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Kenya Eyes Export Boom to China Ahead of Tax Waiver

Kenya is anticipating a significant boost in agricultural exports to China following the implementation of a zero-tariff policy on May 1st, which is expected to unlock new market access and increase trade volumes for a range of Kenyan products. Separately, Autopax has launched the locally assembled Cheche e-motorcycle in Nairobi, featuring a battery-swapping system designed for commercial riders. Meanwhile, the High Court in Nairobi has cleared the sale of a majority stake in East African Breweries PLC to Japan's Asahi Group Holdings, dismissing a bid to halt the transaction.

Kenya eyes export boom to China ahead of tax waiver

Kenya eyes export boom to China ahead of tax waiver

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Capital Business•5h ago
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Autopax unveils locally assembled Cheche e-motorcycle with battery swap
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Autopax unveils locally assembled Cheche e-motorcycle with battery swap

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Court clears EABL–Asahi deal after dismissing bid to stop sale

Court clears EABL–Asahi deal after dismissing bid to stop sale

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Centum buyback 10.8mn shares, misses 10pc target amid caution
business3h ago

Centum buyback 10.8mn shares, misses 10pc target amid caution

Centum Investment Company has completed its multi-year share buyback programme, repurchasing 10.8 million shares but falling significantly short of its original target.

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PAC faults top offices over ethnic imbalance in staffing
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business1h ago

PAC faults top offices over ethnic imbalance in staffing

The National Assembly’s Public Accounts Committee has expressed significant concerns regarding ethnic imbalance in senior government staffing, calling for strict adherence to diversity laws.

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This coat cost $248 in illegal tariffs. Will he ever get the money back?
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business1h ago

This coat cost $248 in illegal tariffs. Will he ever get the money back?

The US Supreme Court has invalidated numerous tariffs imposed by former President Donald Trump, leading to a potential $160 billion refund program for importers. However, many consumers and small businesses who indirectly bore these costs fear they won't see any of the money back.

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Autopax unveils locally assembled Cheche e-motorcycle with battery swap
New
business1h ago

Autopax unveils locally assembled Cheche e-motorcycle with battery swap

Autopax has launched the locally assembled Cheche e-motorcycle in Nairobi, Kenya, featuring a battery-swapping system designed for commercial riders.

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Petrol and diesel prices rise again as concerns grow over ceasefire
business14h ago

Petrol and diesel prices rise again as concerns grow over ceasefire

Petrol and diesel prices are on the rise again, despite a ceasefire agreement between the US and Iran, due to ongoing concerns about its durability and its impact on oil supplies.

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Kenya eyes export boom to China ahead of tax waiver
business5h ago

Kenya eyes export boom to China ahead of tax waiver

Kenya is anticipating a significant boost in agricultural exports to China following the implementation of a zero-tariff policy on May 1st. This policy is expected to unlock new market access and increase trade volumes for a range of Kenyan products.

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Capital Business
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White House staff told not to place bets on prediction markets
business5h ago

White House staff told not to place bets on prediction markets

White House staff were recently warned against using insider information to place bets on prediction markets, following press reports raising concerns about potential misuse of non-public information.

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Bad fuel: How excess sulphur and manganese damage engines
business15h ago

Bad fuel: How excess sulphur and manganese damage engines

Kenya is facing a significant fuel scandal involving the importation of substandard petrol containing excessive sulphur and manganese. These contaminants can severely damage vehicle engines and emission control systems.

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Court clears EABL–Asahi deal after dismissing bid to stop sale
business14h ago

Court clears EABL–Asahi deal after dismissing bid to stop sale

The High Court in Nairobi has cleared the sale of a majority stake in East African Breweries PLC (EABL) to Japan’s Asahi Group Holdings, dismissing a bid to halt the transaction.

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Kenya’s Digital Payments Growth Hindered by Trust, Infrastructure Gaps – Visa
business23h ago

Kenya’s Digital Payments Growth Hindered by Trust, Infrastructure Gaps – Visa

Visa has identified persistent trust and infrastructure gaps as significant hindrances to Kenya's digital payments sector growth, despite its rapid expansion over the past decade.

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Japan considers additional 20 days’ worth of oil release
business23h ago

Japan considers additional 20 days’ worth of oil release

Japan is considering releasing an additional 20 days' worth of oil from its reserves in May due to ongoing concerns about safe passage through the Strait of Hormuz.

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Nigeria’s Zenith Bank acquires Paramount Bank in CBK-approved deal
business22h ago

Nigeria’s Zenith Bank acquires Paramount Bank in CBK-approved deal

Nigeria's Zenith Bank Plc has successfully acquired 100 percent shareholding in Paramount Bank Limited, following necessary regulatory approvals.

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CBK flags debt payments, slower inflows in forex reserve decline
business20h ago

CBK flags debt payments, slower inflows in forex reserve decline

Kenya's foreign exchange reserves have recently declined, primarily due to external debt payments and slower remittance inflows, according to the Central Bank of Kenya (CBK).

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How pets are quietly shaping Kenya’s wellness economy
business20h ago

How pets are quietly shaping Kenya’s wellness economy

In Kenya, businesses like PetStore Kenya are tapping into the growing intersection of pet care and mental well-being as urban lifestyles become more demanding.

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EPRA warns oil marketers of fines, license revocation over hoarding
business1d ago

EPRA warns oil marketers of fines, license revocation over hoarding

The Energy and Petroleum Regulatory Authority (EPRA) is threatening severe penalties, including hefty fines and license revocation, against oil marketing companies accused of hoarding fuel and overcharging customers.

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Disney to cut up to 1,000 jobs: WSJ report
business1d ago

Disney to cut up to 1,000 jobs: WSJ report

The Walt Disney Company is reportedly planning to eliminate up to 1,000 jobs in the coming weeks. These cuts represent one of the first major moves under its new CEO, Josh D’Amaro.

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CBK holds rate at 8.75pc amid Middle East conflict risks
business1d ago

CBK holds rate at 8.75pc amid Middle East conflict risks

The Central Bank of Kenya (CBK) has maintained its benchmark interest rate at 8.75 percent. This decision comes amidst escalating global risks, particularly those stemming from the ongoing conflict in the Middle East.

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Kakamega leads in bribery cases with Sh79,305 average – survey
business1d ago

Kakamega leads in bribery cases with Sh79,305 average – survey

A new survey reveals that Kakamega County recorded the highest average bribe in Kenya at Sh79,305, highlighting significant regional disparities in corruption.

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Wattanga nominated envoy to South Africa after KRA exit
business1d ago

Wattanga nominated envoy to South Africa after KRA exit

Former Kenya Revenue Authority (KRA) Commissioner General Humphrey Wattanga has been nominated as Kenya’s High Commissioner to South Africa following his exit from the tax authority. This appointment is part of a series of diplomatic nominations announced by President William Ruto.

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World Bank downgrades sub-Saharan Africa growth projection amid geopolitical risks
business1d ago

World Bank downgrades sub-Saharan Africa growth projection amid geopolitical risks

The World Bank has downgraded its 2026 economic growth projection for sub-Saharan Africa by 0.3 percentage points, citing increasing geopolitical risks and global shocks.

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How Rwanda’s Youth Are Powering Africa’s Agrifood Economy
business1d ago

How Rwanda’s Youth Are Powering Africa’s Agrifood Economy

Young Africans, particularly in Rwanda, are increasingly driving the continent's agrifood transformation, turning agribusiness into a significant economic opportunity despite limited formal job creation.

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Eric Omondi tops Kenya influencers with Sh57mn earnings
business1d ago

Eric Omondi tops Kenya influencers with Sh57mn earnings

Comedian Eric Omondi has been ranked as Kenya's highest-earning social media influencer, raking in an estimated Sh57 million in 2025, according to a new report.

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Goods worth $800,000 stolen from Tokyo second-hand luxury store
business1d ago

Goods worth $800,000 stolen from Tokyo second-hand luxury store

The break-in took place at around 3:10 a.m. local time at a shop in Shibuya Ward with no injuries reported. About 80 bags, two watches, and five accessories were taken, Kyodo News reported, citing local police. Kenya breaking news | Kenya news today |

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Tribunal shields charities’ investment cash from tax
business1d ago

Tribunal shields charities’ investment cash from tax

The Tax Appeals Tribunal has ruled in favour of the Premchandbhi Foundation, a charity group, setting aside KSh24.3 million in withholding tax and KSh72.6 million in capital gains tax demanded by the Kenya Revenue Authority (KRA).

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MPs summons CS Wandayi amid calls for his removal over fuel scandal
business1d ago

MPs summons CS Wandayi amid calls for his removal over fuel scandal

Kenyan Members of Parliament have summoned Cabinet Secretary Amina Wandayi to appear before a parliamentary committee on Thursday, April 9, 2026, amid a deepening fuel importation scandal and calls for his removal.

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Siaya locals move to halt Ramula-Mwibona gold mining project
business1d ago

Siaya locals move to halt Ramula-Mwibona gold mining project

Residents of Siaya County are legally challenging the proposed Ramula-Mwibona gold mining and processing project in Siaya and Vihiga County, demanding an immediate halt to related public participation processes.

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Greece to ban social media access for children under 15 from 2027
business1d ago

Greece to ban social media access for children under 15 from 2027

Greece will implement a ban on social media access for children under 15 years old, effective January 1, 2027.

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KRA names Lilian Nyawanda acting boss as Humphrey Wattanga exits
business1d ago

KRA names Lilian Nyawanda acting boss as Humphrey Wattanga exits

The Kenya Revenue Authority (KRA) has appointed Lilian Nyawanda as its Acting Commissioner General, succeeding Humphrey Wattanga who is proceeding on terminal leave. The KRA Board decided not to renew Wattanga's contract.

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KRA boss Wattanga ousted
business1d ago

KRA boss Wattanga ousted

Humphrey Wattanga has been ousted as Commissioner-General of the Kenya Revenue Authority (KRA), just four months before his term was set to end. The tax agency announced Wattanga will go on terminal leave immediately.

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Egyptian healthcare provider Alameda enters Kenya
business2d ago

Egyptian healthcare provider Alameda enters Kenya

Alameda Healthcare Group, an Egyptian medical provider, has officially launched its operations in Kenya with a new specialised medical facility in Nairobi.

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