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Kenya business news: markets, SMEs, banking, trade and the economy. Practical context for workers, founders and investors.

Nairobi County locked out of World Bank performance financing billions
Business

Nairobi County locked out of World Bank performance financing billions

Nairobi County has been locked out of a World Bank performance-based financing stream meant to strengthen county governance and service delivery, raising questions about reform benchmarks.

2 min
Digital lenders become Kenya’s new debt collectors — and regulators are watching
Business

Digital lenders become Kenya’s new debt collectors — and regulators are watching

Mobile digital lenders have become aggressive debt collectors in everyday Kenyan life, raising consumer-protection questions as apps replace traditional village pressure with automated shaming and recovery tactics.

2 min
PesaLink fee cuts spread to 19 banks as retail payment war heats up
Business

PesaLink fee cuts spread to 19 banks as retail payment war heats up

Discounted PesaLink transfer tariffs have spread to 19 banks and microfinance banks, up from 10 in under two months, including five of Kenya’s top ten lenders.

2 min
CBK seeks stronger AML enforcement powers under Microfinance Bill 2026
Business

CBK seeks stronger AML enforcement powers under Microfinance Bill 2026

The Central Bank of Kenya is seeking powers to regulate, supervise and enforce anti-money laundering compliance under the Microfinance Bill 2026, tightening oversight beyond traditional banks.

2 min
Cost of a healthy diet in Kenya jumps as millions more cannot afford one
Business

Cost of a healthy diet in Kenya jumps as millions more cannot afford one

FAO-linked figures show the daily cost of a healthy diet in Kenya rising sharply over eight years, with about nine million more people unable to afford nutritious food as prices climb.

2 min
Government invests Sh922 million in 14 modern markets across Kisumu
Business

Government invests Sh922 million in 14 modern markets across Kisumu

The national government is investing more than Sh922 million to build 14 modern markets across Kisumu County under the Economic Stimulus Programme, aiming to upgrade trading spaces for local businesses.

2 min
KMRC’s Sh9.4bn sustainability bond marks a new chapter for housing finance
Business

KMRC’s Sh9.4bn sustainability bond marks a new chapter for housing finance

Kenya Mortgage Refinance Company’s sustainability bond on the NSE drew demand of about 312.8 per cent and raised Sh9.4 billion, signalling deeper capital-market appetite for housing finance.

2 min
Kiambu own-source revenue hits record Sh6.5bn after digital overhaul
Business

Kiambu own-source revenue hits record Sh6.5bn after digital overhaul

Kiambu County’s own-source revenue has jumped from about Sh2.9 billion to a record Sh6.5 billion after automation and tighter collection systems, local reporting says.

2 min
Bankers push back on Sh250m capital rule for microfinance firms
Business

Bankers push back on Sh250m capital rule for microfinance firms

The Kenya Bankers Association says a proposed Sh250 million capital requirement for microfinance institutions — plus stiff competition fines — could force exits and shrink access to credit.

2 min