Latest from Nation Business

business11h ago

State turns to Infrastructure Fund for Sh30bn energy projects

Kenya's National Treasury is turning to the newly established National Infrastructure Fund (NIF) to finance Sh30.9 billion in energy sector projects, including vital upgrades to the national electricity grid, for the fiscal year starting July 1.

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business17h ago

Live Blog: CS Mbadi reads 2026/27 Budget in Parliament

Cabinet Secretary Mbadi presented the 2026/27 Budget to Parliament on Thursday, June 11, 2026. This comes as an election year budget, facing a challenging global economic environment.

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business18h ago

CS Mbadi's Sh4.8 trillion tightrope

National Treasury Cabinet Secretary John Mbadi is navigating fiscal consolidation efforts as he presents the Sh4.82 trillion budget highlights for the 2026/27 fiscal year amidst mounting public debt and revenue challenges.

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business1d ago

Brookside farmers get Sh255m bonus in first half

Brookside Dairy has rewarded its contracted farmers with a substantial Sh255 million bonus for the first half of the year ending May 2026.

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business1d ago

A look inside Ruto’s elections budget

President William Ruto's administration is set to implement a Sh4.8 trillion budget for the 2026/27 financial year, heavily focused on infrastructure projects and with a reduced emphasis on new taxes, as a key campaign strategy for his re-election bid.

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business1d ago

KRA targets employers over Sh100bn Affordable Housing Levy default

The Kenya Revenue Authority (KRA) is preparing to pursue employers who have failed to remit over Sh100 billion in employee deductions for the Affordable Housing Levy.

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business2d ago

Bharat’s plan to oust Scangroup board fails

Minority shareholders of WPP Scangroup, led by former CEO Bharat Thakrar, failed in their attempt to oust the existing board and install new directors at the company's annual general meeting.

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business2d ago

The business of water: Firm rides on growing demand in Kenya

iClear, a Kenya-based water purification company, is capitalizing on the growing demand for safe drinking water solutions across urban and rural households. The firm offers advanced purification systems designed to address local water quality challenges such as salinity and high fluoride levels.

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business3d ago

Minority investors lose in Sh2bn Tatu City court row

Minority investors linked to businessman Vimal Shah and former CBK Governor Nahashon Nyagah are set to lose their indirect stake in Tatu City after the UK's Judicial Committee of the Privy Council dismissed an appeal related to the liquidation of Manhattan Coffee Investment Holdings.

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business3d ago

Price crash fuels calls to lift Macadamia export ban

Kenyan macadamia farmers are calling for the government to lift the export ban on unprocessed nuts due to a significant price crash, with farm-gate prices plummeting to as low as Sh30 per kilo.

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business3d ago

Deadlock in revenue talks as MPs offer counties Sh425bn

Mediation talks between Kenya's National Assembly and the Senate over county revenue allocation have hit a deadlock, with the two Houses far apart on the proposed amounts.

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business3d ago

Court suspends hiring of new KCAA boss

The recruitment of the new Kenya Civil Aviation Authority (KCAA) director-general has been suspended by the High Court following a legal challenge questioning the board's authority to conduct the process.

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business4d ago

State plans eCitizen data sale to boost revenue

The Kenyan government plans to establish a national marketplace for selling non-personal data, including that from the eCitizen platform, to generate additional revenue.

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business5d ago

Confusion on NSSF contributions as court faces scrutiny over ruling

Confusion surrounds the National Social Security Fund (NSSF) after a Court of Appeal ruling on May 29, 2026, is being scrutinized for allegedly addressing the wrong application, impacting enhanced pension contributions.

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business6d ago

New labour rules lift house help minimum wage to Sh18,047

New regulations have significantly increased the minimum wage for domestic workers in Kenya, raising monthly pay to Sh18,047 and introducing penalties for non-compliance.

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business1w ago

Housing Levy could stay on your payslip post-Ruto

The Kenyan government plans to use the Affordable Housing Levy collections as collateral for a Sh100 billion loan, potentially making the deduction a long-term feature on workers' payslips.

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business1w ago

State agencies partner to root out tender cartels

Kenya's Competition Authority (CAK) and the Public Procurement Regulatory Authority (PPRA) are intensifying efforts to combat tender cartels that inflate government project costs.

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business1w ago

Distributor fails to stop Diageo’s EABL stake sale to Asahi Group

A Kenyan court has dismissed an application by Bia Tosha Distributors Limited to block the sale of Diageo's 65 per cent stake in East African Breweries Limited (EABL) to Japan's Asahi Group Holdings for Sh305 billion.

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business1w ago

Why MPs are against new Tea export levy

Lawmakers from tea-growing regions are demanding the suspension of a new 0.8 percent export levy on Kenyan tea, fearing significant annual losses for farmers.

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business1w ago

Review of electricity tariffs halted amid inflation fears

Kenya has halted a planned increase in electricity tariffs, initially set for July 1, to protect consumers from rising costs amidst surging inflation and public outcry over fuel prices.

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business1w ago

Tobacco lobby wants 20pc increase on cigarettes, nicotine pouches

The Kenya Tobacco Control Alliance (Ketca) is urging Parliament to amend the Finance Bill, 2026, to implement a significant tax increase on tobacco and nicotine products.

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business1w ago

KQ Sh300m advertising dispute heads to arbitration tribunal

Kenya Airways has won a court battle against Digital Mara Media concerning a disputed advertising contract, with the court directing the parties to arbitration.

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business1w ago

Mombasa port workers secure pay rises in new deal

Workers at the Kenya Ports Authority (KPA) are set to receive pay rises following the signing of a new Collective Bargaining Agreement (CBA) with management, concluding over two years of negotiations.

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business1w ago

Public debt stock rises by Sh533bn in three months

Kenya's public debt has surged by Sh533 billion in the first quarter of the year, reaching a total stock of Sh12.83 trillion by the end of March.

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business1w ago

CA funds rescue 17 Posta branches from planned closure

The Communications Authority of Kenya (CA) is using funds from the Universal Service Fund (USF) to save 17 Posta branches from planned closure.

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business2w ago

KQ wants MPs to reject Bill to regulate import of strategic goods

Kenya Airways is urging Members of Parliament to reject the government's Strategic Goods and Control Bill, warning it could lead to significant flight delays and cancellations.

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business2w ago

KAA to pay contractor Sh75 million in 'tainted' airport tender

The High Court has ordered the Kenya Airports Authority (KAA) to compensate a contractor Sh75 million for work completed on the stalled Mandera-Wargadud Airport project, while upholding the authority's decision to terminate the contract due to fraud allegations.

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business2w ago

Kenya Railways in Sh173bn row over cargo containers

Kenya Railways Corporation is in a Sh173 billion dispute with ATI Freight Kenya Limited over unpaid freight charges, demurrage fees, and the commercial use of 250 cargo containers.

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business2w ago

Workers' purchasing power drops 12pc in five year

Kenya's workers are experiencing a significant drop in purchasing power, estimated at 12% over the last five years due to rising taxes and the high cost of living.

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business2w ago

Ride-hailing users to pay more as Ruto orders minimum Uber, Bolt fares

Ride-hailing users in Kenya will soon face higher fares following a directive from President William Ruto to implement minimum fare regulations for platforms like Uber and Bolt.

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