Ketraco gets nod to reappoint board after petition struck out

The High Court has struck out a petition that had blocked the reappointment of three board members at KETRACO, clearing the path for the Energy Cabinet Secretary to reconstitute the board.

By Brian Ngugi 12 days ago

Co-op Bank posts Sh29.75b profit, proposes a record Sh14.67 billion dividend

Co-operative Bank of Kenya reported full-year 2025 results on Thursday, proposing a record Sh14.67 billion dividend payout that will deliver a substantial windfall to shareholders

By Brian Ngugi 13 days ago

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Kenya's REITs market surges as investor appetite grows

Kenya's REITs market capitalisation has nearly tripled in five years, reflecting rising investor interest in property through alternative, low-hassle investment channels.

By Brian Ngugi 14 days ago

StanChart rewards shareholders with Sh11.7B dividend despite profit slump

Standard Chartered Bank Kenya is maintaining a high dividend payout despite a sharp profit drop caused by a one-off pension charge.

By Brian Ngugi 14 days ago

Co-op Bank secures Sh233M boost for Kenya's digital enterprises

Co-operative Bank of Kenya has partnered with United Nations Capital Development Fund to unlock Sh233.1 million in financing for youth-led digital businesses across Kenya.

By Brian Ngugi 14 days ago

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NSE hit as Iran-Israel war threatens economy

Nairobi Securities Exchange lost significant valuation as global markets reacted to escalation in the Iran-Israel conflict, while the Kenyan shilling showed resilience despite economic pressures.

By Brian Ngugi 14 days ago

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Real estate sector eyes 2026 rebound on policy, tech shifts

After a turbulent 2024 marred by high interest rates, costly construction inputs, and sluggish sales, industry executives reported a market stabilisation in 2025.

By Brian Ngugi 2 months ago

Nedbank offers Sh109.5 billion for 66 per cent stake in NCBA

South African lender Nedbank Group has offered to acquire a controlling 66 per cent stake in the Kenyatta family-linked NCBA Group for approximately ZAR 13.9 billion

By Brian Ngugi 2 months ago

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KRA seeks private funder for new multibillion revenue collection system

KRA is seeking a deep-pocketed private firm to bankroll and build a billion-shilling arsenal of drones, AI systems and a new digital platform to hunt tax evaders.

By Brian Ngugi 2 months ago

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How Kenya outwitted US, China to clinch dual trade deals

Kenya played the US and China against each other last week, announcing it had secured pivotal trade concessions within a critical 48-hour window to protect its exports and unlock new markets.

By Brian Ngugi 2 months ago

Remittances slide under Trump policies

Central Bank of Kenya report shows that remittances dropped to Sh56.17 billion in December 2025, down from Sh57.45 billion in December 2024.

By Brian Ngugi 2 months ago

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Kenya's elite splurge billions on Dubai property to dodge scrutiny at home

New report shows Kenyans are the leading African investors in Dubai's lucrative property market with nearly Sh34 billion.

By Brian Ngugi 2 months ago

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Trump tariff threat casts long shadow over Kenya-Iran trade

Countries conducting business with the Islamic Republic risk being slapped with a 25 per cent tariff.

By Brian Ngugi 2 months ago

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Kenya secures landmark zero-duty trade deal with China

The government has confirmed that it has secured a preliminary trade agreement with China that will allow 98.2 per cent of its goods to enter the Chinese market duty-free.

By Brian Ngugi 2 months ago

Kenya trade strategy with Iran at crossroad over Trump's warning

A threat by US President Donald Trump to impose a 25 per cent tariff on any nation trading with Iran has thrown Kenya's strategic push into the Middle East into disarray.

By Brian Ngugi 2 months ago

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East or West? Kenya insists China trade deal on track amid US tensions

The government now says a landmark trade agreement with China remains on track, dismissing concerns that geopolitical tensions with the US have stalled the long-delayed deal.

By Benard Lusigi, Brian Ngugi 2 months ago

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US now opens door for Kenya to reclaim vital Agoa trade benefits

The House of Representatives passed a law paving the way for a three-year extension of the Agoa partnership.

By Brian Ngugi 2 months ago

Centum scholarship programme reaches 450 beneficiaries in Coastal Kenya

The company will sponsor an additional 50 academically gifted students from needy backgrounds this year, covering their fees through their Senior Secondary education under the CBE curriculum.

By Brian Ngugi 2 months ago

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Drought, soaring food prices pushing millions into hunger

Nearly a dozen counties are on high alert as severe drought exposes millions to acute food insecurity, humanitarian agencies warn.

By Brian Ngugi 2 months ago

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AG, Treasury CS Mbadi to be grilled by MPs over Safaricom sale

The hearings by two parliamentary committees, will scrutinise the December deal that saw Vodacom Group acquire a 15 per cent stake from the Kenyan government.

By Brian Ngugi 2 months ago

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MPs launch probe into State Sh244b Safaricom stake sale

The National Assembly will on Monday kick off a multi-sector inquiry into the government's controversial sale of a 15 per cent stake in telecoms giant Safaricom to South Africa's Vodacom.

By Brian Ngugi and Irene Githinji 2 months ago

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Why Kenya's zero-tariff deal with China is up in the air

The lapse of AGOA exposed Kenyan apparel to US tariffs of up to 10% Washington now pegs the renewal of AGOA to Kenya abandoning an alternative trade deal with Beijing.

By Brian Ngugi 2 months ago

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Kenya braces for Sh45 billion hit as Trump abandons diplomatic hub

Kenya is bracing for its third major economic shock from Washington in less than two years after US President Donald Trump ordered a withdrawal from 66 international organisations.

By Brian Ngugi 2 months ago

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Economy shows signs of recovery in new boost for jobs and salaries

The growth, while modest, marks a positive turn for President Ruto's administration which is under pressure to deliver on its flagship economic promises ahead of the 2027 General Election.

By Brian Ngugi 2 months ago

US move puts funding of aid groups, climate and security at risk

Direct annual funding at risk from UN and affiliated programmes alone is estimated at $250-350 million (Sh32-45 billion), excluding the wider shock to Nairobi's service economy.

By Brian Ngugi 2 months ago

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Ruto dumps hustlers vibe for Singapore dream in Sh5tr gamble

President William Ruto has abandoned the grassroots economic model that won him power, and replaced it with a high-stakes strategy to attract private capital for megaprojects.

By Brian Ngugi 2 months ago

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Hope for more jobs as firms in strongest hiring in over 6 years

Companies across most sectors reported taking on more staff to meet rising demand and build capacity for the future.

By Brian Ngugi 2 months ago

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Inside 2026 top Kenyan CEOs crystal ball

Kenya's private sector captains are projecting a year of robust economic growth and strategic expansion in 2026, driven by improved infrastructure, macroeconomic stability.

By Brian Ngugi 2 months ago

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Big banks predict fall in borrowing costs under new CBK pricing model

The model perceived to be a transparent loan pricing formula is expected to automatically reduce lending costs when policy eases.The will also model will strengthen monetary policy.

By Brian Ngugi 2 months ago

State faces new IMF test as loan talks resume

The International Monetary Fund is set to dispatch its top officials to Kenya in January, aiming to break a deadlock over a new financial bailout.

By Brian Ngugi 2 months ago

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Ten key events that will shape Kenya's economic future in 2026

President Ruto's declaration that the National Infrastructure Fund will be operationalised in January is a central pillar of his plan to wean the state off expensive commercial debt for public works

By Brian Ngugi 2 months ago

New Year, old problem: Kenyans' struggle with high living cost persists

Households across the country are grappling with the steep cost of staples like maize flour, vegetables, and meat as they start the New Year 2026.

By Brian Ngugi 2 months ago

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Equity boss on loans cost, Ethiopian expansion and 2026 outlook

Equity Group CEO James Mwangi shared his confidence in lower lending rates, detailed plans for entering new markets like Ethiopia,

By Brian Ngugi 3 months ago

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Why Ruto is at crossroads over sale of public assets

Safaricom stake sale criticised for compromising sovereignty over critical digital infrastructure.

By Brian Ngugi and Macharia Kamau 3 months ago

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How Ruto's Sh4.7tr budget aims to lift hustlers' lives

BETA pillars aim to boost farmers, small traders and the youth ahead of 2027 elections.

By Brian Ngugi 3 months ago

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How tech innovation is boosting access to insurance products

Latest data from the Insurance Regulatory Authority (IRA) shows that by the end of 2022, Kenya had 11,400 agents and 176 brokers serving the entire industry.

By Brian Ngugi 3 months ago

Lean holidays for families as remittance falls

Analysts are linking the drop to a crackdown on migrants under US President Donald Trump.

By Brian Ngugi 3 months ago

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AfDB approves Sh7.8b facility for Equity to boost exporters

The move is designed to directly ease the flow of goods and payments across borders.

By Brian Ngugi 3 months ago

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I take Ruto as a father: Zimbabwe 'Mr Moneybags' defends meeting

Zimbabwean businessman Wicknell Chivayo has interests in renewable energy, infrastructure, and logistics across at least five African nations.

By Brian Ngugi 3 months ago

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Boon for exporters as Kenya inches closer to China tariff deal

Trade official confirms the deal is almost done, which would grant Kenyan products duty-free access to China's vast market.

By Brian Ngugi 3 months ago