Business

Kenya Banks Still Lead Region in Non-Performing Loans Despite Asset Quality Gains

Kenya’s banking sector may have recorded an improvement in asset quality in the 2025 financial year, but it continues to…

2 months ago

Treasury Raises Domestic Borrowing Target to Sh1.66 Trillion

The National Treasury has increased its domestic borrowing target for the financial year ending June 30 by 52.29 percent, or…

2 months ago

Monkey Shoulder Launches Old Fashioned Month in Nairobi with a Citywide Cocktail Experience

Nairobi, Kenya – April 2025 – Monkey Shoulder, the premium Scotch whisky made for mixing, has officially launched Old Fashioned…

2 months ago

Sasini PLC Exits Avocado Processing Following Sh69% Export Decline

Sasini PLC Puts Avocado Processing Plant on Sale as Export Volumes PlummetAgribusiness giant Sasini PLC has officially invited tenders for…

2 months ago

Zenith Bank Completes Acquisition of Paramount Bank Kenya

Zenith Bank PLC has completed the acquisition of Paramount Bank Kenya Limited, marking its entry into the Kenyan banking sector…

2 months ago

Kenya Power Staff Attacked While on Duty is Dead

Kenya Power has confirmed the death of one of its staff members, Mr Shadrack Makembo, who was attacked while on…

2 months ago

KRA Appoints Dr Lilian Nyawanda as Acting Commissioner General

The Kenya Revenue Authority (KRA) has appointed Dr Lilian Nyawanda as Acting Commissioner General following a leadership change at the…

2 months ago

KRA Announces Leadership Change

The Kenya Revenue Authority (KRA) has announced a leadership transition following a decision by its Board not to renew the…

2 months ago

KRA Issues 30-Day Auction Notice to Major Entities For Unclaimed Cargo

The Kenya Revenue Authority (KRA) has issued a final 30-day ultimatum to high-profile organizations, including Kenya Power, the United States…

2 months ago

Pressure Rises on CS Wandayi Over Fuel Quality and National Reserves

The National Assembly Departmental Committee on Energy has officially summoned Energy Cabinet Secretary Opiyo Wandayi to explain the recent influx…

2 months ago