Mass Layoffs as Govt Announces Looming Shutdown of Nearly 300 Companies

The Registrar of Companies in Kenya, Damaris Lukwo, has announced plans to shut down nearly 300 companies within the next three months. This action, affecting various key sectors, could put thousands of jobs at risk.

Govt Announces Plans to Shut Down Over 100 Companies

The Registrar of Companies in Kenya has struck off over 100 companies from the national register with immediate effect, while hundreds more face potential dissolution within three months if they fail to show cause. This move is part of an ongoing cleanup targeting dormant, non-compliant, or defunct firms.

Kenyans Given 2-Week Ultimatum as Multi-Billion Company Shuts Down

Koko Networks, a leading clean-cooking and bioethanol company, has announced its exit from the Kenyan market, giving those owed money a 14-day deadline to file claims. Joint administrators were appointed on February 1, 2026, to take control of the company's assets.

Cabinet releases Sh4.1bn as 3.3m Kenyans face starvation

The Kenyan Cabinet has approved the release of Sh4.1 billion to bolster drought response efforts as 3.3 million Kenyans face acute food insecurity, a number projected to rise to 3.6 million by June 2026 without immediate intervention.

Met department warns of low rains in ASALs as over 2 million Kenyans face hunger