Vodacom inked an agreement with the Treasury in December to purchase a 15 percent stake in Safaricom for Sh204.3 billion.
Kenya received its first commitment from China in four years, breaking a lull that came after Beijing slowed down lending to developing countries on increased risks of debt distress. Data from the ...
SBM Bank Kenya posted a Sh444.2 million profit for the year ended December, riding on cost cutting to mark an improvement from Sh1.2 billion loss the year before. The lender cut its cost of funds by ...
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.
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.
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.
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.
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 ...
Everywhere you look, a product is on sale promising to cleanse your body from the inside out. Teas, powders, milk varieties and all manner of products are on offer. However, a kidney doctor in Nairobi ...
Sourdough is one of the oldest forms of leavened bread, whose origins traces back to ancient Egypt. The method spread across Europe and became a staple before the commercial yeast came into ...
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