Nairobi, Aug. 18 -- Prime Bank Group has posted a 23.6 percent jump in net profit for the half-year ended June 2026 to Sh3.3 billion, mainly driven by lending to the government. The lender, which has... Read More
Nairobi, Aug. 18 -- In Nairobi, 40 percent of daily trips are made on foot. You would not know it from the infrastructure. A Bill in Parliament, and a template already built in Addis Ababa, offer a wa... Read More
Nairobi, Aug. 18 -- Last week, I read a World Bank report on how artificial intelligence can help Africa's economy. Its message is worth pondering: for Africa to reap AI's benefits, we should not focu... Read More
Nairobi, Aug. 18 -- Night flights are yet to resume on the revamped main runway at Wilson Airport, more than two weeks after it was partially reopened for daytime operations, resulting in prolonged in... Read More
Nairobi, Aug. 18 -- As Kenya begins the national conversation on what should come beyond Vision 2030, the fundamental question to guide us is: what resources do we own today that can transform Kenya i... Read More
Nairobi, Aug. 18 -- South Africa's Absa Group has failed in the bid to increase its stake in Absa Bank Kenya to as much as 85 percent through a tender offer worth about $238 million (Sh30.8 billion). ... Read More
Nairobi, Aug. 18 -- Absa Bank Kenya has more than doubled its interim dividend to Sh0.50 per share despite reporting a 9.8 percent decline in net profit for the half year ended June 2026. The lender ... Read More
Nairobi, Aug. 17 -- The deaths of prominent Kenyans have often been followed by bitter and prolonged court battles as beneficiaries fight over multimillion-shilling estates. The succession dispute ov... Read More
Nairobi, Aug. 17 -- Courts are increasingly scrutinising the calculation of disputed mortgage and loan repayments, requiring banks to explain interest, charges, payments, credits and balances. In som... Read More
Nairobi, Aug. 17 -- The board of directors of Shelter Afrique Development Bank (ShafDB) has approved the establishment of a programme to issue Sh64.61 billion ($500 million) bonds across the East Afri... Read More