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Home loans defaults hit record Sh40bn on interest rates rise

Newly released CBK data shows that there was an eight percent or Sh3 billion increase in the...

Banks’ loans dip by 1.5m on high rates

The drop in the number of bank loans accounts could suggest borrowers were shunning expensive...

Microsoft IT outage: Air travel, media, financial, telecoms hit by global cyber failure

Airlines across the United States, Asia and Europe, including major carriers such as Ryanair...

Safaricom records highest ever data traffic for streaming Euro finals

Data traffic streaming as Spain faced England in Berlin hit 3.96 terabytes, the highest since...

Explainer: What caused the global cyber outage?

A global tech failure disrupted operations across multiple industries.

Win for St Bakhita parents as court suspends school fees hike

Justice Janet Mulwa said parents and their children would suffer if the notice issued by the...

GDC targets private firm to build 10MW power plants

GDC said that the independent power producer (IPP) will utilise the geothermal wellhead power...

Walkie-talkie app posts record downloads in Kenya during GenZ protests

A spot check shows that the app has registered over 100 million downloads on Google Play Store.

CBK fines 12 banks for breach of lending, investment rules

Report shows nine banks breached the single obligor rule in the Banking Act while three were in...

All public servants hit as SRC widens pay rise freeze

Move informed by financial struggles facing Exchequer in light of growing debt repayment...

Ethiopia tops Kenya’s foreign assets on Safaricom entry

Safaricom is aggressively investing billions of shillings in its start-up operation in Ethiopia.

Supermarkets, warehouses beat homes in rental returns

Retail and industrial developers enjoyed yields of 9.5 percent in the first half of this year...