Business news
Kenya secures Sh50bn for first electric bus lane
Kenya has secured Sh50 billion from a consortium of European agencies to build a dedicated...
Family Bank to pay Sh798m dividend despite profit drop
Family Bank's profit dropped by 4.1 percent to Sh2.21 billion on increased costs.
President Ruto saves Airtel Kenya, Amazon from forced stake sale
Airtel Kenya has been saved from forcibly selling a third of its stake to local investors.
Kenya Power CEO shortlist narrows to three managers
Kenya Power has made a shortlist of candidates for the utility firm’s next chief executive.
Pain of Sh67bn shortfall amidst debt repayments
Kenya spent Sh150 billion to repay public debt in the month of March alone.
EVs and off-grid solar technologies present new business opportunities
In the next five years, I foresee a rapid uptake of electric vehicles (EVs) and off-grid solar...
Industrial sector tops bad loans growth list
The manufacturing sector last year had the highest increase in defaulted loans.
Search for new CBK governor begins as Dr Njoroge term ends
The Public Service Commission (PSC) has opened the search for a new Central Bank of Kenya (CBK)...
CBK signals costly loans after hiking rates to five-year high
The Central Bank of Kenya (CBK) has increased the benchmark lending rate to the highest level...
Kenyattas, Equity CEO top in Sh63bn bank dividends
The family of Jomo Kenyatta is among the top beneficiaries of the combined Sh63 billion...
American tycoons scout for ICT, agritech deals in Nairobi
American investors have given priority to deals in ICT, apparel and agriculture after the Biden...
Data agency certifies 1,600 entities in drive
The Office of the Data Protection Commissioner (ODPC) has issued compliance certificates to...
