Business

Kakuzi Plc has doubled its dividend to Sh16 per share after reporting a net profit of Sh387.5 million for the 2025 financial year. This marks a strong turnaround from the Sh131.6 million loss recorded in 2024, with total revenue rising to Sh5.4 billion. Click here to join our WhatsApp Channel …

Kenya on Monday dispatched its first batch of exports to China under the newly introduced zero-tariff agreement, a move officials say could help reduce the trade deficit and open wider markets for Kenyan products. The shipment includes fresh avocados, avocado oil, hides and skins, coffee, and green beans. These goods …

Kenya’s growing appetite for high-performance luxury vehicles has created a parallel demand for reliable, high-quality spare parts. Among the standout arrivals in the market is the BMW X6 E71 Coupe M-Package, now available as a complete unit for parts — offering a unique opportunity for garages, mechanics, and BMW enthusiasts. …

Isuzu East Africa has terminated its dealership agreement with Associated Motors Limited after nearly 50 years. In a public notice, the automaker announced that Associated Motors is no longer an authorised dealer. Customers previously served by the firm will now be redirected to other dealers within Isuzu’s network for ongoing …

The State Department for Broadcasting and Telecommunications has requested Sh853.3 million to settle outstanding payments owed to media houses and service providers. Documents submitted to the National Assembly of Kenya indicate that Sh411 million will go to Nation Media Group for advertising under the government’s MyGov weekly publication. Click here …

Consumers can breathe a sigh of relief as the prices of super petrol, diesel, and kerosene will remain unchanged in the latest Energy Petroleum and Regulatory Authority (EPRA) review covering March 15 to April 15, 2026. In Nairobi, a litre of super petrol will stay at Ksh.178.28, diesel at Ksh.166.54, …

East African Portland Cement Company has increased the price of its Blue Triangle cement by Sh10 per bag, citing rising costs of raw materials. In a notice to customers, the company said the revision applies to its 50kg Portland Pozzolanic Cement (CEM IV 32.5) and took effect on March 11, …

KCB Group reported an 11 percent increase in net profit to Sh68.4 billion for the year ending December 31, 2025, driven by growth in lending and improved revenue performance. Customer loans grew by 15 percent to Sh1.59 trillion, helping push the bank’s total revenue to Sh214 billion, up from Sh204 …

The Aga Khan Fund for Economic Development (AKFED) has revealed plans to divest its majority ownership in Nation Media Group (NMG), bringing to an end a 66-year relationship with one of East and Central Africa’s leading media organizations. In a statement released Tuesday, AKFED said it had reached an agreement …

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 …