The Business Registration Service (BRS) has announced its plans to roll out a new, automated service designed to streamline and secure the process of changing company officials. This initiative, which will see a redesign of the old system, will rely on modern tech to make these filings fast, simple, and, most importantly, more secure from fraud. The new system will deploy multi-layered verification, specifically through one-time passwords (OTPs). This automation will govern the entire end-to-end process for confirming new director appointments, managing director resignations, and facilitating the transfer of shares. Basically, when a company wants to appoint a new director…
Author: Antony Mutunga
Antony Mutunga
Antony Mutunga holds a Bachelors degree in Commerce, Finance from Jomo Kenyatta University of Agriculture and Technology. He previously worked for Altic Investment & Consultancy before he joined NBM team in 2015. His interest in writing ranges from business, economics and technology. He is also our lead researcher in matters business.
The Policyholders Compensation Fund (PCF) has officially doubled the maximum compensation payable to policyholders of collapsed insurers from Sh250,000 to Sh500,000. This policy, which takes effect from January 1, 2026, marks the first major adjustment to the compensation ceiling since the Fund’s operationalization in 2005. This move by the Board of Trustees of the PCF, established in consultation with the Cabinet Secretary for the National Treasury, aims to restore public trust in the industry. Formulated against a backdrop of recent industry challenges, this measure seeks to bolster confidence and provide stability within the insurance sector. The compensation, established in consultation…
The Pfizer Foundation has committed millions over the next three years to expand its “Action & Impact: A Cancer Care Initiative” in Kenya and Ethiopia. This investment aims to improve breast cancer outcomes by addressing late-stage diagnoses and enhancing access to care and treatment in sub-Saharan Africa. Two partnerships will be empowered by this funding to tackle this challenge: the Academic Model Providing Access to Healthcare (AMPATH) in Kenya, and Innovations in Healthcare in collaboration with the Clinton Health Access Initiative (CHAI) in Ethiopia. In partnership with their respective health ministries, they will seek to improve breast cancer care in…
Kenya Power has recorded a significant surge in electricity sales during the first five months of FY2025/2026, a promising indicator of growing energy demand and economic activity. According to the latest data from the utility firm, total units sold by the utility company reached 4,975.19 Gigawatt-hours (GWh) from July to November 2025, compared to 4,602.52 GWh in the same period in 2024. This indicates a positive trajectory for the national power distributor. The report not only reveals a rise in domestic consumption but also a dramatic shift in the regional energy trade dynamics. A closer look at the data shows…
Fuel prices in Kenya are likely to see an increase after the eight core architects of global oil policy within the Organization of the Petroleum Exporting Countries and its allies (OPEC+) decided to maintain current production levels through the first quarter of 2026. The decision, made by Saudi Arabia, Russia, the United Arab Emirates, Kazakhstan, Kuwait, Iraq, Algeria, and Oman, which account for over half of the world’s oil, cements the stance adapted in November 2025 when the group opted to temporarily suspend output increases for the quarter in response to seasonally weaker demand during the Northern Hemisphere winter. This…
Carrefour, one of the world’s largest retailers, has continued its expansion into East Africa with its official entry into Ethiopia. The French retail giant has forged a significant franchise and supply partnership with Queens Supermarket PLC, a subsidiary of the prominent Midroc Investment Group, which is one of Ethiopia’s private conglomerates. This collaboration marks a pivotal step in Carrefour’s global expansion, leveraging local expertise to introduce its renowned banners, operational know-how, and diverse product range to Ethiopia. Under this new agreement, Carrefour will work closely with Midroc to transform the latter’s existing network of stores, rebranding them under the Carrefour…
Maersk, which controls over 30% of cargo at the Port of Mombasa, has announced a notable increase in its peak season surcharge (PSS) for cargo moving from China, including Hong Kong, to key East African destinations. The revised charges, which will take effect from January 12, 2025, are aimed at sustaining service levels during high-demand periods. Shipments bound for Kenya will see the surcharge rise from Sh77,400 ($600) to Sh90,300 ($700) for a standard 20-foot dry container, while all 40-foot and 45-foot containers, including dry, high-cube, and reefers, will incur a charge of Sh154,800 ($1,200), up from Sh129,000 ($1,000). The…
After over two decades of protected trade, the sugar industry is stepping confidently onto a new regional stage. This is after the government decided to formally exit the Common Market for Eastern and Southern Africa (COMESA) Sugar Safeguard regime, which lapsed on November 30th, 2025. This marked the end of a 24-year chapter designed to stabilize and restructure the sector, which now looks ready to compete within COMESA. The safeguard, initially sought in 2001 under the COMESA Treaty, served as a critical temporary instrument. It allowed Kenya to impose restrictions on sugar imports while implementing deep structural reforms. Over eight…
As 2025 came to an end, the economy continued to be marked with a persistent rise in the cost living. This saw the inflation rate reach 4.5% in December 2925, according to data from the Kenya National Bureau of Statistics (KNBS). This figure signifies that the general price level was 4.5% higher than it had been twelve months prior. Primarily this was driven by three essential sectors that collectively held more than half of the weight in the consumer’s basket: Food and Non-Alcoholic Beverages, Transport, and Housing, Water, Electricity, Gas, and other fuels. Over the course of the year, the…
TUI Airlines Nederland has successfully secured an air service licence from the Kenya Civil Aviation Authority (KCAA) for its Amsterdam–Zanzibar–Mombasa route, mere months after being counted among a group of five firms that faced rejection. This decision opens the skies for the Dutch carrier to connect European travellers directly to Kenya’s coastal allure and Zanzibar’s shores. The journey to this approval was not without its turbulence. In June 2025, KCAA had revealed a blanket denial for several applicants, including TUI Airlines Nederland. At that time, their application for inclusive tour charters on the specific route, operating two weekly flights with…