Business

Business Bay Square (BBS) owner Abdiweli Hassan has unveiled plans to invest Sh64 billion in a 60-acre mixed-use development within Tatu City Special Economic Zone (SEZ). The ambitious project will feature residential units, offices, retail spaces, logistics hubs, green parks, and a mosque, forming part of Tatu City’s expanding master-planned …

The Kenya Revenue Authority (KRA) has notified users of a planned interruption to its Integrated Customs Management System (iCMS) on Sunday, October 12, 2025, to allow for scheduled maintenance. In a statement issued on Saturday, KRA said the system will be unavailable from 6:00 a.m. to 2:00 p.m., affecting both …

The global energy industry remains heavily dominated by Saudi Aramco, the Saudi Arabian state-owned oil giant, which continues to hold the top position as the world’s most valuable oil and gas company. As of August 6, 2025, Saudi Aramco’s market capitalisation stood at a staggering $1.565 trillion, more than three …

The Privatization Commission has officially announced the government’s plan to sell its 65 percent stake in the Kenya Pipeline Company (KPC), marking a major step in Kenya’s ongoing privatization drive. The sale follows approvals from the Cabinet, National Treasury, and National Assembly, as part of efforts to raise revenue and …

Safaricom has significantly expanded its 5G network, increasing coverage by 111.7 percent to reach 1,700 sites in the 2025 financial year, up from 803 the previous year. The milestone, detailed in the company’s 2025 Sustainable Business Report, highlights Safaricom’s push toward next-generation connectivity and efforts to future-proof its network. Click …

The Employment and Labour Relations Court has ordered the Kenya Aviation Workers Union (KAWU) and the Kenya Airports Authority (KAA) to resolve their ongoing labor dispute by Thursday, October 9, 2025, amid warnings of a looming strike. Justice Onesmus Makau directed both parties to finalize negotiations and present their areas …

The Kenya Revenue Authority (KRA) has intercepted a truck loaded with contraband cigarettes in Busia County, in a bust that could have cost the government about Sh70 million in lost customs duties and taxes. The 40-foot container was tracked along the Busia–Mumias Road during an intelligence-led operation conducted by KRA’s …

Internet provider Mawingu has raised Sh2.6 billion from Pembani Remgro Infrastructure Fund II (PRIF II) to expand affordable broadband services in unconnected and underserved areas across Africa. The company said the financing will drive its goal of connecting one million people by 2028 through acquiring smaller ISPs and investing in …

Kenyans consumed a record 414,861 metric tonnes of liquefied petroleum gas (LPG) in 2024, representing a 15 percent increase from 360,594 tonnes in 2023, the Energy and Petroleum Regulatory Authority (EPRA) has reported. The growth has been attributed to government incentives such as the zero-rating of LPG, which has lowered …

Kenya’s inflation rate rose slightly to 4.6 percent in September 2025, up from 4.5 percent in August, largely due to increases in food, electricity, and transport costs, according to the Kenya National Bureau of Statistics (KNBS). Food and non-alcoholic beverages registered an 8.4 percent year-on-year increase, while transport costs went …