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State to get Sh42bn from Diageo sale of EABL stake

Nairobi, May 27 -- The Kenyan government is set for a major windfall in tax revenue from the sale of Diageo Plc's 65 percent stake in East African Breweries Plc (EABL), underscoring the lucrative natu... Read More


Family Bank profit surges to Sh1.6bn on loan income

Nairobi, May 26 -- Family Bank Kenya posted a 52.4 percent jump in net profit for the first quarter of 2026, helped by strong growth in income from loans despite a decline in non-funded income. The m... Read More


Foreign firms to pay capital gains tax on sale of shares in Kenya companies

Nairobi, May 24 -- A foreign firm selling shares in a Kenyan entity abroad will be compelled to pay 15 percent capital gains tax (CGT) under changes proposed in the Finance Bill 2026, in a move that t... Read More


Former Moi's billionaire aide doubling down on big-money deals

Nairobi, May 24 -- When the Narc government rose to power, ending President Daniel arap Moi's 24-year rule, it appeared as though most of Moi's "untouchables" would also capitulate. It did not take l... Read More


Rise of Chinese tender queen clinching multibillion-shilling State deals

Nairobi, May 23 -- In Kenya's procurement arena, power is often measured by the ability to secure mega deals. For Chinese national Ying Du, however, what stands out is her ability to win both small an... Read More