Family Bank raises Sh8bn in oversubcribed private placement

Nairobi, Dec. 4 -- Family Bank of Kenya has raised Sh8 billion through a private placement with the entrance of new owners diluting older shareholders, including the family of its billionaire founder,... Read More

Courts backs KCB's auction of client's 67 acres in Nyandarua

Nairobi, Dec. 4 -- The High Court has dismissed a 12-year lawsuit filed by a businessman challenging Kenya Commercial Bank's (KCB) auction of his 67-acre Nyandarua farm, ruling that the lender lawfull... Read More

Kenyans in diaspora are key to economic growth agenda

Nairobi, Dec. 4 -- Without doubt, the Kenyan diaspora plays a vital role in the country's development and socio-economic transformation. This fact is underlined by the nearly Sh600 billion remittances... Read More

Gender violence costs Kenya's private sector Sh96bn, IFC says

Nairobi, Dec. 4 -- Kenya's private sector loses about Sh95.5billion annually due to gender-based violence and harassment (GBVH), a survey by the International Finance Corporation (IFC) has said. The ... Read More

Ndindi Nyoro takes profit with sale of 3m 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

HF employees to get 5pc stake in stock compensation scheme

Nairobi, Dec. 4 -- HF Group is set to issue 94.27 million shares to be granted to employees under its employee share ownership plan (Esop) that allows them to get up to five percent stake in the firm.... Read More

Unga Group invests Sh211 million in solar, porridge line

Nairobi, Dec. 4 -- Human and animal feeds maker Unga Group invested Sh211 million in solar energy and its Famila porridge production line in the year ended June 2025 as it seeks to cut costs and focus... Read More

Court backs KCB's auction of client's 67 acres in Nyandarua

Nairobi, Dec. 4 -- The High Court has dismissed a 12-year lawsuit filed by a businessman challenging Kenya Commercial Bank's (KCB) auction of his 67-acre Nyandarua farm, ruling that the lender lawfull... Read More

Coffee auction volumes hit a season high on strong prices

Nairobi, Dec. 3 -- The Nairobi Coffee Exchange (NCE) posted its highest trading volume of the season on Tuesday, moving 1.21 million kilogrammes of clean coffee, equivalent to 19,570 bags, attributed ... Read More

Trade-based money laundering a hidden threat to Kenya's economy

Nairobi, Dec. 3 -- Small and medium-sized enterprises (SMEs) are the lifeblood of the economy. They make up more than 98 percent of businesses, employ about 14.9 million Kenyans, and contribute roughl... Read More

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