Business News
CA Opens 30-Day Window for 33 Licence Applications
The Communications Authority of Kenya (CA) has published a Gazette notice inviting public objections or representations to licence applications from 33 companies and institutions. The…
NCBA, Britam and Jubilee Win Top Honours at 2026 Service Excellence Awards
NCBA Bank, Britam Holdings PLC and Jubilee Group Insurance emerged among the leading winners at the 2026 Service Excellence Awards organised by the Institute of…
Safaricom Names Boniface Mungania Chief Financial Services Officer
Safaricom has appointed Boniface Mungania as Chief Financial Services Officer, effective November 1, 2026, following regulatory approval. He will report directly to the chief executive…
KRA Seizes 52.5 Tonnes of Smuggled Sugar in Midnight Marsabit Raid
The Kenya Revenue Authority (KRA) seized 52.5 metric tonnes of smuggled sugar in Marsabit town during an intelligence-led midnight operation on 5 November 2026. The…
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Co-op Bank, EBRD Sign Sh13bn Deal in First KESONIA Swap
Co-operative Bank of Kenya and the European Bank for Reconstruction and Development have signed a Sh13 billion ($100 million) financing…
Vodacom to Appeal High Court Ruling Nullifying Safaricom Stake Sale
South Africa’s Vodacom Group will appeal a Kenyan High Court ruling that declared the government’s KSh 204.3 billion sale of…
High Court Declares Safaricom Stake Sale to Vodacom Null and Void
The High Court of Kenya has declared the government’s sale of a 15% stake in Safaricom PLC to Vodacom Group…
CBK Proposes Tougher Capital Rules for Kenya’s Big Banks
The Central Bank of Kenya has released draft guidelines that would force large lenders to hold extra capital and allow the…