https://nairobileo.co.ke/feed/business Welcome to https://nairobileo.co.ke feed url page Mon, 08 Jun 2026 02:24:26 +0300 en-US akika.digital@gmail.com hourly 1 10 https://nairobileo.co.ke/feed/business https://nairobileo.co.ke/frontend/assets/img/logo.png Welcome to https://nairobileo.co.ke feed url page https://nairobileo.co.ke/business/article/28023/how-a-sim-swap-fraudster-stole-ksh450k-from-victims-m-pesa-account https://nairobileo.co.ke/business/article/28023/how-a-sim-swap-fraudster-stole-ksh450k-from-victims-m-pesa-account A suspected SIM swap fraudster is in police custody after detectives uncovered a scheme that saw a victim lose more than Ksh450,000 from her M-PESA account without her knowledge. Sun, 07 Jun 2026 08:25:34 +0300 https://nairobileo.co.ke/business/article/28007/kra-announces-4-day-public-auction-at-icdn-jkia-and-kilindini-%5Bdetails%5D https://nairobileo.co.ke/business/article/28007/kra-announces-4-day-public-auction-at-icdn-jkia-and-kilindini-%5Bdetails%5D The Kenya Revenue Authority (KRA) has announced a four-day public physical auction scheduled to take place from June 8 to June 11. Sat, 06 Jun 2026 08:03:41 +0300 https://nairobileo.co.ke/business/article/27997/sanlam-announces-leadership-change-as-martin-oduor-takes-over-as-board-chairman https://nairobileo.co.ke/business/article/27997/sanlam-announces-leadership-change-as-martin-oduor-takes-over-as-board-chairman Sanlam Allianz Holdings has announced the retirement of Board Chairman, John Simba, and the appointment of Martin Oduor-Otieno as his successor, effective June 4. Fri, 05 Jun 2026 13:07:26 +0300 https://nairobileo.co.ke/business/article/27996/boost-for-kenya-as-south-africa-lifts-suspended-duties-on-tea-coffee-and-spices https://nairobileo.co.ke/business/article/27996/boost-for-kenya-as-south-africa-lifts-suspended-duties-on-tea-coffee-and-spices South Africa has lifted the suspended duties on Kenyan tea, coffee, and spices, restoring market access for the products under the Southern African Customs Union (SACU) tariff offer. Fri, 05 Jun 2026 12:58:13 +0300 https://nairobileo.co.ke/business/article/27985/inside-konza-technopolis-40-tonne-per-day-automated-waste-system-%5Bphotos%5D https://nairobileo.co.ke/business/article/27985/inside-konza-technopolis-40-tonne-per-day-automated-waste-system-%5Bphotos%5D The waste management facility was officially commissioned by President William Ruto in October 2025 and is designed to eliminate the need for traditional garbage collection methods. Fri, 05 Jun 2026 06:33:24 +0300 https://nairobileo.co.ke/business/article/27974/kenya-signs-6-mous-with-south-africa https://nairobileo.co.ke/business/article/27974/kenya-signs-6-mous-with-south-africa Kenya and South Africa have signed six Memoranda of Understanding (MoUs) aimed at strengthening bilateral relations between the two countries. Thu, 04 Jun 2026 15:04:25 +0300 https://nairobileo.co.ke/business/article/27962/govt-lifts-suspension-on-registration-of-new-saccos https://nairobileo.co.ke/business/article/27962/govt-lifts-suspension-on-registration-of-new-saccos The Ministry of Co-operatives and MSMEs Development has lifted the suspension on the registration of new SACCO societies. Thu, 04 Jun 2026 09:09:02 +0300 https://nairobileo.co.ke/business/article/27960/kenya-aist-inside-konzas-flagship-innovation-university-awarded-charter-by-ruto https://nairobileo.co.ke/business/article/27960/kenya-aist-inside-konzas-flagship-innovation-university-awarded-charter-by-ruto Located within Konza Technopolis, the institution is Kenya’s first public postgraduate-only university and is fully funded through scholarships. Thu, 04 Jun 2026 07:39:56 +0300 https://nairobileo.co.ke/business/article/27950/cs-opiyo-wandayi-issues-update-on-push-to-increase-electricity-costs https://nairobileo.co.ke/business/article/27950/cs-opiyo-wandayi-issues-update-on-push-to-increase-electricity-costs Wandayi explained that the decision was made following consultations within the Government and engagement with key sector stakeholders. Wed, 03 Jun 2026 14:04:48 +0300 https://nairobileo.co.ke/business/article/27926/kenha-launches-mau-summit-malaba-highway-feasibility-study-after-securing-funding https://nairobileo.co.ke/business/article/27926/kenha-launches-mau-summit-malaba-highway-feasibility-study-after-securing-funding KeNHA has secured funding to support preparations for the expansion of the Mau Summit-Eldoret-Malaba highway under a PPP arrangement. Tue, 02 Jun 2026 13:06:43 +0300 https://nairobileo.co.ke/business/article/27918/inside-kenya-railways-world-bank-plan-to-electrify-nairobi-commuter-rail-network-%5Bdetails%5D https://nairobileo.co.ke/business/article/27918/inside-kenya-railways-world-bank-plan-to-electrify-nairobi-commuter-rail-network-%5Bdetails%5D The government has unveiled plans for a transformation of Nairobi's commuter rail system through a new infrastructure programme in partnership with World Bank. Tue, 02 Jun 2026 09:47:32 +0300 https://nairobileo.co.ke/business/article/27915/bolt-addresses-viral-notice-claiming-it-will-cease-operations-in-kenya https://nairobileo.co.ke/business/article/27915/bolt-addresses-viral-notice-claiming-it-will-cease-operations-in-kenya Taxi-hailing company, Bolt, has dismissed claims circulating online that it is shutting down operations in Kenya. Tue, 02 Jun 2026 07:40:00 +0300 https://nairobileo.co.ke/business/article/27859/ruto-assents-to-3-new-bills-%5Bdetails%5D https://nairobileo.co.ke/business/article/27859/ruto-assents-to-3-new-bills-%5Bdetails%5D President William Ruto has assented to three new laws aimed at strengthening disaster response, enhancing forest conservation, and promoting equitable development. Fri, 29 May 2026 13:16:51 +0300 https://nairobileo.co.ke/business/article/27787/mbadi-explains-new-tax-policy-on-mobile-phones https://nairobileo.co.ke/business/article/27787/mbadi-explains-new-tax-policy-on-mobile-phones Mbadi explained that the Finance Bill reduces taxes on phones from 55 to 25 percent. Tue, 26 May 2026 14:45:37 +0300 https://nairobileo.co.ke/business/article/27773/ntsa-reschedules-elogbook-virtual-training-sessions-%5Bdetails%5D https://nairobileo.co.ke/business/article/27773/ntsa-reschedules-elogbook-virtual-training-sessions-%5Bdetails%5D The National Transport and Safety Authority (NTSA) has rescheduled its planned eLogbook virtual training sessions and demonstrations. Tue, 26 May 2026 07:01:47 +0300 https://nairobileo.co.ke/business/article/27747/kra-shares-steps-to-replace-an-old-number-on-itax https://nairobileo.co.ke/business/article/27747/kra-shares-steps-to-replace-an-old-number-on-itax The Kenya Revenue Authority (KRA) has shared guidance on how taxpayers can replace an old phone number linked to their iTax accounts. Mon, 25 May 2026 07:24:22 +0300 https://nairobileo.co.ke/business/article/27746/kenya-airways-flight-forced-to-turn-back-after-bird-strike https://nairobileo.co.ke/business/article/27746/kenya-airways-flight-forced-to-turn-back-after-bird-strike Kenya Airways has confirmed that one of its flights from Uganda to Kenya was forced to return to Entebbe after experiencing a bird strike shortly after takeoff. Mon, 25 May 2026 07:21:22 +0300 https://nairobileo.co.ke/business/article/27745/govt-responds-to-claims-finance-bill-2026-allows-kra-to-track-mobile-money-transactions https://nairobileo.co.ke/business/article/27745/govt-responds-to-claims-finance-bill-2026-allows-kra-to-track-mobile-money-transactions "The Finance Bill, 2026, contains no provision granting tax authorities access to personal mobile money transaction data," treasury officials stated. Mon, 25 May 2026 07:18:30 +0300 https://nairobileo.co.ke/business/article/27725/mitumba-tax-and-other-proposals-dropped-from-finance-bill-2026 https://nairobileo.co.ke/business/article/27725/mitumba-tax-and-other-proposals-dropped-from-finance-bill-2026 The proposal to increase the monthly residential rental income tax rate from 7.5% to 10% has been dropped from the Finance Bill 2026. Sat, 23 May 2026 15:29:27 +0300 https://nairobileo.co.ke/business/article/27710/govt-issues-notice-to-importers-on-mandatory-cargo-insurance-requirement https://nairobileo.co.ke/business/article/27710/govt-issues-notice-to-importers-on-mandatory-cargo-insurance-requirement The Insurance Regulatory Authority (IRA) has issued a notice to importers ahead of the rollout of a mandatory digital marine cargo insurance system set to take effect from July 1. Fri, 22 May 2026 13:55:44 +0300 https://nairobileo.co.ke/business/article/27701/ruto-announces-removal-of-duty-on-electric-vehicle-imports https://nairobileo.co.ke/business/article/27701/ruto-announces-removal-of-duty-on-electric-vehicle-imports President William Ruto has announced a temporary exemption on import duty for electric vehicles (EVs). Fri, 22 May 2026 09:38:37 +0300 https://nairobileo.co.ke/business/article/27677/kq-warns-of-flight-delays-and-cancellations-under-proposed-strategic-goods-bill-2026 https://nairobileo.co.ke/business/article/27677/kq-warns-of-flight-delays-and-cancellations-under-proposed-strategic-goods-bill-2026 Kenya Airways (KQ) has warned Members of Parliament that proposed controls under the Strategic Goods Control Bill, 2026, could worsen flight delays and cancellations. Thu, 21 May 2026 08:58:50 +0300 https://nairobileo.co.ke/business/article/27659/adan-mohamed-sworn-in-as-new-kra-commissioner-general https://nairobileo.co.ke/business/article/27659/adan-mohamed-sworn-in-as-new-kra-commissioner-general Former Industrialization Cabinet Secretary Adan Mohamed has been sworn in as the new Kenya Revenue Authority (KRA) Commissioner General. Wed, 20 May 2026 13:00:24 +0300 https://nairobileo.co.ke/business/article/27650/govt-breaks-down-ksh1102-billion-funding-gap-for-afcon-2027-stadiums https://nairobileo.co.ke/business/article/27650/govt-breaks-down-ksh1102-billion-funding-gap-for-afcon-2027-stadiums The Ministry of Sports has revealed that an additional Ksh11.02 billion is needed to complete stadium projects earmarked for the 2027 Africa Cup of Nations (AFCON). Wed, 20 May 2026 08:03:53 +0300 https://nairobileo.co.ke/business/article/27643/stanbic-bank-clarifies-appointing-new-ceo https://nairobileo.co.ke/business/article/27643/stanbic-bank-clarifies-appointing-new-ceo Stanbic Bank Kenya has dismissed claims circulating on social media suggesting that a former employee had been appointed as the lender’s new Chief Executive Officer. Tue, 19 May 2026 17:10:03 +0300 https://nairobileo.co.ke/business/article/27636/matatu-strike-suspended-for-1-week https://nairobileo.co.ke/business/article/27636/matatu-strike-suspended-for-1-week Sakaja was named the guarantor of the public transport sector stakeholders during the negotiations. Tue, 19 May 2026 13:28:26 +0300 https://nairobileo.co.ke/business/article/27627/kra-breaks-down-how-to-pay-taxes-via-m-pesa-in-4-easy-steps https://nairobileo.co.ke/business/article/27627/kra-breaks-down-how-to-pay-taxes-via-m-pesa-in-4-easy-steps The Kenya Revenue Authority (KRA) has outlined a simplified four-step process for taxpayers to pay their taxes through the iTax system using M-PESA. Tue, 19 May 2026 10:00:23 +0300 https://nairobileo.co.ke/business/article/27623/epra-announces-new-diesel-kerosene-prices-after-matatu-operators-strike https://nairobileo.co.ke/business/article/27623/epra-announces-new-diesel-kerosene-prices-after-matatu-operators-strike The Energy and Petroleum Regulatory Authority (EPRA) has announced new diesel and kerosene prices, with the changes taking effect from May 19 to June 14. Tue, 19 May 2026 07:46:12 +0300 https://nairobileo.co.ke/business/article/27597/comparative-analysis-of-fuel-prices-in-kenya-and-neighbouring-countries https://nairobileo.co.ke/business/article/27597/comparative-analysis-of-fuel-prices-in-kenya-and-neighbouring-countries Rwanda currently has the highest petrol prices in East Africa, followed by Kenya. Mon, 18 May 2026 09:34:30 +0300 https://nairobileo.co.ke/business/article/27571/woes-for-long-distance-travellers-as-2-bus-companies-increase-bus-fare https://nairobileo.co.ke/business/article/27571/woes-for-long-distance-travellers-as-2-bus-companies-increase-bus-fare The companies explained that the fare increase will help meet the increased operational costs. Sat, 16 May 2026 10:04:42 +0300