Kenya
Breaking business news, investment opportunities, and market analysis from Kenya. Coverage of Nairobi, fintech, infrastructure, and East African trade.
Kenya halts rate cuts at 8.75% on oil price risk
Kenya's CBK paused its rate-cutting cycle at 8.75% after 10 consecutive cuts, citing oil price risks from the Iran war,…
Vodacom takes control of Safaricom in $1.6bn deal
Kenya's parliament approved Vodacom's $1.6bn purchase of the government's 15% Safaricom stake, giving South Africa's Vodacom 55% majority control of…
Thailand seals $4.6m in Nairobi tech deals
Thailand sealed $4.6 million in tech deals on day one of a Nairobi business matching event, with 73 Kenyan firms…
KRA puts 22 million Kenyans on WhatsApp tax
KRA's new WhatsApp chatbot Shuru targets 22.6 million potential taxpayers, cutting the filing process from eight steps to three with…
Newsletter
Airtel Africa profit triples to $813m as data beats voice
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…