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Consolidated Bank's profits up 14-fold on cheap deposits

Nairobi, Aug. 10 -- Consolidated Bank of Kenya's net profit for the half-year to June 2026 grew 14-fold, riding on lower interest expenses following mobilisation of cheap deposits, especially from gov... Read More


Stanbic cuts interim dividend in race for capital to lift growth

Nairobi, Aug. 6 -- Stanbic Holdings Plc has cut its interim dividend payout by more than half despite its profit remaining flat as it seeks to boost capital and support growth. The listed group, affi... Read More


Karen and Lang'ata lead Nairobi land price growth

Nairobi, Aug. 5 -- Land prices in Karen and Langata grew at the fastest pace among Nairobi's suburbs and satellite towns in the year to June after a change in policy allowed construction of high-rise ... Read More


Homes, land price boom in Nairobi outskirts ends

Nairobi, Aug. 4 -- A decades-long property boom on the outskirts of Nairobi, including Kiambu, Kitengela and Ngong, is coming to an end as home prices drop and land costs soften. HassConsult, a prope... Read More


Succession mistakes that cripple family businesses

Nairobi, Aug. 3 -- "There is a difference between a family owned and a family run business," points out Florence Wanja, Head of Business and Commercial Banking at Stanbic Bank, as she responds to my q... Read More


Kenya Re faces more competition in foreign markets

Nairobi, Aug. 2 -- Listed reinsurer Kenya Re is expected to face increased competition in the international market as more countries lock premiums within their borders by increasing mandatory retentio... Read More


KCB takes Sh13 billion European bank credit to loan women and youth

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


SBM Bank receives Sh814m new capital from parent firm

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


Markets boom triggers talent war among stockbrokers

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


Mugukus in talks to sell Sh9bn Waterfront Karen mall

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