Business

Kenya, UK Treasury Launch Risk-Based Supervision to Exit FATF Grey List

The Central Bank of Kenya (CBK) has partnered with the United Kingdom’s His Majesty’s Treasury to establish and operationalize a…

8 months ago

Safaricom Launches B-Live, Time-Based Data Bundles for Flexible Internet Use

Safaricom has unveiled B-Live, a new time-based data bundle that allows customers to browse the internet non-stop for a set…

8 months ago

IFC Launches Initiatives to Address Gender-Based Violence and Harassment in Workplaces

IFC has unveiled two key initiatives, the Gender-Based Violence Center of Expertise and the Respect@Work Program, to address gender-based violence…

8 months ago

Leadership Changes at Stanbic: Joshua Oigara Named Regional Chief Executive for East Africa

Standard Bank Group has announced strategic leadership appointments within its Africa Regions business, underscoring its commitment to continued growth, strengthening…

8 months ago

Kakuzi Posts Kshs 295.5M Profit in H1 2025 on Soaring Revenues

Kakuzi Plc, which is listed on the Nairobi Securities Exchange (NSE), has reported a net profit of Ksh 295.5 million…

8 months ago

Safaricom Set to Replace Data Bundles with Time-Based Internet Billing

Safaricom is set to overhaul its data pricing model by introducing time bundles in place of the traditional MB/GB billing.…

8 months ago

KCB to Inject Sh4 Billion into Tanzania Unit After NBK Sale to Access Bank

KCB Bank Group has unveiled plans to inject Sh4 billion into its Tanzanian subsidiary in a bid to strengthen its…

8 months ago

Kenya Secures EU and German Support for Gogo Hydropower Redevelopment

Kenya’s push for clean and reliable energy has received a major boost after the Government of Germany, through KfW, and…

8 months ago

Liberty Kenya Holdings Posts KShs 260M H1 Results, Drives Digital Transformation While Managing Claims Impact

Liberty Kenya Holdings leaned on stronger investment fee income and strict cost control to cushion the impact of rising claims,…

8 months ago

I&M Group PLC Announces 34% Rise in Half-Year Profit Before Tax to KES 11.7 Billion

I&M Group PLC has today announced a 34% increase in its Group Profit Before Tax (PBT) for the first half…

8 months ago