Economy

Truecaller Launches Advertising Platform in Kenya and South Africa

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 …

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StanChart Records Sh2.5bn Pension Charge after Kenyan Court Ruling

Standard Chartered Bank has recorded a Sh2.5 billion ($19 million) pension charge in its Kenya operations following a 2025 decision by the Retirement Benefits Appeals Tribunal favoring 629 former employees. In its latest financial statements, the bank said the rise in its global pension deficit was partly due to legal …

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Imported Luxury Car Spare Parts Now Within Reach for Kenyan Garages and Motorists

Kenyan motorists who own premium vehicles know the struggle too well — one accident, one engine failure, or one damaged suspension component can ground a car for weeks. Limited local stock, inflated prices, and incompatible parts often delay repairs and frustrate both car owners and garages. But a growing spare …

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BAT Kenya Declares Sh70 Dividend as Profit Climbs 18%

BAT Kenya has announced a dividend of Sh70 per share following an 18% increase in gross profit for the year ending December 31, 2025. The cigarette manufacturer posted a gross profit of Sh7.7 billion, up from the previous year, even as net revenue fell 10% to Sh23.2 billion from Sh25.7 …

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Kenya’s Inflation Falls to 4.3% in February

Kenya’s annual inflation rate eased to 4.3% in February, down from 4.4% in January, according to the latest data from the Kenya National Bureau of Statistics (KNBS). The slowdown was mainly influenced by price movements in Food and Non-Alcoholic Beverages (7.3%), Transport (4.0%), and Housing, Water, Electricity, Gas, and Other …

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Directline,Trident and AMACO Lead in Insurance Complaints — IRA Report

Directline, Trident Insurance and AMACO have been ranked among the most complained-about general insurers in Kenya for the third quarter of 2025, based on new figures released by the Insurance Regulatory Authority (IRA). According to the IRA’s Insurance Industry Report for January to September 2025, a total of 532 complaints …

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KCB Takes Over Sh42bn Smart Driving Licence Project from NBK

KCB Bank has assumed responsibility for the government’s Sh42 billion smart driving licence project from the National Bank of Kenya (NBK) following NBK’s acquisition by Access Bank Plc, clearing the way for the rollout of the Public-Private Partnership (PPP) initiative. The National Transport and Safety Authority (NTSA) confirmed that the …

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AA Kenya Launches Upgraded International Driving Permit to Curb Forgery

The Automobile Association of Kenya (AA Kenya) has introduced an upgraded International Driving Permit (IDP) that enables Kenyan drivers to legally operate vehicles in over 150 countries without taking local driving tests. The move comes amid rising cases of Kenyan motorists facing legal action abroad for carrying counterfeit driving permits. …

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SGR Extension from Naivasha to Kisumu Set to Begin Next Month

The Standard Gauge Railway (SGR) project extending from Naivasha to Kisumu is scheduled to officially kick off next month, with completion expected by June 2027, Kenya Railways Managing Director Philip Mainga announced. Mainga made the announcement following a consultative meeting with the National Land Commission and Kisumu County officials, where …

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KPC IPO Closes as March 9 NSE Listing Date Nears

The application window for the Kenya Pipeline Corporation (KPC) Initial Public Offer (IPO) has officially closed, marking the end of submissions for one of the country’s most highly anticipated public share sales in recent years. The Privatisation Authority had issued a final call to investors ahead of the 24th Feb, …

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