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Billionaire Muthoka reaps Sh2.5bn profit from sale of airport firm

Nairobi, Sept. 28 -- Billionaire businessman Peter Muthoka sold his airport services firm Transglobal Cargo Centre (TCC) for close to twice the assets it was holding, indicating the lucrative nature o... Read More


Yusuf Omari gets top job at Absa Bank after 17 years as CFO

Nairobi, Sept. 10 -- Absa Bank Kenya has appointed its long-serving chief financial officer (CFO) Yusuf Omari as its new chief executive, replacing Abdi Mohamed who left abruptly in June to join the s... Read More


BOC's share price doubles after Carbacid withdraws buyout offer

Nairobi, July 13 -- The share price of industrial and medical gases manufacturer BOC Kenya has more than doubled since it terminated talks to be acquired by carbon dioxide manufacturer Carbacid Invest... Read More


Safaricom managers awarded Sh707 million free shares

Nairobi, July 11 -- Senior Safaricom managers were awarded 20.1 million shares with a current market value of Sh707.5 million for free in the year ended March 2026 as compensation for their past perfo... Read More