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This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.

CITAM Churches Raked in Ksh2.5 Billion in 2021 – Here’s How

The easing of Covid-19 restrictions also drove massive growth for CITAM's business units which include hotels, learning institutions, rental properties and media such as Christian radio station Hope FM. Income from CITAM's business units grew by a whopping 171% in 2021, to Ksh684 million up from Ksh213 million in 2020. 

Jumia Launches Online Shopping For Coca-cola Products

Jumia has announced a partnership with the Coca-Cola Africa Operating Unit to offer consumers access to Coca-Cola products from the comfort of their homes. The...

President Ruto Pledges To Support Mwale City Project

In a statement on Thursday, MMTC said President Ruto pledged his support for the investment and thanked Mr Mwale for investing in Kenya and creating jobs for the youth.

Ruto Brings Back Unconstitutional CAS Positions

Last year, activist Okiya Omtatah, now Busia Senator, successfully moved to court challenging the appointment of the officers and creation of the office of the CAS by the former President. Uhuru appointed various political allies of his, many of whom lost in the 2017 polls, as Chief Administrative Secretaries.

Allianz Takes Control Of Jubilee’s General Insurance Business In East Africa

Underwriter Allianz has taken control of Jubilee Insurance Mauritius Limited after purchasing 66% of shares in the company (equivalent to 3,554,275 ordinary shares). The...

KCB Shareholders Nod To Acquisition Of DRC Lender Trust Merchant Bank...

KCB Group Plc shareholders have approved the proposed acquisition of the DRC-based lender Trust Merchant Bank SA (TMB).  In August 2022, KCB Group Plc entered...

Kenyan Businesses Slam KRA in Heated Public Participation Event

KRA Head of Public Policy, Maurice Oray, was however quick to remind attendees of the need to ensure taxes are paid: "All views will be taken into account but even if taxes were increased last year, they will need to be increased this year too because the government must be funded."

Ministry of Trade Seeks Ksh900M From Development Partners To Unlock Kenya’s...

The Ministry of Industrialization, Enterprise and Trade is seeking Ksh978 million from the Korea Trade Investment Promotion Agency (KOTRA) and the exchequer to facilitate...

Keg Price Hike Sends Drinkers to Illicit Brews

The association was speaking during an engagement involving various multi-sectoral stakeholders and taxpayers and the Kenya Revenue Authority (KRA), which has come under pressure for what many consider to be punitive taxation measures.

Subsidized Fertilizer: Where to Buy, Full Price List and More Details

The subsidized fertilizer will be available from September 19th at National Cereals and Produce Board (NCPB) depots and sub-depots countrywide. Individual farmers will be able to access a maximum of 100 50kg bags at the subsidized prices.