Nairobi’s long-term urban planning efforts have been thrown into uncertainty after the U.S. government cancelled funding…
Category: Business
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Safaricom Sale Poised to Anchor Kenya’s Sh149B State Privatisation Drive
Kenya’s plan to partially divest its stake in Safaricom is emerging as a central pillar in…
Stanbic Bank Posts Strong Q3 Results as Lending and Customer Confidence Drive Growth
Stanbic Bank Kenya has reported a profit after tax of KES 9.38 billion for the nine…
KDC advances Ksh 500 Million into Githunguri Dairy Cooperative to Accelerate MSME Financing
Today the Cabinet Secretary for Investments, Trade and Industry (MITI), Hon. Lee Kinyanjui presented a cheque…
Co-op Bank Signals Strategic Maturity as Interim Dividend Debut Shakes Up Banking Sector
Co-operative Bank of Kenya has upended long-standing norms in the local banking industry with its decision…
Safaricom Upgrade Fuliza Services to Improve Customer Experience
Safaricom has upgraded its Fuliza Services in a scheduled system upgrade that took place on Monday,…
AfDB Warns Kenya Faces Growing Debt Crisis
Kenya is edging deeper into debt distress as weak institutional oversight rather than gaps in legislation…
World Bank Withholds KSh96.9 Billion Loan, Demands Sweeping Reforms from Kenya
The World Bank has withheld a KSh96.9 billion ($750 million) budget support loan to Kenya, pending…
SBM Bank Returns to Profit, Posts Sh283.4 Million in Nine-Month Turnaround
SBM Bank Kenya has reported a Sh283.41 million net profit for the nine months ending September…
KRA Confirms George Obell as Commissioner for Micro and Small Taxpayers Department
The Kenya Revenue Authority (KRA) has confirmed the appointment of Mr. George Obell, MBS, as the…