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SIC Investment plans land sale to compensate investors

Nairobi, May 5 -- Cash-strapped SIC Investment Co-operative plans to offload its undeveloped land to ease liquidity pressures and pay millions of shillings owed to investors. The co-operative, which ... और पढ़ें


Chinese company bags Sh7.5bn contract to repair the 'killer' Nithi Bridge

Nairobi, May 5 -- A Chinese firm has been awarded a Sh7.5 billion contract to realign the accident-prone Nithi Bridge, marking a major milestone for President William Ruto's administration, which has ... और पढ़ें


I&M Bank Kenya marks Sh6.5bn from bond sale to repay dollar debt

Nairobi, May 5 -- I&M Bank Kenya will use part of the proceeds from its May corporate bond to retire dollar denominated debt to the tune of $50 million (Sh6.5 billion) and mitigate the firm's exposure... और पढ़ें


The contentious issue of corporate tax residency in Kenya

Nairobi, May 5 -- Corporate tax residency is a fundamental concept that determines where a corporation is subject to tax on its income. While tax residency varies across jurisdictions, the implication... और पढ़ें


Costly divorce mistakes that can damage your finances for years

Nairobi, May 5 -- For many couples, divorce is often the first time they are forced to take a close look at their joint finances. In that moment - often rushed and emotionally charged - decisions are ... और पढ़ें


Government focuses on Afcon 2027 projects in Sh525bn budget

Tanzania, May 5 -- Dar es Salaam. The government has proposed a Sh525.3 billion budget for the ministry of Information, Culture, Arts and Sports for 2026/27, with most of the funds directed to project... और पढ़ें


Where's the truth? SHA's numbers don't add up

Nairobi, May 5 -- Kenya's new health insurer has more members, charges more money, and is losing billions. The old one, with fewer members and lower premiums, ran a surplus. When the government repla... और पढ़ें


Zanzibar budget session begins tomorrow

ZANZIBAR, May 5 -- THE third meeting of the Eleventh Zanzibar House of Representatives is scheduled to officially commence tomorrow, with discussions focusing on the government budget and other key na... और पढ़ें


IMF sets strict conditions for sovereign wealth fundPublished on: May 5, 2026 11:30 AM

Pakistan, May 5 -- The International Monetary Fund (IMF) has reportedly demanded that Pakistan implement six strict conditions to make its sovereign wealth fund fully operational, according to officia... और पढ़ें


In effort to reopen Hormuz, US taskforce reroutes ships

India, May 5 -- The United States kicked off an effort to "guide" stranded ships from the Iran-gripped Strait of Hormuz, as it tries to counter economic disruptions that outlasted the peak of fighting... और पढ़ें