Business News
Ruto Orders Crackdown on Foreign Traders, Directs KRA to Restore KSh 2.5m Cargo Benchmark
President William Ruto has ordered an immediate crackdown on foreigners running small shops and hawking in Kenya, with operations to start on Monday. Speaking to…
High Court Dismisses Mediheal Suit, Clearing NCBA to Repossess Equipment
The High Court in Eldoret has dismissed Mediheal Hospital & Fertility Centre Ltd’s case against NCBA Bank, clearing the way for the lender to repossess…
Kenya Airways Acting CEO George Kamal Resigns Days After KSh 16.08bn H1 Loss
Kenya Airways acting Group Managing Director and CEO Capt. George Kamal has resigned. The board announced the decision on 1 September 2026, less than a…
Kenya Milk Shortage: Prices Rise as Formal Milk Supply Falls 5%
Kenyan consumers are feeling a fresh squeeze on milk prices after formal-sector deliveries fell sharply in June. Kenya National Bureau of Statistics data cited by…
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Kenya Picks TDB and AFC to Arrange $1.2 Billion JKIA Expansion Finance
Kenya has contracted the Trade and Development Bank and Africa Finance Corporation to arrange financing for a $1.2 billion expansion…
State House Foreign Travel Hits Record Sh1.27 Billion in Nine Months
Kenya's State House spent Sh1.27 billion on foreign travel in just nine months, between July 2025 and March 2026, marking…
Kenya, US Near Critical Minerals Deal That Prioritises Local Processing
Kenya is edging closer to a landmark minerals agreement with the United States that could reshape the country's mining sector…
KCB Fires 60 Staff for Fraud as Banking Sector Battles Insider Threat
KCB Group has dismissed 60 employees after internal investigations caught them colluding with external criminal networks to target customer accounts…