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Safaricom share rallies to hit Treasury's deal price

Nairobi, Feb. 12 -- Safaricom's share price has rallied to hit Sh34, the level at which the National Treasury agreed to sell a 15 percent stake in the telco to South Africa's Vodacom Group. This mean... Read More


Tatu City to add wildlife sanctuary in mixed-use zone

Nairobi, Feb. 11 -- Tatu City, a mixed-use special economic zone (SEZ) in Kiambu County, plans to establish a Sh342.53 million wildlife sanctuary as part of a strategy to promote conservation. The fa... Read More


Ossobuco: The non-premium cut that has won over Kenyans' palates

Nairobi, Feb. 11 -- Ossobuco, once a specialty dish found only in Italian restaurants, is quickly becoming a staple on Kenyan tables. What people used to order for a night out is now being made at hom... Read More


Absa taps M-Pesa CEO Sitoyo Lopokoiyit for Africa banking role

Nairobi, Feb. 11 -- Absa Group has appointed Sitoyo Lopokoiyit to head its private and personal banking business unit across Africa, effective April 1, 2026. Mr Lopokoiyit has been the chief executiv... Read More


CIC Insurance raises Sh1.8bn from Kiambu, Kajiado land sales

Nairobi, Feb. 11 -- CIC Insurance Group has raised Sh1.8 billion from the sale of 150 acres in Kiambu and Kajiado Counties, boosting its liquidity and unlocking gains from its portfolio of investment ... Read More


How Kenyan traders continue to use MT4-based platforms

Nairobi, Feb. 10 -- What if the biggest reason MT4 stays popular in Kenya has very little to do with nostalgia? New platforms arrive with fresh interfaces and extra features. Kenyan traders still ope... Read More


Why banks want licence fees pegged on profits

Nairobi, Feb. 10 -- Commercial banks are lobbying the Central Bank of Kenya to use profit after tax as a measure to calculate licence fees and drop its proposal to use revenues, a change that will see... Read More


How LC Waikiki talked itself into Sh15.5m bill to Bollore without signing a contract

Nairobi, Feb. 10 -- The High Court has ordered Turkish fashion retail chain store LC Waikiki Retail KE Limited to pay a logistics firm Sh15.5 million for costs incurred in preparation to provide logis... Read More


Moody's sees lower profits for Kenyan banks in 2026

Nairobi, Feb. 10 -- Commercial banks are expected to report lower profits in the current financial year ending December 2026 due to lower earnings from government securities and shrinking interest rat... Read More


You're fired! How top CEOs hire and sack in their companies

Nairobi, Feb. 10 -- For many job seekers, the assumption is that the key to landing that enviable position lies in having the perfect CV. Some even pay to have theirs professionally done. Yet, while i... Read More