business kenya Stories

Kenyan businesses optimistic of improved economic activity in Q1, 2025
Alfred Onyango  |  Jan 11, 2025

Latest CEOs and Market Perception surveys reveal a majority of private business heads are optimistic that the first three months of this year will rec...

State urged to streamline business registration, cross-county trade for economic growth
Maureen Kinyanjui  |  Jan 10, 2025

Nairobi Governor Johnson Sakaja advocated the need for more streamlined business registration procedures that would save time and reduce the cost of s...

Private sector players, govt outline path to enhance ease of doing business
Alfred Onyango  |  Jan 10, 2025

Mudavadi said the parties will in the next three months agree on a matrix highlighting an action plan.

New law prohibits lenders from using threats on borowers during loan recovery
Lucy Mumbi  |  Jan 06, 2025

The new provisions aim to curb exploitative practices in the microfinance sector, offering enhanced safeguards for borrowers and guarantors.

Eastleigh's business sector sees remarkable growth in 2024 with multiple entrants
Abdirahman Khalif  |  Jan 01, 2025

The regional business hub saw developments in banking, retail, hospitality, and real estate.

How Eastleigh businesses remained resilient in the face of Gen Z protests
Abdirahman Khalif  |  Dec 31, 2024

In the subsequent demonstrations, Eastleigh’s business community continued to focus on recovery, hoping for stability in the months ahead.

Kenya's small businesses hope for a better 2025 after struggling in 2024
Alfred Onyango  |  Dec 29, 2024

The Institute of Economic Affairs growth will remain moderate and uneven in the coming year unless significant structural reforms are implemented.

Eastleigh Business Community members attend launch of Somalia’s $3.5 billion project
Hassan Mohamed  |  Dec 20, 2024

Eastleigh Business Community Chairman Ahmed Abdullahi Yare led the delegation of 27 Kenyan businesspeople to the launch.

KBA warns 24 banks at risk of closure over proposed core capital increase
Lucy Mumbi  |  Nov 28, 2024

The debate surrounding the proposed core capital increase and the role of banks in supporting MSMEs continues to draw scrutiny from both lawmakers and...

Security officials and business leaders meet to address crime in Eastleigh 
Abdirahman Khalif  |  Nov 27, 2024

Security officials assured the community that they would take firm action against any criminal activities and ensure the safety of all residents and b...

Uber’s operations inject Sh14.1 billion into Kenya’s economy – Report
Lucy Mumbi  |  Nov 27, 2024

The report estimated that Uber's flexibility was worth Sh1.6 billion to drivers and delivery partners in 2023.

From logging to honey production: How beekeeping is saving Lamu’s mangroves forests
Farhiya Hussein  |  Nov 23, 2024

This initiative aimed to create alternative livelihoods for the Swahili-Bajuni community, traditionally known for fishing and logging.

Reformed warriors in Turkana receive Sh2.5 million to support business start-ups
Issa Hussein  |  Nov 16, 2024

The training aims to support their business ventures and promote peace at grassroots levels.

UK Deputy High Commissioner to Kenya makes a tour of Eastleigh
Mary Wambui  |  Nov 14, 2024

Barnett said he had made it a priority to visit the neighbourhood and get a feel of the community and its vast development.

Regulator pleads for state intervention as G4S plans to sack 400 workers
Maureen Kinyanjui  |  Nov 13, 2024

The company cited a reduction in business and high operating costs as key reasons behind the decision.

Traffic chaos in Eastleigh as matatus block key road in new Sacco dispute
Abdirahman Khalif  |  Nov 04, 2024

Eastleigh is currently attracting large numbers of customers who are shopping in preparation for upcoming festivities next month.

Kenya drops to sixth position in Africa trade rankings amid economic, credit challenges
Alfred Onyango  |  Nov 02, 2024

The country ranks after South Africa, Namibia, Mozambique, Tanzania and Nigeria. However, it has outperformed Ghana, Zambia, Uganda and Angola.

Tanzanian arrested for defrauding Kilifi livestock trader detained as DCI probes fraud
Joseph Ndunda  |  Oct 28, 2024

The suspects will return to court on November 13 for a determination on whether they will be charged.

[Photos] Somalia’s first bowling club opens in Mogadishu
Hassan Mohamed  |  Oct 17, 2024

As its name implies, Feynuus, which translates to "lantern light" in Somali, has been illuminating Mogadishu, with games of bowling, dominoes, cards,...

Study: Kenya’s major cities performing poorly in aiding ease of doing business
Alfred Onyango  |  Oct 12, 2024

From the findings, all the cities scored below the average mark of 0.56: Nairobi (0.37), Kisumu (0.32), Mombasa (0.30), and Nakuru (0.29).

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