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Sh38bn Nairobi railway hub project bets on Rwanda-style sports arena

Nairobi, Sept. 19 -- Nairobi is set for a 10,000-seater indoor sports and entertainment arena as part of a $294.49 million (Sh38.14 billion) Railway City development that will mirror Rwanda's model of... Read More


Co-op boosts dollar lending capacity with $100m currency swap

Nairobi, Sept. 17 -- Co-operative Bank of Kenya has boosted its capacity to provide long-term dollar financing to Kenyan businesses after securing a $100 million (Sh12.9 billion) currency swap program... Read More


Banks, insurers face Sh20m fines in new dirty cash fight

Nairobi, Sept. 17 -- Banks and other financial institutions face higher fines of up to Sh20 million for breaches of new terror-financing rules as Kenya races to curb suspicious financial flows. New r... Read More


Why Kenyan firms struggle to quantify climate risk

Nairobi, Sept. 17 -- Kenyan firms are making progress in recognising climate change as a business issue but are struggling to translate this concern into measurable financial and operational data, exp... Read More


Tanzania moves to enforce mandatory visitor cover as Kenya dithers

Nairobi, Sept. 16 -- Tanzania looks set to beat Kenya to the rollout of mandatory insurance for foreign visitors, with the neighbouring country gazetting rules amid court cases stalling the process in... Read More


South Africa's Vodacom Group fights to keep majority stake in Safaricom

Nairobi, Sept. 16 -- South Africa's Vodacom Group says it will file an appeal besides seeking a stay order to retain its majority ownership in Safaricom, after Kenya's High Court nullified its acquisi... Read More


Co-op Bank, NCBA join Pesalink money transfer fee cuts in retail battle

Nairobi, Sept. 16 -- Co-operative Bank and NCBA have joined other major lenders that have rolled out free transfers of up to Sh1,000 and a flat charge of Sh20 on larger Pesalink transactions, fuelling... Read More


Kimani raises Centum stake with Sh133m purchase

Nairobi, Sept. 15 -- Billionaire investor John Kibunga Kimani raised his stake in Centum Investment Company to 11.51 percent in the year ended March 2026, even as the holding of the estate of Chris Ki... Read More


How Omari made his luck, from Eastland's tarmac pitches to Absa corner office

Nairobi, Sept. 13 -- For Yusuf Omari, the journey to the CEO's office never started with a grand career plan. He was simply a boy from Umoja spending his afternoons on Eastlands' tarmac football pitch... Read More


Safaricom, banks pay 80pc of NSE dividends

Nairobi, Sept. 10 -- Banks and Safaricom accounted for 80.2 percent of the total dividends distributed by companies listed on the Nairobi Securities Exchange (NSE) in the last full financial year, mak... Read More