Business

Nairobi Locked Out of Sh5.7 Billion World Bank County Funding Over Reform Gaps

Nairobi County has missed out on a share of a Sh5.7 billion World Bank-backed funding programme. The exclusion follows its…

2 weeks ago

GTBank Kenya Transitions New Leadership as Managing Director’s Tenure Ends

Guaranty Trust Bank (Kenya) has announced a leadership transition following the expiry of its Managing Director's tenure. The bank says…

2 weeks ago

Airtel Africa Revives London Listing Plans for Airtel Money

Airtel Africa has revived plans to separately list Airtel Money on the London Stock Exchange. The proposed listing could value…

2 weeks ago

M-Pesa Africa Returns to Profit as User Base Hits 60 Million

M-Pesa Africa has returned to profitability after posting its first operating profit since its formation. The mobile money platform also…

2 weeks ago

KDF officers to Access Decent Housing After Signing 4pc Mortgage Deal

More than 50,000 Kenya Defence Forces personnel can now buy homes under the Affordable Housing Programme via their subsidised four-percent…

3 weeks ago

Safaricom Tightens Grip on Ethiopian Venture After Fresh Capital Injection

Safaricom has increased its ownership in Safaricom Ethiopia following a fresh capital injection. The move strengthens the telecom firm's position…

3 weeks ago

Digital Lenders top Consumer Complaint List despite CBK Oversight

Consumer complaints against digital lenders surged sharply over the past year. The platforms accounted for the largest share of grievances…

3 weeks ago

Corporate Tax Growth Outpaces PAYE as Company Profits Boost KRA Revenue

Corporate tax emerged as one of Kenya's fastest-growing revenue sources in the 2025/26 financial year. The strong performance outpaced growth…

3 weeks ago

Court Clears Way for Nairobi County to Resume Financial Operations

The High Court has directed the Central Bank of Kenya (CBK) to restore Nairobi County's banking mandate. The ruling removes…

3 weeks ago

Kenya Retains Lower Fuel VAT, Allocates Sh945 Million to Keep Pump Prices Stable

The government has moved to shield consumers from higher fuel costs. It has extended the 8 percent VAT on petroleum…

3 weeks ago