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How stable shilling has cooled banks' forex trading fortunes

Nairobi, Dec. 1 -- The country's biggest lenders have seen a sharp fall in income from foreign currency trading, highlighting the impact of a calmer exchange rate environment on a line of business tha... Read More


Safaricom restores slashed mobile data bundles after uproar

Nairobi, Dec. 1 -- Safaricom has restored allocations of the popular mobile data bundle packages it quietly slashed over a week ago. The telco has reinstated its 'No Expiry' package rates, whose halv... Read More


Supporting SMEs with one-stop financial hub to enhance growth

Nairobi, Dec. 1 -- The small and medium enterprise (SME) sector is dynamic and complex with varying and evolving needs. SMEs are not a homogenous group and all differ in size, maturity, economic perfo... Read More


New draft tax rules risk edging out Kenyan firms

Nairobi, Dec. 1 -- When the Kenya Revenue Authority (KRA) released the Draft Income Tax (Advance Pricing Agreement (APA) Regulations, 2025, and the Draft Income Tax (Minimum Top-Up Tax) Regulations, 2... Read More


Faida picked as top advisor for Kenya Pipeline's initial public offering

Nairobi, Dec. 1 -- Faida Investment Bank (FIB) has been selected to midwife the state's planned partial exit from Kenya Pipeline Company (KPC), in a move that will earn it millions of shillings in fee... Read More


4.5 billion threats: The trend shaping Africa's entertainment future

Nairobi, Nov. 30 -- Africa's entertainment industry has undergone a dramatic transformation over the past decade. Since the digital migration, the way people consume content, from streaming shows on d... Read More


KRA wins Sh773m tax dispute against construction firm in 'missing trader' case

Nairobi, Nov. 30 -- The High Court has delivered a victory for the Kenya Revenue Authority (KRA) in a tax dispute with a building and civil engineering contractor, reinstating a Sh773 million tax asse... Read More


Ketraco under pressure to pay Sh10bn contractor debt

Nairobi, Nov. 30 -- Kenya Electricity Transmission Company (Ketraco) is under pressure to pay a Spanish company more than Sh10 billion or face liquidation, over a debt arising from a botched contract ... Read More


Unit trust clients double, lifting assets to Sh679bn

Nairobi, Nov. 29 -- The number of Kenyans investing though unit trusts more than doubled to 2.96 million in the 12 months to September, highlighting the surge in awareness and demand for the collectiv... Read More


Kenyan banks nearly double loans to Mauritian developer Grit to Sh12bn

Nairobi, Nov. 29 -- Mauritius' real estate developer Grit Real Estate Income Group nearly doubled its borrowings from Kenyan banks to $94.9 million (Sh12.3 billion) in the year to June 2025, to fund i... Read More