The Online Kenyan Logo

The Online Kenyan

Business & Economy

Featured News Stories

KCB Loses John Okulo to Sidian Bank, Names Replacement

Sidian Bank has appointed John Okulo as its new Managing Director and Chief Executive Officer, effective May 1, 2026, recruiting him from KCB Bank Kenya where he was Director of Corporate Banking. KCB has responded by appointing Peter Kipkorir Ng'eno as its new Director of Corporate Banking to replace Okulo, with the appointment effective March 27, 2026 and subject to regulatory approval. At the same time, KCB Bank Kenya secured Sh12.5 billion from the Green Climate Fund to support green projects for Micro, Small and Medium Enterprises and farmers.

Sidian Bank poaches John Okulo from KCB for MD, CEO post

Sidian Bank poaches John Okulo from KCB for MD, CEO post

C
Capital Business•10h ago
📰 Read Full Story
KCB names Peter Ng’eno new Corporate Banking Director

KCB names Peter Ng’eno new Corporate Banking Director

C
Capital Business•8h ago
📰 Read Full Story
KCB secures Sh12.5bn for SMEs-linked green financing

KCB secures Sh12.5bn for SMEs-linked green financing

C
Capital Business•8h ago
📰 Read Full Story
Read full coverage →
Advertisement

Latest Stories

CA gets nod to revoke Standard Group licences over Sh48.9mn arrears
New
business1h ago

CA gets nod to revoke Standard Group licences over Sh48.9mn arrears

The Communications and Multimedia Appeals Tribunal has ruled in favour of the Communications Authority of Kenya (CA), allowing the revocation of six broadcasting licences held by Standard Media Group PLC due to outstanding fees. The tribunal dismissed the media house's appeal, affirming the CA's planned action.

C
Capital Business
📰 Read Full Story
Agilitee set to complete reverse merger with U.S. firm in April
New
business1h ago

Agilitee set to complete reverse merger with U.S. firm in April

Kenyan electric mobility and renewable energy firm Agilitee is set to complete a significant reverse merger with a U.S.-listed company on April 13, 2026, to expand its global presence.

C
Capital Business
📰 Read Full Story
NSE profits more than double on bigger trade
business4h ago

NSE profits more than double on bigger trade

The Nairobi Securities Exchange (NSE) significantly increased its net profit, more than doubling it to Sh272.3 million in the past year, driven by a surge in trading activity.

N
Nation Business
📰 Read Full Story
Kenya Railways to launch parcel delivery on SGR
business6h ago

Kenya Railways to launch parcel delivery on SGR

Kenya Railways is set to launch a same-day parcel delivery service along the Nairobi and Mombasa corridor using the Standard Gauge Railway (SGR).

C
Capital Business
📰 Read Full Story
U.S. aviation officials investigate helicopter, passenger plane incident in California
business6h ago

U.S. aviation officials investigate helicopter, passenger plane incident in California

The Federal Aviation Administration (FAA) is investigating a near-miss incident involving a U.S. Army National Guard helicopter and a passenger jet approaching John Wayne Airport in California.

C
Capital Business
📰 Read Full Story
High Court freezes KUSCCO assets amid legal battles
business5h ago

High Court freezes KUSCCO assets amid legal battles

The High Court has issued conservatory orders freezing assets of KUSCCO amid a legal battle with RUPSA Regulated NWDT SACCO Society Limited over alleged unpaid deposits totaling Sh108.8 million.

C
Capital Business
📰 Read Full Story
AFA lifts avocado harvesting ban amid maturity
business4h ago

AFA lifts avocado harvesting ban amid maturity

The Agriculture and Food Authority (AFA) has lifted the ban on avocado harvesting, citing improved fruit maturity across major growing regions. This decision will allow avocado exports to resume by sea starting April 2, 2026.

C
Capital Business
📰 Read Full Story
NTSA withdraws instant fines system after court setback
business4h ago

NTSA withdraws instant fines system after court setback

The National Transport and Safety Authority (NTSA) has withdrawn its instant fines system after facing public opposition and a court suspension.

C
Capital Business
📰 Read Full Story
Sidian Bank poaches John Okulo from KCB for MD, CEO post
business10h ago

Sidian Bank poaches John Okulo from KCB for MD, CEO post

Sidian Bank has appointed John Okulo as its new Managing Director and Chief Executive Officer, effective May 1, 2026. Okulo joins from KCB Bank Kenya, where he was the Director of Corporate Banking.

C
Capital Business
📰 Read Full Story
KCB secures Sh12.5bn for SMEs-linked green financing
business8h ago

KCB secures Sh12.5bn for SMEs-linked green financing

KCB Bank Kenya has secured Sh12.5 billion from the Green Climate Fund (GCF) to support green projects for Micro, Small and Medium Enterprises (MSMEs) and farmers.

C
Capital Business
📰 Read Full Story
KCB names Peter Ng’eno new Corporate Banking Director
business8h ago

KCB names Peter Ng’eno new Corporate Banking Director

KCB Bank Kenya has appointed Peter Kipkorir Ng’eno as its new Director of Corporate Banking, effective March 27, 2026. This appointment follows the departure of John Okulo and is subject to regulatory approval.

C
Capital Business
📰 Read Full Story
Trump’s signature to appear on US dollars in first for sitting president
business7h ago

Trump’s signature to appear on US dollars in first for sitting president

US President Donald Trump is set to be the first sitting president to have his signature appear on US banknotes, according to an announcement from the Treasury Department.

C
Capital Business
📰 Read Full Story
KWS dismisses claims of forest destruction at Nairobi National Park
business7h ago

KWS dismisses claims of forest destruction at Nairobi National Park

The Kenya Wildlife Service (KWS) has refuted claims of forest destruction at Nairobi National Park, asserting that ongoing development is for the lawful relocation and upgrade of the Nairobi Animal Orphanage.

C
Capital Business
📰 Read Full Story
Kenya flower exporters lose Sh623.5mn over Middle East conflict
business13h ago

Kenya flower exporters lose Sh623.5mn over Middle East conflict

Clement Tulezi, chief executive officer of Kenya Flower Council, said in a statement released in Kenya's capital, Nairobi, that the losses arise from disrupted global air cargo routes that have seen freight costs rise and shipments delayed. Kenya breaking news | Kenya news today

C
Capital Business
📰 Read Full Story
Elon Musk’s X advertising boycott lawsuit dismissed by US judge
business13h ago

Elon Musk’s X advertising boycott lawsuit dismissed by US judge

Its parent company X Corp alleged in 2024 that firms including food giants Unilever and Mars, renewable energy firm Orsted and the World Federation of Advertisers had conspired to deprive it of "billions of dollars" in advertising revenue. Kenya breaking news | Kenya news today |

C
Capital Business
📰 Read Full Story
NSE profit jumps 134pc to Sh272.2mn
business11h ago

NSE profit jumps 134pc to Sh272.2mn

The bourse attributed the growth to increased trading activity across both equities and fixed-income markets. Kenya breaking news | Kenya news today |

C
Capital Business
📰 Read Full Story
The spiky cactus fruit giving Indian farmers a cash boost
business11h ago

The spiky cactus fruit giving Indian farmers a cash boost

Dragon fruit is a climbing cactus, making it an unusual fruit to cultivate. Usually it is grown on concrete pillars with a circular ring (sometimes a tyre) at the top for the vines to hang over. Kenya breaking news | Kenya news today |

C
Capital Business
📰 Read Full Story
How the 1970s oil crisis played out, and lessons for today
business13h ago

How the 1970s oil crisis played out, and lessons for today

The size of a supply shock is only one piece of the puzzle.

N
Nation Business
📰 Read Full Story
Will private sector-led dual training end Africa’s job crisis?
business1d ago

Will private sector-led dual training end Africa’s job crisis?

Kenya is piloting a new private sector-led dual training model for Technical and Vocational Education and Training (TVET) aiming to tackle youth unemployment, formally launched on March 5th, 2026.

C
Capital Business
📰 Read Full Story
COMESA attracts 67pc of Africa FDI as inflows hit $65bn
business22h ago

COMESA attracts 67pc of Africa FDI as inflows hit $65bn

COMESA has become Africa's leading destination for Foreign Direct Investment (FDI), attracting 67% of the continent's total inflows. Investments into member states surged to a record $65 billion in 2024.

C
Capital Business
📰 Read Full Story
President Ruto assures Kenyans of fuel stability amid Middle East crisis
business1d ago

President Ruto assures Kenyans of fuel stability amid Middle East crisis

President William Ruto has assured Kenyans that measures are in place to prevent fuel and commodity shortages amidst the ongoing crisis in the Middle East. He stated that the Kenyan government, in collaboration with regional partners and stakeholders, is actively working to ensure stability.

C
Capital Business
📰 Read Full Story
Nigeria’s reform momentum offers signal—and lessons—for Kenya’s investment case
business1d ago

Nigeria’s reform momentum offers signal—and lessons—for Kenya’s investment case

Nigeria's recent reform efforts aimed at global investor confidence are influencing how African markets, including Kenya's, are perceived internationally.

C
Capital Business
📰 Read Full Story
How conservation has boosted beekeeping in Eburru Forest, Naivasha
business1d ago

How conservation has boosted beekeeping in Eburru Forest, Naivasha

Conservation efforts in Eburru Forest, Naivasha, have successfully boosted beekeeping, transforming livelihoods and restoring the ecosystem.

C
Capital Business
📰 Read Full Story
No new taxes as govt targets wider tax base, Mbadi says
business1d ago

No new taxes as govt targets wider tax base, Mbadi says

The Kenyan government, through National Treasury Cabinet Secretary John Mbadi, has announced it will not introduce new taxes, maintaining current rates due to the unchanged economic situation for Kenyans.

C
Capital Business
📰 Read Full Story
Is New York’s cannabis business really flying high?
business1d ago

Is New York’s cannabis business really flying high?

Despite cannabis being legal for recreational use for five years in New York, legitimate businesses are struggling due to a thriving grey market and complex federal laws.

C
Capital Business
📰 Read Full Story
Vivo Energy Kenya blames high demand for temporary fuel stock-outs
business1d ago

Vivo Energy Kenya blames high demand for temporary fuel stock-outs

Vivo Energy Kenya, operator of Shell stations, is experiencing temporary fuel stock-outs due to unexpectedly high customer demand, coinciding with rising global fuel prices.

N
Nation Business
📰 Read Full Story
COMESA issues recall of infant milk brands over toxin contamination
business1d ago

COMESA issues recall of infant milk brands over toxin contamination

The COMESA Competition and Consumer Commission has issued a public warning and recall for several infant milk brands due to potential contamination with cereulide, a toxin linked to foodborne illness.

C
Capital Business
📰 Read Full Story
Skyward Airlines to hike ticket prices over rising fuel costs
business1d ago

Skyward Airlines to hike ticket prices over rising fuel costs

Skyward Airlines will increase its ticket prices starting April 1, 2026, due to escalating aviation fuel costs. The airline will implement a fuel surcharge on all tickets to address higher operating expenses and maintain sustainable operations.

C
Capital Business
📰 Read Full Story
S. Korea to expand fuel tax cuts amid Middle East conflict
business1d ago

S. Korea to expand fuel tax cuts amid Middle East conflict

South Korea is expanding fuel tax cuts to ease financial pressure on citizens amidst ongoing Middle East conflict.

C
Capital Business
📰 Read Full Story
Shell brand owner attributes temporary fuel shortage to stock-outs
business1d ago

Shell brand owner attributes temporary fuel shortage to stock-outs

Vivo Energy Kenya, the operator of Shell brands in Kenya, attributes recent temporary fuel shortages at some of its stations to stock-outs driven by increased demand and motorists stocking up in anticipation of price hikes.

C
Capital Business
📰 Read Full Story