Vodacom inked an agreement with the Treasury in December to purchase a 15 percent stake in Safaricom for Sh204.3 billion.

KCB Group has doubled its final dividend to Sh3 per share after posting 11.2 percent rise in net profit for the year ended December, driven by growth in interest income.

New lending by China to developing countries such as Kenya has slowed down in the aftermath of default concerns, which were exacerbated by the outbreak of the Covid-19 pandemic in 2020.

SBM’s total capital to total risk weighted assets ratio stood at 15 percent being 0.5 percentage points above the statutory requirement.

Sometimes, as geopolitical shocks. And occasionally, as Nairobi floods, it forces your parents to finally spend the night in your house. Weak brackets collapse quickly. Strong ones quietly hold.

Kenya rolled out the Roads Annuity Programme in 2014 with the aim of delivering 10,000 km and thus increase the network of paved roads from 14,000 km to 24,000 km over a ten-year period.

Dr Kalebi sued his former employer and partners seeking compensation as the founding shareholder of the company.

The IRA decision effectively bars the three insurers from entering into any new insurance contracts. Existing customers will have to seek covers from other insurers.

Data from the Central Bank of Kenya, which regulates commercial banks, put the NPL ratio for the banking industry at 15.43 percent in the same period, down from 16.4 percent in December 2024.

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Businesses flagged under the system are effectively locked out of filing VAT returns through the iTax portal, making compliant companies reluctant to trade with them because they cannot ...