Boost for importers, Treasury as shilling holds forex gains

The Shilling is expected to maintain its recent stability against the US dollar, boosted by strong foreign exchange reserves and improved access to external financing, analysts say.

By 3 days ago

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Inside Kenya's battle to wrap up China trade pact

Kenya is under growing pressure to finalise its bilateral trade agreement with China as Beijing extends zero-tariff access to African partners.

By 3 days ago

PwC now seeks buyers for Koko Networks assets

PwC has launched a search for buyers to acquire the business or assets of the collapsed Koko Networks Ltd, as administrators move to recover value for creditors.

By 5 days ago

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Insurers switch land for cash as regulators tighten capital rules

Kenyan insurers are accelerating a strategic shift away from brick and mortar assets, offloading expensive land holdings to boost liquidity and comply with regulatory demands.

By 10 days ago

Nairobi cements role as China's regional hub as 'Year of the Horse' begins

Nairobi is strengthening its position as China’s regional hub in Africa as Kenya and China deepen strategic ties, pledging expanded job creation and stronger people-to-people exchanges in 2026.

By 13 days ago

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CBK lowers rate amid push for more credit access

The Central Bank of Kenya cut its benchmark interest rate on Tuesday and took technical steps designed to push commercial lending costs lower.

By 15 days ago

Co-op banks on new platform to boost client efficiency

Tier one lender Co-operative Bank of Kenya has rolled out a new treasury management system aimed at improving operational efficiency and delivering faster services

By 15 days ago

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Inside CBK's tough balancing act on loan costs

CBK faces a high-stakes decision on interest rates on Tuesday, caught between a cooling economy, a massive government borrowing plan, and mounting pressure to deliver affordable credit.

By 15 days ago

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Moody's affirms stable outlook for Kenya's top three banks

Ratings agency Moody's has given a stable outlook for Kenya's three largest banks, reflecting their systemic importance and solid capital buffers. 

By 15 days ago

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Drop in the ocean: Why analysts have issues with Ruto's tax cuts

President Ruto’s government proposal to cut income tax for low-income earners is being dismissed by analysts as a politically driven gesture that provides minimal relief to workers.

By 16 days ago

China pledges deeper cultural and economic ties with Kenya

Ambassador Guo said the Spring Festival, marking the start of the Chinese Lunar New Year, has grown from a Chinese tradition into a global celebration, reflecting themes of “family reunion.

By 16 days ago

Afreximbank calls for deeper Intra-African trade as boss meets Ramaphosa

South Africa's membership brings the country into the heart of Afreximbank's vision to transform the structure of Africa's trade.

By 16 days ago

NSSF records highest returns now sets eyes on Sh1tr fund size

NSSF posted a record 17% return on member savings and aims to grow its fund to Sh1 trillion by 2027, despite concerns that higher mandatory contributions could reduce workers’ take-home pay.

By 18 days ago

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Last big cheque: State to earn Sh11.2b Safaricom dividend as share sale nears

Safaricom declared a record interim dividend, providing a timely cash infusion ahead of the state's sale of a major stake in the company to South Africa's Vodacom Group.

By 19 days ago

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Nyoro dances to the bank as KPLC declares over Sh500 million dividends

Kenya Power’s board declared a dividend of 30 cents per share, a 50 per cent increase from 20 cent for a single share paid last year. 

By 20 days ago

PwC takes control of collapsed Koko as State remains silent

Koko Networks enters administration following a regulatory standoff over carbon credit approvals.

By 20 days ago

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Jiko Koko's collapse taints Ruto's green image

President Ruto has championed Kenya as a green industrialisation hub, seeking to expand its electricity grid from 3GW to 100GW by 2040 using renewables. 

By 21 days ago

Private sector growth slows down but hiring holds

Employment rose for the 12th consecutive month, the longest uninterrupted period of job creation since 2019. 

By 21 days ago

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Relief for Kenya's Sh95b exports as Trump renews AGOA for one year

The move reinstates duty-free access to the US market under the African Growth and Opportunity Act (Agoa) retroactively from September 30, 2025, and extends it through December 31, 2026.

By 21 days ago

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How Kenya has lost Sh6.1 trillion to tax fraud

While KRA is hunting for millions of shillings from individuals, it is overlooking billions of shillings systematically siphoned off by large corporations through manipulated paperwork.

By 22 days ago

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Payslips shrink as new NSSF rates take effect

Millions of Kenyan employees will see their take-home pay shrink end of February when the fourth and final phase of higher NSSF pension contribution takes effect

By 22 days ago

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Blow for State planning as revenues fall short again by Sh136b

The latest development exposes persistent weaknesses in tax collection despite sweeping administrative reforms. 

By 24 days ago

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Ruto's MPs turn the fury on his Cabinet to appease restless voters

Majority Leader Ichung’wah led heated attacks on underperforming CSs.

By 24 days ago

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Trump moves to secure foothold in Kenya's critical minerals sector

The US is seeking a foothold in Kenya’s untapped critical minerals sector, as it races to counter China’s global dominance over the building blocks of modern technology and national defence.

By 26 days ago

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Moody's upgraded credit rating: What it means for Ruto

Moody's lifted Kenya's long-term foreign currency issuer rating to "B3" from "Caa1," citing a reduction in the near-term risk of default.

By 27 days ago

Sidian Bank launches water access initiative in Meru County

Water scarcity remains a significant challenge in parts of Kenya, affecting health, education, and economic productivity.

By 28 days ago

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Ruto's Sh906b local borrowing plan threatens private credit

 Analysts say heavy domestic borrowing could cause high interest rates.

By 28 days ago

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Watchdog role in question as MPs hold luxury retreat

Members of Parliament have convened this week at a luxury resort in Naivasha for a five-day legislative retreat aimed at “securing a parliamentary legacy”.

By 29 days ago

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More holes in payslip as new NSSF rates set to come into force

Salaried workers, already reeling from enhanced statutory deductions, are bracing for a further squeeze on their pay from February 1 as a scheduled increase in NSSF contributions takes effect.

By 29 days ago

Ratings agency Fitch gives Kenya a stable outlook, easing debt fears

The government received a crucial vote of confidence from Fitch Ratings after it affirmed the country's long-term foreign-currency issuer default rating at 'B-' with a stable outlook.

By 30 days ago

AfDB Backs Kenya's geothermal expansion with Sh2.6b loan

Geothermal energy, generated from heat deep within the earth, provides a critical source of "baseload" power for Kenya.

By 1 month ago

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IMF to Kenya: Anti-corruption reforms key to new funding deal

IMF has released a long-awaited audit of Kenya’s corruption vulnerabilities, making its recommended reforms a central condition for resuming bailout talks with Kenyan government in February.

By 1 month ago

New CBK loan pricing model sparks lower lending costs

Borrowers are paying less for loans, new Central Bank of Kenya (CBK) data shows, as a new pricing system takes effect and passes on recent interest rate cuts.

By 1 month ago

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Real estate sector eyes 2026 rebound on policy, tech shifts

After a turbulent 2024 marred by high interest rates, costly construction inputs, and sluggish sales, industry executives reported a market stabilisation in 2025.

By 1 month ago

Nedbank offers Sh109.5 billion for 66 per cent stake in NCBA

South African lender Nedbank Group has offered to acquire a controlling 66 per cent stake in the Kenyatta family-linked NCBA Group for approximately ZAR 13.9 billion

By 1 month ago

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KRA seeks private funder for new multibillion revenue collection system

KRA is seeking a deep-pocketed private firm to bankroll and build a billion-shilling arsenal of drones, AI systems and a new digital platform to hunt tax evaders.

By 1 month ago

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How Kenya outwitted US, China to clinch dual trade deals

Kenya played the US and China against each other last week, announcing it had secured pivotal trade concessions within a critical 48-hour window to protect its exports and unlock new markets.

By 1 month ago

Remittances slide under Trump policies

Central Bank of Kenya report shows that remittances dropped to Sh56.17 billion in December 2025, down from Sh57.45 billion in December 2024.

By 1 month ago

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Kenya's elite splurge billions on Dubai property to dodge scrutiny at home

New report shows Kenyans are the leading African investors in Dubai's lucrative property market with nearly Sh34 billion. 

By 1 month ago

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Trump tariff threat casts long shadow over Kenya-Iran trade

Countries conducting business with the Islamic Republic risk being slapped with a 25 per cent tariff.

By 1 month ago