon Wendo founded Epica Jewellery to make African jewellery with a modern touch,…
- The innovation,set to transform Kenya’s digital payments landscape, dubbed the Faras Wallet, is the first of its kind in Kenya’s ride-hailing industry.
- The Kenya Ports Authority (KPA) has noted a significant increase in ship traffic at the Kisumu port as cargo volumes shipped across Lake Victoria also going up.
- Kenya Power announced on Monday that it will install some 45 electric vehicle (EV) chargers across six counties in the next year as part of the utility’s long-term plan to boost Kenya’s EV uptake.
- The Competition Authority of Kenya (CAK) has given Del Monte Kenya Limited the nod to acquire 100% of Mananasi Fibre Limited's (MFL) shares on grounds that it will not negatively impact competition in the market.
- The Kenya Bankers Association, the umbrella body for all commercial banks, has warned of lower credit extension to the private sector should the Central Bank of Kenya insist on its proposed risk-based credit pricing model, which they say risks stifling access to credit for vulnerable enterprises.
- The National Treasury has chosen to walk away from tax measures that directly impact Kenyans and is instead taking away reliefs that could eventually lead to more expensive consumer goods.
- Kenyan company Rapid Ride has launched digital ride-hailing services in the local market with a model that sees drivers keep all fares and pay a subscription fee.
- Kenya's inflation rate (KECPI=ECI), opens new tab in April rose to 4.1% year-on-year, up from 3.6% a month before, the statistics office said on Wednesday.
- As the government prepares to unveil its expenditure plan for the financial year 2025/2026, the Treasury will be forced to find alternative sources of funding for the Ksh.4.2 trillion budget without the support of the International Monetary Fund (IMF).
- The Kenya National Police DT SACCO (KNPDTS) has secured a solid vote of confidence in its financial performance, following the reaffirmation of its national issuer credit ratings by GCR Ratings, a respected Johannesburg-based agency.
- The service will see the company support businesses of all sizes, including large corporates, SMEs, multinationals and innovators to find the right people in the city for implementing pilots and assessing their efficacy.
- Commercial banks will have until May 2, 2025 to submit their feedback on the Central Bank of Kenya's consultative paper on the review of the risk-based credit pricing model.
- As a result of the Trump tariffs, the fund has downgraded the global economic growth to 2.8%, a significant drop from the earlier prediction of 3.3% for 2025.
- China and Kenya announced they had upgraded ties to a "new level" on Thursday during a meeting between President Xi Jinping and Kenyan President William Ruto in Beijing, as they both pledged to create an "all weather" China-Africa community.
- GulfCap Investments Bank and real estate equity firm Heri Investments have sealed a Ksh.1.2 billion deal to expand Nova Pioneer schools in Tatu City through a Sharia-compliant financing structure.
- US regulators filed a lawsuit on Monday accusing Uber of misleading users about promotional savings at Uber One subscription service and even signing them up without consent.
- The Kenya National Chamber of Commerce and Industry (KNCCI) Chief Executive Officer, Ahmed Farah, has left the organisation following a five-month stint.
- The Kenya National Chamber of Commerce and Industry (KNCCI) Chief Executive Officer, Ahmed Farah, has tendered his resignation following a five-month stint.
- The National Treasury has issued a set of guidelines to all accounting officers in ministries, departments, and agencies, as well as those in constitutional commissions and independent offices, and county executives and their entities.
- On the rolling green hills of the Sitoi estate in Nandi County, more than 100 residents are occupying 350 acres (140 hectares) of land, picking tea and living in huts made of mud and rusty iron sheets while grazing their cattle.
- Kenya Airways (KQ) announced on Thursday it had diverted some of its flights scheduled to land at Nairobi’s Jomo Kenyatta International Airport (JKIA) due to poor visibility.
- The inaugural East Africa Somali Awards held in Nairobi brought together business leaders, entrepreneurs, and dignitaries from across the region to recognize the transformative role of Somali-led investments in East Africa’s economic growth.
- In February 2025, while addressing a Bunge La Mwananchi forum at Jevanjee Gardens in Nairobi, Mbadi noted that the government is exploring alternative strategies to raise revenue including widening the tax base and prioritizing fiscal discipline.
- Gen Z is emerging as the biggest spenders in Kenya, according to new research projecting that over 17 million consumers in the generation born between 1997 and 2012 will spend Ksh.4.4 trillion (US$34 billion) on goods and services in 2025.
- 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,…
