Absa Group has agreed to sell its majority stake in two Kenyan insurance businesses. The transaction…
Category: Business
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Kenya, Counties Struggle With KSh622.7 Billion in Unpaid Bills Despite Lower Budget Deficit
Kenya’s national and county governments ended the last financial year with KSh622.7 billion in unpaid bills.…
KCB Rewards Shareholders as Half-Year Profit Climbs to KSh49.3 Billion
KCB Group posted strong earnings growth in the first half of 2026. The lender also increased…
Vodacom Strengthens Board With Former Airtel Africa CEO Appointment
Vodacom has tapped former Airtel Africa chief executive Segun Ogunsanya to join its board as an…
Nairobi County Blames Budget Delay for Late July Salaries
Nairobi County employees will have to wait longer for their July salaries. The county government says…
Safaricom Expands Number Capacity as Mobile Subscriber Base Nears 58 Million
Safaricom is creating room for more customers. The telco has introduced nine new mobile number prefixes…
Stanbic Holdings Records 27% Growth in Assets as Profit Jumps to 6.6 Billion
Stanbic Holdings Plc has reported a resilient financial performance for the first half of 2026, posting…
Stable Inflation and Lower Lending Rates Reduce Pressure for CBK Rate Change
Kenya’s monetary policymakers are facing little pressure to adjust interest rates. Inflation remains within the target…
TVS Motor Company Brings Smart Electric Mobility To Kenya With The Launch Of A Premium Electric Scooter
In line with its commitment to sustainable mobility on a global scale, TVS Motor Company (TVSM),…