Business news
Safaricom reveals plan to set up smartphone factory
Safaricom has revealed that it is setting up a factory in Kenya, which will assemble between...
Kebs to pay two law firms Sh144m in Dubai company row
The Kenya Bureau of Standards has been ordered to pay two law firms a total of Sh144 million.
Kenya gets Sh162bn IMF loan top-up on tax reforms
Kenya will receive an additional Sh162.5 billion under the 38-month programme that it has with...
Court declines to unfreeze Amadi’s accounts in Sh100m gold fraud case
Court has declined to suspend an order freezing bank accounts belonging to the chief registrar...
Activist sues copyright watchdog over management societies licenses
An activist has taken the Kenya Copyrights Board (Kecobo) to court for renewing the...
CBK clears 20pc sale of Nyachae-linked Credit Bank
Credit Bank has been cleared by the banking industry regulator to sell a 20 percent stake.
Banks cut mortgage terms by a year, raise interest on defaults
Kenyan banks have averagely cut mortgage terms by more than a year to 10.9 years, but increased...
Mauritius’ Grit increases Naivasha mall buyout price to Sh308 million
Grit Real Estate Income Group has revised the price at which it will buy the remaining 50...
Merali company sells 35pc stake in Eveready
A company owned by the family of the late businessman Naushad Merali has signed an agreement to...
Kibaki’s daughter to auction controversial businessman over Lavington rent arrears
Former president Mwai Kibaki’s daughter Judith has been allowed to auction controversial...
Dollar calm as debt ceiling talks to resume
The dollar was steady against the euro and yen on Monday, as US debt ceiling negotiations were...
Tawi Fresh platform eases traceability for commercial kitchens
The pain of huge losses inspired Cherotich Rutto to start Tawi Fresh Kenya, an online...
