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Safaricom half-year profit up 72pc to Sh50 billion

Nairobi, Nov. 5 -- Safaricom reported a 72.8 percent jump in half-year profit to September, driven by higher M-Pesa and mobile data revenues in Kenya, while losses from its Ethiopia business narrowed.... Read More


How Sh6.8bn pension hole leaves TUK workers in retirement uncertainty

Nairobi, Nov. 5 -- More than 1,800 members of the Technical University of Kenya (TUK) staff pension scheme risk losing Sh6.8 billion saved for retirement, as a Senate-tabled report shows the cash-stra... Read More


Nairobi financial hub to set up Sh65bn fund for Kenyan startups

Nairobi, Nov. 5 -- The Nairobi International Financial Centre (NIFC) will set up a Sh65 billion ($500 million) fund to capitalise startups in the country as it seeks to accelerate investments in the c... Read More


KPC revives fraud claims in Sh500m fuel control valves supply row

Nairobi, Nov. 5 -- The Kenya Pipeline Company (KPC) has been allowed to amend its defence in a court dispute involving a Sh500 million claim by a supplier for alleged unpaid deliveries of specialised ... Read More


Kenya Power loses fight against Sh16m award to man who lost arm in electrocution

Nairobi, Nov. 4 -- Kenya Power and Lighting Company (KPLC) has failed to overturn a Sh16 million compensation award to a man who lost his right arm after stepping on a live electricity wire while herd... Read More


Embu County tops in Caesarean births in Kenya

Nairobi, Nov. 4 -- Embu County recorded the highest rate of caesarean section (CS) deliveries in Kenya, with more than four in every ten births in the county delivered by surgery, an indication of the... Read More


Meta, TikTok, X to face mandatory illegal online activity reports in Kenya

Nairobi, Nov. 4 -- Social media firms, including Meta, TikTok and X, will be required to file reports on illegal activities on their platforms with the Kenyan government, as part of proposed changes a... Read More


Elderly dominate SHA coverage amid out-of-pocket medical expenditure pressure

Nairobi, Nov. 4 -- Uptake of health insurance under the Social Health Authority (SHA) is highest among Kenyans aged 65 and above, signaling a scramble by the age group hardest hit by out-of-pocket (OO... Read More


Sanlam Allianz top owner to sell 4.8pc stake on IRA rules

Nairobi, Nov. 4 -- Sanlam Allianz Holdings Kenya's top shareholder faces a compulsory stake sale to East African investors after the allotment of previously deferred rights issue shares pushed its own... Read More


The price of always picking up the tab

Nairobi, Nov. 4 -- There is always that one friend who reaches for the bill before anyone else has had a chance to open their wallet. At dinner, on a weekend getaway or when booking a group activity, ... Read More