Exclusive

Publication

Byline

Location

Tujus fined Sh400,000 for defying court orders in bank receivership case

Nairobi, March 4 -- Former Cabinet Secretary Raphael Tuju and his three children have each been fined Sh100,000 for contempt of court, in a legal dispute involving the receivership of Dari Limited, a ... Read More


SGR extension to Malaba gets additional Sh14bn

Nairobi, March 4 -- The National Treasury has allocated an additional Sh14 billion to extend the standard gauge railway (SGR) from Naivasha to Malaba via Kisumu, pointing to President William Ruto's r... Read More


I&M Bank trims branch target in revised expansion plan

Nairobi, March 4 -- I&M Bank Kenya has cut its branch expansion target to 79 outlets by the end of 2026, scaling back from an earlier aspiration of reaching 100 branches as part of a three-year growth... Read More


Jubilee plans special dividend from Sh4.5bn Allianz deal

Nairobi, March 4 -- Jubilee Holdings Limited plans a special dividend from part of Sh4.5 billion expected from the sale of general insurance stakes in Kenya, Uganda, Tanzania, Burundi and Mauritius to... Read More


Lower rates save Treasury Sh54bn interest expense on domestic debt

Nairobi, March 4 -- Interest payments on the government's domestic debt fell below estimates by 11.5 percent or Sh54.04 billion in the six months to December 2025, reflecting the benefit accruing to t... Read More


KPC IPO oversubscribed, raising Sh106bn for State

Nairobi, March 4 -- The Kenya Pipeline Company's initial public offer (IPO) has received a 105.7 percent subscription⁠rate, offering the State the targeted Sh106 billion on support from Uganda a... Read More


Absa profit rises to Sh22.9bn as costs fall

Nairobi, March 4 -- Absa Bank has reported a Sh22.9 billion after-tax profit for the year ended December 2025, representing a 10 percent growth buoyed by cost-cutting. The lender's profit rose from S... Read More


Kenyan returnees from Russia face an unforgiving job market

Nairobi, March 4 -- To become the best in his field, Talo Harrison knew early on he had to learn from the best. The reasoning was simple - in a job market that churns out top graduates from local univ... Read More


Sugar prices dip sharply on ended Comesa cushion

Nairobi, March 4 -- Retail sugar prices posted their biggest month-on-month drop in nearly two years in February in the wake of the government's decision to lift long-standing import safeguards, openi... Read More


Absa lifts dividend 17pc on net profit growth to Sh22.9bn

Nairobi, March 4 -- Absa Bank Kenya has increased its dividend payout by 17.1 percent to Sh2.05 per share amounting to Sh11.1 billion on the back of a 10 percent rise in net profit for the full year t... Read More