Economy

KCB Group has posted a pre-tax profit of Sh24.4 billion for the first quarter ended March 2026, representing a 15.3 percent increase from Sh21.2 billion recorded in the same period last year. The bank attributed the strong performance to higher operating income, solid contributions from subsidiaries, and increased customer deposits, …

NCBA Group has reported a net profit of Sh6 billion for the first quarter of 2026, representing a 9 percent increase compared to Sh5.5 billion recorded in the same period last year. The lender said the improved performance was driven by higher operating income, growth in customer deposits, and expansion …

In the lush green highlands of Nandi County, a new generation of young farmers is reshaping the future of agriculture by turning farming into a profitable and modern enterprise rather than a last-resort survival activity. One of the standout examples is Modern Farmer Abel, who began his farming journey in …

TikTok has taken down 820,552 videos in Kenya during the fourth quarter of 2025 as part of its latest Community Guidelines Enforcement Report. The platform says most of the removals were done proactively, before users could report the content, highlighting its growing reliance on automated detection systems. “In the fourth …

EPRA has announced new fuel prices that will apply across Kenya from May 19 to June 14, 2026, following concerns raised by public transport operators over possible fuel adulteration caused by the large price gap between diesel and kerosene. In the latest review, diesel prices in Nairobi have dropped by …

The nationwide matatu strike remains in effect, according to operators in the transport sector, despite earlier indications from the government that progress had been made in resolving the dispute. Speaking at Transcom House on Monday, Energy CS Opiyo Wandayi said discussions had focused on concerns over fuel adulteration caused by …

The Truckers Association of Kenya has threatened to paralyse transport operations across the country starting Monday if the government fails to lower fuel prices. Association Secretary General Dennis Kilia said truck drivers and transporters are frustrated by the latest fuel price hike and warned that members are prepared to stop …

Thousands of commuters are expected to face major transport disruptions on Monday after matatu operators announced a suspension of services citing the high cost of fuel and concerns over an impending industry strike. In a notice to customers, MetroTrans EA Limited announced that all its fleets would not operate on …

The Kenya National Chamber of Commerce and Industry (KNCCI) has cautioned that the recent rise in fuel prices is likely to increase the cost of living, reduce business profits and hurt Kenya’s competitiveness within the region. In a statement, KNCCI President Erick Rutto expressed concern over the steep increase in …

Energy Cabinet Secretary Opiyo Wandayi has attributed the recent increase in fuel prices in Kenya to the ongoing crisis in the Middle East, saying disruptions in the global energy market have significantly raised the cost of importing petroleum products. Click here to join our WhatsApp Channel In a statement on …