Business

KfW Development Bank becomes an ATIDI Shareholder, Enhances German Investment Opportunities in Africa

Nairobi, Kenya, 29 April 2026 – The German development bank KfW acting on behalf of and for the account of…

2 months ago

Tamarind Brasserie Shuts Its Restaurant At Dari Business Park Amid Landlord Disputes

Tamarind Brasserie Restaurant has closed its Dari Business Park branch effective immediately, the Tamarind Group announced Monday in a press…

2 months ago

Development Spending Jumps to Sh262.63 Billion as State Pushes Growth

Government spending on development projects rose sharply in the first nine months of the current financial year, signalling a renewed…

2 months ago

APA Apollo Profit Jumps 43% on Investment Income Boost

APA Apollo Group has reported a 43.2 percent rise in net profit to Sh2.78 billion for the year ended December…

2 months ago

Smart Applications International Wins Global Innovation Award at 3i Conference 2026

Nairobi, 27th April 2026 Kenyan health-tech firm Smart Applications International has been named Product and Service Innovation of the Year…

2 months ago

Kenya Commits $25 Million to Africa Finance Corporation

Kenya will inject an additional $25 million (Sh3.23 billion) into the Africa Finance Corporation as the infrastructure focused multilateral lender…

2 months ago

Weak Investor Uptake Casts Doubt on CBK’s Switch Bond Strategy

The Central Bank of Kenya is pushing ahead with its plan to refinance maturing debt through switch bond sales, even…

2 months ago

Fears Rise Over Heavy Government Borrowing Despite CBK Assurances

Fears have emerged over Kenya’s sharply increased domestic borrowing target for the 2025/26 financial year, even as the Central Bank…

2 months ago

Court Awards Former Family Bank Manager Sh2 Million Over Unfair Dismissal Based on Vague Targets

The Employment and Labour Relations Court has ruled that Family Bank PLC unfairly terminated a senior manager’s contract by using…

2 months ago

NSE-Listed Co-operative Bank Plans Name Change in Major Restructuring

Co-operative Bank of Kenya, which is listed on the Nairobi Securities Exchange, is planning a major corporate restructuring that includes…

2 months ago