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Safaricom raises dividend 67pc as profit hits Sh99.7bn

Nairobi, May 7 -- Safaricom Plc has raised its total dividend by 66.7 percent to Sh2 per share for the year ended March 31, 2026 after posting a 67.3 percent rise in net profit to Sh99.7 billion, driv... Read More


Why it makes sense to look inward for funding

Nairobi, May 7 -- Many observers did not fully grasp the symbolism and significance of the appointment of Benedict Oramah as chairman of the Governing Council of Kenya's newly created National Infrast... Read More


BAT Kenya tobacco farmers' earnings up to Sh1.4bn

Nairobi, May 7 -- Farmers contracted by BAT Kenya were paid Sh1.4 billion for their delivery of tobacco leaf last year, with their earnings from the cigarette manufacturer rising 27 percent from Sh1.1... Read More


Digital finance must move beyond access to deliver resilience

Nairobi, May 7 -- Kenya's digital finance story is often celebrated as a global benchmark for inclusion, and rightly so. Over the past decade, mobile money and digital financial services have brought ... Read More


Poor housing fuels severe malaria among Ugandan children - study

Uganda, May 7 -- Severe malaria remains a major threat to children under five in Uganda's poorest households, with delayed healthcare seeking, poor housing conditions and low caregiver education drivi... Read More


Kampala mayor Balimwezo calls for entrepreneurship training before PDM funding

Uganda, May 7 -- The Lord Mayor-elect for Uganda's capital, Kampala, Mr Ronald Balimwezo, has urged the government to make entrepreneurship training mandatory before beneficiaries can access funds und... Read More


Sh290m West Pokot bursary corruption case stalls again after third adjournment

Nairobi, May 7 -- The hearing of a high-stakes corruption case involving four senior West Pokot County government officials has once again failed to commence at the Eldoret Law Courts, marking the thi... Read More


Kenya receives Sh5.4 bn grant to cut livestock methane emissions

Nairobi, May 7 -- Kenya has received a $42 million grant, equivalent to approximately Sh5.4 billion, from the Green Climate Fund to reduce methane emissions from its dairy sector across 12 counties. ... Read More


CS Ruku finds empty government offices, locked doors in surprise Garissa visit

Nairobi, May 7 -- Public Service Cabinet Secretary Geoffrey Ruku was on Thursday shocked after witnessing poor service delivery at government offices in Garissa, the North Eastern regional headquarter... Read More


Safaricom first Kenyan firm to cross Sh100bn profit mark

Nairobi, May 7 -- A smaller loss in Ethiopia and M-Pesa's double-digit growth helped Safaricom report a 36.9 percent jump in profits, making the Kenyan unit the first to cross the Sh100 billion mark i... Read More