Nairobi, Sept. 25 -- Supermarket chain Quickmart says it relies on friendly terms from suppliers to stock its stores, a move that has seen the company avoid bank financing for working capital. The re... Read More
Nairobi, Sept. 24 -- The imminent listing of supermarket chain Quickmart is set to bring back dividends to the commercial and services segment of the Nairobi Securities Exchange (NSE), diversifying th... Read More
Nairobi, Sept. 23 -- Multinational banks operating in Kenya have failed to keep pace with the rapid expansion of their homegrown rivals, resulting in a loss of market share that has seen Standard Char... Read More
Nairobi, Sept. 22 -- Kenya Power cut its outstanding debt by Sh7.82 billion in the year ended June 2026 after paying down the last instalment of a 10-year, $350 million (Sh45 billion at current exchan... Read More
Nairobi, Sept. 22 -- The number of bank accounts holding more than Sh500,000 increased by 5.7 percent last year amid rising income inequality as top earners and firms increased their savings. Central... Read More
Nairobi, Sept. 21 -- South African multinational lender Standard Bank Group has revealed a Sh166.7 billion warchest for investments across its markets in Africa, at a time when it is looking to deepen... Read More
Nairobi, Sept. 20 -- The Nairobi Securities Exchange (NSE) recouped some of its losses on Friday after large bank stocks rallied on the day to push investor wealth back to the Sh4 trillion level. Mar... Read More
Nairobi, Sept. 18 -- Kenya Power's chief executive officer Joseph Siror's annual pay nearly doubled to Sh46.02 million in the year ended June 2026, as the company rewarded its top executive for a thir... Read More
Nairobi, Sept. 18 -- Kenya Power's chief executive officer Joseph Siror's annual pay nearly doubled to Sh46.02 million in the year ended June 2026, as the company rewarded its top executive for a thir... Read More
Nairobi, Sept. 17 -- Investor wealth at the Nairobi Securities Exchange (NSE) had dipped below the Sh4 trillion mark for the first time since crossing this milestone a month ago, weighed down by retre... Read More