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Hope for more jobs as firms in strongest hiring in over 6 years

Companies across most sectors reported taking on more staff to meet rising demand and build capacity for the future.

By 2 days ago

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Inside 2026 top Kenyan CEOs crystal ball

Kenya’s private sector captains are projecting a year of robust economic growth and strategic expansion in 2026, driven by improved infrastructure, macroeconomic stability.

By 3 days ago

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Big banks predict fall in borrowing costs under new CBK pricing model

The model perceived to be a transparent loan pricing formula is expected to automatically reduce lending costs when policy eases.The will also model will strengthen monetary policy.

By 3 days ago

State faces new IMF test as loan talks resume

The International Monetary Fund is set to dispatch its top officials to Kenya in January, aiming to break a deadlock over a new financial bailout.

By 4 days ago

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Ten key events that will shape Kenya's economic future in 2026

President Ruto’s declaration that the National Infrastructure Fund will be operationalised in January is a central pillar of his plan to wean the state off expensive commercial debt for public works

By 5 days ago

New Year, old problem: Kenyans' struggle with high living cost persists

Households across the country are grappling with the steep cost of staples like maize flour, vegetables, and meat as they start the New Year 2026.

By 7 days ago

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Equity boss on loans cost, Ethiopian expansion and 2026 outlook

Equity Group CEO James Mwangi shared his confidence in lower lending rates, detailed plans for entering new markets like Ethiopia,

By 8 days ago

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How Ruto's Sh4.7tr budget aims to lift hustlers' lives

BETA pillars aim to boost farmers, small traders and the youth ahead of 2027 elections. 

By 16 days ago

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How tech innovation is boosting access to insurance products

Latest data from the Insurance Regulatory Authority (IRA) shows that by the end of 2022, Kenya had 11,400 agents and 176 brokers serving the entire industry. 

By 16 days ago

Lean holidays for families as remittance falls

Analysts are linking the drop to a crackdown on migrants under US President Donald Trump.

By 17 days ago

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AfDB approves Sh7.8b facility for Equity to boost exporters

The move is designed to directly ease the flow of goods and payments across borders.

By 17 days ago

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I take Ruto as a father: Zimbabwe 'Mr Moneybags' defends meeting

Zimbabwean businessman Wicknell Chivayo has interests in renewable energy, infrastructure, and logistics across at least five African nations.

By 18 days ago

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Boon for exporters as Kenya inches closer to China tariff deal

Trade official confirms the deal is almost done, which would grant Kenyan products duty-free access to China’s vast market.

By 19 days ago

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Why Nairobi Water is pushing for increased water bills

Nairobi Water has proposed a tariff increase to fund a major infrastructure upgrade aimed at providing reliable water to the city's residents, who are battling frequent shortages.

By 20 days ago

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CEOs see Trump tariffs, high taxes hurting growth in 2026

New CBK survey of captains of industry shows half (49 per cent) of firms expect to be negatively impacted by recent US trade tariffs and policy changes.

By 19 days ago

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End of an era as Japan firm pays Diageo Sh297b for a sip of EABL

Diageo Plc has agreed to sell its controlling stake in East African Breweries Ltd to Japan’s Asahi Group Holdings, marking the end of a decades-long presence for the group in Kenya.

By 22 days ago

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End of an era: UK drinks giant Diageo set to exit Kenya, sells EABL stake for Sh297b

Beverage giant Diageo sells its majority stake in EABL and UDV Kenya to Japanese brewer Asahi Group for Sh296.5 billion, deal expected to close in 2026.

By 22 days ago

How Absa aims to cut over-reliance on Kenya as it eyes diversification

Fihla told investors this concentration poses a risk to the group.

By 24 days ago

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Boost for jobs as Kenya tops global luxury travel list

The ranking highlights its enduring appeal for high-end safaris and conservation-focused experiences.

By 24 days ago

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Ruto's ambitious Sh5 trillion fund plan gets Cabinet nod

The decision advances President Ruto’s newly announced strategy to shift Kenya toward an investment-led economic model, reducing reliance on debt and taxes to finance infrastructure.

By 24 days ago

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How Ruto-backed smart DLs will bypass traffic police, automate fines

The Cabinet sanctioned the rollout of Second-Generation Smart Driving Licenses, which will be linked to an instant digital fines system and a driver penalty points scheme.

By 24 days ago

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Auditor-General slams MPs for sleeping on the job as audits pile

Only 21 per cent and 25 per cent, respectively, of the recommendations made by Parliament were implemented.

By 25 days ago

TRIFIC launches Sh4.8bn green property fund for dollar-yield investors

A REIT is a company that owns and operates income-generating real estate and distributes most of its profits to shareholders.

By 24 days ago

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Alcohol industry reels from new proposed radical curbs on sales

A stringent draft national policy on alcohol, now awaiting Cabinet consideration early next year, threatens to impose sweeping commercial prohibitions across Kenya.

By 26 days ago

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KTDA clarifies loan status, dismisses claims of mismanagement

KTDA has moved to reassure stakeholders that it is on track with settling its loan portfolio and dismissed claims of financial mismanagement raised by the Tea Board of Kenya (TBK)

By 26 days ago

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Why manufacturers are clashing with State standards levy

The government has defended a substantial increase in a mandatory quality standards levy, standing firm against a furious backlash from manufacturers.

By 27 days ago

China and Kenya Urge Fairer Global Environmental Rules as Top UN Climate Summit Ends

China and Kenya this week concluded a major United Nations climate assembly.

By 26 days ago

AfDB, KCB in Sh19b deal to boost economy

The deal, announced on Thursday, is designed to increase the flow of capital to projects that support environmental sustainability, commonly referred to as green finance.

By 28 days ago

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Christmas comes early for borrowers as banks cut loan rates

Equity Group, KCB Group, and Absa Bank Kenya, notified customers of the reduction, which aligns with a 25-basis-point cut in the Central Bank Rate to 9.0 per cent 

By 28 days ago

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Kenya to wait until New Year for IMF bailout decision as talks stall

The decision followed high-level talks between President Ruto and top IMF hierarchy in Washington.

By 29 days ago

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Why CBK has cut key rate ahead of festive season

CBK has cut its benchmark lending rate in a move aimed at stimulating credit to businesses and households ahead of the crucial Christmas spending.

By 30 days ago

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Safaricom's debut green bond oversubscribed 175pc, raises Sh20b

Safaricom said on Tuesday evening its debut green bond was oversubscribed by 175.7 per cent drawing Sh41.6 billion in investor bids and allowing it to raise Sh20 billion for sustainability projects.

By 30 days ago

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KTDA rejects claims of Sh26 billion debt mismanagement

According to KTDA, all commodity loans highlighted were short term and have since been retired as of September 2025.

By 29 days ago

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State invites public views on new tax plans amid criticism

The National Treasury Cabinet Secretary John Mbadi has invited ordinary Kenyans and businesses to propose new tax policies, a move framed as a democratic exercise.

By 1 month ago

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CBK plans to slash mobile money fees by more than half

The Central Bank of Kenya (CBK) plans to slash the cost of sending money by mobile phone, a vital service used by millions of Kenyans daily.

By 1 month ago

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Why banks are eying more auctions on loan defaulters

Commercial banks are planning to intensify property seizures and recovery efforts, a newly released Central Bank of Kenya (CBK) survey showed.

By 1 month ago

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Private sector expansion fuels fastest job growth in over 2 years

Kenya's private sector expanded at its fastest pace in over five years in November, a closely watched survey showed on Wednesday.

By 1 month ago

Xi Jinping new book on China's economic rise tapped as development blueprint for Kenya

The book provides the blueprint of how China’s ruling Communist Party of China (CPC) under Xi’s leadership is building a modern socialist country.

By 1 month ago

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Why your land title may no longer secure you a loan

Today, lenders are struggling with loan books and inventory full of repossessed homes and land that they cannot sell.

By 1 month ago

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Revealed: Where Kenyans invest their billions in a tough economy

Money Market Funds, which invest in short-term, liquid, and low-risk instruments like Treasury Bills and bank deposits, continue to dominate the landscape.

By 1 month ago