Nairobi, June 2 -- The Central Bank of Kenya (CBK) will add platinum and silver to its reserves as it looks to diversify from foreign currency and gold, which is the only commodity in its vaults. The... Read More
Nairobi, June 1 -- About 90 percent of the top owners of Kenya Pipeline Company (KPC) Plc bought their shares through proxies during the firm's initial public offering (IPO), keeping the identity of t... Read More
Nairobi, May 31 -- Commercial banks are squeezing depositors in the race to grow profits as they cut interest on savings by larger margins compared to lending rates. Central Bank of Kenya (CBK) data ... Read More
Nairobi, May 28 -- The Kenya Revenue Authority (KRA) collections have deteriorated following wider missed targets amid pressure to cut taxes on key income heads like pay-as-you-earn (PAYE), which coul... Read More
Nairobi, May 27 -- National carrier Kenya Airways (KQ) added 430 staff members to its workforce last year against reduced operations, which resulted largely from the grounding of aircraft in the perio... Read More
Nairobi, May 27 -- The value of the corporate bond market has soared four times in the past year, following a series of issuances driven by renewed investor interest and a rebound in debt-raising acti... Read More
Nairobi, May 27 -- National carrier Kenya Airways added 430 staff last year despite reduced operations, largely resulting from the grounding of aircraft during the period. The airline's workforce rea... Read More
Nairobi, May 27 -- The value of the corporate bond market has soared four times in the past year, following a series of issuances driven by renewed investor interest and a rebound in debt-raising acti... Read More
Nairobi, May 26 -- I&M Group has posted a 20.2 percent jump in net profit in the first three months of the year to Sh4.7 billion, driven by higher interest income. The lender's net income rose from S... Read More
Nairobi, May 26 -- Standard Chartered Bank Kenya has posted a 26.3 percent drop in profit for the first three months of the year through to March 2026 on lower lending margins, bucking the trend of ea... Read More