Business - News Light Kenya

KAM Statement on the Increase in the Cost of Fuel

18th May 2026 Kenya Association of Manufacturers (KAM) expresses deep concern over the sharp increase in fuel prices announced by the Energy and Petroleum Regulatory Authority (EPRA) on 14th May 2026. Fuel prices now stand at KSh 214.25 for Super Petrol, KSh 242.92 for Diesel, and KSh 152.78 for Kerosene, the highest ever, in Kenya’s history. Between…

Read More

James Mwangi champions technology-driven trade and inclusion at Africa CEO Forum

 Equity Group Managing Director and CEO, Dr. James Mwangi addresses guests during the tech-themed breakfast hosted by Equity Group on the sidelines of the ongoing Africa CEO Forum. Equity Group Managing Director and CEO James Mwangi has called for deeper collaboration between governments, financial institutions and technology players to unlock Africa’s digital economy and accelerate intra-African trade. Speaking during…

Read More

Visa Unveils New White Paper on Privacy and Security for Women-Led Small and Micro Businesses Using Digital Financial Services

Victor Makere, Visa Country Manager for Tanzania, Uganda, Burundi and Rwanda; Nono Malefane, Visa Senior Director of Government Engagement for Sub-Saharan Africa; Panos Loukos, GSMA Director, Financial Inclusion and Julians Amboko, Business Journalist at Nation Media Group. Nairobi, Kenya – May 18th 2026 – Visa (NYSE: V), a global leader in digital payments, in today announced the…

Read More

Kenya’s Exports Hit Ksh1.119 Trillion as KEPROBA Pushes for Expanded Global Market Access

Chief Executive Officer Floice Mukabana i yellow attire with other stakeholders pose for a photo  at the event held at Safari Park. Kenya’s exports grew by an average of 10.96 percent over the last five years to reach Ksh1.119 trillion in 2025, as the country intensifies efforts to expand global market access and strengthen export…

Read More

Middle-Income Earners Emerge as Key Revenue Drivers for NCBA Bank

NCBA-DIRECTOR-HEAD-OF-BRANCHES-RIGHT-GIFTING-A-CUSTOMER-DURING-THE-WEALTH-MANAGEMENT-ENGAGEMENT NCBA Bank has identified middle-income earners as one of its fastest-growing and most valuable customer segments, with the group now emerging as a major contributor to the bank’s revenue growth due to rising uptake of investment products and wealth management solutions. The bank said the segment, largely made up of young and digitally savvy…

Read More

GSMA Africa Policy Group Pushes for Tax Reforms to Boost Digital Inclusion

Mr. Daddy Mukadi Portrait  African governments have been urged to implement urgent tax reforms and recognise telecommunications as a key economic driver to accelerate digital inclusion and expand connectivity across the continent. Speaking during the inaugural edition of the États Généraux du Secteur des Postes et Télécommunications in Kinshasa, Democratic Republic of Congo, Daddy Mukadi…

Read More

Visa Launches AI-Powered Tools to Simplify Dispute Resolution for Banks and Merchants

Visa has unveiled six new and enhanced dispute resolution services aimed at helping merchants, issuers and acquirers reduce fraud-related losses, cut operational costs and improve customer experience through the use of artificial intelligence and advanced payment technologies. Announced in Nairobi on May 4, 2026, the new solutions are part of Visa’s broader strategy to modernize…

Read More

Visa and Ethiopian Airlines Strengthen Partnership to Expand Digital Payment Solutions

Nairobi, Kenya, April 29, 2026 — Visa, a global leader in digital payments, has inked a new agreement with Ethiopian Airlines to advance the rollout of co-branded Visa payment products, marking a significant step in their ongoing partnership aimed at modernizing travel payments across Africa. The collaboration seeks to elevate the payment experience for travelers…

Read More

Murkomen tells Uhuru to step back from politics, focus on statesmanship

Interior and National Administration Cabinet Secretary Kipchumba Murkomen has urged former President Uhuru Kenyatta to keep off active politics and instead play a statesman role by offering guidance and counsel to the country’s leadership. Speaking on today during a church service at Presbyterian Church of East Africa Ngaini in Mathira, Nyeri County, Murkomen said former…

Read More