Digital freight payment
CapitalPay UK and the Kenya International Freight and Warehousing Association (KIFWA) have partnered to digitise payment and administrative processes for clearing and forwarding firms.The agreement, signed in October 2025, is aimed at improving how KIFWA…
Safaricom adds subscribers
Safaricom added 289,201 fixed internet subscribers in the year to June 30, 2026, extending its lead in Kenya’s fixed internet market.The Communications Authority of Kenya (CA) said Safaricom had 1.02 million fixed internet subscribers as of June 30, up…
NSE investor wealth falls
Investor wealth at the NSE fell below Ksh4 trillion, closing at Ksh3.95 trillion after losing Ksh178.7 billion in two trading sessions. The decline was driven by heavy selling of blue-chip stocks by local and foreign investors, who have sold a net Ksh2…
Wandayi defends G to G fuel importation
Energy and Petroleum Cabinet Secretary Opiyo Wandayi has defended Kenya’s government-to-government (G-to-G) fuel importation arrangement, insisting the programme was a necessary response to a severe foreign-currency shortage that once threatened the…
“Control sugar import,”local millers to the government
Local sugar millers have urged the government to control the amount of sugar entering the country, saying unplanned imports are hurting them.The millers told the National Assembly Committee on Trade, Industry and Cooperatives during its inspection of…
Co-op bank and EBRD foreign currency programme
Bank of Kenya and the European Bank for Reconstruction and Development (EBRD) have entered into a Sh13 billion ($100 million) financing programme to expand access to foreign currency funding for Kenyan businesses. Co-op Bank said that the first Sh6.5…
Airtel wind up its subsidary network
Airtel Africa is winding up its Kenyan wholesale internet and fibre-optic subsidiary, Airtel Kenya Telesonic, two years after its launch. The Registrar of Companies said the firm will be struck off the register by December 2026 following a request by the…
Cruide oil export from Turkana
Kenya is on track to export its first crude oil from Turkana in the first quarter of 2027, with production expected to begin in December 2026. EPRA Director of Petroleum and Gas Edward Kinyua said the South Lokichar Basin project is progressing within…
Standard chatered investment platform
Standard Chartered has launched a new investment platform in Kenya that gives eligible investors access to professionally managed global investment strategies as wealthy Kenyans increasingly look beyond traditional savings and local investments. The…
Stanbic bank new boss
Stanbic Bank Kenya has appointed Michael Mutiga as its Chief Executive Officer following approval by the Central Bank of Kenya. Mutiga takes over from Abraham Ongenge, who held the position in acting capacity from March 2026. This followed the…