KRA Raises Container Import Benchmark to Sh3.2 Million in Tax Compliance Drive

The Kenya Revenue Authority (KRA) has raised the minimum reference value for consolidated 40-foot containers. The…

Operator of Serena Hotels Widens Half-Year Loss as Revenue Falls

TPS Eastern Africa, the operator of Serena Hotels, has reported a wider loss for the first…

Softcare Kenya Revenue Jumps 17.4% as Demand for Baby-Care Products Grows

Softcare Limited has recorded strong growth in its Kenya business. This growth has seen its revenue…

Diesel Price Drops as EPRA Retains Petrol and Kerosene Costs

Motorists using diesel will pay less at the pump from August 15. Petrol and kerosene prices…

Safaricom Appoints Vodacom Executives To its Board

Safaricom has appointed two Vodacom executives to its board following recent ownership changes. The appointments come…

Absa Exits Kenyan Insurance Manufacturing Business in Stake Sale Deal

Absa Group has agreed to sell its majority stake in two Kenyan insurance businesses. The transaction…

Kenya, Counties Struggle With KSh622.7 Billion in Unpaid Bills Despite Lower Budget Deficit

Kenya’s national and county governments ended the last financial year with KSh622.7 billion in unpaid bills.…

KCB Rewards Shareholders as Half-Year Profit Climbs to KSh49.3 Billion

KCB Group posted strong earnings growth in the first half of 2026. The lender also increased…

Record Customs Collections Give Treasury Early Boost in Revenue Drive

Kenya’s Customs and Border Control Department has started the 2026/27 financial year on a strong note.…

Vodacom Strengthens Board With Former Airtel Africa CEO Appointment

Vodacom has tapped former Airtel Africa chief executive Segun Ogunsanya to join its board as an…