https://nairobileo.co.ke/feed/business Welcome to https://nairobileo.co.ke feed url page Mon, 09 Nov 2026 09:06:49 +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/31325/quickmart-reveals-number-of-shares-allocated-to-investors-ahead-of-nse-listing https://nairobileo.co.ke/business/article/31325/quickmart-reveals-number-of-shares-allocated-to-investors-ahead-of-nse-listing Quickmart PLC has announced the final allocation of 2 billion shares to investors following the conclusion of its Initial Public Offer (IPO). Sat, 07 Nov 2026 07:00:00 +0300 https://nairobileo.co.ke/business/article/31315/safaricom-appoints-boniface-mungania-as-chief-financial-services-officer https://nairobileo.co.ke/business/article/31315/safaricom-appoints-boniface-mungania-as-chief-financial-services-officer Safaricom PLC has appointed Boniface Mungania as its new Chief Financial Services Officer, effective November 1, following the receipt of all relevant regulatory approvals. Fri, 06 Nov 2026 14:18:07 +0300 https://nairobileo.co.ke/business/article/31309/kra-excludes-30-items-from-ksh2-million-cargo-clearance-framework-list https://nairobileo.co.ke/business/article/31309/kra-excludes-30-items-from-ksh2-million-cargo-clearance-framework-list The Kenya Revenue Authority (KRA) has excluded 30 categories of goods from its consolidated cargo clearance framework for consignments valued under Ksh2 million. Fri, 06 Nov 2026 09:53:44 +0300 https://nairobileo.co.ke/business/article/31291/kra-hits-several-milestones-in-october-collections-details https://nairobileo.co.ke/business/article/31291/kra-hits-several-milestones-in-october-collections-details KRA appreciated all Kenyans for remaining committed to honouring their tax obligations and supporting Kenya's economic sustainability. Thu, 05 Nov 2026 15:24:30 +0300 https://nairobileo.co.ke/business/article/31283/ruiru-thika-and-ruaka-lead-nairobi-satellite-towns-in-land-price-growth https://nairobileo.co.ke/business/article/31283/ruiru-thika-and-ruaka-lead-nairobi-satellite-towns-in-land-price-growth Ruiru, Thika and Ruaka were among the leading Nairobi satellite towns in annual land price appreciation in the third quarter of 2026, with Ruiru recording the highest. Thu, 05 Nov 2026 10:49:04 +0300 https://nairobileo.co.ke/business/article/31281/safaricom-reveals-how-much-m-pesa-generated-as-half-year-profit-hit-ksh50b https://nairobileo.co.ke/business/article/31281/safaricom-reveals-how-much-m-pesa-generated-as-half-year-profit-hit-ksh50b Safaricom PLC reported a significant increase in its half-year earnings, with profit after tax rising to Ksh50.35 billion for the six months ended September 30, 2026. Thu, 05 Nov 2026 10:16:33 +0300 https://nairobileo.co.ke/business/article/31259/ncba-confirms-completion-of-nedbanks-partial-offer-announces-board-changes https://nairobileo.co.ke/business/article/31259/ncba-confirms-completion-of-nedbanks-partial-offer-announces-board-changes NCBA Group PLC has confirmed the completion of Nedbank Group Limited’s partial offer to acquire a 66 per cent stake in the Kenyan financial services group. Wed, 04 Nov 2026 10:41:31 +0300 https://nairobileo.co.ke/business/article/31253/world-bank-upgrades-kenyas-2026-economic-growth-forecast-to-46percent https://nairobileo.co.ke/business/article/31253/world-bank-upgrades-kenyas-2026-economic-growth-forecast-to-46percent The report also raised concern over the debt levels of the country, including the reliance on domestic borrowing, which was noted to be crowding out the private sector. Wed, 04 Nov 2026 09:03:38 +0300 https://nairobileo.co.ke/business/article/31252/why-kenyas-inflation-rose-to-73percent-world-bank https://nairobileo.co.ke/business/article/31252/why-kenyas-inflation-rose-to-73percent-world-bank The World Bank has revealed that Kenya’s annual inflation rose to 7.3 percent in October 2026, up from 4.6 percent in 2025. Wed, 04 Nov 2026 08:29:22 +0300 https://nairobileo.co.ke/business/article/31251/kenya-could-have-saved-ksh116-billion-on-sgr-construction-world-bank-report https://nairobileo.co.ke/business/article/31251/kenya-could-have-saved-ksh116-billion-on-sgr-construction-world-bank-report According to the report, Kenya's Mombasa–Nairobi SGR cost approximately KSh988 million per kilometre, compared to KSh741 million for Tanzania's Dar es Salaam–Dodoma railway. Wed, 04 Nov 2026 08:10:13 +0300 https://nairobileo.co.ke/business/article/31234/uhuru-era-ps-appointed-kengen-chairman https://nairobileo.co.ke/business/article/31234/uhuru-era-ps-appointed-kengen-chairman KenGen has appointed former Principal Secretary for Infrastructure Prof. Eng. John Kipngetich Mosonik as the new Chairman of its Board of Directors. Tue, 03 Nov 2026 13:41:49 +0300 https://nairobileo.co.ke/business/article/31227/nse-lifts-suspension-of-ncba-group-shares https://nairobileo.co.ke/business/article/31227/nse-lifts-suspension-of-ncba-group-shares The Nairobi Securities Exchange (NSE) has lifted the suspension of trading in NCBA Group shares. Tue, 03 Nov 2026 10:11:47 +0300 https://nairobileo.co.ke/business/article/31218/bongobongo-launches-jetx-cash-drop-with-thousands-of-cash-prizes-up-for-grabs-in-november https://nairobileo.co.ke/business/article/31218/bongobongo-launches-jetx-cash-drop-with-thousands-of-cash-prizes-up-for-grabs-in-november BongoBongo has just announced its newest promotion, JetX Cash Drop: every Sunday and Monday this November, 383 cash prizes ranging from K10 to K200 will be given away, and the amount goes straight to the player’s balance, with no wagering requirements. Mon, 02 Nov 2026 18:24:52 +0300 https://nairobileo.co.ke/business/article/31217/jubilee-group-appoints-juan-cazcarra-as-new-ceo https://nairobileo.co.ke/business/article/31217/jubilee-group-appoints-juan-cazcarra-as-new-ceo Jubilee Group has appointed Juan Cazcarra as its new Group CEO, effective December 1, succeeding Dr. Julius Kipng’etich, who will retire on November 30. Mon, 02 Nov 2026 18:10:55 +0300 https://nairobileo.co.ke/business/article/31146/standard-group-appoints-naim-bilal-yaseen-as-new-ceo https://nairobileo.co.ke/business/article/31146/standard-group-appoints-naim-bilal-yaseen-as-new-ceo The Standard Group PLC board has appointed Naim Bilal Yaseen as the new Chief Executive Officer (CEO), effective November 1, 2026. Fri, 30 Oct 2026 09:16:08 +0300 https://nairobileo.co.ke/business/article/31099/britam-holdings-appoints-new-board-chairperson https://nairobileo.co.ke/business/article/31099/britam-holdings-appoints-new-board-chairperson Britam Holdings PLC has appointed Celestine Munda as the new Chairperson of its Board of Directors. Wed, 28 Oct 2026 09:38:43 +0300 https://nairobileo.co.ke/business/article/31093/kra-announces-new-requirement-for-importers-of-consolidated-cargo https://nairobileo.co.ke/business/article/31093/kra-announces-new-requirement-for-importers-of-consolidated-cargo The Kenya Revenue Authority (KRA) has announced a new requirement for consolidators, customs agents and importers of consolidated cargo. Wed, 28 Oct 2026 07:00:00 +0300 https://nairobileo.co.ke/business/article/31090/treasury-reveals-kenyas-public-debt-after-ksh12-trillion-rise https://nairobileo.co.ke/business/article/31090/treasury-reveals-kenyas-public-debt-after-ksh12-trillion-rise National Treasury Principal Secretary Chris Kiptoo said the debt stock increased from Ksh11.81 trillion recorded in the previous financial year, putting additional pressure on government finances. Tue, 27 Oct 2026 18:09:44 +0300 https://nairobileo.co.ke/business/article/31080/kra-rolls-out-new-cargo-tracking-system https://nairobileo.co.ke/business/article/31080/kra-rolls-out-new-cargo-tracking-system The Kenya Revenue Authority (KRA) has rolled out a new cargo tracking system aimed at improving the monitoring of goods under Customs control. Tue, 27 Oct 2026 12:52:44 +0300 https://nairobileo.co.ke/business/article/31067/kenyas-tech-sector-adapting-to-international-standards-the-country-rolls-out-5g https://nairobileo.co.ke/business/article/31067/kenyas-tech-sector-adapting-to-international-standards-the-country-rolls-out-5g Tapping into international digital standards is a marathon, not a sprint, reflecting the reality of Kenya's vibrant online economy. Mon, 26 Oct 2026 17:26:18 +0300 https://nairobileo.co.ke/business/article/31027/kengen-appoints-kibet-ronoh-as-new-managing-director-and-ceo https://nairobileo.co.ke/business/article/31027/kengen-appoints-kibet-ronoh-as-new-managing-director-and-ceo Kibet replaces Engineer Peter Waweru Njenga, who proceeds on retirement after serving as MD for three years. Sat, 24 Oct 2026 09:19:27 +0300 https://nairobileo.co.ke/business/article/31011/safaricom-addresses-disruption-affecting-m-shwari-services https://nairobileo.co.ke/business/article/31011/safaricom-addresses-disruption-affecting-m-shwari-services Safaricom has announced a service disruption affecting M-Shwari, asking customers to remain patient as the company works to resolve the issue. Fri, 23 Oct 2026 12:05:45 +0300 https://nairobileo.co.ke/business/article/30994/kra-issues-timeline-for-enforcement-of-marine-cargo-insurance https://nairobileo.co.ke/business/article/30994/kra-issues-timeline-for-enforcement-of-marine-cargo-insurance KRA announced that all cargo imported into the country must be covered by a valid Digital Marine Cargo Insurance (MCI) policy. Thu, 22 Oct 2026 16:55:30 +0300 https://nairobileo.co.ke/business/article/30982/sanlam-allianz-holdings-appoints-jacqueline-karasha-as-new-ceo https://nairobileo.co.ke/business/article/30982/sanlam-allianz-holdings-appoints-jacqueline-karasha-as-new-ceo Sanlam Allianz Holdings Kenya has appointed Jacqueline Karasha as the new Group Chief Executive Officer (CEO). Thu, 22 Oct 2026 11:45:13 +0300 https://nairobileo.co.ke/business/article/30971/nse-announces-suspension-of-ncba-shares-details https://nairobileo.co.ke/business/article/30971/nse-announces-suspension-of-ncba-shares-details NSE has announced the suspension of trading in NCBA Group PLC ordinary shares and related futures contracts from the close of trading on Wednesday. Thu, 22 Oct 2026 07:00:00 +0300 https://nairobileo.co.ke/business/article/30950/uk-government-invests-ksh194-billion-in-quickmart-ipo https://nairobileo.co.ke/business/article/30950/uk-government-invests-ksh194-billion-in-quickmart-ipo The United Kingdom's government has subscribed for shares worth US$15 million (approximately Ksh1.94 billion) in the Initial Public Offering (IPO) of Quick Mart PLC. Wed, 21 Oct 2026 07:00:00 +0300 https://nairobileo.co.ke/business/article/30885/kra-bust-woman-trying-to-smuggle-52-phones-through-jkia https://nairobileo.co.ke/business/article/30885/kra-bust-woman-trying-to-smuggle-52-phones-through-jkia KRA revealed that the suspect allegedly attempted to smuggle refurbished phones into the country without paying customs duty. Sat, 17 Oct 2026 11:37:40 +0300 https://nairobileo.co.ke/business/article/30884/3-ways-fuel-prices-can-be-reduced-ndindi-nyoro https://nairobileo.co.ke/business/article/30884/3-ways-fuel-prices-can-be-reduced-ndindi-nyoro EPRA had earlier warned that the prices could increase further in the next cycle of review. Sat, 17 Oct 2026 11:22:30 +0300 https://nairobileo.co.ke/business/article/30876/kra-issues-notice-to-kenyans-in-the-import-export-and-transport-businesses https://nairobileo.co.ke/business/article/30876/kra-issues-notice-to-kenyans-in-the-import-export-and-transport-businesses KRA announced that it will transition to the Multi-Vendor User-Owned e-Seal Framework for electronic cargo tracking on October 26, 2026. Fri, 16 Oct 2026 17:09:48 +0300 https://nairobileo.co.ke/business/article/30862/president-ruto-assents-to-bill-sustaining-8percent-vat-on-petroleum-products https://nairobileo.co.ke/business/article/30862/president-ruto-assents-to-bill-sustaining-8percent-vat-on-petroleum-products President William Ruto on Friday, October 16, signed the Tax Laws Amendment Bill 2026 into law at the Eldoret State Lodge. Fri, 16 Oct 2026 09:11:30 +0300