Generated by Rank Math SEO, this is an llms.txt file designed to help LLMs better understand and index this website. # Business Today Kenya: Latest business news in Kenya ## Sitemaps [XML Sitemap](https://businesstoday.co.ke/sitemap_index.xml): Includes all crawlable and indexable pages. ## Posts - [KCB Appoints New CEO After Joshua Oigara’s Sudden Exit](https://businesstoday.co.ke/kcb-group-appoints-new-ceo-after-joshua-oigara-sudden-exit/): Paul Russo has been the Managing Director National Bank of Kenya (NBK) and the KCB Group Regional Business Director. - [Radio: How Comedians, Influencers Kicked Journalists Off the Airwaves](https://businesstoday.co.ke/radio-how-comedians-influencers-pushed-journalists-off-the-airwaves/): Radio entertains and educates Kenyans across the country every day. For many listeners who religiously keep up with their favorite shows and segments such as Radio Jambo's Patanisho, the love for radio is a way of life. - [Telkom-Airtel Merger Gets All-Important Greenlight](https://businesstoday.co.ke/telkom-airtel-merger-gets-all-important-greenlight/): This decision paves the way for the merger which, according to Telkom, stalled because of the EACC investigations. The stalling increased the risk of of Airtel walking away from the deal. - [Ex-Citizen TV Star Omosh Stares at Eviction, Heartbreak as Fortunes Dwindle](https://businesstoday.co.ke/ex-citizen-tv-star-omosh-stares-at-eviction-heartbreak-as-fortunes-dwindle/): Omosh explained that life had been difficult for him and his family since the onset of the Covid-19 pandemic. He noted the devastating impact the pandemic had on the entertainment sector. - [Safaricom to Pay Out Ksh18B in First Ever Interim Dividend](https://businesstoday.co.ke/safaricom-pays-out-ksh18b-to-shareholders-in-first-ever-interim-dividend/): Explaining the decision, Safaricom stated: “This is in recognition of the company’s solid half-year performance and to support our shareholders during these difficult economic times occasioned by the Covid-19 pandemic.” - [Revealed: Jacque Maribe’s Role in 2nd Season of Eric Omondi’s Wife Material](https://businesstoday.co.ke/revealed-jacque-maribes-role-in-2nd-season-of-eric-omondis-wife-material/): He will be picking 5 ladies from Kenya, Tanzania and Uganda each. The ladies should be 23 and above, willing to get married and must not be in an active marriage. - [Skyward Express Launches Ksh3950 Nairobi-Malindi Flights](https://businesstoday.co.ke/skyward-express-launches-ksh3950-nairobi-malindi-flights/): The airline will operate its state of the art Dash8 q100 with a seating capacity of 37 passengers. Skyward Express fares from Nairobi, Wilson Airport to Malindi, Malindi Airport will start from KES 3,950 (including taxes). - [Kenya Power to Install Solar Panels as Consumers’ Shift Threatens Revenues](https://businesstoday.co.ke/kenya-power-to-install-solar-panels-for-homes-as-consumers-shift-threatens-revenues/): Many consumers have sought to install solar to avoid high power costs by KPLC as well as constant black-outs. Now, the state-owned firm is keen on getting a piece of the pie. - [Businessman Charged in Ksh11.6M Tax Evasion Case](https://businesstoday.co.ke/businessman-charged-in-ksh11-6m-tax-evasion-case/): He was charged before Chief Magistrate Martha Mutuku with offenses relating to repackaging and distribution of contraband cigarettes for the purposes of evading taxes amounting to Kshs 11.6 million. - [TED Experiment Gives Kenyans Ksh1.1M Each to Spend However They Want](https://businesstoday.co.ke/ted-experiment-gives-kenyans-ksh1-1m-each-to-spend-however-they-want/): The ground-breaking nature of the project became apparent as participants around the world began receiving emails welcoming them to the so-called Mystery Experiment. - [Absa Plots Ksh1.6B Tech Investment as Bank Celebrates One Year in Kenya](https://businesstoday.co.ke/absa-plots-ksh1-6b-tech-investment-as-bank-celebrates-one-year-in-kenya/): Among other things, the bank plans on introducing an instant loan top-up service allowing borrowers to take on more debt at the touch of a button provided they meet certain requirements. - [‘Classic’ Churchill Show Set for Grand NTV Return After Long Absence](https://businesstoday.co.ke/churchill-show-live-performances-set-for-grand-return-to-the-screens/): Some of the top comedians expected to perform at the event include MC Jessy, MCA Tricky, Mammito, Captain Otoyo, Jemutai and Terrence Creative. - [Investing: Use Social Networks, Don’t be Used](https://businesstoday.co.ke/investing-use-social-networks-dont-be-used/): Anything that brings heightened awareness of financial literacy is a great thing, but it’s also something that we need to nurture. With millions entering the financial markets for the first time, unfortunately scams, misinformation and false promises follow, and it’s vital that we increase consciousness of this. - [Why Kilimani, Kileleshwa Rent Rates Are Falling](https://businesstoday.co.ke/why-kilimani-kileleshwa-rent-rates-are-falling/): Apartments in Kilimani showed the strongest fall in quarterly rents at 4.0 percent followed by Kileleshwa at 2.6 percent over the fourth quarter of the year 2020. - [Revealed: Kenya’s 10 Biggest Brands & Why M-Pesa Tops The List](https://businesstoday.co.ke/revealed-kenyas-10-biggest-brands-why-m-pesa-tops-the-list/): The insights revealed changes in brand perception during the Covid-19 pandemic, with many consumers showing an affinity for heritage brands widely considered as safe. - [Uhuru: Tech to Deliver Post Covid-19 Economic Growth](https://businesstoday.co.ke/uhuru-tech-to-deliver-post-covid-19-economic-growth/): The government intends to invest in training and capacity building of service providers and technology users to safeguard digital technologies. - [StanChart Robber Shot 4 Times Was Servicing Generator – ‘Framed’ Man’s Family Seeks Justice](https://businesstoday.co.ke/stanchart-robber-shot-4-times-was-servicing-generator-framed-mans-family-seeks-justice/): According to Critical Installations Police Unit (CIPU) Commander Mohammed Alike who pulled the trigger, he "shot a gangster at Standard Chartered Bank" after calling in to report that two people had tried to rob him at gunpoint outside the branch. - [Ksh29B Hustlers Fund: Ruto Plots New Kitty to Woo Voters](https://businesstoday.co.ke/ksh29b-hustlers-fund-ruto-plots-new-kitty-to-woo-voters/): Small scale traders and business starters such as handcart pushers grocers and Boda Boda operators in the 29 constituencies would benefit from the Deputy President's promise. In a quest to ensure every Kenyan earn a meaningful living, he stood tall for his bottom-up approach. - [Kenyan Staff Banned as UK Military Camp Put Under Lockdown](https://businesstoday.co.ke/kenyan-staff-banned-as-uk-military-camp-put-under-lockdown/): It was feared that soldiers who travelled from the UK last week might have brought with them the new Covid-19 strain. - [Sam Njoroge Quits KBC, Again](https://businesstoday.co.ke/sam-njoroge-exits-kbc-again/): He announced his exit during a live broadcast. - [Governors Elect Martin Wambora as New CoG Chairman](https://businesstoday.co.ke/governors-elect-martin-wambora-as-new-cog-chairman/): Wambora will be deputized by his Kisii counterpart James Ongwae. - [Janet Mbugua: Former TV Queen Now Changes Girls’ Lives](https://businesstoday.co.ke/janet-mbugua-former-tv-queen-now-changes-girls-lives-around-the-world/): In 2017, Janet Mbugua left loyal viewers disappointed after announcing her exit from Royal Media Services (RMS) owned Citizen TV. - [NTV Swahili Desk Left Light Following Resignation of Key News Anchor](https://businesstoday.co.ke/ntv-swahili-desk-left-light-following-resignation-of-key-news-anchor/): The news anchor remained guarded and revealed very little regarding her decision to quit - [Kanze Dena’s Transformation Gets Kenyans Talking [PHOTOS]](https://businesstoday.co.ke/kanze-denas-transformation-gets-kenyans-talking-photos/): It wasn't the President's visit or an expected high-stakes meeting of political bigwigs that caught people's attention, but rather, Kanze's transformation. - [Dividend Pain For EABL Shareholders as Half-Year Profits Tumble 47%](https://businesstoday.co.ke/dividend-pain-for-eabl-shareholders-as-half-year-profits-tumble-47/): Brewer profits smothered by the pandemic with measures such as shutting down of bars across the country coming back to bite the company - [Nick Ndeda Exits Kiss FM After 2-Year Stint](https://businesstoday.co.ke/nick-ndeda-exits-kiss-fm-after-2-year-stint/): The presenter has been at Radio Africa Group for 9 years. - [Investing in Mental Health Key in Recovery of African Economies](https://businesstoday.co.ke/investing-in-mental-health-key-in-recovery-of-african-economies/): It is estimated that mental illnesses cost $2.5 trillion globally in 2010, and this cost will rise to over $6 trillion by 2030 - [CIC Group Issues Profit Warning On COVID Woes](https://businesstoday.co.ke/cic-group-issues-profit-warning-on-covid-woes/): The company also noted viscosity in the property market pointing out it has been tight with limited opportunities to dispose properties and support in offsetting financials charges - [Crackdown: Police Take on ‘Lawless’ Boda Boda Industry](https://businesstoday.co.ke/crackdown-police-take-on-lawless-boda-boda-industry/): Members of the public were urged to report any accidents or security-related incidents involving boda boda riders to the nearest police station. - [Lolani Kalu’s Hilarious Comeback Wins Kenyans’ Hearts [VIDEO]](https://businesstoday.co.ke/lolani-kalus-hilarious-comeback-wins-kenyans-hearts-video/): Much like he cut a niche for himself with his comical Swahili reporting, Kalu has been able to entertain even in adverts. - [KRA Wins Sh9.3bn Case Against Embu Wholesaler](https://businesstoday.co.ke/kra-wins-sh9-3bn-case-against-embu-wholesaler/): Embu business run by a man and his wife lose battle against taxman who can now collect Sh9.3 billion from them - [Did Igathe Resign? Courts to Decide as Former DG Throws Spanner in the Works](https://businesstoday.co.ke/did-polycarp-igathe-resign-court-to-decide-as-former-dg-throws-spanner-in-the-works/): Igathe says he was not aware if the legal steps to formalize his resignation were conducted. - [Banks Restructure Sh1.6trn Worth Of Loans in 10 Months](https://businesstoday.co.ke/banks-restructure-sh1-6trn-worth-of-loans-in-10-months/): Personal and household loans amounting to Ksh333.0 billion or 39.6 percent of the gross loans to this sector have had their repayment period extended - [Mwananchi Credit Extends Repayment Period For Civil Servants Loans To 8 Years](https://businesstoday.co.ke/mwananchi-credit-extends-repayment-period-for-civil-servants-loans-to-8-years/): Civil servants and TSC members will now have up to 96 months to pay their loans, a major relief from the previous 72 months. - [CBK Retains Base Lending Rate at 7%. Plans Further Economic Intervention Measures](https://businesstoday.co.ke/cbk-retains-base-lending-rate-at-7-plans-further-economic-intervention-measures/): The regulator is considering rolling out further economic intervention measures after being satisfied with the execution of the Economic Stimulus Program to cushion vulnerable citizens - [Relief for Business Owners as Govt Extends Disclosure Deadline](https://businesstoday.co.ke/relief-for-business-owners-as-govt-extends-disclosure-deadline/): Failure to comply with the requirements exposes companies and their directors to stiff penalties. - [Exclusive: Betty Kyallo on Upcoming TV Comeback, Her New Barber Shop and Expanding Beauty Empire](https://businesstoday.co.ke/exclusive-betty-kyallo-on-upcoming-tv-comeback-her-new-barber-shop-and-expanding-beauty-empire/): In a conversation with Business Today on Wednesday, January 27, she described the moment as a huge milestone - [KRA Issues Corporate Tax Guidelines Following End of Relief Measures](https://businesstoday.co.ke/kra-issues-corporate-tax-guidelines-following-end-of-relief-measures/): The guidelines will be used by corporations whose accounting periods ended in the Year of Income 2020 or are due to end in the Year of Income 2021 - [Why UK is One Of The World’s Gambling Leaders](https://businesstoday.co.ke/why-uk-is-one-of-the-worlds-gambling-leaders/): Having a simplified set of legislation covering both online gambling and in-person gambling keeps the patrons and the industry safe. - [Safaricom Rolls Out M-Pesa Bill Management Service](https://businesstoday.co.ke/safaricom-rolls-out-m-pesa-bill-management-service/): The service targets businesses offering products, services and utilities with recurrent mobile money transactions. - [Reverend Claims Politicians Issue Church Leaders With Bounced Cheques](https://businesstoday.co.ke/reverend-says-politicians-issue-church-leaders-with-bounced-cheques/): Reverend Wainaina claimed that politicians knowingly issue church leaders with bouncing cheques under the full glare of the cameras for political mileage with money increasingly becoming a powerful political tool - [DEBUNKED: Naomi Campbell Earning Ksh11 Million a Month to Promote Kenya?](https://businesstoday.co.ke/is-naomi-campbell-earning-ksh11-million-a-month-to-promote-kenya/): The figure was circulated on social media by users who questioned why Campbell over local talents with international appeal. - [TSC Advertises 1,000 Vacancies for Teachers](https://businesstoday.co.ke/tsc-advertises-1000-vacancies-for-teachers/): Teachers were urged to apply for the roles online as manual applications will not be considered. - [Microinsurer Raises Sh600 Million to Power Growth in Africa](https://businesstoday.co.ke/microinsurer-pula-raises-sh600-million-to-power-growth-in-africa/): The Series A funding for Pula's Africa expansion was led by TLcom Capital, with the participation of Women’s World Banking. - [Kiambu Family Killer Unfit for Trial – Court Rules](https://businesstoday.co.ke/kiambu-family-killer-unfit-for-trial-court-rules/): His girlfriend, Sarah Muthoni was released after she reached a deal to become a state witness against Lawrence - [Car Wash Businesses to be Kicked Out of Nairobi – Badi](https://businesstoday.co.ke/car-wash-businesses-to-be-kicked-out-of-nairobi-badi/): car wash businesses have become such a menace - [COVID-19: Gender-Based Violence Cases Rise](https://businesstoday.co.ke/covid-19-gender-based-violence-cases-rise/): Violence against women has long been recognized as a global epidemic - [Legendary Talk Show Host Larry King Dies at 87](https://businesstoday.co.ke/legendary-talk-show-host-larry-king-dies-at-87/): He hosted “ Larry King Live” on CNN for over 25 years. - [Valentine’s Day is Coming – What are Your Plans?](https://businesstoday.co.ke/valentines-day-is-coming-what-are-your-plans/): This year you will be having a quarantined or socially distanced Valentine's day. - [EABC: EAC Economies to Grow in 2021](https://businesstoday.co.ke/e-a-b-c-east-african-community-economies-expected-to-grow-in-2021/): In 2021, the Economic Growth projections of the East African region is projected to recover to 3.7% - [Exclusive: Debarl Inea Joins K24,Takes Over from Anne Kiguta](https://businesstoday.co.ke/exclusive-debarl-inea-joins-k24takes-over-from-anne-kiguta/): Former NTV anchor Debarl Inea is set to be unveiled on Mediamax-owned K24 TV as the new host of Punchline, Business Today can reveal. - [NHIF, NSSF Remittance Dates to Change in Far-Reaching New Rules](https://businesstoday.co.ke/nhif-nssf-remittance-dates-to-change-in-far-reaching-new-rules/): The proposal is meant to support implementation of a unified payroll system recently unveiled by the Kenya Revenue Authority (KRA). - [Britam CEO Postpones Retirement Amid Search for Successor](https://businesstoday.co.ke/britam-ceo-postpones-retirement-amid-search-for-successor/): Wairegi has been at the Nairobi Securities Exchange-listed firm for 40 years. - [DP Ruto Among Mourners at Mama Mudavadi’s Requiem Mass](https://businesstoday.co.ke/dp-ruto-among-mourners-at-mama-mudavadis-requiem-mass/): Uhuru's brother, Muhoho Kenyatta, spoke on behalf of the Kenyatta family at the mass. - [What UK’s New Immigration System Means for Kenyan Job-Seekers, Students](https://businesstoday.co.ke/what-uks-new-immigration-system-means-for-kenyan-job-seekers-students/): The points-based system took effect on January 1, 2021 following Britain's formal exit from the European Union (EU) - [KQ Aligns Flight Schedule With JKIA Express Rail Service as Prices Slashed](https://businesstoday.co.ke/kq-aligns-flight-schedule-with-jkia-express-rail-service-as-prices-slashed/): are from the Nairobi Central Station to JKIA has also been halved, from Ksh500 to Ksh250. - [Don’t go Upcountry for Christmas – Govt Warns Kenyans](https://businesstoday.co.ke/dont-go-upcountry-for-christmas-govt-warns-kenyans/): He maintained that Kenyans would have to forego the tradition of visiting family members including parents and grandparents. - [Govt Delivers Beer, Tea to Kenyans Living in UK](https://businesstoday.co.ke/govt-delivers-beer-tea-to-kenyans-living-in-uk/): The Kenyan High Commission in the UK partnered with leading brands including East African Breweries Limited (EABL), Kenya Tea Development Agency (KTDA) and the Kenya Tourism Board (KTB). - [Life After Anne Kiguta: K24’s Plans for ‘Punchline’ Revealed](https://businesstoday.co.ke/life-after-anne-kiguta-k24s-plans-for-punchline-revealed/): Interviews with highly-placed sources at Mediamax including in the Macharia Muhoho-led production team offered a glimpse of what the future of Punchline looks like. - [20 Books Kenyans Read The Most in 2020 – Text Book Centre Reveals](https://businesstoday.co.ke/20-books-kenyans-read-the-most-in-2020-text-book-centre-reveals/): Interestingly, the company reported a 300% surge in online sales in 2020. - [Painters to Redeem Points for M-Pesa in New Loyalty Program](https://businesstoday.co.ke/painters-to-redeem-points-for-m-pesa-in-new-loyalty-program/): The program dubbed 'Zawadika na Marangi' will be accessible via an android application on Google Play, or on the *338# USSD service for Safaricom users. - [President Uhuru Kenyatta’s State of the Nation Address [FULL SPEECH]](https://businesstoday.co.ke/president-uhuru-kenyattas-state-of-the-nation-address-full-speech/): President Uhuru Kenyatta on Thursday, November 12 delivered his seventh State of the Nation Address at Parliament buildings, Nairobi. - [Yamaha Targets Urban Commuters With 2 New Motorbike Models](https://businesstoday.co.ke/yamaha-targets-urban-commuters-with-2-new-motorbike-models/): Toyota Kenya has introduced two new motorcycle brands targeting commuters in urban centres looking to beat the traffic. - [PesaCheck Appoints New Managing Editor](https://businesstoday.co.ke/pesacheck-appoints-new-managing-editor/): Incubated by Code for Africa (CfA), PesaCheck has in recent years grown to become one of the leading fact-checking media platforms on the continent. - [KNBS Appoints New Director General](https://businesstoday.co.ke/knbs-appoints-new-director-general/): Obudho replaces Zachary Mwangi who had been in the position since 2012. - [Cytonn CEO: Why Uhuru’s Housing Project is Lagging Behind](https://businesstoday.co.ke/cytonn-ceo-why-uhurus-housing-project-is-lagging-behind/): Cytonn CEO Edwin Dande sought to explain why the affordable housing pillar in President Uhuru Kenyatta's Big 4 development agenda had gotten little traction. - [Former Safaricom Chair to Lead Kakuzi After Human Rights Scandal](https://businesstoday.co.ke/former-safaricom-chair-to-lead-kakuzi-after-human-rights-scandal/): Businessman John Kibunga Kimani was also appointed as a non-executive director in the shake-up. Kimani is the second largest shareholder at Kakuzi but had failed in previous attempts to secure a board seat. - [Sportpesa Shareholder Blows Lid on Behind-the-Scenes Fallout](https://businesstoday.co.ke/sportpesa-shareholder-blows-lid-on-behind-the-scenes-fallout/): Paul Wanderi Ndung'u, billionaire businessman and one of the local shareholders at Pevans East Africa, Sportpesa's parent company, issued a statement... - [Blow to KPLC as as Kenyans Default on Power Bills](https://businesstoday.co.ke/blow-to-kplc-as-as-kenyans-default-on-power-bills/): The company cited lower consumption and reduced payments for power already consumed by customers. - [Lamu Coal Power Plant: Talks to Save Stalled Mega-Project](https://businesstoday.co.ke/lamu-coal-power-plant-talks-to-save-stalled-mega-project/): Amu, a joint venture between Centum and Gulf Power, has faced a series of setbacks as it tried to pull off the mega-project. - [Inflation Jumps for the First Time Since April, Here’s Why](https://businesstoday.co.ke/inflation-jumps-for-the-first-time-since-april-heres-why/): It marked the end of a five-month disinflation trend, where the cost of common user goods and services kept going down month on month. - [Covid-19 Vaccine Trials Begin in Kenya](https://businesstoday.co.ke/covid-19-vaccine-trials-begin-in-kenya/): The trial is targeting 400 volunteers for vaccination, with 40... - [Absa to Plant 10 Million Trees by 2025 in Sustainability Drive](https://businesstoday.co.ke/absa-to-plant-10-million-trees-by-2025-in-sustainability-drive/): Absa Bank Kenya Managing Director Jeremy Awori noted that they expected to be held accountable for several commitments announced as part of the sustainability drive. - [Magical Kenya Launches New ‘Kenya Coast’ Brand, 7 Sub-Brands [VIDEO]](https://businesstoday.co.ke/magical-kenya-launches-new-kenya-coast-brand-7-sub-brands-video/): Known as 'Kenya Coast', the new brand has seven unique sub-brands of its own themed around different areas at the Coast; including Mombasa, Malindi, Lamu, Tana River, Diani, Watamu and Tsavo. - [Users to Get Free Data as Safaricom Unveils Improved App](https://businesstoday.co.ke/users-to-get-free-data-as-safaricom-unveils-improved-app/): Safaricom has updated its mySafaricom app, adding several new features in a bid to offer users an enhanced experience. - [Tanzania Elections: Tundu Lissu Rejects Poll Results [VIDEO]](https://businesstoday.co.ke/tanzania-elections-tundu-lissu-rejects-poll-results-video/): The opposition leader called for the international community, including neighboring countries such as Kenya, not to endorse the results. - [KU Students Win UN Person of the Year Award for Covid-19 Innovation](https://businesstoday.co.ke/ku-students-win-un-person-of-the-year-award-for-covid-19-innovation/): The students hit the headlines in April for developing an affordable ventilator prototype using locally available materials. They went on to receive support to develop the Tiba-Vent ventilators at a time when global demand for the equipment was incredibly high due to the pandemic, causing price surges. - [Bolt Taxi Drivers Face Enhanced Vetting With DCI Roped In](https://businesstoday.co.ke/bolt-taxi-drivers-face-enhanced-vetting-with-dci-roped-in/): With drivers already required to have a clean record, the company is also be monitoring for criminal offences in real time... - [After Masks Success, Kitui Now Manufactures Soap, Body Creams](https://businesstoday.co.ke/after-masks-success-kitui-now-manufactures-soap-body-creams/): Some of the products have already been made available for sale. Notably, they all feature Kitui-themed branding. - [Auto Spares Dealer Admitted to NSE’s Ibuka Program](https://businesstoday.co.ke/auto-spares-dealer-admitted-to-nses-ibuka-program/): The Ibuka program is meant to support companies with high-growth prospects as they work towards listing on the bourse. - [M-Pesa’s New Pochi la Biashara Feature: All You Should Know](https://businesstoday.co.ke/m-pesas-new-pochi-la-biashara-feature-all-you-should-know/): Notably, funds sent to the wallet will not be deducted by Fuliza, Safaricom's wildly popular overdraft service. - [Landowner Who Sued Ruto Dies in Nairobi](https://businesstoday.co.ke/landowner-who-sued-ruto-dies-in-nairobi/): Muteshi took Ruto to court claiming that his 100-acre piece of land had been grabbed during the 2007/08 Post Election Violence (PEV) in Uasin Gishu county, and pointed an accusing finger at the... - [Details of NTSA’s New EU-Funded Road Safety Programme](https://businesstoday.co.ke/details-of-ntsas-new-eu-funded-road-safety-programme/): Dubbed Usalama Barabarani (Safe Roads), the campaign incorporates a raft of measures and projects meant to ensure positive road safety outcomes. - [Centum Real Estate to Float Ksh4B Project Bond](https://businesstoday.co.ke/centum-real-estate-to-float-ksh4b-project-bond/): Investors who purchase the bond will have the option of investing in an equity-linked component. - [Revamped Commuter Rail Service Gets Nairobians Talking [PHOTOS]](https://businesstoday.co.ke/revamped-commuter-rail-service-gets-nairobians-talking-photos/): The Nairobi Commuter Rail service is closer to taking off after one of the recently imported Diesel Multiple Units (DMU) was spotted on the tracks on Tuesday, October 27. - [Free Calls, Data for Safaricom Customers as Company Celebrates 20th Anniversary](https://businesstoday.co.ke/free-calls-data-for-safaricom-customers-as-company-celebrate-20th-anniversary/): Safaricom customers will enjoy one free phone call of up to 20 minutes within the next... - [Safaricom CEO on Africa Expansion Plans, Company’s Future [VIDEO]](https://businesstoday.co.ke/safaricom-ceo-on-africa-expansion-plans-companys-future-video/): "We want to be here one hundred years from now," Ndegwa declared as he explained his plans for the company to build on the success it has achieved so far. - [Female Boda Boda Riders to Reap Big in New Govt Plan](https://businesstoday.co.ke/female-boda-boda-riders-to-reap-big-in-new-govt-plan/): Cabinet Secretary Margaret Kobia announced that the government had committed various state intervention funds to support the female riders, promising tangible results by... - [Homeboyz to List on NSE in 2020 – Mike Rabar](https://businesstoday.co.ke/homeboyz-to-list-on-nse-in-2020-mike-rabar/): Rabar made the announcement in front of dignitaries including President Uhuru Kenyatta, Deputy President William Ruto and ODM leader Raila Odinga at the launch of the Building Bridges Initiative (BBI) report at the Bomas of Kenya. - [Buds Q: Realme Wireless Earbuds Launched in Kenya](https://businesstoday.co.ke/buds-q-realme-wireless-earbuds-launched-in-kenya/): The earbuds were designed in collaboration with French design guru Jose Levy, known for his works with various fashion houses and art galleries. - [Fuel Station Scam: Investigation Launched After Motorists Raise Alarm](https://businesstoday.co.ke/fuel-station-scam-investigation-launched-after-motorists-raise-alarm/): EPRA announced that it had dispatched its surveillance team to follow up on allegations which went viral on social media against... - [Future Bora: Organizations Eye Ksh40M Grants in New Govt Initiative](https://businesstoday.co.ke/organizations-eye-ksh40m-grants-in-new-govt-initiative/): Organizations will have to apply for the grants on an online portal, with selected winners to receive Ksh40 million each to be disbursed in milestone-based tranches. - [Paypal Announcement Drives Up Bitcoin Price](https://businesstoday.co.ke/paypal-announcement-drives-up-bitcoin-price/): Making its entry into the cryptocurrency market, Paypal is set to make it possible for its users to buy, hold and sell Bitcoin and other digital currencies on their Paypal digital wallets. - [DialaCoke: Coca Cola Launches Home Delivery Service in Kenya](https://businesstoday.co.ke/dialacoke-coca-cola-launches-home-delivery-service-in-kenya/): It will initially be available in major cities and towns including Nairobi, Mombasa, Kisumu and Eldoret although expansion plans are said to be in the pipeline. - [EABL Appoints Ory Okolloh to Its Board of Directors](https://businesstoday.co.ke/eabl-appoints-ory-okolloh-to-board-of-directors/): She sits on the boards of several organizations including the Thomson Reuters Founders Share Company, Stanbic Holdings Plc, Stanbic Bank Kenya and Harvard University's Center for African Studies. - [Why You Might Need to Wear a Mask While Having Sex](https://businesstoday.co.ke/why-you-might-need-to-wear-a-mask-while-having-sex/): Top doctor says there is little chance of catching COVID-19 from semen or vaginal fluid, but sexual activity with new partners does increase the risk of contracting the virus, particularly if there is close contact like kissing - [Inside KCB’s Soil-less Agriculture Project Tailored to Create 1.5 Million Jobs Over 5 Years](https://businesstoday.co.ke/inside-kcbs-soil-less-agriculture-project-tailored-to-create-1-5-million-jobs-over-5-years/): The project will be implemented via construction of 28,000 greenhouses in 560 sites across the country. - [Pain of Mobile Money Loans Drives Tala Down Road Less Travelled](https://businesstoday.co.ke/tala-pain-mobile-money-loans-prominence-digital-lenders/): Tala is promising a disruption of the digital lending sector just months after celebrating its 5th anniversary - [ARM Cement Recovery Questionable Over Lengthy Suspension](https://businesstoday.co.ke/lengthy-suspension-of-arm-cement-points-to-recovery-limbo/): The end to the woes of collapsed ARM Cement seem to be nowhere near in sight, if the extension of suspension of trading of its shares on the Nairobi Securities Exchange (NSE) is anything to go by. - [A Woman After God’s Own Heart](https://businesstoday.co.ke/a-woman-after-gods-own-heart/): When Pauline Omirera speaks, her modulated voice carries authority demanding undivided concentration. Humanity, hope, healthy living, love and Jesus are words that come out naturally from within her soul. - [Insurance Steps in to Cushion Infertile Couples From High Cost of Treatment](https://businesstoday.co.ke/fertility-insurance-infertility-treatment-ivf-intrauterine-insemination-clomid/): While the WHO recognises infertility as a disease, NHIF does not cover it - [11 ways to make money while you sleep](https://businesstoday.co.ke/11-ways-to-make-money-while-you-sleep/): You can actually make money while you sleep? Sound too good to be true? Well, that the reality of the internet age where you can make money without opening yours eyes or even living your house. - [9-year-old entreprenuer lands Sh100 million supply contract](https://businesstoday.co.ke/nine-year-old-entreprenuer-lands-sh100-million-supply-contract/): BEE-ING CREATIVE: Growing lemonade empire whose idea emerged after a four-year-old girl was stung by bees — twice in one week - [Crown Paints Sets Up Shop On Booming Nairobi-Mombasa Highway Construction Corridor](https://businesstoday.co.ke/crown-paints-sets-up-shop-in-mulolongo-mroad/): Crown Paints Kenya Plc, a listed paints manufacturer, has opened a new Xperience Centre in Mlolongo, Machakos County, to tap into the rapidly expanding residential and commercial construction market unfolding along the Nairobi-Mombasa highway corridor. - [Africa Steps Up Forest Finance as Global Funding Falters](https://businesstoday.co.ke/africa-steps-up-forest-finance-as-global-funding-falters/): African governments are deliberately developing new ways to finance the protection and restoration of forests, providing practical examples of how forest finance can move from just models to delivery at scale. - [Mashujaa Day: Eldoret Stadium 68% Complete Ahead of October 20](https://businesstoday.co.ke/eldoret-stadium-68-ready-for-mashujaa-day/): Three stadiums in Uasin Gishu, Nandi and Elgeyo Marakwet counties are undergoing final preparations ahead of this year's Mashujaa Day celebrations, with the main venue in Eldoret still under construction less than a month before the national event. - [Crime Fiction Legend John Kiriamiti Returns with The Abduction Squad](https://businesstoday.co.ke/crime-fiction-legend-john-kiriamiti-returns-with-the-abduction-squad/): At the ongoing Nairobi International Book Fair at Sarit Expo Centre, Nairobi, a new novel that explores the limits of law enforcement was launched. - [Kenya’s Shadow Alcohol Market: Illicit Brews, Counterfeits and the Fight Over ‘Second-Generation’ Spirits](https://businesstoday.co.ke/kenyas-shadow-alcohol-market-illicit-brews-counterfeits-and-the-fight-over-second-generation-spirits/): On any given Friday evening, as Kenyans gather in bars, homes and roadside dens, a parallel alcohol economy thrives alongside the formal one. Illicit liquor—ranging from traditional home brews to cheap, high-strength bottled spirits and counterfeit versions of well-known brands—accounts for roughly 60% of all alcohol consumed in the country by volume, according to a 2025 Euromonitor International study commissioned by the Alcoholic Beverages Association of Kenya. - [How Much Does an Electric Bike Cost in Kenya](https://businesstoday.co.ke/how-much-does-an-electric-bike-cost-in-kenya/): Electric motorcycles are transforming Kenya’s boda boda sector, the backbone of urban and rural transport that moves millions of people and goods daily. - [Mumias Sugar Shareholder Takes CMA to Task Over Suspended Shares](https://businesstoday.co.ke/mumias-shareholder-challenges-cma/): A dispute over access to information on the prolonged suspension of Mumias Sugar Company shares has reached the Commission on Administrative Justice (CAJ), with a shareholder seeking to compel the Capital Markets Authority (CMA) to explain its decision to withhold key details. - [Airtel Money Announces London Stock Exchange IPO](https://businesstoday.co.ke/airtel-money-eyes-london-ipo/): Airtel Money is preparing to enter the London Stock Exchange through a proposed initial public offering (IPO) that will give investors an opportunity to buy shares in the mobile financial services business. - [CBK Accepts KSh33.35Bn in latest Treasury Bills Auction](https://businesstoday.co.ke/cbk-accepts-ksh-33-35bn-in-t-bill-auction/): CBK accepted KSh 33.35Bbillion out of KSh 41.72 billion in bids in the latest Treasury Bills auction. - [NSE Derivatives Market Turnover Hits past KSh 1 Billion](https://businesstoday.co.ke/nse-derivatives-turnover-hits-past-ksh1bn/): NSE (Nairobi Securities Exchange) has surpassed the KSh 1 billion turnover mark to KSh 1,008,460,024 year to date in 2026. According to the NSE Chief Executive Officer Frank Mwiti, this milestone reflects the strength of the bourse, the trust of participants and the shared commitment to building deeper liquidity, expanding access and creating new opportunities for investors. - [CBK Seeks KSh50Bn for Budget Support in October](https://businesstoday.co.ke/cbk-seeks-ksh50bn-for-budgetary-support-in-oct/): CBK (Central Bank of Kenya), the Government’s fiscal agent is seeking for KSh50billion from the domestic money market for budget support, the third time in is doing so in the month of September. In the last monetary actions this month, CBK has come in twice to seek for KSh60billion for budget support on both occasions, through re-opened Treasury Bonds. - [Absa Bank Kenya Partners with UN Agencies to Finance Cold-Storage Facilities](https://businesstoday.co.ke/absa-bank-and-un-agencies-in-facilities-pact/): Absa Bank Kenya, United Nations Capital Development Fund(UNCDF) and United Nations Development Program(UNDP) have announced a strategic portfolio guarantee arrangement to unlock financing for solar-powered cold storage solutions and help close Kenya’s estimated US$ 2.1 billion cold storage deficit. - [By 2 P.M., Grief Has Moved On. So Has Life](https://businesstoday.co.ke/by-2-p-m-grief-has-moved-on-so-has-life/): There is perhaps no greater irony in human existence than this: the day we become the center of everyone's attention is the day we are no longer around to notice. - [Kisumu County Explains Ksh5.9B Pending Bills](https://businesstoday.co.ke/kisumu-county-explains-ksh5-9b-pending-bills/): Kisumu County is banking on a Ksh 900 million allocation to ease its debt burden, with officials projecting that unpaid bills to contractors and suppliers could drop to Ksh 700 million after the payments. - [UASU Issues 7-Day Strike Notice As Lecturers Threaten October Shutdown](https://businesstoday.co.ke/uasu-issues-7-day-strike-notice-as-lecturers-threaten-october-shutdown/): University lecturers in public universities are set to go on strike from October 2 after the Universities Academic Staff Union (UASU) issued a seven-day nationwide strike notice on Thursday. - [Naivas Owners Move to Court to Reinstate HR Firm](https://businesstoday.co.ke/naivas-owners-seek-to-revive-hr-firm/): Naivas supermarket chain owners have filed a court application seeking to revive Achievo Limited, a human resource outsourcing company that was removed from the Companies Register in May 2026. - [Researchers Set Commercialisation Priorities Ahead of Africa Technology and Leadership Conference](https://businesstoday.co.ke/researchers-set-commercialisation-priorities-ahead-of-africa-technology-and-leadership-conference/): Kenya’s research and innovation community has outlined practical priorities for helping more locally developed knowledge, prototypes and technologies move from research into commercial use. - [SGR Passenger Numbers Rise 10.3% as Cargo Hits 4.1 Million Tonnes](https://businesstoday.co.ke/sgr-passenger-numbers-rise-10-3-in-2026/): Kenya’s Standard Gauge Railway (SGR) recorded an increase in both passenger and freight traffic in the first half of 2026, with more travellers using the train service and cargo volumes rising compared to the same period last year. - [Two More Arrested Over Lawyer Mbobu Murder](https://businesstoday.co.ke/two-more-arrested-over-lawyer-mbobu-murder/): Detectives have arrested two more suspects in connection with the fatal shooting of lawyer Mathew Kyalo Mbobu, as an intelligence-led operation targeting people linked to the September 9, 2025 murder probe intensifies. - [Fine Spinners Uganda Eyes Kenya’s Apparel Export Industry](https://businesstoday.co.ke/fine-spinners-eye-kenyas-apparel-industry/): Fine Spinners Uganda Limited (FSUL) is investing US$5 million in new textile machinery as it targets a bigger role in Kenya’s apparel export industry. - [Invest & Grow in C-Suite Change With New CEO](https://businesstoday.co.ke/ig-sacco-appoints-new-ceo/): IG (Invest& Grow) SACCO has appointed CPA Mary Awino as the new Chief Executive Officer, succeeding Dr. CPA Peter A. Vuhyah, who retires after 23 years of dedicated service. - [CBK Approves Transfer of Access Bank Kenya Business to National Bank of Kenya](https://businesstoday.co.ke/cbk-approves-transfer-of-access-bank-to-nbk/): CBK(Central Bank of Kenya) has announced the transfer of all assets and liabilities of Access Bank Kenya(Plc) to National Bank of Kenya Limited(NBK). This follows approval by the CBK on August 17th 2026, under Section 13(4) of the Banking Act and the approval by the Cabinet Secretary, National Treasury and Economic Planning on September 21st 2026. This is in pursuant to Section 9(1) of the Banking Act. - [Karakuta Fresh Produce, Quickmart to List at the NSE as IPO Rains Persist](https://businesstoday.co.ke/karakuta-fresh-produce-quickmart-to-list/): Karakuta Fresh Produce, one of the leading Kenyan exporters of Avocado and Fresh Organic Herbs, has announced plans to list by introduction at the Nairobi Securities Exchange(NSE). This is subject to approval from the NSE and the Capital Markets Authority(CMA). - [Lamu Refinery Project Awards KSh58Billion Engineering Contract to Indian Firm](https://businesstoday.co.ke/lamu-refinery-awards-ksh-58-billion-contract/): Lamu Mega Refinery Project, to be undertaken by the Dangote Group, has awarded a US$ 450 million Engineering and Consultancy Contract to Engineers India Limited. - [Africa’s Growing Climate Funding Gap Sparks Alarm](https://businesstoday.co.ke/africas-growing-climate-funding-gap-sparks-alarm/): CDRFI Africa Forum, a platform that brings together governments, insurance regulators, development partners and insurance market actors aims to more than advance climate and disaster risk financing across Africa. - [Lidambitsa Gold Refinery Set To Transform Kenya’s Mineral Value Chain](https://businesstoday.co.ke/lidambitsagold-refinery-set-to-transform-kenyas-mineral-value-chain/): Kenya is set to strengthen its position in the regional minerals trade with the construction of the Lidambitsa Gold Refinery in Ikolomani, Kakamega County, now at an advanced stage of development. - [CBK Flags 7 Banks in Ksh3B Capital Breach](https://businesstoday.co.ke/cbk-flags-7-banks-in-ksh3b-capital-breach/): The Central Bank of Kenya (CBK) disclosed the breaches in its latest Bank Supervision Annual Report, stating that the affected lenders had not met the Sh3 billion minimum set under Section 7(1) of the Banking Act. - [CBK: Large Banks’ Market Share Falls to 69.7%](https://businesstoday.co.ke/cbk-reports-shift-in-banking-market-share/): The Central Bank of Kenya (CBK) has reported a shift in the distribution of the banking sector’s market share, with medium-sized lenders expanding their combined position while the largest institutions recorded a decline in 2025. - [](https://businesstoday.co.ke/156836-2/): More and more people are now embracing Trusts over Wills to take care of their assets and or dependants when they depart from this life. - [Policyholders Compensation Fund extends moratorium on three underwriters](https://businesstoday.co.ke/policyholders-fund-extends-moratoriums-3-firms/): Kenya’s Policyholders Compensation Fund(PCF)has extended the moratorium on payments by Corporate Insurance, Trident Insurance and KUSCCO Mutual Assurance for a further two months. - [Standard Chartered Bank Kenya(SCBK) Downgrades to Medium Tier](https://businesstoday.co.ke/scbk-downgrades-to-middle-tier-status/): Standard Chartered Bank Kenya(SCBK) has moved from Central Bank of Kenya(CBKs) Large Peer Group to the Medium Peer Group in 2025. SCBK market-size index fell to 4.5% from 5.4%, with its ranking moving from 8th to 9th. The shift reflects a contraction in relative balance-sheet scale: - [KCB widens its lead in market size](https://businesstoday.co.ke/kcb-market-size-widens-over-equity-group/): KCB Bank Kenya widened its lead over Equity Bank Kenya to 5.5 percentage points in 2025 — the widest gap in CBK’s market-size series since at least 2012. - [CBK Invites Public Comments On National Payments System Bill, Policy](https://businesstoday.co.ke/cbk-invites-public-comments-on-nps-bill-policy/): CBK (Central Bank of Kenya) and National Treasury have invited public comments on the draft National Payment System Policy and National Payment System Bill, 2026, which seek to modernise Kenya’s payments framework and replace the existing Act. - [Kaspersky Identifies Malware That Evades Detection](https://businesstoday.co.ke/kaspersky-identifies-malware-that-evades-detection/): Many individual users and organisations have been targeted by cybercriminals hiding new malware in torrents for popular films, including The Odyssey. - [Court Upholds IEBC National Tallying Centre, Bars Alteration Of Constituency Results](https://businesstoday.co.ke/court-upholds-iebc-national-tallying-centre/): The High Court has upheld the legality of the Independent Electoral and Boundaries Commission’s (IEBC) National Tallying Centre, rejecting petitions by Busia Senator Okiya Omtatah, Wiper leader Kalonzo Musyoka and former Deputy President Rigathi Gachagua challenging the national verification and declaration of presidential election results. - [How to Study in Germany: Requirements, Costs and Visa Steps](https://businesstoday.co.ke/how-to-study-in-germany-requirements-costs-and-visa-steps/): Studying in Germany begins with matching your academic background and budget to a suitable course. An admission offer, a visa and university enrolment are separate stages, each with its own requirements. - [Pictorial: Co-op Bank Closes $100 Million Cross-Currency Swap Deal](https://businesstoday.co.ke/pictorial-co-op-bank-closes-100-million-cross-currency-swap-deal/): The $100 Million Cross-Currency Swap deal that will significantly enhance Co-op Bank’s ability to provide competitively priced foreign currency financing to Kenyan businesses. - [Uhuru Kenyatta: Raila Odinga won the 2022 election](https://businesstoday.co.ke/uhuru-kenyatta-says-raila-odinga-won-kenyas-2022-election/): Former President Uhuru Kenyatta has for the first time publicly cast doubt on the legitimacy of President William Ruto’s 2022 election victory, saying he remains convinced that the late opposition leader Raila Odinga won the vote. - [Nyashinski Loses Bid to Keep Tecno Deal Secret](https://businesstoday.co.ke/nyashinski-loses-bid-to-keep-tecno-deal-secret/): Kenyan musician Nyamari Ongegu, popularly known as Nyashinski, has lost a court bid to keep the terms of his multimillion-shilling endorsement deal with Tecno Mobile confidential. - [U.S., Kenya Discuss Critical Minerals Partnership as Nairobi Seeks Local Processing](https://businesstoday.co.ke/u-s-kenya-discuss-critical-minerals-partnership-as-nairobi-seeks-local-processing/): U.S. Secretary of State Marco Rubio and President William Ruto met on the sidelines of the United Nations General Assembly (UNGA) to explore opportunities for American companies to invest in Kenya’s critical minerals sector, with an emphasis on domestic value addition rather than raw-material exports. - [HELB Paid Batches 2026: What Comrades Need to Know Right Now](https://businesstoday.co.ke/helb-paid-batches-2026-what-comrades-need-to-know-right-now/): A batch number is essentially a tracking number used to group students whose funding is being processed for disbursement. - [Universities Urged To Attract Public Trust](https://businesstoday.co.ke/universities-urged-to-attract-public-trust/): Universities are facing growing scrutiny over how they govern themselves, protect academic integrity and maintain public confidence in the knowledge they produce. - [Why Smes Should Treat Insurance As An Investment In Business Growth, Not Just Protection](https://businesstoday.co.ke/why-smes-should-treat-insurance-as-an-investment-in-business-growth-not-just-protection/): Insurance, however, is often treated differently. It is seen as a cost rather than part of the investment required to build a resilient business. - [DCI Deploys Smarter Forensic Evidence System To Smoothen Service Delivery](https://businesstoday.co.ke/dci-deploys-smarter-forensic-evidence-system-to-smoothen-service-delivery/): Directorate of Criminal Investigations (DCI) has concluded Phase Two of the nationwide deployment of Multi-Biometric Identification System (MBIS), after a successful phase one roll out in July this year. - [Crypto Firm Poised To Disrupt Traditional Banking M-Pesa Style](https://businesstoday.co.ke/crypto-firm-poised-to-disrupt-traditional-banking-m-pesa-style/): A digital coin platform, Minisend will allow users and businesses to receive stablecoins such as USDC and USDT across supported blockchain networks and move those funds into familiar local financial channels during the Africa Blockchain Festival 2026 set to take place at Nairobi's Sarit Expo Centre in mid- October. - [KRA Puts Kenya Power, KCB and UN Cargo Up for Auction](https://businesstoday.co.ke/kra-auction-targets-kenya-power-kcb-un-goods/): The Kenya Revenue Authority (KRA) has listed consignments belonging to Kenya Power, KCB Bank, Lifecare Hospitals, Reckitt Benckiser and other organisations for public auction after they remained in Customs warehouses beyond the permitted period. - [Four Years Of Tea Reforms Lift Farmer Returns And Export Earnings](https://businesstoday.co.ke/four-years-of-tea-reforms-lift-farmer-returns-and-export-earnings/): Government interventions in Kenya's tea sector over the past four years have contributed to higher green-leaf payments, increased export earnings and greater investment in smallholder factories, even as farmers call for further improvements in their returns. - [Food Loss Costs Kenya Ksh72B as Farmers and Consumers Bear the Burden](https://businesstoday.co.ke/kenya-loses-sh72bn-to-food-waste/): Kenya loses approximately nine million tonnes of food every year, costing the economy an estimated Ksh 72 billion as millions of people continue to face food insecurity. - [Convenience is Fueling Airtel Money’s Growth: Report](https://businesstoday.co.ke/convenience-is-fueling-airtel-moneys-growth-report/): Airtel has increased its mobile money market share from 10.9% in quarter three of the Fiscal Year 2025/26 to 11.1% in fourth quarter, says Communications Authority of Kenya (CA). - [How to read the P/E Ratio of a listed firm](https://businesstoday.co.ke/p-e-how-investors-should-read-the-ratio/): The Price-to-Earnings (P/E) ratio measures how much investors are paying for each shilling of a company’s earnings. Formula: P/E = Share Price ÷ Earnings Per Share (EPS). For example, if a share trades at KSh 50 and earns KSh 5 per share, its P/E is 10×. This means investors are paying KSh 10 for every KSh 1 the company earns. - [Counties Urged To Speed Up Prep For October Rains](https://businesstoday.co.ke/counties-urged-to-speed-up-prep-for-october-rains/): Kenya Meteorogical Department has said the El Niño phenomenon and a positive Indian Ocean Dipole will intensify the rains across the country. - [EAC Moves to Speed up Creation of a Monetary Union](https://businesstoday.co.ke/eac-moves-to-create-a-monetary-union/): The EAC (East African Community) secretariat in Arusha, Tanzania has revived ambitions to have a Monetary Union for the region. - [Tower SACCO launches Digital Loans as it holds Golden Jubilee Celebrations](https://businesstoday.co.ke/tower-sacco-launches-digital-loans50-years/): Tower Deposit-Taking SACCO, the largest in Nyandarua County, held its 50th Anniversary celebrations having been established in 1976. During this event, the SACCO launched its first digital loan products, joining the list of SACCOS that have taken this route. - [NSE Closed in the Red last week](https://businesstoday.co.ke/nse-closed-in-the-red-last-week/): NSE (Nairobi Securities Exchange) closed in the red last week with the key NASI, N10, NSE 20 and NSE 25 Share Indices declining by 2.5%, 3.3%, 4.1% and 3.4% respectively. This is compared to a slide of 4.1%, 4%, 3.6% and 3.5% respectively the preceding week. - [CBK Proposed Capital Rules: What this Means for Bank Investors](https://businesstoday.co.ke/cbk-proposed-capital-rules-what-it-means/): CBK (Central Bank of Kenya) has proposed a framework that seeks to explicitly link dividend distributions to a bank’s capital strength. This means a bank can report record profits and still have less available to pay dividends to its shareholders. - [Kenya’s data and internet subscriptions up 6.6%](https://businesstoday.co.ke/kenyas-data-and-internet-subscriptions-up-6-6/): Fixed internet services in the country are experiencing unprecedented growth, driven by intense competition, a shifting digital economy, and aggressive infrastructure roll-outs. - [Kenya Launches National Mediation Hub to Curb Student Unrest Ahead of 2027 Polls](https://businesstoday.co.ke/kenya-launches-national-mediation-hub-to-curb-student-unrest-ahead-of-2027-polls/): Kenya has launched a National Mediation Hub aimed at promoting peace, dialogue and preventive security in learning institutions as the country prepares for the 2027 General Election. - [KRA Announces Deadline for Bonded Warehouse Licence Renewal](https://businesstoday.co.ke/bonded-warehouses-face-kra-deadline/): In a notice issued on Monday, September 21, KRA said the current licences will expire on December 31, 2026. The authority asked businesses to begin the renewal process early and submit the required documents through the Customs Integrated Customs Management System (iCMS). - [Ruto Defends Competency Based Education](https://businesstoday.co.ke/ruto-defends-competency-based-education/): President William Ruto has come out strongly to defend Competency Based Education (CBE) even as stakeholders say there is need for clarity interms of transition. - [The Patient Experience, Served on a Tray](https://businesstoday.co.ke/the-patient-experience-served-on-a-tray/): It was 3 p.m. when he walked up to the Customer Care desk. I instinctively prepared myself for what I assumed would be another complaint, query or one of those wonderfully unpredictable questions that come with working at a hospital’s front office. But this one caught me completely off guard. - [Kenya’s Credit Market: 5 Things Businesses Should Consider Before Taking a Loan](https://businesstoday.co.ke/things-smes-should-know-before-taking-a-loan/): The interest rate is often the first number a business owner notices when applying for a loan, but it is not the entire cost of borrowing. Processing fees, insurance, account charges and the repayment period can all affect the amount a business eventually pays. - [Men Posing as Police Officers Rob Chinese Nationals of Ksh3.9M in Nyamira](https://businesstoday.co.ke/chinese-nationals-lose-sh3-9m-in-nyamira/): A group of men posing as police officers stopped a vehicle carrying two Chinese nationals and their Kenyan driver before making off with Ksh 3.9 million in cash and other valuables in Nyamira County. - [E-commerce Boosts PCK Parcel Deliveries Despite Annual Decline](https://businesstoday.co.ke/pck-parcel-deliveries-jump-549pc/): The Postal Corporation of Kenya (PCK) has recorded a sharp increase in domestic parcel deliveries between April and June 2026, as more Express Mail Service (EMS) items and e-commerce shipments moved through its network. - [Government Reveals 4 Companies and 6 Banks In G-to-G Fuel Import Deal](https://businesstoday.co.ke/government-reveals-4-companies-and-6-banks-in-g-to-g-fuel-import-deal/): The government has defended its government-to-government (G-to-G) arrangement for importing refined petroleum products, saying the deal was introduced to address a severe shortage of US dollars that threatened fuel supplies and wider economic stability in 2022. - [From Darkness To Light: Electricity Transforms Rural Kenya](https://businesstoday.co.ke/from-darkness-to-light-electricity-transforms-rural-kenya/): Grid connections are opening new opportunities for households, businesses and public institutions in villages across Kericho, Nandi, Busia and Kwale. - [REVIEW: Lupita Nyong’o Turns Domestic Violence Into a Study in Survival](https://businesstoday.co.ke/review-lupita-nyongo-turns-domestic-violence-into-a-study-in-survival/): Lupita Nyong’o has never been an actor who simply occupies a stage. She changes its temperature. - [More Than 270,000 Newborns Registered Through Kenya’s e-birth Notification System](https://businesstoday.co.ke/more-than-270000-newborns-registered-through-kenyas-e-birth-notification-system/): More than 270,000 newborns have been registered through Kenya’s electronic birth notification system, as the government moves to link hospitals directly with civil registration services and assign children lifelong unique personal identifiers. - [Nyege Nyege Returns to the Nile for 11th Edition With a Wakaliwood Twist](https://businesstoday.co.ke/nyege-nyege-returns-to-the-nile-for-11th-edition-with-a-wakaliwood-twist/): Nyege Nyege is going back to the Nile — and this time, everyone’s getting a role. - [Safaricom Plc Fixed-Internet Subscribers hit past 1 Million](https://businesstoday.co.ke/safaricom-fixed-internet-subscriptions-hit-1m/): Safaricom Plc, a dominant player in the telecoms and fintech space, has become the first Kenyan Internet Service Provider(ISP) to have over a million subscriber. Available data shows that Safaricom internet subscribers reached 1.025 million in June 2026 and lifting its market share to 36.1%. - [US, UK-Backed Hotline Empowers Kenyans to Fight Terrorism](https://businesstoday.co.ke/us-uk-backed-hotline-empowers-kenyans-to-fight-terrorism/): Kenyans can now play a clear role in the fight against counter-terrorism thanks to a hotline and online reporting portal that will provide the public with secure and anonymous channels to report suspicious activity and information relating to terrorism. - [World Bank Mobilises Ksh14.5T in Private Capital as Kenya Faces Jobs Challenge](https://businesstoday.co.ke/world-bank-raises-sh14-5-trillion-for-jobs/): The World Bank Group has recorded a sharp increase in private capital directed towards developing economies, raising approximately Ksh 14.51 trillion in the financial year ended June 2026 as it seeks to support businesses and employment. - [ CBK Raises KSh50.2Billion for Budgetary Support in Second September Treasury Bonds Auction](https://businesstoday.co.ke/cbk-raises-ksh-50-2bn-for-budgetary-support/): CBK (Central Bank of Kenya) received bids worth KSh81.41 billion at the second Treasury Bonds Auction conducted within a fortnight, in the month of September. The CBK was targeting to raise KSh60 billion for Budgetary support in this second auction. - [Three African Wild Dogs Clocked A Staggering 4,000 Km In Search Of Mates](https://businesstoday.co.ke/three-african-wild-dogs-clocked-a-staggering-4000-km-in-search-of-mates/): Across Eastern and Southern Africa, endangered wild dogs are still capable of making long journeys between distant ecosystems, according to research published by Ecology journal in mid-September. - [EBRD and Co-operative Bank of Kenya Sign Currency Swap Agreement](https://businesstoday.co.ke/ebrd-and-co-op-bank-sign-currency-swap-deal/): EBRD (European Bank for Reconstruction and Development) has concluded a US$ 50 Million cross- currency swap agreement with the Cooperative Bank of Kenya that will enable the Kenyan lender to access financing denominated in Kenya Shillings. - [New Tobacco Law to regulate Electronic Cigarettes to Undergo Public Scrutiny](https://businesstoday.co.ke/new-tobacco-law-to-undergo-public-scrutiny/): The Tobacco Control(Amendment) Bill that seeks to regulate use of electronic cigarettes will undergo public scrutiny and debate following a decision by Parliament, through the Departmental Committee on Health, resolution to hold public hearings on the Bill. - [Kenya Power Full-Year 2026 Results: Breaking down the numbers](https://businesstoday.co.ke/kenya-power-earnings-for-2025-6-a-breakdown/): Kenya Power delivered another successful year, with Net Profit rising by KSh 522 Million to KSh 24.9 Billion, a headline 2.1% growth. When trading ended at the Nairobi Securities Exchange this Friday 18th September 2026, Kenya Power  share prices were up 4.12% at KSh 22.75. This is as investors priced in the impressive 2026 financial results, bringing the counter's year-to-date performance to 67.65%. - [CBK Accepts KSh 42.7 billion in the Weekly Treasury Bills Auction](https://businesstoday.co.ke/cbk-accepts-ksh-42-7-bn-at-weekly-t-bills-sale/): CBK (Central Bank of Kenya) Accepted KSh42.6Billion out of KSh42.7Billion that investors had poured in bids at the weekly Treasury Bills Auction. This is an indication of the Government’s growing appetite for cash from the domestic money market to service its debt obligations that are falling due as well as finance its short-term liquidity requirements. - [SBM Bank, Fusion Estates Sign Deal Unlocking Up To 90% Mortgage Financing](https://businesstoday.co.ke/sbm-bank-fusion-estates-sign-deal-unlocking-up-to-90-mortgage-financing/): SBM Bank Kenya and Fusion Estates, the real estate arm of Fusion Group, have signed a Memorandum of Understanding (MoU) to facilitate mortgage financing of up to 90% for homebuyers. - [Simba Coach Bus Caught Up Smuggled Goods Scandal](https://businesstoday.co.ke/simba-coach-bus-caught-up-smuggled-goods-scandal/): The intelligence indicated that the suspect was using a passenger bus named Simba Coach as cover to transport excisable products sourced from Uganda. - [Kenya Power Profit Rises to Ksh24.99B as Electricity Sales Grow 12%](https://businesstoday.co.ke/kenya-power-profit-rises-to-ksh24-99b/): Kenya Power recorded a Ksh 24.99 billion profit after tax for the financial year ended June 30, 2026, following higher electricity sales, customer growth and lower finance costs. - [Wave Of Startup Failures Cast Deep Financial Gloom Across Kenya](https://businesstoday.co.ke/wave-of-startup-failures-cast-deep-financial-gloom-across-kenya/): Startups failing and collapsing after a few years of operations is a familiar script today, but the growing trend is now raising more questions than answers. - [2 Dead After Aircraft Crashes During Training Flight in Kajiado](https://businesstoday.co.ke/2-dead-after-aircraft-crashes-in-kajiado/): A flight training exercise ended in tragedy on Friday, September 18, 2026, after a small aircraft crashed in Kipeto, Kajiado County, killing a student pilot and an instructor. - [Who Says You Need a European Name to Be a Follower of Christ?](https://businesstoday.co.ke/who-says-you-need-a-european-name-to-be-a-follower-of-christ/): When a people lose their names, they lose more than words. They begin to lose memory, and when memory fades, identity begins to fade with it. - [How a Marketer Built Zuri Travels from the Ground Up](https://businesstoday.co.ke/how-a-marketer-built-zuri-travels-from-the-ground-up/): Many years ago when Agness Njau worked for a hotel chain, Heritage Hotels, as a receptionist, little did she know that one day she would be an entrepreneur. - [Ruto Urges Banks to Cut Lending Rates as Borrowing Costs Remain High](https://businesstoday.co.ke/ruto-urges-banks-to-cut-lending-rates/): President William Ruto has asked commercial banks to bring down lending costs, saying the country's economic recovery should create better financing opportunities for businesses, farmers and young entrepreneurs. - [IG Kanja Faces Sentencing Over Nairobi Roadblocks](https://businesstoday.co.ke/ig-kanja-faces-sentencing-over-nairobi-roadblocks/): Inspector General (IG) of the National Police Service Douglas Kanja is facing contemp of court over failure by police to comply with orders requiring advance public notice before erecting roadblocks and barricades. - [Kenya Pushes for Clear Food Warning Labels to Protect Public Health](https://businesstoday.co.ke/kenya-pushes-for-clear-food-warning-labels-to-protect-public-health/): Kenya is stepping up efforts to introduce mandatory front-of-pack warning labels on packaged foods, in a move aimed at helping consumers make healthier choices and curb the rise of non-communicable diseases (NCDs). - [Insurer Earns New Quality Certification](https://businesstoday.co.ke/insurer-earns-new-quality-certification/): With regulators across East Africa enforcing stricter compliance standards, led by the IRA’s Risk-Based Capital framework, Market Conduct Guidelines, and the Office of the Data Protection Commissioner’s sector-specific guidelines, insurance firms are racing against time to audit their workflows. - [Safaricom Reviewing the Court Judgement on Vodacom transaction](https://businesstoday.co.ke/safaricom-reviewing-court-judgement-on-vodacom-deal/): Safaricom Plc has said that it takes note of the High Court of Kenya’s judgment on 15th September 2026 regarding the Government of Kenya’s divestiture of 15% of its shareholding in Safaricom to Vodafone Kenya Limited and effectively Vodacom Group Limited in which the Court has ruled against the divestiture. - [Amason Group to Construct 10 Hospitals in Kenya](https://businesstoday.co.ke/amason-group-to-construct-10-hospitals/): Amason Group has undertaken the ground-breaking of the first of 10 mother and child level 4 hospitals in Bomet County, with a grant worth KSh 4.5 billion for the Mama na Mtoto Kwanza initiative. This is a major boost for Kenya’s maternal health promotion efforts. - [NSE Hits a Bear Run. Understanding the Cycle](https://businesstoday.co.ke/nse-hits-a-bear-run-understanding-the-cycle/): The NSE (Nairobi Securities Exchange) lost KSh 139.63 Billion in market capitalization this Wednesday, the largest single-day loss on record. - [Oil Marketing Firm Unveils Fuel Pumps For Boda Boda and Tuk-Tuk](https://businesstoday.co.ke/oil-marketing-firm-unveils-fuel-pumps-for-boda-boda-and-tuk-tuk/): Rubis Energy Kenya has launched a Boda Boda program in a strategic move to support Kenya’s vibrant transport sector. 'Boda Baze' gives boda boda and tuk-tuk operators dedicated fuel pumps at 67 stations nationally. - [Mbadi Sets Date for PAYE Review Targeting Low-Income Workers](https://businesstoday.co.ke/mbadi-sets-date-for-paye-review/): Kenya's low-income workers will have to wait until October for the start of proposed changes to Pay As You Earn (PAYE), after National Treasury Cabinet Secretary John Mbadi announced a new timeline for the review. - [East Africa CEOs Make a Strong Case for Regional Integration](https://businesstoday.co.ke/east-africa-ceos-make-a-strong-case-for-regional-integration/): Senior government officials, business leaders, investors, development finance institutions and international partners at the inaugural East Africa CEO & Investment Forum 2026 in Nairobi have called for faster implementation of regional integration commitments to translate East Africa’s economic potential into investment, trade and jobs. - [No ‘Goons’ At Raila Odinga’s Anniversary](https://businesstoday.co.ke/no-goons-at-raila-odingas-anniversary/): Organisers of celebrations to honour the late former Prime Minister Raila Odinga led by Committee chairperson Prof. Adams Oloo are calling for attendance of everyone. - [KCB, KTB and Rubis Deal To Boost Inclusive Tourism](https://businesstoday.co.ke/kcb-ktb-and-rubis-deal-to-boost-inclusive-tourism/): The KCB, RUBiS Energy and Kenya Tourism Board "Kenya Beyond Sight" campaign is being positioned to advance inclusive tourism. - [ODM And UDA Have Agreed On 50-50 Sharing Of Government, Arati Says](https://businesstoday.co.ke/odm-uda-agree-on-50-50-sharing-of-government-arati-says/): President William Ruto, Kisii Governor Simba Arati and Treasury Cabinet Secretary John Mbadi have renewed calls for closer cooperation between the United Democratic Alliance (UDA) and the Orange Democratic Movement (ODM), saying the broad-based government should remain united ahead of the 2027 General Election. - [Police, DCI Arrest Four Suspects Over Transformer Vandalism In Kitui](https://businesstoday.co.ke/police-dci-arrest-four-suspects-over-transformer-vandalism-in-kitui/): Four suspects arrested in Kitui town on suspicion of transformer vandalism have been booked at Kitui Police Station, and their vehicle impounded. - [State Announces Ksh1.4B Plan to Boost Milk Supply in Kenya](https://businesstoday.co.ke/state-unveils-ksh1-4b-milk-plan/): Agriculture Cabinet Secretary Mutahi Kagwe has announced a Ksh 1.428 billion investment in milk-cooling equipment as the Government seeks to support dairy farmers and improve milk supplies nationwide. - [KRA Announces Penalty Waiver for Taxpayers Hit by iTax Downtime](https://businesstoday.co.ke/kra-waives-penalties-after-itax-downtime/): The Kenya Revenue Authority (KRA) has announced that taxpayers affected by intermittent downtime on the iTax portal will not be required to shoulder penalties and interest caused by the system failure during September 2026. ## Pages - [Latest Business Today News](https://businesstoday.co.ke/business-today-news/): Discover the most recent stories shaping Kenya, from business developments and economic trends to cultural events and social issues. 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