Smaller Banks Race to Meet Tougher Capital Rules as Regulatory Pressure Mounts

Four banks reportedly remain below the minimum capital requirement set by regulators. With higher thresholds taking…

Spiro Taps New CEO to Drive Expansion Following $215 Million Funding Boost

Spiro has appointed a new Group CEO as it accelerates its expansion plans across Africa. The…

Kenya Power Sees Rising Revenue for Electric Vehicles as Growing Demand for the Vehicles

Kenya Power is recording rapid growth in revenue from electric vehicle charging. The utility is now…

Safaricom Targets Budget Internet Market with New Low-Cost Plans

Safaricom is expanding into Kenya’s low-cost broadband market with internet packages starting at KES 800 per…

Bolt Expands Beyond Food Delivery into On-Demand Retail

Bolt Food has partnered with Quickmart Supermarket Kenya to expand into the on-demand retail market, giving…

Court Charges Former DTB Managers in Multi-Million Shilling Fraud Case

A fraud case involving more than Sh149 million has moved to court after two former Diamond…

Port of Mombasa Workers Win Salary Deal After Prolonged Negotiations

More than 5,000 unionised employees at the Port of Mombasa are set to benefit from improved…

SPIRO Bets on African Growth with Major Funding Boost for Clean Transport

Electric mobility company SPIRO is set to deepen its footprint across Africa after securing a $215…

Bolt Dismisses Kenya Exit Claims, Says Operations Continue Normally

Ride-hailing company Bolt has dismissed reports claiming it is preparing to exit the Kenyan market, describing…

Court Halts Enforcement of Sh1.7 Billion Heineken Award Pending Appeal

Heineken has secured temporary relief in its long-running dispute with businessman Ngugi Kiuna after the Court…