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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KCB Wins Priority Over Proctor & Allan Assets in Sh4.9bn Debt Row
KCB Bank has come out on top in a messy contest with construction firm EPCO Builders over the assets of…
KCB Group H1 2026 Profit Hits Sh49.3bn, Beats Co-op Bank
KCB Group has reclaimed its position as Kenya's most profitable bank, posting a half-year profit before tax of Sh49.3 billion,…
CBK Rate Decision: Bankers Push to Hold CBR at 8.75% (August 2026)
Kenya's Monetary Policy Committee met on August 11, 2026, to decide the fate of the country's benchmark interest rate, with…
EABL Full-Year Profit Jumps 43% to KSh 27.66bn in 2026
East African Breweries just posted its strongest full year in recent memory, and it's happening while the company's biggest shareholder…