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Britam raises stake in HF with new share purchase

Nairobi, May 4 -- Britam Holdings has increased its stake in HF Group after acquiring additional shares in a Sh355.42 million deal, marking a second consecutive year in which the insurer has raised it... Read More


From Sh6,000 plots to millions: Utawala's Githunguri boom outpaces infrastructure

Nairobi, May 4 -- Githunguri in Utawala does not try to impress, especially on a rainy day. The entrance feels chaotic and almost clogged. Muddy patches cut across the access roads, and puddles stubbo... Read More


KMRC prices green bond at 12.2pc, eyes tax-free sweetener

Nairobi, May 4 -- The Kenya Mortgage Refinancing Company (KMRC) has offered a fixed interest rate of 12.2 percent per annum for an eight-year term for its green bond that targets to raise Sh3 billion,... Read More


T-bill rate rises above 8pc as inflation pressure piles on CBK

Nairobi, May 4 -- The 91-day Treasury bill interest rate has risen above the eight percent level for the first time in eight months as investors continue to put pressure on the Central Bank of Kenya (... Read More


Anonymous tip-offs drive Sh6.8bn KRA tax haul, expose graft

Nairobi, May 4 -- Anonymous whistleblowers helped the Kenya Revenue Authority (KRA) recover Sh6.8 billion in lost revenue last financial year, underlining the growing role of tip-offs as a potent tool... Read More


DP World avoids Sh520m Kenyan claim in phone sacking dispute

Nairobi, May 4 -- Global cargo logistics firm DP World has secured a court victory in a Sh520 million claim by a former manager based in Nairobi who alleged she was dismissed irregularly via a phone c... Read More


Mohamed Warsame: Judge who shaped commercial law now heads to apex court

Nairobi, May 4 -- Before last week's nomination to the Supreme Court, Justice Mohamed Warsame had built a reputation for a consistent approach to commercial law, marked by firm enforcement of contract... Read More


Treasury unit approves 300MW Suswa geothermal project

Nairobi, May 4 -- The Geothermal Development Company (GDC) has been cleared to start feasibility studies on a 300 megawatt (MW) geothermal power project in Suswa, Narok County. Disclosures from the P... Read More


KDF gets Sh6bn Israel loan for air defence amid Iran war

Nairobi, May 4 -- Kenya has secured a Sh6.1 billion Israeli-backed loan to acquire a high-tech missile defence system, strengthening its ability to counter aerial threats amid rising regional insecuri... Read More


Taming trade-based money laundering

Nairobi, May 3 -- Trade-based money laundering (TBML) is rapidly emerging as one of the most complex and least understood threats to financial integrity in developing economies, particularly in trade-... Read More