Nairobi, July 28 -- KCB Bank Kenya has received Sh12.9 billion financing from the European Bank for Reconstruction and Development (EBRD) for onward lending to women and youth-led business and green e... Read More
Nairobi, July 27 -- SBM Holdings of Mauritius has made two capital injections in the last six months in its subsidiary SBM Bank Kenya totalling Sh814 million to support business growth. The holding c... Read More
Nairobi, July 23 -- Rebound in the bond and equities market has triggered talent wars among stockbrokers seeking to grow their market share and take a larger slice of revenues from trading of the secu... Read More
Nairobi, July 21 -- The family of the late billionaire poultry farmer Nelson Muguku is selling The Waterfront Karen Mall in Nairobi in a multi-billion shilling deal, marking a pivot from real estate. ... Read More
Nairobi, July 15 -- The State will withdraw the housing allowance of some Kenya Defence Forces (KDF) officers and use the funds to repay investors who bought the Sh3 billion Sukuk bond used to finance... Read More
Nairobi, July 9 -- The cumulative pre-tax profit for Kenya's commercial banks in the four months ended April rose 13.8 percent, riding on loan book growth, signalling another lucrative year for the ba... Read More
Nairobi, July 8 -- HFCB staff have joined the list of the bank's top 10 shareholders following the allocation of a Sh1 billion stake under an employee share ownership plan (Esop), which has diluted th... Read More
Nairobi, July 2 -- KCB Investment Bank and SBG Securities pocketed an estimated Sh2 billion each for their role in facilitating the Sh204.3 billion government stake sale in Safaricom to Vodacom Group ... Read More
Nairobi, July 2 -- The joint receivers of TransCentury Plc are set to raise Sh2.2 billion through the disposal of stakes in two subsidiaries - Tanelec Limited and Avery East Africa Limited - recoverin... Read More
Nairobi, July 2 -- Park and chill is a culture that started during Covid period, following government directives to close entertainment spots to contain the contagious disease, but it stuck around and... Read More