Lawyers targeted in abandoned cash mop-up plan

Nairobi, Sept. 8 -- The Unclaimed Financial Assets Authority (UFAA) plans to mop up idle financial assets held by lawyers on behalf of their clients, a move likely to stir a standoff over the estimate... Read More

Rules shake-up as investors abandon Sh30bn dividends

Nairobi, Sept. 7 -- The Unclaimed Financial Assets Authority (UFAA) has lined up a raft of policy changes, including a reduction of penalties and the extension of the dormancy period, in a bid to unlo... Read More

Arthur Oginga on the firm's pricing issue, fraud challenge and plan to dispose real estate stocks

Nairobi, Sept. 3 -- Old Mutual Holdings recently disclosed that it had decided to deliberately let go of some business from its books that was poorly performing, bringing to focus the issue of price u... Read More

CBK rejects Sh20bn as bidders seek higher rates

Nairobi, Sept. 2 -- The Central Bank of Kenya (CBK) rejected Sh20.4 billion offered by investors in the two reopened September bonds as it sought to keep a lid on the government's borrowing costs in a... Read More

Civil servants pension fund lifts NSE investments, collections hit Sh60bn

Nairobi, Sept. 1 -- The civil servant's pension scheme, Public Service Superannuation Fund (PSSF), is changing its investment policy from the current 79.3 percent concentration in fixed income securit... Read More

Central Bank approves Nedbank buyout of NCBA Group

Nairobi, Aug. 31 -- The Central Bank of Kenya (CBK) has approved the 66 percent acquisition of NCBA Group by South Africa's Nedbank Group, paving the way for the conclusion of the Sh110 billion transa... Read More

Old Mutual boosted by dropped underpriced customer accounts

Nairobi, Aug. 29 -- Old Mutual Holdings net profit rose to Sh882 million in the half-year to June 2026, exceeding its 2025 full-year earnings in six months, riding on the benefits of disposing of unde... Read More

DRC biggest gainer as Equity Group hires 410 more workers

Nairobi, Aug. 27 -- Equity Group Holdings staff count rose worth by 410 employees in the three months to June 2026, even as more of its operations shift to digital platforms. The group's staff count ... Read More

Total half-year earnings up 21pc on higher fuel demand

Nairobi, Aug. 27 -- Oil firm TotalEnergies Marketing Kenya's net profit for the six months to June 2026 grew 21.2 percent, lifted by higher product sales despite expensive pump prices following disrup... Read More

NSSF reveals Sh38bn stake in Kenya Pipeline after IPO

Nairobi, Aug. 25 -- The National Social Security Fund (NSSF) pumped Sh36.3 billion into the initial public offering (IPO) of Kenya Pipeline Company (KPC), unmasking the identity of the top shareholder... Read More

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