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Tycoons in half of tenders keep names, office secret

Nairobi, Aug. 5 -- Businesses which secured over 57 percent of tenders in ministries and parastatals kept their identity, addresses and office location secret in breach of the law, raising fresh conce... Read More


Three bank CEOs face charges in Sh363m fraud suit

Nairobi, Aug. 5 -- The Office of the Director of Public Prosecutions (ODPP) on Wednesday said it will charge the CEOs of Co-operative Bank, KCB and NCBA for failing to report suspicious transactions i... Read More


KCB, fund managers to create Sh388bn fund to ease NSE investor exits

Nairobi, Aug. 5 -- A group of fund managers plans to set up a Sh388 billion ($ 3 billion) reserve aimed at buying out investors seeking to exit their stakes in firms through the Nairobi Securities Exc... Read More


Kenya's Sh63bn election Bill should worry more than just IEBC

Nairobi, Aug. 5 -- When the National Assembly's Justice and Legal Affairs Committee sent the electoral body back to the drawing board last month over its Sh63.95 billion budget for the 2027 General El... Read More


Why structured trade finance is vital for Kenya's small businesses

Nairobi, Aug. 5 -- The private sector is facing an unprecedented liquidity crisis as mounting and systemic payment delays from ministries, state corporations and county governments choke business cash... Read More


Crop, livestock insurance uptake nearly doubles to Sh2bn amid climate risk

Nairobi, Aug. 4 -- Kenyans spent Sh2.04 billion on insurance for crops and livestock, including cattle, maize, poultry, trees, and dogs, last year, nearly doubling uptake and signalling a growing appe... Read More


Investors miss top returns in infrastructure bonds tap sale

Nairobi, Aug. 4 -- Investors have been denied a premium return on the first infrastructure bond issuance in a year after the Central Bank of Kenya's (CBK) reopened papers that rank among the lowest in... Read More


The main sectors banks expect to drive Kenya's economy

Nairobi, Aug. 4 -- Commercial banks are betting on traders and builders as the country's drivers of economic expansion, channelling more than half of fresh credit into commerce and construction busine... Read More


DP World's Mombasa deal deepens Kenya footprint

Nairobi, Aug. 4 -- Dubai-headquartered ports and logistics firm DP World has inked a deal to develop an industrial park on the Kenyan coast, signalling plans to diversify into light manufacturing, war... Read More


Regulator now plans tighter data shields on offshore AI platforms

Nairobi, Aug. 4 -- Offshore artificial intelligence (AI) system providers face enhanced privacy safeguards under a new proposal aimed at holding them accountable for breaches of personal data abroad. ... Read More