Nairobi, May 15 -- The High Court is expected to make a ruling on Monday on whether the government's planned sale of a 15 percent stake in Safaricom Plc to parent firm Vodacom Group Limited will proce... Read More
Nairobi, May 14 -- KCB Group is seeking Sh7 billion from the disposal of 2,000 acres of land recovered from East Africa Portland Cement Company (EAPCC). The land is currently occupied by squatters, in... Read More
Nairobi, May 13 -- Safaricom raised its stake in the Ethiopian unit to 54.1 percent at the end of March 2026, following a fresh round of funding which saw the telecoms operator sink Sh21.3 billion ($1... Read More
Nairobi, May 13 -- President William Ruto and International Monetary Fund (IMF) Managing Director Kristalina Georgieva have held talks in Nairobi in the race to unlock a new funding before July. Keny... Read More
Nairobi, May 13 -- The Treasury is seeking to impose a 16 percent value-added tax (VAT) on Kenya's 42 payment platforms, such as Pesapal, Kenswitch, Airtel Money and M-Pesa, which could trigger an inc... Read More
Nairobi, May 12 -- The National Assembly Finance Committee deleted a five percent tax on Mitumba imports from a draft Finance Bill that had the backing of the Treasury and State House amid pressure to... Read More
Nairobi, May 11 -- Fuel tax cuts following the Iran war and fear of Sh35 billion revenue hole forced the Treasury to backtrack on the pledge to include income tax cuts for salaried workers earning bel... Read More
Nairobi, May 10 -- Delays in the sale of the government's 15 percent stake in Safaricom to South Africa's Vodacom in the wake of a suit are on course to gift the Treasury Sh16.1 billion in dividends. ... Read More
Nairobi, May 10 -- About 84,000 small investors bought shares on the Nairobi bourse through the M-Pesa stock-trading platform, Ziidi Trader, between February and March this year, underlining the impac... Read More
Nairobi, May 7 -- Telecoms operator Safaricom Plc on Thursday reported a 67 percent increase in full-year net profit, supported by momentum in its Kenya business, and significant loss reduction in Eth... Read More