Nairobi, June 28 -- Listed agricultural firms Williamson Tea Kenya and Kapchorua Tea Kenya will dip into their retained earnings to pay larger dividends that surpass their net incomes in the year ende... Read More
Nairobi, June 22 -- Investors on the Nairobi Securities Exchange (NSE) gained Sh168.8 billion in the last one week, pushing the value of listed shares to an all-time high, on the back of positive prog... Read More
Nairobi, June 21 -- Absa Bank Kenya's share price jumped 4.59 percent on Friday, representing a gain of Sh7.33 billion as investors reacted to Absa Group Limited's bid to raise its stake in the Kenyan... Read More
Nairobi, June 21 -- Transactional advisers and other professionals facilitating the listing of Family Bank shares are in line for a Sh77.2 million payday, making them the latest beneficiaries of renew... Read More
Nairobi, June 17 -- Old Mutual Holdings lost Sh106.4 million due to fraud last year, revealing the pain cons are causing insurance companies. Fraud perpetrated by staff of the Nairobi-based insurer c... Read More
Nairobi, June 16 -- Kenya's top four banks last year made 6,058 new hires despite fears that increased digitisation in the sector would trigger job losses in an economy struggling with high unemployme... Read More
Nairobi, June 16 -- Family Bank founder Titus Muya and his associates will be free to sell their shares in the lender without restrictions once the company lists on the Nairobi Securities Exchange (NS... Read More
Nairobi, June 15 -- Mary Kageni, a homeowner in Gikambura, Kikuyu, dreads rainy seasons. Each gathering cloud signals, but the likelihood of fresh damage to her flat-roofed house. A leaking roof has b... Read More
Nairobi, June 15 -- KCB Group fired 60 employees last year as it stepped up its war on fraud, with the staff linked to schemes targeting the lender and its customers. The lender had parted ways with ... Read More
Nairobi, June 11 -- Struggling commercial banks have been given a three-year deadline extension to raise their core capital to a minimum Sh10 billion, offering reprieve to 23 small lenders that are be... Read More