Business

Some energy-sector investors received far smaller share allocations than anticipated in the Kenya Pipeline Company (KPC) Initial Public Offering (IPO), despite initially being offered sizable portions of the state-owned firm. Analysts indicate that foreign investors, who were allocated 20 percent of the shares, ultimately acquired only 0.02 percent. Similarly, market …

President William Ruto on Tuesday rang the bell at the Nairobi Securities Exchange (NSE), officially marking the start of trading for shares offered through the Kenya Pipeline Company (KPC) Initial Public Offering (IPO). The bell-ringing ceremony, a symbolic tradition often carried out by the Head of State, celebrated the successful …

Twelve Kenyan companies have been featured among Africa’s Top 500 firms by profit and revenue, according to a new ranking published by The Africa Report. Topping the list among Kenyan companies is Safaricom, which is ranked 51st overall. It is followed by Kenya Power at position 96, Vivo Energy Kenya …

Kenya Airways has cautioned passengers travelling between Nairobi and Mumbai to expect possible baggage delays due to operational challenges caused by regional airspace restrictions and unfavorable weather conditions. In a customer advisory issued on March 8, the airline said the restrictions have forced aircraft to carry extra fuel to accommodate …

Heavy overnight rainfall in parts of Nairobi disrupted several flights operated by Kenya Airways, with some aircraft forced to divert to Mombasa due to poor weather conditions. In a customer update released on Saturday, the airline said the intense downpour affected scheduled operations at Jomo Kenyatta International Airport, resulting in …

There is a subtle but powerful branding strategy that many motorists encounter daily without necessarily thinking about it. It lies in how TotalEnergies brands its petrol stations across Kenya. Unlike many fuel stations that simply display their corporate logo, TotalEnergies takes branding a step further by adding the name of …

The Kenya Pipeline Company (KPC) Initial Public Offer (IPO) has raised Sh112.4 billion, making it one of the largest public share offerings ever recorded in Kenya, according to the National Treasury. The offer placed 11.81 billion shares on sale at Sh9 each, and strong investor interest pushed total applications to …

BAT Kenya has named Sidney Wafula as its new Managing Director, with his appointment taking effect on June 16, 2026. Wafula, who currently serves as Finance Director for BAT Sub-Saharan Africa Area, will take over from Crispin Achola, who is leaving the company after more than five years at the …

The COMESA Competition and Consumer Commission (CCCC) has approved Vodacom Group’s acquisition of a 15 percent stake in Safaricom PLC, ruling that the deal will not negatively affect competition in Kenya or the wider region. In its review, the regulator noted that mobile and broadband markets in Kenya and other …

Global communications app Truecaller has unveiled its advertising services in Kenya and South Africa as part of its broader expansion strategy across the African market. In the new setup, 365 Digital has been named the sole reseller of Truecaller’s advertising inventory in the two countries. Click here to join our …