The Online Kenyan

Business & Economy

Featured News Stories

CAK Approves KCB Group Acquisitions Amid Projections for Kenyan Economic Growth

The Competition Authority of Kenya (CAK) has officially approved KCB Group PLC's acquisition of Riverbank Solutions Limited, a fintech firm. This transaction was first announced in March 2025. In a separate deal, KCB Group also received approval to acquire the Mwendwa firm. These corporate acquisitions are taking place as Kenya's economy is projected to demonstrate resilience and growth into 2026, according to a report from Mastercard. The report states that this growth will be primarily fueled by strong domestic demand. The economic outlook is also supported by increasing digital inclusion and diversified trade relationships.

Newest billionaire in town? KCB gets nod to acquire Mwendwa firm

Newest billionaire in town? KCB gets nod to acquire Mwendwa firm

N

Nation Business•9h ago

📰 Read Full Story

Mastercard: Strong domestic demand to drive Kenya’s economy in 2026

Mastercard: Strong domestic demand to drive Kenya’s economy in 2026

C

Capital Business•10h ago

📰 Read Full Story

CAK okays KCB Group’s acquisition of fintech Riverbank

CAK okays KCB Group’s acquisition of fintech Riverbank

C

Capital Business•11h ago

📰 Read Full Story

Advertisement

Latest Stories

Kagwe gives maize hoarders 30 days as duty-free imports loom

Kagwe gives maize hoarders 30 days as duty-free imports loom

Kenya's Agriculture Cabinet Secretary Mutahi Kagwe has issued a 30-day ultimatum to maize hoarders, threatening duty-free imports if sufficient stocks are not released to the market. The government aims to secure local maize for the Strategic Grain Reserve before resorting to imports.

C

Capital Business

📰 Read Full Story

From 1,000 dreams to opportunity: How KCB Foundation scholarships change lives

From 1,000 dreams to opportunity: How KCB Foundation scholarships change lives

The KCB Foundation has offered full secondary school scholarships to 1,000 vulnerable, high-performing Kenyan students for the 2026 cohort, changing lives like that of Valentine Kemboi, Grace Akinyi, and Stephen Mbuya, who faced significant educational barriers.

C

Capital Business

📰 Read Full Story

Tourism in East Africa: chronicle of a fragile rebound

Tourism in East Africa: chronicle of a fragile rebound

East African tourism experienced a fragile rebound in 2024, with some countries achieving record visitor numbers and revenues, while others faced significant setbacks due to political instability and infrastructure challenges. The sector's growth is consistently threatened by external and internal shocks, highlighting the precarious balance between rapid development and inherent vulnerabilities.

C

Capital Business

📰 Read Full Story

Govt plans six mega dams, targets 2mn acres in irrigation push

Govt plans six mega dams, targets 2mn acres in irrigation push

The Kenyan government plans to construct six mega dams starting in 2026 to expand irrigation to two million acres of farmland, aiming to boost food security and mitigate climate change impacts in arid and semi-arid lands (ASALs).

C

Capital Business

📰 Read Full Story

China says Canada deal does not target the US after Trump tariff threat

China says Canada deal does not target the US after Trump tariff threat

China has stated that its trade agreement with Canada is not intended to target any third party, following threats from Donald Trump to impose 100% tariffs on Canadian products if the deal with Beijing is finalized.

C

Capital Business

📰 Read Full Story

CAK okays KCB Group’s acquisition of fintech Riverbank

business11h ago

CAK okays KCB Group’s acquisition of fintech Riverbank

The Competition Authority of Kenya (CAK) has officially approved KCB Group PLC's acquisition of Riverbank Solutions Limited, a transaction first announced in March 2025.

C

Capital Business

📰 Read Full Story

Mastercard: Strong domestic demand to drive Kenya’s economy in 2026

business10h ago

Mastercard: Strong domestic demand to drive Kenya’s economy in 2026

Kenya's economy is projected to demonstrate resilience and growth into 2026, primarily fueled by strong domestic demand, increasing digital inclusion, and diversified trade relationships.

C

Capital Business

📰 Read Full Story

‘I spent £2,000 on one event’: Why Gen Z is obsessed with Hyrox

business10h ago

‘I spent £2,000 on one event’: Why Gen Z is obsessed with Hyrox

Hyrox, a hybrid running and fitness competition, has become a significant craze, particularly among young millennials and Generation Z, attracting 1.3 million expected competitors globally this year. This rapidly growing popularity is largely driven by social media and a cultural shift towards fitness as a core part of identity, even leading to substantial financial investments by participants.

C

Capital Business

📰 Read Full Story

Funds disbursed to health facilities hit Sh92.5bn, CS Duale

Funds disbursed to health facilities hit Sh92.5bn, CS Duale

Kenya's Cabinet Secretary Duale announced the disbursement of Sh92.5 billion to 10,272 health facilities under the national health financing framework, aiming to support various healthcare services across the country.

C

Capital Business

📰 Read Full Story

Caribbean cannabis growers eye budding domestic sales and exports

Caribbean cannabis growers eye budding domestic sales and exports

Caribbean cannabis growers, particularly in Antigua and Jamaica, are looking to expand their domestic sales and export capabilities following a decade of decriminalization and legalization efforts in the region. The move is bolstered by a recent reclassification of cannabis in the United States, which some hope will pave the way for future international trade.

C

Capital Business

📰 Read Full Story

Police, prisons to join Social Health Authority from April 1

business15h ago

Police, prisons to join Social Health Authority from April 1

The National Police Service (NPS) and the Kenya Prisons Service will be mandatorily integrated into the Social Health Authority (SHA) starting April 1, consolidating their medical coverage under the new national health insurance framework.

C

Capital Business

📰 Read Full Story

Yen gains sharply against dollar

business15h ago

Yen gains sharply against dollar

The Japanese yen experienced a significant surge against the U.S. dollar in early Monday trading, reaching the 154 level. This sharp appreciation follows reports of a "rate check" conducted by the New York Federal Reserve, signaling potential intervention efforts.

C

Capital Business

📰 Read Full Story

A new era of clean energy as Kitui-Wote line goes live

business14h ago

A new era of clean energy as Kitui-Wote line goes live

The Kenya Electricity Transmission Company (KETRACO) has officially energized the 132kV Kitui-Wote Transmission Line, marking a significant step in enhancing clean energy distribution across Eastern Kenya. This completion ensures reliable power access, especially in Kitui and Makueni counties, aligning with Kenya's commitment to sustainable development.

C

Capital Business

📰 Read Full Story

Cofek blames lack of funds for undermining Labour Board mandate

business14h ago

Cofek blames lack of funds for undermining Labour Board mandate

The Consumers Federation of Kenya (COFEK) has expressed significant concern over the severe underfunding of the National Labour Board (NLB). This lack of financial support is threatening industrial stability and undermining workforce development across Kenya.

C

Capital Business

📰 Read Full Story

Duale summons SHA leadership over ethnic bias claims

Duale summons SHA leadership over ethnic bias claims

Health Cabinet Secretary Aden Duale has summoned the leadership of the Social Health Authority (SHA) for a briefing on Monday following allegations of ethnic bias in the authority’s ongoing recruitment drive. This intervention comes after media reports questioned the ethnic composition of recently hired staff, suggesting a return to ethnically skewed public appointments.

C

Capital Business

📰 Read Full Story

White House weighing possible total oil blockade against Cuba: report

White House weighing possible total oil blockade against Cuba: report

The White House is reportedly considering a total blockade of Cuba’s oil imports as a measure to instigate regime change in the Caribbean nation, according to a report by Politico on Friday.

C

Capital Business

📰 Read Full Story

Gold tops $5,000 for first time ever, adding to historic rally

business17h ago

Gold tops $5,000 for first time ever, adding to historic rally

The price of gold has surpassed $5,000 an ounce for the first time ever, continuing a historic rally that saw the precious metal jump by more than 60% in 2025. This surge is attributed to growing global financial and geopolitical uncertainty, including tensions between the US and NATO, US President Donald Trump’s trade policies, and conflicts in Ukraine and Gaza.

C

Capital Business

📰 Read Full Story

Should smartphones be locked away at gigs and in schools?

business17h ago

Should smartphones be locked away at gigs and in schools?

Concerts and schools are increasingly implementing "phone-free" policies using lockable pouches to enhance engagement and reduce distractions. This method, pioneered by companies like Yondr, gained prominence after artists such as Sir Paul McCartney used it, and is now being widely adopted in educational settings with reported benefits.

C

Capital Business

📰 Read Full Story

India Stack – The Indian Approach and Experience

India Stack – The Indian Approach and Experience

The India Stack is a comprehensive digital infrastructure composed of open APIs and digital public goods designed to accelerate digital transformation and enhance financial inclusion in India. This framework, developed since 2009 with the Aadhaar program, facilitates paperless, presence-less, and cashless transactions across various services.

C

Capital Business

📰 Read Full Story

SHA defends recruitment drive, says hiring is transparent and inclusive

SHA defends recruitment drive, says hiring is transparent and inclusive

The Social Health Authority (SHA) has defended its recruitment process as transparent and merit-based following public scrutiny. They are hiring 815 officers for the new social health insurance model, with 144 already appointed.

C

Capital Business

📰 Read Full Story

AVLC Hands Siraji Sacco Ksh170m World Bank-Backed Loan to Boost MSME Recovery

AVLC Hands Siraji Sacco Ksh170m World Bank-Backed Loan to Boost MSME Recovery

The AVLC Group has provided a Ksh.170 million loan to Siraji Savings and Credit Co-operative Society Ltd as part of a World Bank-backed program to help MSMEs in Kenya recover from the Covid-19 pandemic.

C

Capital Business

📰 Read Full Story

Trump threatens Canada with 100% tariffs if it ‘makes a deal with China’

Trump threatens Canada with 100% tariffs if it ‘makes a deal with China’

US President Donald Trump has threatened to impose a 100% tariff on Canadian goods if Canada strikes a trade deal with China, despite Canada's Prime Minister Carney recently announcing a "strategic partnership" with China that included tariff reductions.

C

Capital Business

📰 Read Full Story

KRA, KPA target faster cargo clearance with new port reforms

KRA, KPA target faster cargo clearance with new port reforms

The Kenya Revenue Authority (KRA) and the Kenya Ports Authority (KPA) have launched new reforms to expedite cargo clearance at the Port of Mombasa, aiming to alleviate congestion and improve trade flow.

C

Capital Business

📰 Read Full Story

Heathrow scraps 100ml liquid container limit

Heathrow scraps 100ml liquid container limit

Heathrow Airport has finally scrapped the 100ml liquid container limit for passengers, completing the rollout of new high-tech CT scanners across all terminals. This allows travellers to leave liquids in containers up to two litres and electronics like laptops in their bags during security checks, becoming the largest airport globally to fully implement this technology.

C

Capital Business

📰 Read Full Story

Rwanda, Kenya sign deal to strengthen logistics collaboration

Rwanda, Kenya sign deal to strengthen logistics collaboration

Rwanda and Kenya have signed a significant agreement to enhance logistics collaboration, with a focus on strengthening regional trade through the Port of Mombasa. This initiative seeks to boost efficiency and streamline services for businesses in both nations.

C

Capital Business

📰 Read Full Story

Is China quietly winning the AI race?

Is China quietly winning the AI race?

Chinese AI models are gaining significant traction among major US tech companies like Pinterest and Airbnb, leading to speculation that China is quietly winning the AI race through open-source innovations that are proving to be more effective and cost-efficient.

C

Capital Business

📰 Read Full Story

Case seeking removal of Ruto PSs to proceed, Supreme Court rules

Case seeking removal of Ruto PSs to proceed, Supreme Court rules

The Supreme Court of Kenya has ruled that a petition challenging the appointment of several Principal Secretaries by President William Ruto will proceed. This decision allows the legal case, which questions the constitutional compliance of the appointments, to move forward to a full hearing despite efforts to halt it.

C

Capital Business

📰 Read Full Story

French gov’t survives no-confidence votes over budget issue

French gov’t survives no-confidence votes over budget issue

The French government, led by Prime Minister Sebastien Lecornu, survived two no-confidence votes in the National Assembly on Friday, January 23, allowing it to proceed with the 2026 state budget.

C

Capital Business

📰 Read Full Story

Kenya-China Chamber supports climate learning at Kibera Primary School

Kenya-China Chamber supports climate learning at Kibera Primary School

The Kenya China Chamber of Commerce and Industry (KCCCI) has initiated Phase II of its School Science Popularization Project at Kibera Primary School, donating learning materials and screening an educational film on climate change to promote climate awareness and community empowerment among students.

C

Capital Business

📰 Read Full Story

KCB urges caution on KPC IPO over low dividend yield

KCB urges caution on KPC IPO over low dividend yield

KCB Investment Bank advises caution on the Kenya Pipeline Company (KPC) Initial Public Offering (IPO) due to a relatively low dividend yield, making it less attractive for income-focused investors.

C

Capital Business

📰 Read Full Story