Business

The Kenya Pipeline Company has officially launched the recruitment process for a new Managing Director following the resignation of Joe Sang last month. In a public notice, the company invited qualified candidates to apply for the top position before the May 20 midnight deadline. The successful applicant will serve on …

Safaricom has reported a record-breaking profit of nearly Sh100 billion for the 2025 financial year after net earnings surged by 67.3 per cent to Sh99.7 billion. The telecommunications giant linked the strong performance to innovative products and services that continue to improve customers’ everyday experiences. Click here to join our …

Kenya’s export earnings remained largely steady last year, despite mixed performance across different global markets, according to the 2026 Economic Survey by the Kenya National Bureau of Statistics (KNBS). Africa continued to dominate as Kenya’s biggest export destination, with earnings from the continent rising by 6.4% to Sh452.8 billion. This …

Safaricom has revealed that M-Pesa processes around Sh100 billion in transactions day, highlighting the vast scale of Kenya’s digital payments landscape. CEO Peter Ndegwa said the platform facilitates nearly 500 million transactions daily. Speaking at the Connected Africa Summit 2026, he noted that M-Pesa’s system is capable of handling up …

The Kenya Revenue Authority (KRA) has reminded taxpayers that the deadline for clearing all outstanding 2025 tax arrears is Thursday, April 30, after which penalties and interest will begin to accrue. While the filing deadline for annual tax returns remains June 30, KRA clarified that April 30 is strictly the …

The Kenya Revenue Authority (KRA) has done away with the requirement for filing Nil Returns and introduced a new category known as “PIN with No Obligation” (PWO), signaling a major change in Kenya’s tax compliance system. This update is set to benefit individuals without income—such as students and others not …

Outsourcing company Sama has announced plans to lay off 1,108 employees at its Nairobi office following the termination of a major contract by Meta Platforms. In a redundancy notice dated April 16, the firm said the job cuts come after Meta formally ended a key engagement that had been supporting …

The Kenya National Chamber of Commerce and Industry (KNCCI) has raised concerns over the continued high cost of fuel, warning that it is putting heavy pressure on the transport sector and could trigger wider economic instability if no urgent interventions are made. In a statement, the chamber said elevated pump …

Car dealers and importers are facing challenges following stricter rules by the National Transport and Safety Authority (NTSA) on the use of KD number plates, with industry players warning of delivery delays and operational disruptions. Under the new regulations, KD plates—typically used on unregistered vehicles—are now restricted to specific purposes …

A decision by Treasury Cabinet Secretary John Mbadi to lower VAT on fuel to 8 per cent is now facing legal scrutiny. In a gazette notice issued on April 15, Mbadi reduced VAT from 13 per cent to 8 per cent—just a day after an earlier cut from 16 per …