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KPC sets aside 290 million shares for its staff in IPO plan

Nairobi, Jan. 21 -- Kenya Pipeline Company (KPC) staff will have a chance to own a stake in the company after its initial public offer (IPO), through an Employee Share Ownership Plan (ESOP) pool that ... Read More


Court backs UN sacoo's decision not to renew contract of chief executive

Nairobi, Jan. 21 -- The Employment and Labour Relations Court has upheld the decision of the United Nations Sacco not to renew the contract of its former chief executive officer, dismissing claims of ... Read More


StanChart Kenya CEO Kariuki Ngari to exit in April

Nairobi, Jan. 21 -- Kariuki Ngari is set to exit his role as chief executive officer of Standard Chartered Bank Kenya on April 16. The board of the lender has announced the impending exit, which will... Read More


Why billionaire Muthoka sold logistics firm for Sh5.2bn

Nairobi, Jan. 21 -- Billionaire businessman Peter Muthoka has sold his airport services firm Transglobal Cargo Centre to Istanbul-based Celebi Aviation for Sh5.17 billion ($40.1 million), marking one ... Read More


Small investors get better price in Sh110bn NCBA buyout

Nairobi, Jan. 21 -- Small investors will get a higher buyout price of Sh105 per share in Nedbank's bid for a 66 percent stake in NCBA Group, with high-net-worth investors set to get a combined price o... Read More


Court backs UN sacco's decision not to renew contract of chief executive

Nairobi, Jan. 21 -- The Employment and Labour Relations Court has upheld the decision of the United Nations Sacco not to renew the contract of its former chief executive officer, dismissing claims of ... Read More


Safaricom to roll out tokenised Wi-Fi with hourly and daily plans

Nairobi, Jan. 20 -- Safaricom plans to roll out tokenised Wi-Fi within the next month, introducing pay-as-you-go broadband options as the telco seeks to expand fixed internet access beyond higher-inco... Read More


What it will take to restore the integrity of Nairobi's buildings

Nairobi, Jan. 20 -- Nairobi's rapidly rising skyline has once again come under scrutiny following the collapse of two buildings in the early days of 2026, raising fresh concerns over construction stan... Read More


Infrastructure fund takes 33pc stake in warehouse property vehicle

Nairobi, Jan. 20 -- The Private Infrastructure Development Group (PIDG), a Western founded infrastructure development finance organisation will take up to a third of the Africa Logistics Properties (A... Read More


Kenya's debt servicing costs hit Sh942bn in first half

Nairobi, Jan. 20 -- Kenya's debt servicing costs jumped 44.1 percent in the first half of the current financial year, increasing pressure on public finances as repayments consumed more than 80 percent... Read More