CBK Put Spotlight on Mandatory Climate Risk Disclosure by Kenyan Banks
The Central Bank of Kenya (CBK) will make climate risk disclosures mandatory starting in January 2023...
Bolt awards top 10 drivers Ksh 288K each for innovative ideas
Bolt has awarded 10 Kenyan drivers and couriers Kshs 2.8 million in seed capital in the...
JPMorgan CEO Jamie Dimon to visit Kenya in October
JPMorgan Chase CEO Jamie Dimon is expected to visit Kenya and three other African nations in...
NHIF comes to an end as Social Health Insurance Fund takes effect
The National Health Insurance Fund is set to be discontinued as the new Social Health Insurance...
Kenya Must Ban Gambling to Rescue the Economy and Its Young People
Kenya continues to suffer from the adverse social and economic effects of gambling despite the recent...
EACC returns back to State recovered assets valued at Kshs 5.5 billion
The Ethics and Anti-corruption Commission (EACC), Kenya’s corruption watchdog, on Wednesday returned back corruptly acquired assets...
Kenya Ranked Fourth in Africa’s Wealthiest Countries
Kenya has been ranked fourth in the top wealthiest countries in Africa, according to a report...
Strike at JKIA leaves Passengers Stranded and Flights Grounded
Hundreds of travelers have been stranded at Kenya’s largest airport, JKIA, following the strike by aviation...
CS Mbadi Signs a Credit Facility from China to Construct Rural Roads
CS John Mbadi has signed a credit facility from China for the construction of 15 rural...
Central Bank Eyes 30 Billion From Two Reopened Bonds
The Central Bank of Kenya has reopened two treasury bonds as it seeks to raise KES...
Stanbic Bank Unveils Money Market Fund as it enters the Assessment Management Business
Stanbic Bank Kenya on Tuesday unveiled its asset management business as part of the bank's drive...
Kenya Joins Asian Infrastructure Investment Bank (AIIB), Eyes Concessional Funding
Kenya has officially joined the multilateral development and international financial Institution Asian Infrastructure Investment Bank (AIIB)...
World Bank Appoints Qimiao Fan as Country Director for Kenya, and Other EA Countries
The World Bank on Monday announced the appointment of Qimiao Fan as the new country director...
Kenya Launches FoTMIS to Track Foreign Travels by Public Servant
The Kenyan government on Monday launched the Foreign Travel Travel Management Information System (FoTMIS), in a...
Kenya’s AI startup Chpter secures $1.2 million Pre-seed Financing
Chpter, a Kenyan-based AI-powered conversational platform, has raised $1.2 million in the pre-seed funding round. The...
Kenya Confirms its Fourth Case of Mpox
Kenya has confirmed a new case of Mpox from the tests conducted in the last 24...
Kenya’s inflation rate increases to 4.4% in August 2024
Kenya’s year-on-year inflation rate surged to 4.4% in August from 4.3% in July, according to data...
Jubilee Holdings Half-Year 2024 Profit Jump By 22.7%
Jubilee Holdings Limited has reported 2.48 billion in net profit for the first half of 2024,...
Bolt hikes fare by 10% to improve driver earnings
Bolt will increase the base fares by 10% across all its fleeting categories, as the company...
Safaricom want Elon Musk’s Starlink blocked in Kenya, here’s why
Safaricom, Kenya’s leading telecom operator, has called for the restriction of the operation of foreign internet...
Standard Chartered Half-Year Profit increases by 25%
Standard Chartered reported its earnings for the first half of the year 2024, revealing a set...
NCBA Group Reports Kshs. 9.8 Billion in Half-Year Profit
NCBA Group has registered a profit after tax of Kshs 9.8 billion in its first half...
Car & General Register Half-Year Profit of Ksh 106m, as Motorcycle Demand Drops
Car & General Kenya (C&G) made a profit before tax of Kshs 105 million in the...
KCB Group Resumes Dividend Payout, after Half-Year Profit After Tax Surge 86%
KCB Group Plc, one of East Africa’s largest financial institutions, has reported 86% growth in its...
Starlink offers Kenyan Customers the Option to Rent Hardware Kits
Starlink has unveiled a plan that allows Kenya to rent its hardware kits every month according...
Bidcoro Africa Limited Gets Approval for Acquisition of Suntory Beverage
The Competition Authority of Kenya (CAK) on Tuesday cleared the Suntory Beverage & Food Kenya Limited’s...
Kenya Airways Register First Profitable Half in 11 Years
Kenya Airways (KQ) has posted its first profitable half in 11 years. For the first half...
Kenya Reinsurance Post Kshs 1.5 Billion Half-Year Profit, 10% drop
Kenya Reinsurance Corporation Limited, widely known as Kenya Re, has registered Kshs 1.5 billion profit before...
Equity Bank Kenya appoints New MD after Insider Heist
In a surprising development, Equity Bank Kenya has revealed the appointment of Moses Okoth Nyabanda as...
Co-op Bank Registers Ksh 13 Billion in Half-Year Net Profit
Cooperative Bank of Kenya has registered Kshs. 13.0 billion in profit after tax for the first...
Undisclosed Buyer to Acquire Kenya’s Mobius Motors
Kenya’s automaker Mobius Motors has accepted an acquisition offer from an undisclosed buyer. The buyout comes...
MSCI Lists Co-op Bank and Other Kenyan Firms to Its Indices
Morgan Stanley Capital International (MSCI), an American finance company, has incorporated the Co-operative Bank of Kenya...
KeNHA Sets Out Plan to Introduce Toll on Thika Superhighway and Other Critical Roads
On Tuesday, the Kenya National Highways Authority disclosed plans to introduce toll fees on critical roads...
Equity Group Holdings Half-Year Profit Jump 12% to Kshs 29.6 billion
Equity Group Holdings’ profit surged 12% to Kshs 29.6 billion in the first half of 2024...
CAK Gives Nod to Acquisition of Lipton Teas and Infusions Kenya PLC
The Competition Authority of Kenya (CAK) has unconditionally approved the acquisition of 98.56 percent of shares...
