Category
Business
Kenya business news: markets, SMEs, banking, trade and the economy. Practical context for workers, founders and investors.
How Lamu Beat Seven Sites to Host Dangote’s Refinery Bid
Lamu emerged ahead of seven shortlisted locations in the contest to host a major Dangote refinery project, reshaping Kenya’s industrial map debate.
Why a Handshake Deal Is Not a Shareholders’ Agreement
Without a written shareholders’ agreement, Kenyan companies fall back on bare Articles of Association—and friendships die in the registrar’s file.
Tuju Urges MPs to Curb Treasury Power Over EADB Transfers
Former CS Raphael Tuju told MPs a proposed law weakens oversight by letting Treasury alone set amounts sent to the East African Development Bank.
County Pension Fund assets hit Sh68.28bn as membership tops 106,000
CPF Group said County Pension Fund net assets rose to Sh68.28bn in 2025 from Sh51.67bn, with membership at 106,872 and 194 sponsor institutions, as other schemes also grew.
Report: Kenya's digital 'missing middle' blocks growth despite fibre push
Africa Finance Corporation's infrastructure report says Kenya under-converts broadband into digitally delivered exports (about 1.58% of GDP vs Ghana's 6.3%) and must build platforms, skills and institutions on top of cables.
Treasury cuts crypto firm capital floors up to 40%; stablecoins still Sh300m
CS John Mbadi's new virtual-asset rules drop minimum paid-up capital for crypto operators by up to 40%, with stablecoin issuers still at Sh300m (from Sh500m proposed) under the VASP Act 2025.
EAC governors push 2031 single currency path; gold reserves back on the table
At the 29th EAC Monetary Affairs Committee in Kampala, governors reaffirmed a 2031 single-currency goal though no state meets all four convergence tests, and urged domestic gold purchases to diversify reserves.
KIPPRA: Kenya near VAT ceiling at 16%; base and compliance beat rate hikes
KIPPRA says Kenya's 16% VAT sits near the top of an optimal 10.25–16.30% band, so further hikes risk lower activity and compliance; it urges a wider base, fewer leakages and modern administration instead.
Local assembly plants push new-vehicle demand as capacity jumps past 3,000 units
Industry players say Kenya is shifting toward locally assembled new vehicles, with one plant growing from about 200 to more than 3,000 units capacity on FAW trucks and Jetour cars, plus a planned Mlolongo workshop for 400 jobs and 300 trucks.