Economy

How Ikalaasa Farmers Beat Drought With Yellow Beans

By Mercy Sila, MKU In the dry plains of Machakos County, where harsh sunshine and unpredictable rainfall often make farming difficult, a quiet agricultural transformation is unfolding in Kibauni village, Ikalaasa Location. Farmers in the area are now finding hope and improved livelihoods through the cultivation of yellow beans, locally …

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Equity Reveals Hours When Mobile Banking Will Be Unavailable

Customers of Equity Bank will experience a temporary interruption of mobile money services on several digital platforms as the lender carries out scheduled system maintenance. In a notice issued to customers, the bank announced that the maintenance exercise will take place on Saturday, June 13, 2026, between 1:00 a.m. and …

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Households and Businesses Across Kenya Struggle Under Rising Fuel Costs

By: Mercy Visikwr, MKu Kenyan households and businesses are increasingly feeling the pressure of rising fuel prices, with the effects being felt in both urban and rural areas. The steady increase in fuel costs has contributed to a higher cost of living, forcing many families and enterprises to adjust their …

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NSE Welcomes Family Bank in Major Market Expansion

Family Bank is set to officially list its shares on the Nairobi Securities Exchange (NSE) on June 23, following approval from the Capital Markets Authority (CMA). The lender will be listed through an introduction, a process that allows existing shareholders to trade their shares on the stock market without the …

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KCB Green Financing Surges to Sh48.8 Billion as Sustainable Lending Expands

KCB Group has reported a sharp rise in its green lending, disbursing Sh48.8 billion in 2025 to finance environmentally friendly projects across East Africa, surpassing its sustainability targets. The financing supported a wide range of climate-focused initiatives, including renewable energy, sustainable agriculture, green buildings, clean transport systems, water conservation and …

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Betting Firms Forced to Reapply for Licences

Kenya is preparing for a major overhaul of its gambling industry as new regulations proposed by the Gambling Regulatory Authority (GRA) introduce stricter licensing and tighter oversight of betting operators. On Monday, the National Assembly’s Committee on Delegated Legislation reviewed the draft regulations that could significantly reshape the multi-billion-shilling sector. …

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Car & General Launches Money-Saving Tuk-Tuk

Car & General has unveiled a new LPG-powered Piaggio three-wheeler in Kenya, offering transport operators a more affordable and environmentally friendly option amid rising fuel prices. The company launched the Piaggio Ape NXT+ LPG in Nairobi at an event attended by Car & General Chief Executive Officer Vijay Gidoomal and …

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Murang’a Tea Farmers Reject Proposed Export Levy

Tea farmers in Murang’a County have raised objections to a proposed 0.8 percent levy on tea exports, warning that it could make Kenyan tea less competitive in the global market. According to the farmers, the additional charge would increase export costs, potentially making tea from other producing countries more attractive …

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Amazon Moves to Launch Satellite Internet in Kenya

Global technology company Amazon has applied for regulatory approval to set up a satellite earth station in Kenya, signaling its entry into the country’s fast-growing satellite broadband sector. According to a notice published in the Kenya Gazette, Amazon Kuiper Kenya Limited has submitted an application to the Communications Authority of …

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Ruto Holds Key Meetings to Boost Kenya–Europe Trade

President William Ruto has held high-level meetings in Brussels aimed at deepening Kenya’s economic and diplomatic relations with European partners. During his visit, Ruto met King Philippe of Belgium at the Royal Palace, where the two leaders discussed ways to strengthen bilateral cooperation, with particular focus on trade, investment, and …

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