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Kiambu set for tallest building outside Nairobi

Nairobi, Sept. 3 -- Kiambu County could have the tallest building outside Nairobi after Tatu City proposed two high-rise towers, the taller rising to 30 floors, in Ruiru, opening up a race to the skie... Read More


James Ayugi: World Bank fallout puts eCitizen architect at a crossroads

Nairobi, Aug. 31 -- Before World Bank cut ties with Webmasters for listing "fake" experts for a project in Somalia, the company and its founder, James Ayugi, had already hit the headlines for the wron... Read More


Tycoons splash Sh133bn in fight for cement market

Nairobi, Aug. 27 -- Three tycoons are locked in a battle for control of East Africa's multi-billion shilling cement industry, embarking on an expansion spree that is stretching their empires across Ke... Read More


Competition Tribunal paralysis stalls Carrefour, Koko and GTB appeals

Nairobi, Aug. 26 -- Ten high-profile disputes involving firms and the Competition Authority of Kenya (CAK) have been thrown into limbo after the Competition Tribunal lost the quorum required to hear a... Read More


Sh6.2bn Telkom deal comes back to haunt investment banker

Nairobi, Aug. 23 -- Showmanship might have been John Ngumi's trademark when pursuing mega deals, but it has not helped the flamboyant investment banker shake off graft sleuths pursuing him over the Sh... Read More


BAT Kenya CEO Sidney Wafula on illicit trade, new nicotine products and tax policy

Nairobi, Aug. 20 -- Two significant changes have taken place at BAT Kenya in recent months. Chief executive Crispin Achola left the tobacco manufacturer after three years at the helm, while the compan... Read More


KCB to float first tranche of Sh300 billion bond sale in October

Nairobi, Aug. 19 -- KCB Group targets to raise Sh100 billion by October 2026 as the first tranche of a five-year Sh300 billion medium-term note (MTN) programme, setting the stage for a significantly l... Read More


DTB profit jumps to Sh6.4bn on higher revenue and cost control

Nairobi, Aug. 19 -- Diamond Trust Bank Kenya Limited (DTB) posted a Sh6.4 billion net profit in the half-year to June, on the back of strong revenue growth and tighter control of operating costs. The... Read More


Bar owners push for fresh talks on Tobacco laws amid cost concerns

Nairobi, Aug. 18 -- Bar owners want Parliament to stop the ongoing public participation exercise on the Tobacco Control (Amendment) Bill, 2024, and expand it beyond Nairobi, even as they oppose severa... Read More


CAK's Sh15 billion demand blocks Diageo's EABL sale

Nairobi, Aug. 16 -- The Competition Authority of Kenya (CAK) is demanding that East Africa Breweries Limited (EABL) establish a Sh15.5 billion reserve fund before approving Diageo's sale of 65 percent... Read More