Nairobi, Aug. 13 -- Kenya will need to grow its citizens' average incomes by at least 10 percent every year for the next 35 years to attain the high-income status dream outlined in President William R... Read More
Nairobi, Aug. 13 -- Businesswoman Mary Wambui Mungai has lost a bid to remove an administrator appointed by Equity Bank to manage her luxury Glee Hotel Limited over a debt of more than Sh7.75 billion.... Read More
Nairobi, Aug. 13 -- Jumia's sales in Kenya hit a record Sh6.4 billion ($49.7 million) in the three months to June 2026, as strong demand for fashion and beauty items offset a slump in smartphone sales... Read More
Nairobi, Aug. 13 -- An investment firm associated with Prime Cabinet Secretary Musalia Mudavadi is in talks to buy majority stakes in two insurance firms from South Africa's Absa Group. Absa Group on... Read More
Nairobi, Aug. 13 -- Nigerian billionaire Aliko Dangote opted for Kenya rather than Tanzania to build his Sh2 trillion refinery in Lamu, leaving Tanzanians displeased. The decision to pick Lamu is eme... Read More
Nairobi, Aug. 13 -- Kenya will need to grow its citizens' average incomes by at least 10 percent every year for the next 35 years to attain the high-income status dream outlined in President William R... Read More
Nairobi, Aug. 13 -- Investors splashed a record Sh460.4 billion for the purchase of three infrastructure bond (IFB) bonds, underlining the abundance of cash in an economy that is seeking passive inves... Read More
Nairobi, Aug. 12 -- KCB Group has increased its interim dividend by 50 percent to Sh3 per share after reporting a 14.2 percent growth in net profit in the half-year ended June. The regional lender re... Read More
Nairobi, Aug. 12 -- Advocates and certified secretaries will lose their licenses for fraudulent filings at the Business Registration Service (BRS) under a proposed code of conduct. The move also aims... Read More
Nairobi, Aug. 12 -- The Central Bank of Kenya (CBK) has lost its bid to exit a court case in which an M-Pesa user sued Safaricom over mobile money fraud. The court ruled that the CBK's role as regula... Read More