Business

Hello, Jason here. Welcome to today’s edition of The Business Roundup, where we bring you the latest international and local...

Faulu Microfinance Bank is a limited liability company duly incorporated in Kenya under the Companies Act. The bank is regulated...

KCB Group PLC and Access Bank PLC (Access Bank) have completed the sale of National Bank of Kenya Limited (NBK)...

The Kenya Revenue Authority (KRA) has announced an update to the prices used to calculate taxes on second-hand cars imported...

1,500 businesses are set to benefit following the launch of a new initiative aimed at transforming the way early-stage businesses...

Purple Tower is located along Mombasa Road, standing as an iconic 62-meter-high building that combines modern design with practical features...

Agritech startup Twiga Foods has announced plans to lay off some of its workforce as it halts operations in Nairobi...

The Kenya Tea Development Agency Management Services Ltd. (KTDA MS) has announced a public tender for the sale of boarded...

Diamond Trust Bank (DTB) is a leading regional bank, listed on the Nairobi Securities Exchange (NSE), as an affiliate of...

The Kenyan shilling remained largely unchanged against the U.S. dollar on Wednesday, May 28, trading at 129.00/50 compared to 128.95/129.45...

United Bank for Africa (UBA) Kenya Bank Limited has appointed George Odour Otieno as its new board chairman. The bank...

The Competition Authority of Kenya has approved the proposed acquisition of direct control of Jumra Limited, Sojpar Limited, and Raisons...

The Kenyan government could save billions of shillings by reducing excessive travel allowances paid to civil servants, the World Bank...

The World Bank has asked Kenya to rethink its Universal Healthcare (UHC) financing strategy, recommending a reconsideration of the mandatory...

Absa Bank Kenya has announced the retirement of Japheth Olende from its Board of Directors, ending a seven-year tenure marked...

39 Commercial banks in Kenya are increasing efforts to recover unpaid loans following concerns of an increasing number of defaulters....

Vivo Energy’s revenues in Kenya dropped for a second consecutive year, even as fuel demand picked up. The company, which...

The National Treasury plans to sell a portion of its 35% stake in Safaricom, the country’s largest telecommunications provider. Treasury...

Elon Musk has announced a shift in focus following a pair of global outages that hit his social media platform,...

The global helicopter market is set to face a shortage in 2025 as soaring demand meets a widening supply gap,...

The Nairobi Securities Exchange (NSE) has suspended trading of Bamburi Cement Plc shares, effective May 21, 2025, following the acquisition...

Family Bank has revised its base lending rate downwards from 15.95% to 14.95%, following the revision of the Central Bank...

Michael Joseph, one of Kenya’s most influential business leaders, is set to retire as Board Chairman of Kenya Airways PLC,...

The National Social Security Fund (NSSF) is under fire after an audit showed it spent Ksh 317 million on meetings...

Seven Kenyans who have been under investigation for suspected insurance fraud have been arraigned at the Chief Magistrate's court, Milimani....

The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to operate...

Fuliza is a popular service by Safaricom that allows M-PESA users to complete transactions even when they have insufficient funds...

Two Kenyan companies have issued profit warnings, signalling a turbulent financial year for the tea industry.  In statements released May...

The National Social Security Fund (NSSF) of Kenya on May 20 reported that there was an attempted cyberattack on its image...

Equity Bank has fired about 200 employees in Kenya across its branch network after internal audits uncovered a sophisticated payroll...