Nairobi, April 27 -- APA Apollo Group has posted a 43.2 percent rise in net profit to Sh2.78 billion for the year ended December 2025 on the back of increased investment revenue. The APA Apollo Group... Read More
Nairobi, April 23 -- Maritime and transit insurance premiums grew at the slowest pace in four years in 2025, reflecting gaps in enforcing rules that require all imports to be insured locally. Fresh d... Read More
Nairobi, April 23 -- Kenya will buy an additional $25 million (Sh3.23 billion) stake in Africa Finance Corporation (AFC) as the infrastructure development-focused multilateral institution moves to set... Read More
Nairobi, April 23 -- President William Ruto and his Ugandan counterpart are in talks with Africa's richest man, Aliko Dangote, to set up a refinery in Tanzania to purify crude oil from the five East A... Read More
Nairobi, April 23 -- CIC Insurance has paid Sh1.33billion to Co-operative Bank of Kenya as partial settlement of a multibillion-shillings loan extended to it by the lender, lowering its annual debt se... Read More
Nairobi, April 22 -- A surge in medical bills, road accidents and car thefts drove insurance claims above the Sh100 billion mark for the first time last year amid fears premiums could spike. The late... Read More
Nairobi, April 22 -- Absa Bank of Kenya is ramping up investment in technology, with up to Sh3 billion annual spending to anchor its digital strategy amid growing customer preference for mobile-based ... Read More
Nairobi, April 21 -- Co-operative Bank of Kenya has signalled plans to expand into new markets and appoint a separate CEO to lead its banking unit in the country following creation of a holding compan... Read More
Nairobi, April 20 -- CIC Insurance's stake in Takaful Insurance of Africa has dropped to 7.4 percent. This is after a Djibouti-based firm, Tamini Insurance SA, acquired a 65 percent holding in Takaful... Read More
Nairobi, April 13 -- The Kenya Revenue Authority (KRA) is under scrutiny after the latest official audit revealed it offered tax compliance certificates to thousands of workers and business people wit... Read More