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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Bonfire Adventures Phone Lines Dispute: What Businesses Must Learn
The high-profile split between Bonfire Adventures founders Simon Kabu and Sarah Njoki has taken a significant legal turn, with the…
Kenya Car Import Costs Surge as Duty Hits 35% and Insurance Becomes Mandatory
Kenyan car importers are facing a severe cost surge driven by three compounding policy changes that could push vehicle prices…
KRA Refuses to Extend June 30 Tax Filing Deadline Despite iTax Glitches
The Kenya Revenue Authority has formally declined to extend the June 30, 2026 deadline for filing 2025 annual income tax…
World Bank Releases Ksh97.1 Billion Loan to Kenya After Reform Push
The World Bank has approved a Ksh97.1 billion loan facility to support Kenya's governance, financial management, social protection, and anti-corruption…