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News

Business Daily
businessdailyafrica.com > bd > economy > cbk-moves-to-protect-too-important-to-fail-banks-5593844

CBK moves to rein in ‘too important to fail’ banks

35+ min ago   (593+ words) Central Bank Governor Dr Kamau Thugge. Top banks, including Equity Group, KCB Group, NCBA Group, Co-operative Bank and I&M Bank, face a shakeup in their expansion plans as the Central Bank of Kenya (CBK) moves to shield the lenders…...

Business Daily
businessdailyafrica.com > bd > corporate > enterprise > kenyans-in-diaspora-spend-a-fortune-to-ship-curtains-from-home-5540960

Kenyans in diaspora spend a fortune to ship curtains from home

2+ hour, 25+ min ago   (1078+ words) Curtains displayed at Blessed Home Curtains along Tom Mboya street in Nairobi on July 28,2026. When Mercy Akoth moved to Canada nearly three years ago, she quickly discovered that setting up a home away from Kenya came with unexpected costs, particularly…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > letters > regulating-kenya-s-too-big-to-fall-banks-right-step-5593788

Regulating Kenya’s too-big-to-fall banks right step

2+ hour, 35+ min ago   (1022+ words) Under the proposed framework, a systemic-importance score above 0.25 and/or a category score above 0.05 would indicate systemic importance. The collapse of a bank is never merely a corporate event. For a bank that is large, interconnected or critical to the…...

Business Daily
businessdailyafrica.com > bd > markets > kenya-pension-funds-shift-sh105bn-offshore-to-cut-risks-5593732

Kenya pension funds shift Sh105bn offshore to cut domestic market risks

3+ hour, 5+ min ago   (752+ words) Kenyan pension funds are moving more retirement savings into global markets, with offshore holdings rising 25 percent in the year to June,2026 to hit Sh104.99 billion as managers seek protection from domestic risks. The shift puts a growing share of workers’ retirement…...

Business Daily
businessdailyafrica.com > bd > corporate > boss-talk > james-mworia-on-plans-to-ease-the-projects-funding-pressure-5590642

James Mworia on plans to ease the projects funding pressure on Exchequer

2+ day, 22+ hour ago   (371+ words) James Mworia took up the role of founding CEO of the newly created National Infrastructure Fund (NIF) on Monday, marking his exit from Centum Investment Company after nearly 17 years. Through the fund, he aims to mobilise at least Sh400 billion annually…...

Business Daily
businessdailyafrica.com > bd > economy > kenya-factories-farms-hit-by-standards-hurdles-in-africa-5590888

Kenya factories, farms hit by standards hurdles in Africa

3+ day, 20+ min ago   (639+ words) Staff at High Chem Industrial Park in Industrial Area, Nairobi. Fragmented product standards, testing and certification are impeding a push by Kenya's factories and farms to expand exports under the African Continental Free Trade Area (AfCFTA), officials said, threatening to…...

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > ruto-fund-eyes-sh42billion-yearly-returns-from-bonds-5589592

Ruto fund eyes Sh42bn yearly returns from bonds

3+ day, 21+ hour ago   (740+ words) The National Infrastructure Fund (NIF) eyes about Sh42 billion in annual income from government securities as it seeks to create a steady financing pool for mega strategic infrastructure projects while preserving the seed capital. The NIF seed capital presently stands at…...

Business Daily
businessdailyafrica.com > bd > lifestyle > music > why-kenyan-firms-pour-millions-into-sponsorships-deals-5589460

Why Kenyan firms pour millions into sponsorships deals

4+ day, 1+ hour ago   (1217+ words) Jazz lovers enjoying performance at Kenny G’s “One Night Only” concert held at the Kenyatta International Convention Centre in Nairobi on September 27, 2025. What connects sponsorship deals in Kenya's live music scene right now is not the size of the cheque…...

Business Daily
businessdailyafrica.com > bd > economy > kemri-gets-tax-exemption-on-sh3bn-japan-research-grant-5589520

Kemri gets tax exemption on Sh3bn Japan research grant

4+ day, 35+ min ago   (399+ words) The Kenya Medical Research Institute (Kemri) Head Office in Nairobi. The National Assembly has approved tax exemptions on a Sh3 billion Japanese-funded research programme at the Kenya Medical Research Institute (Kemri). The MPs approved the recommendations of the National Assembly Committee…...

Business Daily
businessdailyafrica.com > bd > corporate > health > kenya-reviews-mounjaro-market-entry-5589556

Kenya reviews Mounjaro market entry

3+ day, 23+ hour ago   (526+ words) The Pharmacy and Poisons Board (PPB) has begun reviewing an application to register Mounjaro, a booming once-weekly injectable diabetes drug, for use in Kenya. The application was submitted by Aspen Pharmacare, a South African pharmaceutical company that has an agreement…...