Economy, finance, market updates, and corporate developments.
Rising costs for cement, steel and transport, plus a squeezed cost of living and heavy taxation, are leaving half-built homes dotting rural Kenya, as families struggle to afford finishing their dream houses.
8 Oct 2026
Quickmart's owner, Sokoni Retail Kenya, plans to sell up to 57.5% of the supermarket chain in an NSE offer for sale launching around September 30 — giving investors a stake in a retailer that posted Sh50.4 billion in 2025 revenue.
Tanzania has overtaken Saudi Arabia as the leading source of Kenya’s monthly diaspora remittances for the first time, with August 2026 inflows reaching $11.72 million.
The Sh42 billion Bomas International Convention Centre project is racing to meet its revised December 2026 completion deadline after falling behind earlier targets, amid scrutiny over its cost, procurement and oversight.
Kenyan MPs are demanding answers from KRA and KEBS after reports that counterfeit alcoholic drinks are circulating with forged excise stamps and quality marks, raising concerns over enforcement gaps and linked cases of poisoning and death.
Two suspects have been arrested in Kisii after detectives uncovered a suspected phone theft and hacking racket at a repair shop, where more than 500 mobile phones and motherboards were reportedly found.
Garbage and raw sewage were dumped outside a business premises in Kisii town in what appears to be retaliation after the owner sought legal action against individuals who attacked him last week.
