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Joshua Oigara, Rebecca Mbithi take up new banking roles in shake-ups

Nairobi, Feb. 12 -- Stanbic Bank regional chief executive for East Africa Joshua Oigara has been elevated to head the lender'sparent firm Stanbic Holdings Plc,returning him to the helm of a listed ban... Read More


Kenya widens domestic debt target by Sh104bn from July

Nairobi, Feb. 12 -- The Treasury has increased its borrowing target for the financial year starting in July by Sh104.1 billion to Sh1.170 trillion, signalling mounting spending pressures amid politica... Read More


UoN leads Kenyan universities in fresh sub-Saharan Africa rankings

Nairobi, Feb. 12 -- The University of Nairobi has claimed the top position among Kenyan institutions in the inaugural QS World University Rankings for Sub-Saharan Africa, achieving an overall score of... Read More


Martin Agumbi: Why Kenya Roads Board is tapping future fuel levies now

Nairobi, Feb. 12 -- For years, the Kenya Roads Board (KRB) has largely undertaken its mandate behind the scenes, despite being at the core of the country's vast road network. But a recent decision to... Read More


Safaricom share rallies to hit Treasury's deal price

Nairobi, Feb. 12 -- Safaricom's share price has rallied to hit Sh34, the level at which the National Treasury agreed to sell a 15 percent stake in the telco to South Africa's Vodacom Group. This mean... Read More


Tatu City to add wildlife sanctuary in mixed-use zone

Nairobi, Feb. 11 -- Tatu City, a mixed-use special economic zone (SEZ) in Kiambu County, plans to establish a Sh342.53 million wildlife sanctuary as part of a strategy to promote conservation. The fa... Read More


Ossobuco: The non-premium cut that has won over Kenyans' palates

Nairobi, Feb. 11 -- Ossobuco, once a specialty dish found only in Italian restaurants, is quickly becoming a staple on Kenyan tables. What people used to order for a night out is now being made at hom... Read More


VC firm Delta40 raises Sh2.6bn to fund African startups

Nairobi, Feb. 11 -- Kenyan venture capital (VC) firm Delta40 has secured $20 million (Sh2.6 billion) to expand its financing for startups in the country and across Africa. The round drew 54 investors... Read More


Banks' lending margin widens as they squeeze depositors

Nairobi, Feb. 11 -- Commercial banks have continued to squeeze their customers for higher margins after cutting their lending rates at a slower pace compared to the returns they offer for deposits. T... Read More


Treasury in the dark over billions used on climate change fight

Nairobi, Feb. 11 -- The National Treasury is in the dark about billions of shillings spent or mobilised towards combating climate change, an audit has revealed, raising questions on accountability of ... Read More