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Tuju's second Karen property set for auction in Sh4.5 billion loan row

Nairobi, Aug. 3 -- Former Jubilee Party Secretary-General Raphael Tuju's second prime property is set for auction as the East African Development Bank (EADB) steps up efforts to recover a Sh4.5 billio... Read More


NSE rises above Sh4trn milestone for first time

Nairobi, Aug. 3 -- Investor wealth at the Nairobi Securities Exchange (NSE) has crossed Sh4 trillion for the first time in the wake of a sustained rally in blue-chip share prices and the recent entry ... Read More


Power imports surpass local wind generation

Nairobi, Aug. 3 -- Electricity imports from Ethiopia and Uganda overtake local wind generation as the country increasingly relies on neighbouring nations to starve off blackouts and power rationing. ... Read More


Awori-linked company wins Sh8bn Karen land appeal

Nairobi, Aug. 3 -- A company linked to former Vice-President Moody Awori and the family of the late businessman Horatius Da Gama Rose has won a long-running legal battle over a 135-acre prime parcel o... Read More


Safaricom sale, World Bank loan lift forex reserves to Sh1.99trn

Nairobi, Aug. 3 -- Vodacom and the World Bank have wired a combined Sh337.6 billion into government accounts, helping lift Kenya's foreign exchange reserves to a record $15.4 billion (Sh1.99 trillion)... Read More


African sovereign wealth funds: The newest, most consequential institutional investors

Nairobi, Aug. 3 -- Over the past decade, Africa's sovereign wealth funds (SWFs) have quietly evolved from symbolic fiscal policy instruments into some of the continent's most consequential institution... Read More


Airtel, Safaricom locked in business wallet price war

Nairobi, Aug. 3 -- Airtel on Monday launched a product to rival Safaricom's Pochi la Biashara, triggering a price war that has cut the cost of customer transfers to micro-businesses' wallets to zero. ... Read More


'I'm worse than a mule': The reserved CEO with an iron will

Nairobi, Aug. 2 -- There are lessons Kieran Godden tells about his life. Don't go to a foreign country if you don't know exactly where you're going. Food at Cinque Terre in Italy is best served outdoo... Read More


Nabo Capital to operate independently after buyout by Rock Investment Bank

Nairobi, Aug. 2 -- Fund manager Nabo Capital will continue operating as an independent entity even after its acquisition by Rock Investment Bank in June. The leadership of the acquirer says both enti... Read More


Pharmacy-clinic model reshapes primary healthcare in Kenya

Nairobi, Aug. 2 -- For a long time, seeking medical care in Kenya meant travelling to a hospital or health centre and spending hours in queues before seeing a clinician. For many people, particularly... Read More