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World Bank
BUSINESS

World Bank: Kenya Loses Up to 4% of GDP to Corruption Every Year

World Bank has warned that corruption is draining billions of shillings from Kenya's economy every year, with bribery, fraudulent schemes and inflated government...

The acquisition follows a period of expansion for Yellow Card,
BUSINESS

Yellow Card Expands Global Reach With Brazilian Crypto Acquisition

Yellow Card has expanded its operations into Brazil after completing the acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda., a...

Bamburi Cement Plc Sustainability and Corporate Affairs Director Eng Jane Wangari stresses a point (left), flanked by Kenya Green Building Society CEO Ms Nasra Nanda (centre) and the Industrialisation Secretary, at the Ministry of Investments, Trade and Industry, Prof Erastus Gatebe (right) at the Green Industrialisation and Manufacturing Panel session at the ongoing Kenya Industrialisation Summit 2026.
BUSINESS

Bamburi Cement Pushes Low-Carbon Cement as Kenya Shifts to Green Construction

Bamburi Cement Plc has stepped up efforts to promote low-carbon cement in Kenya, calling for changes in public procurement policies and financing guidelines...

Agriculture and small businesses are among the sectors targeted for expanded financing.
BUSINESS

Why Kenyan Banks May Struggle to Unlock Ksh7.3T in Climate Financing

Kenya's ambition to raise Ksh 7.3 trillion for climate-related investments over five years will require significant changes in how banks assess projects, manage...

Kenya Pipeline storage facilities.
BUSINESS

Kenya Pipeline Catches Thieves Trying to Tap Into Fuel Pipeline

The Kenya Pipeline Company (KPC) has raised fresh concerns about the security of petroleum transportation infrastructure after uncovering an illegal connection installed on...

Lee K
BUSINESS

Lee Kinyanjui Announces Drop in Kenya Loan Rates from 19pc to 12pc

Kenyan borrowers could be entering a period of cheaper access to credit, with Trade Cabinet Secretary Lee Kinyanjui saying some commercial banks have...

Kenya Pipeline storage facilities.
BUSINESS

Kenya Pipeline Unveils Ambitious Plan to Make Ksh68B by 2030

Kenya Pipeline Company (KPC) is preparing to move beyond its traditional petroleum transportation business as it seeks to increase annual revenue to Ksh68...

A person making payment via card
BUSINESS

Digital Payments Boom as Kenyan SMEs Battle Growing Business Problems

Keeping track of unpaid invoices, organising employee salaries and preparing financial statements remain difficult tasks for many Kenyan small businesses, even as digital...