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KNH machine breaks doubled radiotherapy wait time for cancer patients

Nairobi, Dec. 9 -- The waiting time for radiotherapy services at Kenyatta National Hospital (KNH) more than doubled in the financial year ended June 2025, dealing a blow to cancer patients amid repeat... Read More


KNH cancer patients' wait time doubles on machine failures

Nairobi, Dec. 9 -- The waiting time for radiotherapy services at Kenyatta National Hospital (KNH) more than doubled in the financial year ended June 2025, dealing a blow to cancer patients amid repeat... Read More


Banks urge ninth straight cut in benchmark cost of loans

Nairobi, Dec. 5 -- Commercial banks have urged a further cut in the indicative lending rate of the Central Bank of Kenya (CBK), to help boost the pace of lending to the private sector and reduce loan ... Read More


HF employees to get 5pc stake in stock compensation scheme

Nairobi, Dec. 4 -- HF Group is set to issue 94.27 million shares to be granted to employees under its employee share ownership plan (Esop) that allows them to get up to five percent stake in the firm.... Read More


Credit Bank eyes Sh4.5bn fresh capital to comply with the new core capital rules

Nairobi, Dec. 2 -- Credit Bank is eying Sh4.5 billion fresh capital through a private placement, in the race to comply with the new capital rules that require commercial lenders to have at least Sh3 b... Read More


How stable shilling has cooled banks' forex trading fortunes

Nairobi, Dec. 1 -- The country's biggest lenders have seen a sharp fall in income from foreign currency trading, highlighting the impact of a calmer exchange rate environment on a line of business tha... Read More


Uchumi share price triples in two weeks on rare profit

Nairobi, Nov. 27 -- Uchumi Supermarkets share price has nearly tripled in 13 days of trading on the Nairobi bourse on increased speculators' interest after news that the struggling retailer had posted... Read More


ABC Bank in Sh400m rights issue to meet Sh3bn capital threshold

Nairobi, Nov. 27 -- African Banking Corporation (ABC) Bank shareholders are raising Sh400 million through a rights issue, joining the list of lenders racing against time to meet the enhanced Sh3 billi... Read More