Treasury says no immediate plan to sell 25.3pc stake in East African Portland Cement

Nairobi, Dec. 5 -- Treasury Cabinet Secretary John Mbadi says the government is reviewing its shareholding in several State-owned enterprises but has yet to decide whether to follow the National Socia... Read More

Banks urge ninth straight cut in benchmark cost of loans

Nairobi, Dec. 5 -- Commercial banks have urged a further cut in the indicative lending rate of the Central Bank of Kenya (CBK), to help boost the pace of lending to the private sector and reduce loan ... Read More

Treasury gives up Sh15bn in race for Safaricom dividends

Nairobi, Dec. 4 -- The government has given up Sh15.5 billion worth of future dividends from Safaricom in a rush to receive an upfront payment of Sh40.2 billion on the 20 percent stake it will retain ... Read More

Ndindi Nyoro takes profit with sale of 3 million KPLC shares

Nairobi, Dec. 4 -- Kiharu Member of Parliament Ndindi Nyoro sold 3.08 million shares of Kenya Power with a current market value of Sh37.8 million inthe six months to June 2025, booking part of his pro... Read More

Family Bank raises Sh8bn in oversubcribed private placement

Nairobi, Dec. 4 -- Family Bank of Kenya has raised Sh8 billion through a private placement with the entrance of new owners diluting older shareholders, including the family of its billionaire founder,... Read More

Courts backs KCB's auction of client's 67 acres in Nyandarua

Nairobi, Dec. 4 -- The High Court has dismissed a 12-year lawsuit filed by a businessman challenging Kenya Commercial Bank's (KCB) auction of his 67-acre Nyandarua farm, ruling that the lender lawfull... Read More

Kenyans in diaspora are key to economic growth agenda

Nairobi, Dec. 4 -- Without doubt, the Kenyan diaspora plays a vital role in the country's development and socio-economic transformation. This fact is underlined by the nearly Sh600 billion remittances... Read More

Gender violence costs Kenya's private sector Sh96bn, IFC says

Nairobi, Dec. 4 -- Kenya's private sector loses about Sh95.5billion annually due to gender-based violence and harassment (GBVH), a survey by the International Finance Corporation (IFC) has said. The ... Read More

Ndindi Nyoro takes profit with sale of 3m KPLC shares

Nairobi, Dec. 4 -- Kiharu Member of Parliament Ndindi Nyoro sold 3.08 million shares of Kenya Power with a current market value of Sh37.8 million inthe six months to June 2025, booking part of his pro... Read More

HF employees to get 5pc stake in stock compensation scheme

Nairobi, Dec. 4 -- HF Group is set to issue 94.27 million shares to be granted to employees under its employee share ownership plan (Esop) that allows them to get up to five percent stake in the firm.... Read More

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