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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Nedbank Acquires 66% Stake in NCBA Group in Landmark Deal
South Africa’s Nedbank Group completed its acquisition of a 66 percent controlling stake in NCBA Group PLC on Tuesday, 3…
KenGen Risks Losing Sh363m in Stima Investment Default
Kenya Electricity Generating Company (KenGen) faces a possible write-off of more than Sh363 million after Stima Investment Co-operative Society failed…
LOOP DFS Launches LOOP BIZ+ for Kenyan SMEs
LOOP Digital Financial Services (LOOP DFS), the fintech arm of NCBA Group, has launched LOOP BIZ+, an integrated platform that…
Ruto Launches Devki’s Sh70bn Cement Plant in Kitui, County’s First
President William Ruto on Tuesday, 27 October 2026, broke ground for a Sh70 billion clinker and cement plant at Ngaaie…