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HomeDaily NewsThursday, September 10, 2026US Tech Giants Flag Kenya Investment Risks - September 2026
Business & Economy4 stories from 2 sources

US Tech Giants Flag Kenya Investment Risks - September 2026

US technology companies are voicing concerns that Kenya's unpredictable tax and regulatory environment could hinder future investment, with President Ruto actively seeking to boost foreign capital in the tech sector. Additionally, the IEBC KIEMS tender is back in court as an applicant challenges three mandatory technical requirements that were upheld by the Public Procurement Administrative Review Board. Moreover, four Kenyan banks including KCB Group, Equity Group, Co-operative Bank of Kenya, and Stanbic Holdings have been recognized by Forbes among the world's top-performing lenders. At the same time, Supa Loaf, Mount Kenya, and Royco have been identified as the most-chosen fast-moving consumer goods brands in Kenya for 2025 according to the Brand Footprint 2026 ranking.

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Wednesday 11:12 PMNation BusinessFirst

US tech giants flag Kenya investment risks

US tech giants flag Kenya investment risks

US technology companies are voicing concerns that Kenya's unpredictable tax and regulatory environment could hinder future investment. This warning comes as President Ruto actively seeks to boost foreign capital in the tech sector.

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Key Highlights

US technology companies are voicing concerns that Kenya's unpredictable tax and regulatory environment could hinder future investment. This warning comes as President Ruto actively seeks to boost foreign capital in the tech sector.

  • Key players flagging these risks include major companies like Google, Uber, American Tower Corporation, and Mastercard.
  • The concerns were highlighted at the American Chamber of Commerce (AmCham) Business Summit 2026 in Nairobi on Wednesday.
  • The core issue is the need for policy certainty to encourage both new investment and the expansion of existing operations in Kenya.
Thursday 8:22 AMCapital Business

Supa Loaf, Royco top fast-moving consumer goods brands in Kenya

Supa Loaf, Royco top fast-moving consumer goods brands in Kenya

Supa Loaf, Mount Kenya, and Royco have been identified as the most-chosen fast-moving consumer goods (FMCG) brands in Kenya for 2025, according to the Brand Footprint 2026 ranking by Worldpanel by Numerator.

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Key Highlights

Supa Loaf, Mount Kenya, and Royco have been identified as the most-chosen fast-moving consumer goods (FMCG) brands in Kenya for 2025, according to the Brand Footprint 2026 ranking by Worldpanel by Numerator.

  • Supa Loaf led the pack with 191 million Consumer Reach Points (CRPs).
  • The report highlights that local and regional brands constituted 80% of the top 30 most-chosen FMCG brands.
  • Overall consumer spending on FMCG products saw a significant increase of 17.9% in 2025, with a 2.9% rise in the number of households purchasing FMCG products.
Thursday 2:31 PMCapital Business

Forbes: KCB, Equity, Co-op Bank and Stanbic among top global lenders

Forbes: KCB, Equity, Co-op Bank and Stanbic among top global lenders

Four Kenyan banks, KCB Group, Equity Group, Co-operative Bank of Kenya, and Stanbic Holdings, have been recognized by Forbes among the world's top-performing lenders.

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Key Highlights

Four Kenyan banks, KCB Group, Equity Group, Co-operative Bank of Kenya, and Stanbic Holdings, have been recognized by Forbes among the world's top-performing lenders.

  • The ranking evaluated banks based on profitability, growth, capital resilience, and asset quality.
  • These institutions qualified by meeting criteria including more than $3 billion in assets and providing at least three consecutive years of financial data.
  • The accolade comes as Kenyan banks report strong financial performances, with Equity Group seeing a 32% profit increase and Co-operative Bank of Kenya a 28% increase in the first half of 2026.
Thursday 3:11 PMCapital Business

IEBC KIEMS tender back in court over three requirements

IEBC KIEMS tender back in court over three requirements

The IEBC KIEMS tender is back in court as an applicant challenges three mandatory technical requirements that were upheld by the Public Procurement Administrative Review Board (PPARB).

Read Story

Key Highlights

The IEBC KIEMS tender is back in court as an applicant challenges three mandatory technical requirements that were upheld by the Public Procurement Administrative Review Board (PPARB).

  • The applicant seeks to quash the PPARB's decision regarding requirements for similar experience, financial capacity, and financial capability.
  • The key organizations involved are the Independent Electoral and Boundaries Commission (IEBC) and the applicant.
  • This legal challenge follows a previous ruling where the IEBC was ordered to rectify another KIEMS tender due to material deficiencies.
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