BUSINESS NEWS

Kenya’s onion sector is expanding rapidly, driven by the adoption of hybrid seeds, improved farming methods, and growing regional trade. In recent years, the industry has shifted from traditional seed varieties and low yields to more efficient production systems. Hybrid onion seeds, particularly F1…

The Kenya Revenue Authority (KRA) has launched a WhatsApp-based service that enables taxpayers to file returns and generate invoices directly through the messaging platform. The new service is built around the Shuru Chatbot, which users can access via KRA’s official WhatsApp number. After sending a…

Kenya Airways recorded a net loss of Sh17.2 billion for the financial year ending December 2025, reversing a Sh5.4 billion profit from 2024. The airline’s operating loss narrowed to Sh5.6 billion, down from Sh16.6 billion the previous year. Revenue, however, fell sharply by Sh27 billion to Sh161.4…

Kenya Airways has seen a sharp increase in passenger bookings on its international flights, with many routes operating near full capacity. The airline attributed the rise to disruptions in global aviation caused by the ongoing conflict in the Middle East. At the start of the year, Kenya Airways was…

Kenya’s agricultural exports are facing delays and suspensions, with meat and animal products worth around Sh300 million weekly affected by disrupted trade routes. Agriculture Cabinet Secretary Mutahi Kagwe said the conflict involving Iran is already impacting shipments. Exporters have reported…

The National Bank of Rwanda (NBR) and the Central Bank of Kenya (CBK) have signed a memorandum of understanding to establish a cross-border payment licensing framework.  The agreement aims to allow payment service providers licensed in one country to operate in the other with fewer regulatory…

Kenya's inflation rate eased slightly in February, with the Consumer Price Index (CPI) from the Kenya National Bureau of Statistics (KNBS) showing mixed movements across key sectors. Food prices remain a major contributor to household expenses, with vegetables experiencing notable price increases.…

The Court of Appeal has declined to grant interim orders protecting two Nairobi-based beer distributors from possible termination of their contracts, leaving their agreements open to change while an appeal proceeds. Ngong Matonyok Wholesalers Limited and Manara Limited had asked the court to…

Kenya's public finances have been strained after President William Ruto rejected the Finance Bill in mid-2024, forcing the government to find new ways to manage essential services and debt obligations without the expected Sh346 billion in new revenue. The decision came amid mass protests led by…

Nairobi will introduce higher service charges from July 2025 after the county assembly approved a new five-year tariff framework. The policy, which will run from 2025 to 2030, replaces the long-standing system of by-laws and annual Finance Acts by linking fees directly to the cost of providing…