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Landlords face mandatory listing under KRA's Sh80bn rental tax drive

Nairobi, April 30 -- Residential rental property owners could face mandatory registration on a newly rolled-out tax portal if a proposal by the Kenya Revenue Authority (KRA) is adopted. In the newly ... Read More


KMRC seeks to raise Sh3bn in green bond issue

Nairobi, April 27 -- The Kenya Mortgage Refinance Company (KMRC) is scheduled to float a sustainability bond on April 28, with a target to raise Sh3 billion, in what would mark the second green-debt i... Read More


CBK's Thugge downplays rate pressure after rise in domestic borrowing target

Nairobi, April 22 -- The government's raised domestic borrowing target for the 2025/26 fiscal year is unlikely to exert fresh pressure on interest rates, the Central Bank of Kenya (CBK) has said, noti... Read More


Kenya eyes Sh64.5bn debut green bond to plug funding deficit

Nairobi, April 19 -- Kenya will issue its debut $500 million (Sh64.5 billion) green sovereign bond before the close of the current financial year in June with the help of the World Bank. The Central ... Read More


BAT projects new nicotine pouches to contribute up to 25pc of revenues

Nairobi, March 2 -- British American Tobacco (BAT) Kenya projects that its newly reintroduced nicotine pouches will contribute up to 25 percent of its total revenues in the medium-term, buoyed by stro... Read More


EABL's Risper Ohaga appointed CEO of insurance giant APA Apollo Group

Nairobi, Feb. 25 -- East African Breweries (EABL) chief financial officer, Risper Genga Ohaga, has been appointed the Group Chief Executive Officer of APA Apollo Group, marking her return to financial... Read More


Absa Group CEO on the lender's plan for Kenya acquisitions as it steps up pan-African expansion drive

Nairobi, Feb. 19 -- Absa Group has stepped up its pan-African expansion strategy in search of a larger market share and profits. Following its 2017 separation from Barclays, the bank is consolidating ... Read More


Why Nedbank is paying a higher premium for NCBA

Nairobi, Feb. 16 -- NCBA Group's digital credit and banking services coupled with its progressive dividend payout were the key factors that saw South Africa's Nedbank offer a relatively higher premium... Read More


Absa taps M-Pesa CEO Sitoyo Lopokoiyit for Africa banking role

Nairobi, Feb. 11 -- Absa Group has appointed Sitoyo Lopokoiyit to head its private and personal banking business unit across Africa, effective April 1, 2026. Mr Lopokoiyit has been the chief executiv... Read More