High Court clears path for KSh 300B EABL-Asahi deal as Bia Tosha bid fails

The Milimani High Court has dismissed a last-minute attempt by local distributor Bia Tosha to freeze the blockbusting Ksh300 billion acquisition of East African Breweries Limited (EABL) by Japanese corporate giant Asahi Group Holdings. In a decisive ruling delivered on Tuesday, June 2, 2026, Judge Gregory Mutai threw out Bia Tosha’s urgent application to block…

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Equity bank
ITC Executive Director Pamela Coke-Hamilton alongside Equity GroupmLC CEO James Mwangi during the deal signing. Photo Courtesy

ITC, Equity Group sign deal to boost East Africa’s coffee, leather and creative Sectors

The International Trade Centre (ITC) and Equity Group Holdings PLC have signed a strategic partnership aimed at accelerating growth in East Africa’s coffee, leather and creative industries through enhanced access to finance, trade expertise and global market opportunities. The partnership, formalized through a Memorandum of Understanding (MoU), will initially be rolled out in Kenya before…

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Kenya’s Ambassador to the Netherlands, Halima Mucheke-Photo|Courtesy

Ambassador Mucheke calls for equal Africa–Netherlands partnerships in trade and climate cooperation

Kenya’s Ambassador to the Netherlands, Halima Mucheke, has called for equal and sustainable partnerships between Africa and the Netherlands, stressing the need for investment models that prioritise shared prosperity and long‑term development. Speaking after a high‑level meeting with the Dutch Minister of Trade and the African Diplomatic Corps, Amb. Mucheke said discussions focused on strengthening…

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President Willian Ruto
President Willian Ruto speaking yesterday in Mombasa. Photo Courtesy

Gov’t to waive import duty on first 100,000 electric vehicles, Says President Ruto

President William Ruto has announced that the first 100,000 electric vehicles (EVs) imported into Kenya will be exempt from import duty as part of the government’s efforts to accelerate the country’s transition to clean energy transport and strengthen the economy. The President said the tax waiver will apply to both private and commercial electric vehicles,…

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Kenya Bankers Association CEO Raimond Molenje-Photo|Courtesy

Bankers Association warns Finance Bill 2026 taxes could undermine digital payments

Kenya Bankers Association (KBA) has cautioned against new tax measures proposed in the Finance Bill 2026, warning that levies on card transactions and digital payment services could sharply raise the cost of financial services and drive more Kenyans away from formal cashless systems. Appearing before the National Assembly Departmental Committee on Finance and National Planning,…

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KEBS

KEBS initiates public consultations on new regulations targeting substandard goods, faulty testing apparatus 

The Kenya Bureau of Standards (KEBS) has initiated public consultations on a set of proposed regulations aimed at strengthening oversight in product certification, laboratory testing, and measurement systems. The draft proposals were unveiled during a stakeholder forum held in Meru, where participants raised concerns about the widespread circulation of substandard goods, inconsistent laboratory results, and…

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1 / 1 – Kenya Export Promotion and Branding Agency (Keproba) CEO Floice Mukabana speaking to the press after their forum on Wednesday..
Kenya Export Promotion and Branding Agency (Keproba) CEO Floice Mukabana speaking to the press after their forum on Wednesday. Photo Courtesy

Exporters decry high cost of production, call for reduction of tariffs to boost trade

A cross-section of Kenyan manufacturers and exporters have decried the high cost of production which they say drains their earnings. The traders now want the government to introduce incentives including lowering tariffs on most of the export products whose cost of production has been soaring. They spoke during the ‘Exporters Round Table’ talks attended by…

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FKE, CEO Jacqueline Mugo-Photo|Courtesy

Employers’ federation warns rising business costs threaten jobs and investment

The Federation of Kenya Employers (FKE) has raised alarm over the escalating cost of doing business in Kenya, warning that the trend is undermining competitiveness, discouraging investment, and threatening job creation in the private sector. In a statement, FKE said enterprises across multiple industries are struggling under increased statutory obligations, regulatory burdens, and rising operational…

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Gov’t moves to modernise county markets, boost MSME competitiveness

Cabinet Secretary (CS) for Investment, Trade and Industry Lee Kinyanjui has outlined a comprehensive government strategy to modernise county markets and strengthen support for traders and small businesses, signalling a sharper policy focus on the informal and micro-enterprise sector as a driver of economic growth. Appearing before the Senate Plenary at Parliament buildings on May…

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President William Ruto with Chinese President Xi Jinping during a state visit to China-Photo|Courtesy

Kenyan exports gain duty‑free access to Chinese market under new trade deal

Kenyan exports will now enjoy duty-free access to the Chinese market, thanks to a new zero-tariff framework under the Kenya–China Early Harvest Agreement, which took effect on May 1, 2026. This agreement promises to provide Kenyan exporters with enhanced market access, expanding trade opportunities between the two nations. The Kenya–China Early Harvest Agreement is expected…

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