KRA Nets Ksh 13.233 Billion From Betting Firms
The Kenya Revenue Authority (KRA) netted Ksh 13.333 billion from Kenyan betting firms, a 117.2% increase…
KRA Nets Ksh 86.5 Billion From Tax Dispute Resolution Program
The Kenya Revenue Authority (KRA) has announced that it successfully unlocked Ksh 86.518 billion for collection…
End Of An Era: DStv And GOtv Owner MultiChoice Sold
French media conglomerate Canal+ has completed the full acquisition of MultiChoice Group—the parent company behind household…
Airtel Africa Reports 22.4% Surge in Revenue, Huge Junk From East Africa
Airtel Africa PLC has posted a 22.4% increase in group revenue to $1.415 billion for the…
Safaricom Shareholders To Earn Ksh 48.08 Billion In Dividends For 2025
Safaricom PLC (NSE: SCOM) has maintained a KES 48.08 billion dividend payout, following shareholder approval at…
Safaricom Hits 50 Million Users In A Journey Begun 25 Years Ago
Safaricom PLC (NSE: SCOM) has announced a historic milestone, surpassing 50 million customers across its mobile network in…
Tullow Oil Exits Kenya In $120 Million Deal With Gulf Energy, Strengthening Focus on High-Margin Global Assets
Tullow Oil plc has announced that it has signed a landmark Sale and Purchase Agreement with…
Absa Bank Opens A New Refurbished Branch In Kisumu
Absa Bank Kenya has officially opened the doors to its newly refurbished branch in Kisumu City,…
SGA Security Enters A Ksh 387.6 Million Deal With Isuzu East Africa
SGA Security has signed a strategic partnership with Isuzu East Africa to boost operational efficiency, expand…
Top 10 Most Expensive Areas In Nairobi To Live And Stay
BuyRentKenya has released its inaugural Property Price Index Report that tracks the evolving property market trends…
KRA’s Customs Has Been Collecting Ksh 3.5 Billion Daily
KRA’s Customs and Border Control (C&BC) Department recorded an accelerated growth rate of 11.1% in revenue…
Sidian Bancassurance Sweeps Three Awards At Think Business
Sidian Bancassurance Intermediary Limited, a subsidiary of Sidian Bank and a key player in delivering innovative…
Airtel Kenya’s Customers Hit 24 Million, Eats Into Safaricom
Airtel Kenya has crossed the 24 million subscriber mark as expansion plans continue. This achievement, highlighted…
Bancassurance Stakeholders Call For Regulatory Reforms To Boost Penetration And Inclusive Growth
Stakeholders in the Bancassurance sector have called for urgent regulatory reforms to match the pace of…
Central Bank of Kenya Approves LemFi Remittance To Kenya, In partnership With Choice Microfinance Bank
RightCard Payment Service Limited, trading as LemFi, is pleased to announce that it has received additional…
Fresh Del Monte Clarifies Independence Amid Del Monte Foods Bankruptcy Proceedings
Fresh Del Monte Produce Inc. (NYSE: FDP) has issued a clear statement reinforcing its independence and…
Gulf Energy Takes The Helm As Tullow Exits Kenya’s Oil Project
After years of setbacks and mounting losses, Tullow Oil has formally handed over its Kenya oil…
Gulf Energy Emerges As Rightful Buyer Of Tullow Kenya Assets Amid Strategic Exit
Tullow Oil PLC’s latest financial disclosures show why its decision to sell its Kenyan assets to…
Student Housing Pays Off As Qwetu And Qejani “Landlords” Earn Record Ksh 1.1B In 2024
Last year was good for Landlords, especially those housing university students. Landlords who own multiple hostels…
Kenya Airways Officially Commences Direct Flights To London Gatwick
Kenya Airways (KQ) has today marked a significant milestone in its expansion strategy with the official…
Liberty Kenya Donates MIT-Backed Computers And ECDE Chairs To RVIST Primary
Liberty Kenya donated desktop computers, laptops, and early childhood classroom chairs worth 350,000 to the Rift…
Kenyans To Start Shopping At Carrefour Via Uber Eats
Uber Eats has announced a partnership with Carrefour Kenya to make grocery shopping faster, easier, and…
Kenya Airways Bags Four Prestigious Wins At The 2025 World Travel Awards
Kenya Airways (KQ) has once again solidified its position as a leader in African aviation, receiving…
Family Bank Shareholders To Be Paid Ksh 1.1 Billion As Dividends
Family Bank shareholders have approved a KES 1.1 billion, KES 0.85 per Share, dividend payout for…
Java House Opens A New Outlet In Kisii, Total Hits 98
Java House, East Africa’s leading casual dining restaurant, has reached an impressive milestone of getting closer…
Kenya Airways Unveils The First Standalone And Externally Verified Sustainability Report In Africa
Kenya Airways has made history by becoming the first organisation on the continent to launch the…
Panic As Kenyans Are Unable To Either View Statements Or Withdraw From Ziidi
Kenyans have massively taken to the social media platform, X (Twitter), to air their frustrations after…
KRA Targets VAT As Leading Tax Head Through Digital Reforms
Kenya Revenue Authority (KRA) has reaffirmed its commitment to transforming tax administration through digital innovation, with…
Air France Deploys Airbus A350 To Paris–Nairobi Route
Air France has introduced the Airbus A350-900 on its Paris–Nairobi route, reinforcing its strategic commitment to…
Kenafric Responds To Public Concerns over Baba Dogo Land Repossession
Kenafric Properties has addressed public concerns following the recent repossession of a parcel of land in…
Family Bank Opens A New Branch In Kilifi
Family Bank has expanded its national footprint with the opening of its 96th branch in Kilifi…
Family Bank Moves Its Ngara Branch To Park Road
Family Bank has relocated its Ngara Branch to the ground floor of Blue Hut Hotel on…
You Need At Least 12 Licenses To Start A Hotel In Kenya
Every permit and license needs money. In most cases, before even getting the same permit or…
Carrefour Marks its 9th Year Anniversary In Kenya With Ksh 20 Million Customer Reward Campaign
Carrefour, which Majid Al Futtaim owns the exclusive rights to operate in Kenya, is celebrating its…
UBA Kenya Appoints George Otieno As Board Chairman
UBA Kenya Bank has appointed George O. Otieno as the board chairman following regulatory approvals. The…
I&M Group Posts 16% Increase In Profit Before Tax For Q1 2025
Following a strong full-year performance in 2024, I&M Group PLC posted a 16% growth in Profit…
Absa Makes Ksh 6.2 Billion In First 3 Months Of 2025
Absa Bank Kenya PLC has reported a 4% growth in net earnings to Kshs. 6.2 billion…
Carrefour Kenya Rolls Out Deals From As Low As Ksh 9 As It Marks 9 Years
If you want to do some shopping, in line with the current hard economic times where…
Carrefour Kenya Opens First 24-Hour Outlet In Mombasa CBD
Carrefour in Kenya has opened its 29th store in the country at Sea Angel Mall on…
Family Bank Set To List Shares At The NSE As 3-Month Profit Ups 15%
Family Bank Group has reported a 15.4% increase in Profit Before Tax to KES 1.5 billion for…
Mi Vida Set To Construct A 24-Storey Mixed Use Building Along Ralph Bunche Road
Property developer, Mi Vida Homes, has signed a strategic partnership with Space Master Properties for the…
I&M Group PLC Completes 4.19 Billion Capital Raise From East Africa Growth Holdings
I&M Group PLC has completed the capital raise of Ksh 4.19 billion from the sale of…
We Were Not Aware Of Any Construction Inside Ngong Forest – I&M Foundation
I&M Bank and I&M Foundation have come out to set the record straight, saying they were…
Epson’s Heat-Free EcoTank And Fiery Power FY24 Growth And Profit Surge
Global Technology Company Epson announced a 38.4 percent growth in profit for the financial year ended 31…
Sidian Bank Relocates Its Buruburu Branch To Attract More Customers
Sidian Bank Limited has relocated its Buruburu branch to a more central and accessible location convenient…
Aviation Sector Contributes About Ksh 425 Billion To Kenya’s Economy – IATA
A newly released “Value of Air Transport” study by the International Air Transport Association (IATA) has…
History Made As Kenya Hosts The First IATA Ground Handling Conference In Africa
Kenya is poised to make aviation history as it hosts the 37th International Air Transport Association…
How Safaricom Made Ksh 388.7 Billion In Last Financial Year
Safaricom PLC (NSE: SCOM) has announced an 11.2% growth in total revenue to KES 388.7 billion ($3…
KRA’s Revenue Surpasses The Two Trillion Mark, Records 6.1% Growth
Kenya Revenue Authority (KRA) has hit the two trillion mark after collecting Ksh 2.112 trillion as…
Job Creation Quickens As April PMI Hits A 27-Month High
Growth momentum in Kenya accelerated even further in April, according to the Stanbic Bank Kenya PMI®,…
KCB And Centum Real Estate To Support Homeownership Uptake
KCB Bank Kenya and Centum Real Estate Limited have partnered to make home ownership more affordable…
Kenyans Go Ham On Buying Properties In Nairobi Satellite Towns, Leading To A Sharp Price Increase
Nairobi’s satellite towns grew at the fastest pace in two and a half years, on rising…
Air France Appoints Joris Holtus As General Manager For East And Southern Africa, Nigeria And Ghana
Air France-KLM has announced the appointment of Joris Holtus as General Manager for East and Southern…
How Kenya Pipeline Has Reshaped Kenya’s Energy Infrastructure
The Kenya Pipeline Company (KPC), established in 1973, has been instrumental in shaping Kenya’s energy infrastructure…
LG Goes Big On Easter, Offers Customers Up To 20% In Discounts
LG Electronics (LG) East Africa has announced an exclusive Easter campaign dubbed ‘Forget the Bunny, Get the…
Absa Bank Kenya Unveils 110% Home Loan Financing
Absa Bank Kenya has unveiled an enhanced home loan solution offering 110% financing to help Kenyans…
Jubilee Health Insurance Reports 142% Profit Surge In 2024
Jubilee Health Insurance Limited (JHIL), a subsidiary of Jubilee Holdings, has announced stellar financial results for…
Jubilee Insurance Profits Hit Ksh 6.2 Billion, Gross Written Premiums Up To Ksh 53 Billion
Jubilee Holdings has recorded a Profit Before Tax (PBT) of Ksh 6.2 billion for the year…
Sidian Bank Relocates Its Kitui Branch, Centers It To Enhance Visibility
Sidian Bank Kenya Limited- one of the fastest growing Tier 3 Banks in Kenya, today relocated…
Liberty Kenya’s Profits After Tax Ups By Record 109%
Liberty Kenya Holdings Plc posted a 108.5% increase in Profit after Tax to Kshs 1.402 billion…
CIC Group’s Profit Before Tax Up 57%, Ends The Year At Ksh 3.99 Billion
CIC Insurance Group Plc is pleased to report a Profit Before Tax of Ksh 3.99 billion…
Family Bank’s Profits Surged 38% To Close At Ksh 3.4 Billion
Family Bank Group’s Profit after tax surged by 38 percent from 2.5 billion shillings to close…
Britam’s Pre-Tax Profits Up 52% To Close The Year At Ksh 7.3 Billion
Britam Holdings Plc has posted a 52 percent rise in pre-tax profit to 7.3 billion shillings…
I&M Group Profits For The Year Hit 20.8 Billion, Up 25%
I&M Group PLC has recorded a Profit Before Tax of KES 20.8 billion for the period…
Standard Chartered Bank’s Profits Hit Ksh 20 Billion
Standard Chartered Bank posted a profit after tax of 20 shillings billion in 2023, marking a…
Absa Kenya Delivers 28% Growth In Net Profit To Kshs 20.9 Billion In 2024
Absa Bank Kenya PLC has announced improved financial results for the year ended 31 December 2024,…
Old Mutual’s Profit After Tax For 2024 Hits Ksh 1.1 Billion
The Old Mutual Group announced a KES 1.1 billion increase in profit after tax from continuing…
Rubis To Pump Ksh 6 Billion Into National Oil’s Resurrection Plan
Rubis Energy Kenya has expanded its petroleum product market share by bailing out the National Oil…
LG Customers To Get Up To 20% Discounts At Carrefour Outlets
LG Electronics (LG) East Africa, in partnership with Carrefour, has launched an exclusive shopping campaign featuring…
Carrefour Launches A 24-Hour Delivery Service for Unparalleled Convenience
Carrefour, which Majid Al Futtaim owns the exclusive rights to operate in Kenya, announces the launch…
RUBiS Energy Kenya Takes Over National Oil Corporation
The National Oil Corporation of Kenya Ltd (NOC) has entered into a strategic partnership with RUBiS…
GlaxoSmithKline Limited Officially Rebrands To Haleon Kenya Limited
GlaxoSmithKline Limited (GSK) in Kenya has officially changed its legal entity name to Haleon Kenya Limited.…
Vivo Energy Kenya To Secure 69 State-Of-The-Art Hyundai Tucson Vehicles
Stanbic Bank Kenya has financed a significant fleet acquisition deal, enabling Vivo Energy Kenya to secure…
Telkom In A Key Ksh 568 Million Partnership With Two Other Companies
Technology company Telkom Kenya has signed a Memorandum of Understanding with mobile equipment vendors Rakuten Symphony…
US Stocks Wipe Out USD 4 Trillion In Less Than A Month, USD 1.7 Trillion In A Single Day
President Donald Trump’s policies have continued to wreck havoc on the US Stocks, whipping out trillions…
Kenya’s Private Sector Continues To Eke Out Marginal Growth – Stanbic PMI
Kenyan businesses reported another improvement in operating conditions in February, continuing the growth streak that began…
Gender Equality Bells Dominate The NSE To Mark Women’s Day
To mark International Women’s Day, the Nairobi Securities Exchange (NSE), in collaboration with the International Finance…
Kenya’s GDP Expected To Grow At 4.9% In 2025 – Absa Bank
Kenya’s GDP is expected to grow at 4.9 percent in 2025, characterized by sectoral rotation from…
Kenyan Government Issues A New Eurobond To Buy Back An Old One
Kenya announced the plan of buying back the 7-year tenor USD 900.0 million Eurobond tenders issued in…
How Blackouts Are Affecting Real Estate In Kenya
For the past two decades, the Kenyan real estate market has grown exponentially as evidenced by…
KRA Sets Up An MSME-Only Department For Micro Taxpayers
Kenya Revenue Authority (KRA) has established a new department named the Micro & Small Taxpayers (MST)…
How Agency Banking Is Transforming Financial Access In Developing Countries
The journey toward financial inclusion begins with trust. For individuals unfamiliar with formal financial systems, having…
Stanbic Bank’s Profits Hit Ksh 13.7 Billion, A 13% Increase
Stanbic Holdings Plc has reported a 13% increase in Profit after Tax to KES 13.7bn for…
Family Bank Relocates Kisii Branch To Zonic Hotel Along Hospital Road
Family Bank has strengthened its presence in Kisii by relocating its branch to Zonic Hotel along…
I&M Bank In A Race To Open 9 New Branches Before End Of March
I&M Bank is accelerating its retail expansion under the iMara Strategy (2024-2026) with plans to unveil…
Absa Bank Kenya To Offer Tilisi Homeowners 9.5% Mortgage Rate
Absa Bank Kenya hosted an open day at Maisha Developments in Tilisi, Limuru to engage with…
Uganda Accused Of Dumping Cheap Chicken Into Kenyan Market
Kenya’s poultry farmers are furious with Farmers Choice Limited (FCL) for importing cheap chicken from Uganda…
Firms In The Shadows Earned Ksh 1.45 Billion From eCitizen
Unknown private firms with unknown directors, totally operating from the shadows, purporting to run the Kenyan…
Spiro Kenya Becomes First EV Player To Issue A Shari-Compliant Product
What’s the first thing that pops into your head when you hear “Sharia-Compliant”? Be honest. You…
Absa Bank Launches A Product For Those Earning Ksh 150,000 And 500,000
Absa Bank Kenya has launched an enhanced Prestige Banking offering, a financial proposition designed for salaried…
Epson Appoints Junkichi Yoshida As New President
Global Technology company Seiko Epson Corporation [Epson] has announced the appointment of Junkichi Yoshida as President and Chief Executive…
Naivas Supermarket Outlets Reach 110 With Latest One At Tatu City
Naivas Supermarket has opened its 110th in Kenya in Kenya at Tatu City – further expanding…
Kenya Airways Gets A New Boeing 737-800, Takes The Fleet To 35
Kenya Airways (KQ) has expanded its fleet with the addition of a Boeing 737-800, taking its…
BAT Denies Owing KRA Ksh 9.6 Billion In Taxes
British American Tobacco (BAT) Kenya has dismissed allegations of financial discrepancies highlighted in a report by…
Police Sacco’s Profits Hit Ksh 2.51 Billion, Interest Revenue At Ksh 8.66 Billion
The Kenya National Police DT Sacco has released its financial results for the previous year, showcasing…
KRA’s VAT Collection For January Hits A Historic High Ksh 34.5 Billion
Kenya Revenue Authority’s gross VAT collection reached a historic monthly revenue of Ksh 34.552 billion in…
Kenya’s Diaspora Remittances Dipped By Ksh 2.3 Billion In January
Remittances from Kenyans living abroad declined in January 2024, falling by KSh2.3 billion compared to December…
UBA Kenya Moves To Cut Lending Rates To Cushion Borrowers
UBA Kenya has lowered its lending rate from 16.22 percent to 14.79 percent in a major…
Absa Bank Borrowers To Enjoy 3% After Lending Rate Cut
Absa Bank Kenya has cut its lending rate with the biggest margin of 3 percent for…
I&M Bank Joins Others In Cutting Lending Rates By 2%
After reducing lending interest rates by 0.75% in the 4th quarter of 2024, I&M Bank has…
Equity Bank Cuts Lending Rate By 3%
Equity Bank (K) Ltd is pleased to announce a reduction in interest rates on all new…
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