BUSINESS NEWS

Mombasa Port Reports 300% Surge in Transhipment Activity
Mombasa Port Reports 300% Surge in Transhipment Activity
The Mombasa Port is currently witnessing a substantial surge in vessel traffic, reported by the… read more...
NEMA Implements Strict Regulations to Phase Out Ozone-Depleting Refrigerants
NEMA Implements Strict Regulations to Phase Out Ozone-Depleting Refrig…
Beginning January 2026, Kenya will cease imports of hydrochlorofluorocarbons (HCFCs) refrigerants,… read more...
EPRA Slashes Fuel Prices by Sh4.37 per Litre Ahead of Festive Season in Kenya
EPRA Slashes Fuel Prices by Sh4.37 per Litre Ahead of Festive Season i…
The Energy and Petroleum Regulatory Authority (EPRA) has announced a notable reduction in fuel… read more...
Travel Agents Challenge 16% VAT on Air Tickets, Argue Travel is No Longer a Luxury in Kenya
Travel Agents Challenge 16% VAT on Air Tickets, Argue Travel is No Lon…
The Kenya Association of Travel Agents (KATA) has launched a petition in response to the proposed… read more...
Kendu Bay Town Welcomes First Bank Branch After Century of Waiting
Kendu Bay Town Welcomes First Bank Branch After Century of Waiting
Kendu Bay, a historic trading centre in Homa Bay County, is set to undergo an economic transition… read more...
How Kenyan Hackers are Dismantling M-KOPA's Digital Financing Model
How Kenyan Hackers are Dismantling M-KOPA's Digital Financing Mod…
Kenya’s mobile financing sector is currently grappling with challenges as it seeks to broaden… read more...
Kenya's Parliament Proposes eTIMS Exemption for Small Businesses
Kenya's Parliament Proposes eTIMS Exemption for Small Businesses
Kenya's National Assembly Finance Committee has recommended exempting small businesses from the… read more...
Kenyan MPs Recommend Full Investigation of Energy Sector Irregularities
Kenyan MPs Recommend Full Investigation of Energy Sector Irregularitie…
The National Assembly's Departmental Committee on Energy has recommended a thorough investigation… read more...
Kenya's Aviation Sector Calls for Global Standard Tax Policies
Kenya's Aviation Sector Calls for Global Standard Tax Policies
The Kenyan aviation industry is facing a risk to its position as the leading air transport hub in… read more...
How Cloud Seeding Saves Billions in Naivasha Flower Industry
How Cloud Seeding Saves Billions in Naivasha Flower Industry
Farmers in Naivasha have implemented innovative methods to overcome the issues caused by… read more...
Kenya Welcomes Google's Massive Sh116bn Digital Transformation
Kenya Welcomes Google's Massive Sh116bn Digital Transformation
A comprehensive report by Google reveals that the company's digital services generated… read more...
COMESA Report: Kenyans Charged 21% Above Fair Price for Cooking Oil
COMESA Report: Kenyans Charged 21% Above Fair Price for Cooking Oil
The report from the Common Market for Eastern and Southern Africa (COMESA) reveals that cooking oil… read more...
Court Blocks Safaricom's Bonga Points Expiry Plan, Upholds Consumer Rights
Court Blocks Safaricom's Bonga Points Expiry Plan, Upholds Consum…
The High Court of Kenya has invalidated Safaricom's attempt to impose expiration dates on its Bonga… read more...
CBK Introduces Updated Banknotes with Advanced Security Features
CBK Introduces Updated Banknotes with Advanced Security Features
The Central Bank of Kenya (CBK) has announced that the release of updated banknotes for smaller… read more...
Mwaura: 105,367 Kenyans Have Secured Jobs Abroad
Mwaura: 105,367 Kenyans Have Secured Jobs Abroad
Government spokesperson Isaac Mwaura has stated that over 105,000 Kenyans have obtained job… read more...
Kenyan Shilling Experiences Modest Decline After US Election
Kenyan Shilling Experiences Modest Decline After US Election
The Kenyan shilling experienced a modest decline against the US dollar on Wednesday, November 13,… read more...
Kenyan Government Proposes Controversial 15% Tax on Social Media and Internet Services
Kenyan Government Proposes Controversial 15% Tax on Social Media and I…
The Kenyan government has proposed a 15% tax on social media and internet services, which could… read more...
Kenyan Company Wins Prestigious Earthshot Prize for Innovative Waste-Reduction Solutions
Kenyan Company Wins Prestigious Earthshot Prize for Innovative Waste-R…
Kenyan company Keep IT Cool has been awarded the top prize in the 'Build a Waste-Free World'… read more...
Safaricom Solidifies Position in Ethiopia, Reaches 52 Million Customers Nationwide
Safaricom Solidifies Position in Ethiopia, Reaches 52 Million Customer…
Kenya's telco, Safaricom now serves 46% of Ethiopia's population, just two years after entering the… read more...
KRA Takes Aim at Nil Tax Returns and Visitors in Aggressive Tax Compliance Drive
KRA Takes Aim at Nil Tax Returns and Visitors in Aggressive Tax Compli…
The Kenyan government is taking steps to enhance tax compliance and boost revenue collection by… read more...
The Booming Body Scrub Trend Transforming Nairobi's Spa Industry
The Booming Body Scrub Trend Transforming Nairobi's Spa Industry
The skincare industry in Nairobi has experienced a surge in popularity, particularly due to the… read more...
Starlink Stops New Sign-ups in Nairobi as Network Reaches Capacity
Starlink Stops New Sign-ups in Nairobi as Network Reaches Capacity
Elon Musk, founder of Starlink satellite internet service, has addressed the company's recent… read more...
Uber and Safaricom Partner to Offer Free Data Access Across Kenya
Uber and Safaricom Partner to Offer Free Data Access Across Kenya
Uber has partnered with Safaricom to provide free mobile data access for users of the Uber and Uber… read more...
Wine Drinkers to Pay More as Kenya Introduces Alcohol Content-Based Tax
Wine Drinkers to Pay More as Kenya Introduces Alcohol Content-Based Ta…
Kenya's National Treasury has unveiled a new Tax Laws (Amendment) Bill, 2024, proposing changes to… read more...
CS Mbadi Rolls Out Digital Marketplace Tax Reform Plan
CS Mbadi Rolls Out Digital Marketplace Tax Reform Plan
Kenya's digital marketplace is poised for significant transformation as the Ministry of Treasury… read more...
KNBS Report: Mixed Price Changes Hit Kenyan Consumers
KNBS Report: Mixed Price Changes Hit Kenyan Consumers
The Kenya National Bureau of Statistics (KNBS) on Thursday listed electricity as one category of… read more...
M-Pesa Records First-Ever Agent Decline
M-Pesa Records First-Ever Agent Decline
Safaricom's pioneering mobile money service, M-Pesa, has recorded its first-ever decline in agent… read more...
Kenya's Phone Assembly Hits 2M Mark, Says PS Tanui
Kenya's Phone Assembly Hits 2M Mark, Says PS Tanui
The Ministry of Information and Communications Technology has announced that over two million… read more...
Kenya's Retail Giants Embrace 24-Hour Shopping Culture
Kenya's Retail Giants Embrace 24-Hour Shopping Culture
The changing lifestyles of consumers are pushing the leading supermarket chains in Nairobi and… read more...
Tap Into Kenya's Vast Geothermal Potential, Ruto Tells Investors
Tap Into Kenya's Vast Geothermal Potential, Ruto Tells Investors
Kenya's President William Ruto has called for increased investment in the country's vast geothermal… read more...