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CBK seeks Sh80 billion from July bond auctions

Nairobi, June 28 -- The Central Bank of Kenya (CBK) is seeking to raise Sh80 billion from the sale of four bonds in July including a partial switch of a security maturing on November 9, 2026. The gov... Read More


Fair taxation is missing catalyst for savings and stronger saccos in Kenya

Nairobi, June 28 -- The budget-making process for the 2026-27 financial year has ended. Once again, as in previous years, proposals aimed at aligning the tax treatment of savings and credit cooperativ... Read More


Tech can help improve access to healthcare in Kenya

Nairobi, June 28 -- The Covid-19 pandemic exposed the fragility of healthcare systems worldwide. The World Health Organization joint statement on health, found that 66 percent of countries reported he... Read More


Sh188bn flood losses trigger State disaster funding overhaul

Nairobi, June 28 -- Kenya lost an estimated Sh187.8 billion due to floods in just six months in 2023 and 2024, exposing the mounting financial burden of climate disasters that has prompted the governm... Read More


Aden Duale: Ruto's fiercest defender bows to the scales of justice

Nairobi, June 28 -- This week, the public witnessed a rare display of humility as the usually combative Cabinet Secretary (CS) Aden Duale stood before the High Court and apologised for defying a court... Read More


Iran war fallout raises fresh Kenya debt servicing burden

Nairobi, June 28 -- Kenya faces renewed debt-servicing pressure as the fallout from the Iran-Israel conflict threatens to keep borrowing costs elevated for longer, adding strain to a budget weighed do... Read More


Absa Bank CEO Abdi Mohamed exits, set for new job

Nairobi, June 28 -- Abdi Mohamed has resigned as Absa Bank Kenya chief executive officer (CEO) three years after he took the job. The Business Daily has established that a leadership transition is al... Read More


Family Bank seeks new investor to dilute stakes of top owners

Nairobi, June 28 -- Family Bank will consider bringing in a strategic investor in future as it looks to diversify its shareholder base and help lower its founders' effective stake to meet the regulato... Read More


14 Riverside owners seek to block Sh10.6bn debt claim

Nairobi, June 28 -- The owners of Nairobi's 14 Riverside complex, which houses the DusitD2 hotel, have filed a fresh petition that seeks to stop hire purchase lender Synergy Industrial Credit from enf... Read More


State company directors' new legal reality

Nairobi, June 28 -- Last week, I began a review of the recently gazetted Government Owned Enterprises (GOE) Act 2025. To reiterate, the Act can fundamentally change public ownership by treating State-... Read More