Nairobi, Feb. 11 -- Absa Group has appointed Sitoyo Lopokoiyit to head its private and personal banking business unit across Africa, effective April 1, 2026. Mr Lopokoiyit has been the chief executiv... Read More
Nairobi, Feb. 11 -- CIC Insurance Group has raised Sh1.8 billion from the sale of 150 acres in Kiambu and Kajiado Counties, boosting its liquidity and unlocking gains from its portfolio of investment ... Read More
Nairobi, Feb. 11 -- Kenyan venture capital (VC) firm Delta40 has secured $20 million (Sh2.6 billion) to expand its financing for startups in the country and across Africa. The round drew 54 investors... Read More
Nairobi, Feb. 11 -- Commercial banks have continued to squeeze their customers for higher margins after cutting their lending rates at a slower pace compared to the returns they offer for deposits. T... Read More
Nairobi, Feb. 11 -- The National Treasury is in the dark about billions of shillings spent or mobilised towards combating climate change, an audit has revealed, raising questions on accountability of ... Read More
Nairobi, Feb. 11 -- The High Court has ordered Mayfair CIB Bank to provide one of its customers, Akshar Industries, with a full and accurate statement of accounts following allegations of predatory le... Read More
Nairobi, Feb. 11 -- Machakos County government has been faulted for unfairly terminating the services of a county executive committee member for allegedly stating that governor Wavinya Ndeti's governm... Read More
Nairobi, Feb. 11 -- Stima DT-Sacco has restructured its insurance subsidiary from an insurance agent into a fully fledged broker to negotiate offers for its members. Mpawa Insurance Brokerage was for... Read More
Nairobi, Feb. 11 -- US billionaires Warren Buffett and Bill Gates have eased the pains in Kenya's cash-starved public health after offering a grant of Sh30 billion for the national budget for the year... Read More
Nairobi, Feb. 11 -- UK-based Circle Gas is leaning heavily on financing from I&M Bank Kenya to support its Kenyan subsidiary M-Gas, even as the group seeks to raise an additional $20 million (Sh2.5 bi... Read More