Kenyan Manufacturers Seek AGOA Extension Amid Trump's Tariff War
As the start date for US President Trump's new tariff regime looms, Kenyan manufacturers are intensifying calls for the extension of the African Growth and Opportunity Act (AGOA) as the [...]
Sanlam Kenya Launches KSh 2.5 Billion Rights Issue to Fund Expansion, Repay Stanbic Loan
Listed financial services provider Sanlam Kenya Plc has announced a KSh 2.5 billion Rights Issue to strengthen its balance sheet, following a year of robust financial recovery. The capital raise comes as [...]
Court Rules Meta Can Be Sued in Kenya Over Hate Speech in Ethiopia Violence
The High Court has ruled that Facebook's parent company —Meta—can be sued in Kenya over allegations that its algorithms amplified hate speech that fuelled ethnic violence in Ethiopia. Abrham Meareg [...]Private Sector Ends Q1 with Growth in New Business Deals
Many companies have reported a significant growth in new business deals in March, but new hiring remains subdued, according to the latest Stanbic Bank Kenya PMI survey. “The March Kenya PMI [...]Jubilee Holdings Reports Record KSh 6.2 Billion Net Profit in 2024, Dividend up 12.5%
Jubilee Holdings has announced a historic Profit Before Tax (PBT) of KSh 6.2 billion for 2024, a significant increase from KSh 2.8 billion in 2023. Key Financial Highlights Metric 2024 2023 [...]Court Rules Against CBK in Landmark Mental Health Case
The Central Bank of Kenya (CBK) has been ordered to pay a former employee Ksh 5,008,000 in damages after a court found it subjected her to discrimination and wrongfully terminated [...]US President Trump Slaps 10% Tariff on Kenyan Goods
Kenya is among the countries across the world hit by US President Donald Trump’s reciprocal tariffs in what his administration says is a move to correct the country's trade imbalance, [...]Kenyan Startup Chpter Spins off its WhatsApp API Suite into Standalone Business
Kenyan social commerce startup ‘Chpter’ has spun off Pluto, its WhatsApp API suite, into a standalone subsidiary, marking a strategic shift as businesses increasingly rely on messaging apps for sales [...]Kenyan Banks' Assets Fall by KSh 335bn, First Decline in Decades
In 2024, Kenya’s banking sector faced its first asset decline in decades, as KCB and NCBA led a KES 335 billion drop. This shift marks a significant turning point, influenced by high interest rates, inflation, and a tightening monetary policy. Discover how this downturn is reshaping the banking landscape and what the future holds.Regulatory Delays, Price Volatility Hamper Tullow Oil's Investments in Kenya
Tullow Oil is facing uncertainty in the progress and investments of its Kenyan oil project due to a prolonged regulatory approval process after the withdrawal of its joint venture partners, [...]KK Security Rebrands to GardaWorld after Acquisition
Global security solutions provider GardaWorld Security has rebranded its Kenyan subsidiary—KK Security Ltd— to GardaWorld Security–Africa. “Our brand evolution reflects the breadth of our service offering. We combine local knowledge [...]US Firms Cite ‘Buy Kenya Build Kenya’, Bribery, as Trade Barriers
US companies have highlighted their limited success bidding on government tenders, citing corruption and initiatives such as the ‘Buy Kenya Build Kenya’ as reasons, according to the 2025 National Trade [...]
