Latest News
Updated:1h ago
  • Rubis Kenya jet fuel business remains under pressure
  • Kenya Pipeline share price continues to rally after Dangote purchase
  • Dangote buys 25% stake in Kenya Pipeline
  • Equity Group half-year profits jump 32% to Sh45.5bn
  • Absa Group falls short in bid to raise Absa Kenya stake
  • Tata Chemicals Magadi seeks resumption of operations
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EARNINGS14mins ago

Carbacid FY26 profit rises 12% to Sh1.13bn on investment gains

Carbacid Investments' net profit increased by 12.2 per cent to Sh1.13 billion in the year ended July 2026, helped by gains from NSE and Dar es Salaam-listed equities, while revenue from its core business remained largely unchanged.

Kenya Pipeline foils illegal pipeline connection in Mombasa

Kenya Pipeline says surveillance teams detected an illegal connection between two Mombasa pumping stations before any petroleum products were lost, with police now investigating the attempted siphoning.

ENERGY2h ago

Kenyan banks launch roadmap to grow sustainable finance

Kenyan banks have launched a new industry framework to guide financial institutions in scaling sustainable finance, strengthening climate and nature risk management, improving sustainability disclosures, and channeling capital toward investments that support inclusive and sustainable economic growth.

BANKING3h ago
ASSET MANAGEMENT3h ago

Jubilee targets Mt Kenya Region with new advisory centre in Meru

Jubilee Asset Management has opened its fourth financial advisory centre in Meru, to tap the region's growing commercial economy and bring investment and wealth management services closer to individuals, businesses and institutions across Mt Kenya and Upper Eastern.

Cliff Bakashaba, Acting CEO, Jubilee Asset Management.
VENTURE CAPITAL29 Oct

Kenafric sets up Sh13bn fund for African consumer startups

Kenafric Group has launched a $10 million venture fund to invest in early-stage African consumer businesses, offering between $100,000 and $2 million to companies seeking to expand beyond their initial markets

ELECTRIC MOBILITY29 Oct

Spiro targets 5,000 women in Africa with e-mobility programme

Spiro and Entrepreneurial Solutions Partners (ESP) have launched a pilot programme in Rwanda targeting 500 women entrepreneurs, with plans to expand the initiative across Africa to reach 5,000 participants by 2030.

MEDIA & ENTERTAINMENT26 Oct

Multichoice Kenya overhauls its DSTV packages in strategy shift

Multichoice Kenya has unveiled its new package lineup in a major overhaul of its Kenyan offering, as it shifts its strategy from premium subscriptions and price increases to making content available to a wider mass-market audience.

Companies

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ENERGY2h ago

Kenya Pipeline foils illegal pipeline connection in Mombasa

Kenya Pipeline says surveillance teams detected an illegal connection between two Mombasa pumping stations before any petroleum products were lost, with police now investigating the attempted siphoning.

ENERGY2h ago

Kenyan banks launch roadmap to grow sustainable finance

Kenyan banks have launched a new industry framework to guide financial institutions in scaling sustainable finance, strengthening climate and nature risk management, improving sustainability disclosures, and channeling capital toward investments that support inclusive and sustainable economic growth.

BANKING3h ago

Kenafric sets up Sh13bn fund for African consumer startups

Kenafric Group has launched a $10 million venture fund to invest in early-stage African consumer businesses, offering between $100,000 and $2 million to companies seeking to expand beyond their initial markets

VENTURE CAPITAL29 Oct

Spiro targets 5,000 women in Africa with e-mobility programme

Spiro and Entrepreneurial Solutions Partners (ESP) have launched a pilot programme in Rwanda targeting 500 women entrepreneurs, with plans to expand the initiative across Africa to reach 5,000 participants by 2030.

ELECTRIC MOBILITY29 Oct

Multichoice Kenya overhauls its DSTV packages in strategy shift

Multichoice Kenya has unveiled its new package lineup in a major overhaul of its Kenyan offering, as it shifts its strategy from premium subscriptions and price increases to making content available to a wider mass-market audience.

MEDIA & ENTERTAINMENT26 Oct

Economy

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ECONOMY11 Aug

CBK holds rate at 8.75% as Middle East conflict raises inflation risks

The Central Bank of Kenya maintained its benchmark interest rate at 8.75 per cent, citing rising global energy prices and risks to inflation from the conflict in the Middle East.

ECONOMY11 Aug

Kenya private sector activity rises as sales rebound in July

Kenya's private sector returned to growth in July, with the Stanbic Bank PMI rising to 51.3 as stronger customer demand and hiring offset persistent inflation, high input costs and supply chain disruptions that continued to constrain output.

ECONOMY5 Aug

Inflation falls to 4.3% in February

Annual fall in February driven by lower energy and transport prices.

ECONOMY27 Feb

Kenya business expectations recover; KCB shares down 5%

Stanbic Bank Kenya PMI showed a near recovery to business conditions; KCB shares down 5% after closing books for interim and special dividends

BUSINESS LIVE4 Sept 25

Profits surge at Crown Paints; Home Afrika turnaround continues - as it happened

Crown paints half year profits surge; Limuru Tea widen half year losses.

BUSINESS LIVE1 Sept 25

Finance & Markets

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ASSET MANAGEMENT3h ago

Jubilee targets Mt Kenya Region with new advisory centre in Meru

Jubilee Asset Management has opened its fourth financial advisory centre in Meru, to tap the region's growing commercial economy and bring investment and wealth management services closer to individuals, businesses and institutions across Mt Kenya and Upper Eastern.

ASSET MANAGEMENT3h ago
Cliff Bakashaba, Acting CEO, Jubilee Asset Management.

Miale Solar secures Sh705m loan for 9MW expansion

Miale Solar Inventions has secured a Sh705 million (€5 million) loan from Hivos-Triodos Fonds to finance 9MW of rooftop and ground-mounted solar installations in Kenya, targeting healthcare facilities.

FUNDING25 Oct

Quickmart IPO draws two more cornerstone investors

RWC Asset Management and 337 Frontier Capital have applied for Quickmart IPO shares worth a combined Sh3.24 billion, joining MOBILIST and the IFC as cornerstone investors.

EQUITY DEALS25 Oct

UK Govt takes Sh1.94bn stake in Quickmart IPO

The UK government’s MOBILIST programme has subscribed for Sh1.94 billion to Quickmart’s IPO, joining the IFC, which has made a conditional commitment of up to Sh1.94 billion, ahead of the retailer’s planned NSE listing in November.

EQUITY DEALS20 Oct

M-Kopa spends Sh1bn to buy device-locking company

M-Kopa Holdings Limited, which provides asset financing solutions across Kenya, Uganda, Ghana, Nigeria and South Africa, has acquired KilpiTek Oy for Sh1 billion ($8 million) to bring device-locking capability in-house.

ACQUISITIONS7 Oct

Technology

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ARTIFICIAL INTELLIGENCE13 Aug

Kakuzi steps up AI adoption across its operations

Kakuzi is accelerating the use of artificial intelligence and other digital technologies across its operations as it seeks to improve efficiency and adapt to increasingly unpredictable weather patterns.

ARTIFICIAL INTELLIGENCE13 Aug

Nine startups pitch to investors at Safaricom Spark Accelerator Demo Day

The second cohort of start ups admitted to Safaricom Spark Accelerator showcased their innovations to investors in a bid to secure funding to scale their solutions.

START UPS18 May
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