Business

Standard Bank Raises Stake in Nedbank Group to 5.57%

Standard Bank Group has increased its shareholding in Nedbank Group, crossing the five per cent threshold and triggering a mandatory…

3 months ago

Ruto Proposes PAYE Relief for Low-Income Earners

President William Ruto has proposed sweeping tax relief measures targeting low- and middle-income workers, including the elimination of Pay As…

3 months ago

Green Number Plates Introduced to Accelerate Electric Mobility Adoption

Kenya has rolled out green number plates for electric vehicles (EVs) and electric motorbikes, marking a policy shift aimed at…

3 months ago

NSE Corporate Bond Trading Remains Muted

Corporate bond trading at the Nairobi Securities Exchange (NSE) remained subdued in 2025 despite fresh issuances by major corporates, highlighting…

3 months ago

New 132kV Power Line Eases Blackout Risk in South Nyanza and South Rift

Residents and businesses in South Nyanza and parts of the South Rift are set to enjoy more stable electricity supply…

3 months ago

CBK Warns of Legal Action Over Defaced Banknotes

Romantic gestures involving flashy cash bouquets could soon attract legal consequences, after the Central Bank of Kenya (CBK) issued a…

3 months ago

Koko Networks Halts Operations, Leaving 700 Jobs in Limbo

$300 million investment, Koko Networks has announced that it will shut down operations in Kenya, leaving close to 700 job…

3 months ago

International Workplace Group Expands Flexible Workspace Footprint in Kenya

International Workplace Group (IWG), a global provider of flexible and hybrid workspaces, has announced the opening of a new centre…

3 months ago

Ethio Telecom’s Revenue Surge Highlights Power of Data and Mobile Money Expansion

Ethiopia’s state-owned telecoms operator, Ethio Telecom, is increasingly turning network expansion into higher-value digital consumption, as evidenced by a sharp…

3 months ago

Equity to Shift Existing Variable-Rate Loans to Central Bank Rate Model

Equity Bank has announced a major change that will affect customers with existing variable-rate loan facilities, aligning its pricing structure…

3 months ago