Economy

Kenya’s inflation edged up to 6.5 percent in July from 6.4 percent in June, as rising electricity tariffs and food prices continued to strain household budgets, even as fuel prices held steady and cooking gas costs eased. According to data released by the Kenya National Bureau of Statistics (KNBS), consumer …

Safaricom has announced a significant reduction in M-PESA business transaction charges, with cuts of up to 50 percent taking effect from August 1, 2026, in a move the telco says is aimed at making digital payments more affordable for businesses and their customers. Pochi la Biashara Charges Waived Under the …

Two Ugandan government officials have been appointed to the Kenya Pipeline Company (KPC) Board following the Uganda National Oil Company’s (UNOC) purchase of a 20.15 percent stake in the firm earlier this year. The newly appointed directors are Ramathan Ggoobi, Uganda’s Permanent Secretary and Secretary to the Treasury, and Irene …

Kenya Power has announced that its token vending system is facing technical difficulties, leaving customers unable to purchase electricity tokens as usual. In a statement issued Thursday morning, July 30, 2026, the utility said its technical team was actively working to restore normal service as soon as possible, urging affected …

Meta CEO Mark Zuckerberg has laid out an optimistic outlook for the company, crediting artificial intelligence with driving strong quarterly results while setting the stage for new products and revenue streams in the years ahead. Sharing highlights from Meta’s latest earnings call, Zuckerberg reported that 3.6 billion people now use …

Safaricom has addressed growing frustration among MyOneApp users who say they are being logged out of the application repeatedly. The clarification followed a customer complaint about having to reactivate the app multiple times in quick succession, with the user asking whether the platform now mandated the use of Safaricom mobile …

Jambojet was forced to call off the takeoff of flight JM8650 en route from Nairobi to Kisumu on Sunday, July 26, after a technical warning triggered a safety response. According to the airline, the aircraft — registration 5Y-JXL — flagged a system caution alert at around 6:00 AM, just before …

Artcaffé is planning to expand its presence beyond Nairobi as demand for curated dining experiences continues to rise among Kenya’s growing middle-income population. The restaurant chain plans to open a new outlet in Eldoret before the end of the year, followed by expansion into Mombasa and other coastal towns next …

BAT Kenya has reported a 2 percent increase in profit before tax for the six months ending June 30, 2026, driven by stronger export sales and rising demand for its oral nicotine pouch products despite declining local cigarette sales. The company recorded a pre-tax profit of KSh4.4 billion, up from …

Sales of locally assembled vehicles in Kenya increased by 32 percent in June, signaling continued recovery in the country’s automotive sector. According to the Kenya Motor Industry Association (KMIA), 1,651 locally assembled vehicles were sold in June, up from 1,120 units recorded in January 2026. The industry sold a total …