Nairobi, May 14 -- Bonus payouts for eight chief executive officers (CEOs) of Kenya's listed banks soared 26.5 percent to reach Sh817 million on the back of record profits that also delivered higher d... Read More
Nairobi, May 13 -- Co-operative Bank of Kenya has posted a 21.2 percent growth in net profit to Sh8.4 billion in the first quarter of trading ended March 2026 on increased interest and non-interest in... Read More
Nairobi, May 12 -- The Postal Corporation of Kenya (PCK) returned to profitability in the year to June 2025, helped by the recognition of a long-standing Huduma Kenya debt of Sh1.54 billion as revenue... Read More
Nairobi, May 12 -- BAT Kenya has reversed a six-year downward trend in the number of contracted farmers and tobacco output, pointing to the effectiveness of its raft of interventions to secure raw mat... Read More
Nairobi, May 12 -- Kenya Pipeline Company (KPC) general manager for supply chain Maureen Mwenje has left the firm after 21 years of service in various roles, becoming the latest senior executive to ex... Read More
Nairobi, May 11 -- The National Treasury has allocated Sh1.125 billion to shore up capital for Consolidated Bank of Kenya, offering a boost to the State-owned lender that is currently in breach of reg... Read More
Nairobi, May 10 -- WPP-Scangroup Plc minority shareholders, including former CEO Bharat Thakrar, are seeking the ouster of the entire board of the marketing and communications firm, citing a string of... Read More
Nairobi, May 9 -- Kenya Reinsurance Corporation (Kenya Re) has been flagged for continuing to pay managing director Hillary Wachinga his full salary during a suspension period, in what the Auditor-Gen... Read More
Nairobi, May 6 -- Old Mutual General Insurance says its investment in artificial intelligence (AI) helped save about Sh400 million last year by streamlining routine tasks and flagging fictitious claim... Read More
Nairobi, May 5 -- Nearly a third of bank accounts have been closed for being inactive, freezing billions of shillings in the wake of data clean-up. Banks shut down 33.8 million accounts in the year t... Read More