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Ex-Scangroup boss rallies shareholders to expel CEO, board

Nairobi, June 1 -- WPP Scangroup founder and former CEO Bharat Thakrar is seeking the support of fellow minority shareholders to oust the firm's board at the annual general meeting (AGM) scheduled for... और पढ़ें


Rise in Sh1,000 banknotes in circulation

Nairobi, June 1 -- The Sh1,000 note is entrenching itself at the heart of Kenya's cash economy as notes in circulation surged to Sh388.4 billion after the new currency printing tender. Latest data fr... और पढ़ें


CBK's gold reserves value jumps fastest in over a decade to hit Sh309m

Nairobi, May 31 -- The value of gold held by the Central Bank of Kenya (CBK) jumped the fastest in over a decade to Sh309.71 million at the end of December last year, amid a rally in the global price ... और पढ़ें


NCBA Group shareholders eye up to 20pc gain as Nedbank buyout opens

Nairobi, May 31 -- NCBA Group shareholders are set for gains of up to 20.3 percent as the window of selling their holdings to South Africa's Nedbank Group opens while the stock is still trading below ... और पढ़ें


Rwanda's BK Group posts Sh2.4bn profit on higher interest income

Nairobi, May 29 -- Rwanda's commercial bank BK Group reported a 3.7 percent profit growth in the first quarter ended March, helped by higher interest income. The company, which is cross-listed on the... और पढ़ें


Co-op Bank, M-Pesa Ziidi Trader feted for financial inclusion

Nairobi, May 29 -- Co-operative Bank of Kenya and the Safaricom's M-Pesa-based stock trading platform Ziidi Trader have been recognised for their contribution to financial inclusion in Africa. At the... और पढ़ें


Workers' pain as fuel prices push inflation to 28-month high

Nairobi, May 29 -- Kenya's inflation accelerated ‌for the second month running in May, hitting its highest in more than two years, largely due to fuel price increases linked to the Iran war and ... और पढ़ें


AFC boss on using Kenya as launchpad for cross-border development

Nairobi, May 28 -- Africa Finance Corporation (AFC) is pushing for countries in Africa to move away from country-specific projects to cross-border developments if they are to realise their full econom... और पढ़ें


AFC Boss on using Kenya as Launchpad for cross-border developments oin East Africa

Nairobi, May 28 -- Africa Finance Corporation (AFC) is pushing for countries in Africa to move away from country-specific projects to cross-border developments if they are to realise their full econom... और पढ़ें


Metropolitan Sacco members take legal route to force deposit refunds

Nairobi, May 27 -- Metropolitan Sacco is facing mounting liquidity pressure as a surge in member exits forces the troubled institution to refund the withdrawing depositors following orders from co-ope... और पढ़ें