Investment bank says Treasury selling Safaricom shares at 15.4pc discount

Nairobi, Dec. 8 -- Standard Investment Bank (SIB) says the National Treasury is selling its 15 percent stake in Safaricom at a discount of 15.4 percent, based on comparisons of recent transactions of ... Read More

You only need one teaspoon of salt per day..

Nairobi, Dec. 8 -- During this holiday season, nyama choma will be on most tables, often served with a little extra salt for more flavour. It may seem harmless to sprinkle 'just a bit more.' Still, n... Read More

Kenya's 5G subscribers hit 1.5 million as adoption accelerates

Nairobi, Dec. 8 -- The number of mobile subscribers connected to the fast fifth-generation (5G) network grew 19.96 percent during the three months to September, rising to 1.5 million up from 1.2 milli... Read More

Gulf Energy pushes for railway transport of Turkana crude oil

Nairobi, Dec. 7 -- Gulf Energy wants the government to extend the railway to Lokichar in Turkana County by 2030 to transport crude oil to the port of Mombasa, marking a departure from the State's earl... Read More

Why banks hold the key to fixing Kenya's insurance trust issue

Nairobi, Dec. 7 -- Trust is the bedrock of economic growth, the efficient functioning of institutions, and social cohesion. In financial services, it is the invisible currency that underpins every tra... Read More

Visa Launches Global Art Collection to Elevate Creators and Celebrate the FIFA World Cup 26

MIAMI, Dec. 5 -- Visa today unveiled the first five pieces in its first-ever global art collection celebrating the cultural energy of the FIFA World Cup 26. Featuring more than twenty artists from six... Read More

Treasury says no immediate plan to sell 25.3pc stake in East African Portland Cement

Nairobi, Dec. 5 -- Treasury Cabinet Secretary John Mbadi says the government is reviewing its shareholding in several State-owned enterprises but has yet to decide whether to follow the National Socia... Read More

Banks urge ninth straight cut in benchmark cost of loans

Nairobi, Dec. 5 -- Commercial banks have urged a further cut in the indicative lending rate of the Central Bank of Kenya (CBK), to help boost the pace of lending to the private sector and reduce loan ... Read More

Treasury gives up Sh15bn in race for Safaricom dividends

Nairobi, Dec. 4 -- The government has given up Sh15.5 billion worth of future dividends from Safaricom in a rush to receive an upfront payment of Sh40.2 billion on the 20 percent stake it will retain ... Read More

Ndindi Nyoro takes profit with sale of 3 million KPLC shares

Nairobi, Dec. 4 -- Kiharu Member of Parliament Ndindi Nyoro sold 3.08 million shares of Kenya Power with a current market value of Sh37.8 million inthe six months to June 2025, booking part of his pro... Read More

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