Kenya imports all its petroleum products in refined form. International prices are denominated in US dollars, and those prices have climbed sharply over recent months. The average landed cost of super ...
Consolidated Bank of Kenya faces a capital crisis that a KSh1.125 billion National Treasury bailout will not fully resolve. The state-owned lender closed December 2025 with a negative core capital ...
Kenya Airways and Rubis Energy Kenya have signed a memorandum of understanding to build Africa’s first dedicated sustainable aviation fuel (SAF) refinery, targeting annual output of 32,000 tonnes at a ...
Every day in 2025, KCB put KShs 1.5 billion into the hands of borrowers through a mobile phone. No branch visit; no paper form; no queue. That figure sits inside the bank’s 2025 Integrated Report and ...
COMESA and the World Bank have launched a USD 5 billion programme to expand access to clean and sustainable energy across Eastern and Southern Africa, with provisions to scale the initiative to USD 15 ...
I&M Bank has launched a public Medium-Term Note programme worth up to KShs 20 billion, opening one of its most significant funding rounds in recent years as it accelerates lending and expands across ...
Standard Chartered Bank Kenya has placed its iconic Chiromo headquarters on the market, reclassifying the property as held for sale in June 2025 and carrying it on its books at KES 1.41 billion as at ...
Risper Genga Ohaga will step down as Chief Financial Officer and Executive Director of East African Breweries PLC (EABL) at the end of June 2026, concluding a six‑year tenure marked by strategic ...
With shareholder undertakings rising to 77.54%, the bank frames the deal as a “control-and-scale” bet on Kenya’s regulation and growth, valuing NCBA at 1.4x book.
The Central Bank of Kenya (CBK) released its May 2025 CEO Survey, highlighting growing unease among Kenyan businesses due to recent U.S. policy changes. The report notes that “a majority of ...
Kenya Vehicle Manufacturers (KVM) has restarted the local assembly of Volkswagen vehicles at its Thika plant, marking a renewed push to strengthen Kenya-Germany industrial cooperation and expand Kenya ...
Kenyan legislators adopted the Value Added Tax (Amendment) Bill 2026 on Thursday, slashing the tax on petroleum products from 16% to 8%. This decisive move targets motor spirit, illuminating kerosene, ...