Category

Business

Naivas Supermarket Chain Targets 100 Stores Across Kenya by End of 2026
Business

Naivas Supermarket Chain Targets 100 Stores Across Kenya by End of 2026

Naivas Limited announced aggressive expansion plans to reach 100 retail locations by December 2026, capitalizing on changing consumer preferences toward organized retail. Store openings target secondary towns and underserved urban areas across Kenya's regions.

2 min
KEPSA Business Climate Index Falls to 42.8 Points in Q2 2026 Due to Inflation Concerns
Business

KEPSA Business Climate Index Falls to 42.8 Points in Q2 2026 Due to Inflation Concerns

The Kenya Private Sector Alliance quarterly business confidence survey revealed declining sentiment among 300 member companies, with inflation and energy costs emerging as critical challenges. Manufacturing and retail sectors reported the most pessimistic outlook for the next six months.

2 min
Chinese Investment in Kenya Infrastructure Projects Reaches KSh 847 Billion Mark
Business

Chinese Investment in Kenya Infrastructure Projects Reaches KSh 847 Billion Mark

Chinese companies have invested nearly KSh 847 billion in Kenya's infrastructure sector since 2012, with active projects in transport, energy, and industrial parks. The Standard Gauge Railway remains the largest bilateral investment despite operational challenges and debt servicing concerns.

2 min
East African Community Single Market Protocol Accelerates Trade Integration in 2026
Business

East African Community Single Market Protocol Accelerates Trade Integration in 2026

The EAC single market achieved significant milestones with tariff elimination on over 98% of goods traded within the bloc. Kenya's exports to Tanzania and Uganda increased 24% in the first quarter of 2026, demonstrating the protocol's economic impact on regional commerce.

2 min
Kenya's SME Financing Crisis Deepens as Bank Lending Standards Tighten in 2026
Business

Kenya's SME Financing Crisis Deepens as Bank Lending Standards Tighten in 2026

Commercial banks reduced SME lending by 15% in the first half of 2026 as risk-averse policies and elevated interest rates deterred credit access. Small and medium enterprises across Nairobi and secondary towns reported difficulties securing working capital financing.

2 min
Safaricom Achieves Record KSh 163 Billion Revenue in FY2025 with Fiber Expansion
Business

Safaricom Achieves Record KSh 163 Billion Revenue in FY2025 with Fiber Expansion

Safaricom's latest financial results show 8.7% year-on-year revenue growth driven by fiber broadband subscriptions reaching 1.2 million customers, signaling a shift from mobile-only operations toward converged services.

2 min
Equity Bank's Pan-African Expansion Strategy Targets 11 Countries by 2027
Business

Equity Bank's Pan-African Expansion Strategy Targets 11 Countries by 2027

Equity Group Holdings announced ambitious plans to expand operations across East and West Africa, with Kenya remaining the profitability anchor. New market entry in Uganda, Tanzania, Rwanda, and Democratic Republic of Congo is underway with digital banking as the primary growth vector.

2 min
USAID Cuts Threaten Kenya's Tsavo Park Anti-Poaching Fight
Business

USAID Cuts Threaten Kenya's Tsavo Park Anti-Poaching Fight

Tsavo National Park faces a critical funding gap after a $7.8 million USAID grant was cancelled, pushing Kenya Wildlife Service to turn to AI and drones.

3 min
Kenya Shifts to Proactive Climate Finance with New 2026-2030 Strategy
Business

Kenya Shifts to Proactive Climate Finance with New 2026-2030 Strategy

Kenya's National Treasury has unveiled a landmark Disaster Risk Financing Strategy 2026вЂ"2030, pledging KSh 11.2 billion to counties for climate resilience.

3 min