Business
Ndegwas overtake Kenyattas in NCBA stake
The Philip Ndegwa family has bought an additional 31.6 million shares of NCBA Group with a current market…
Business
Business
Business
Safaricom plans to set up smartphone factory
Safaricom has revealed that it is setting up a factory in Kenya, which will assemble between 1.2 million…
Business
Chinese hackers attacked Kenya in part to assess debt – Reuters
Chinese hackers targeted Kenya’s government in a widespread, years-long series of digital intrusions against key ministries and state…
Business
Rwanda top profit earner for Kenyan banks
Rwanda contributed the highest volume of profit earnings for Kenyan bank subsidiaries in East Africa and beyond last…
Business
Four counties hold 55% of all bank branches in Kenya
Four counties account for more than half of all the bank branches in Kenya, revealing the concentration of…
Business
Kenya Power resumes Sh26.76bn cheap electricity project
Kenya Power has resumed the fourth phase of the last mile project that connects homes to the national…
Business
Safaricom to buy M-Pesa cash firm from Vodafone
Safaricom is set to buy M-Pesa Holding Company Limited — the firm that holds hundreds of billions of…
Business
Changes in pump prices after President Ruto proposes 16 percent VAT
Pump prices will nearly breach the Sh200 per litre mark if Parliament approves a proposal by President William…
Business
Kenyan fintech M-Kopa raises record Sh35bn in debt and equity
Solar and asset financing firm M-Kopa has secured Sh35 billion ($255 million) financing in new debt and equity…