NCBA Customers Face Major Bank Ownership Change as Nedbank Deal Advances
NCBA announced the approval on Monday, August 31, confirming that the transaction had cleared another major regulatory hurdle
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Latest stories in Business.
Kenyans Face Higher Milk Prices as Supply Drops, Farmers Exit Sector
The Consumers Federation of Kenya (COFEK) has sounded the alarm over the situation, calling on the government to take urgent action within seven days to restore milk supplies and stabilise prices.
Kenyan YouTubers Raise Alarm Over New 5% Google Tax
Google said the requirement was part of measures to ensure compliance with Kenyan tax laws
Julie Gichuru Lands New Top Role at Nation Media Group
Gichuru's appointment is particularly notable given her long career in Kenya's media industry.
7 in 10 Kenya Hotel Rooms Empty Despite Surge in Tourist Arrivals
The contrast highlights an uneven recovery in Kenya’s hospitality industry, with rising visitor numbers not translating into equally strong hotel performance across the country.
CIC Insurance Announces Ksh1 Billion Profit After 70% Surge
The insurer’s profit after tax increased from Ksh638.5 million recorded during the same period in 2025, while profit before tax rose by 30.2 per cent to Ksh1.56 billion from Ksh1.2 billion.
Kenyan Innovation Selected Among Only 5 Worldwide for Major UN Summit
The innovation targets a problem that affects a large part of Kenya's workforce: earning an income without having the conventional financial records banks often require when assessing borrowers.
NBK Cuts Loan Losses by Over Ksh900 Million as Profit Soars 61%
Profit After Tax rose to Ksh1.72 billion, up from Ksh1.07 billion recorded in the same period in 2025
Matatu Owners Can Now Get Up to 90% Financing for Electric Vehicles
The deal is expected to support the financing and deployment of 1,000 electric vehicles, giving PSV SACCOs and established transport operators an alternative to paying the full cost of an electric vehicle upfront.
Govt Reveals Most Common Ways Kenyans Are Being Defrauded in 2026
The findings are contained in a report by the National Computer and Cybercrimes Coordination Committee (NC4)
Nairobi Announces New Charges for TikTokers, Filmmakers and Digital Platforms
The measures bring a broader section of Nairobi's expanding digital entertainment economy under the county's revenue system
Safaricom Opens Ziidi Trader to More Investors With New ID Options
The latest expansion strengthens Safaricom's push to turn M-PESA from a mobile-money platform into a broader financial-services gateway