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Latest business news in Kenya Latest business news in Kenya
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Martin K.N Siele is the Content Lead at Business Today. He is also a Quartz contributor and a 2021 Baraza Media Lab-Fringe Graph Data Storytelling Fellow. Passionate about digital media, sports and entertainment, Siele also founded Loud.co.ke

1207 Articles
Wasoko was valued at $625 million after closing a $125 million Series B round in March 2022. [Photo/ Wasoko]
BUSINESSECONOMYTECHNOLOGY

Wasoko CEO Moves to Zanzibar from Kenya With Developers

Firms including Wasoko under the Silicon Zanzibar program will benefit from Zanzibar Free Economic Zone incentives including exemption from corporate tax for 10...

2 Mins read
Hospitals are questioning why they are being asked by NHIF to quote Ksh1,000 per year per beneficiary in their invoices instead of the agreed upon Ksh1,400. [Photo/ Langata Link Essentials]
FEATURED ARTICLE

Why Your Preferred Hospital Could Soon Decline NHIF

“We are in a state of limbo as to whether we should serve NHIF outpatient or not because we run the risk of...

1 Mins read
With third-party agents and platforms out of the picture, all customers will only henceforth be able to either pay their bills or purchase tokens via official Kenya Power payment channels only. [Photo/ Facebook]
BUSINESSECONOMY

Kenya Power Shuts Down Token Agents, Unauthorized Paybills

The notice is set to affect several businesses which had emerged as vendors of prepaid electricity tokens. They include digital companies which Kenya...

1 Mins read
Nairobi Governor Johnson Sakaja and his deputy Njoroge Muchiri when they addressed county workers at City Hall on August 29, 2022. [Photo/ @SakajaJohnson]
BUSINESSECONOMY

Blunder or Masterstroke? Sakaja Dumps KRA for ‘Kanjo’ Revenue Collection

KRA took charge of the county's revenue collection soon after the national government through the Nairobi Metropolitan Services (NMS) took over a number...

2 Mins read
Johnson Sakaja's promises on the campaign trail were in line with UDA's 'Hustler Nation' campaign messaging. [Photo/ @JohnsonSakaja]
FEATURED ARTICLE

Joy for Boda Bodas as Sakaja Frees All Impounded Motorbikes

According to the Boda Boda Safety Association, there are over 50,000 boda bodas operating in Nairobi. They have previously clashed with the county...

2 Mins read
President Uhuru Kenyatta and DP William Ruto, now President-elect, pictured on a billboard outside Jubilee headquarters before their fall-out in 2018. [Photo/ Radio Africa Group]
BUSINESSPOLITICSREAL ESTATE

Jubilee HQ Goes Under Auctioneer’s Hammer

Garam Auctioneers disclosed that the building fetches an estimated monthly rent of Ksh3 million. It is a seven-storey commercial complex with two basement...

1 Mins read
In 2021, Standard Chartered Kenya paid a record dividend of Ksh7.1 billion or Ksh14 per share. Net profit for the year had risen 62 per cent to Ksh9.04 billion.
FEATURED ARTICLE

Moi Family Moves StanChart Stake as Empire Shake-up Continues

In 2021, Standard Chartered Kenya paid a record dividend of Ksh7.1 billion or Ksh14 per share. Net profit for the year had risen...

1 Mins read
The board, however, did not recommend the payment of an interim dividend for the period. [Photo/ NMG]
BUSINESSMARKETS

Co-op Bank Half-Year Profit Surges 55% to Ksh11.5 Billion

Non-interest income also increased to Ksh13.3 billion in H1 2022 up from Ksh10.3 billion in the corresponding period last year. The banking group's...

1 Mins read
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