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Kenyan banks see forex losses from subsidiaries as shilling strengthens

Subsidiaries prepare financial statements in their local currency, but it is translated into...

Joe Sang’s 1am work texts and thrifting weakness

His phone never stops ringing.

Shareholder row at Old Mutual as billionaire seeks Sh1bn buyout

Investor says the firm took huge loans from its parent, which, if converted into shares, will...

I earn Sh1,500 daily. How can I budget so that I can save for my own matatu?

To achieve your financial goals, you need to adjust your monthly budget and reduce your spending.

Chimano: Sauti Sol singer carves his identity in new single after long soul-searching

This period is also an eye-opener on managing his own affairs, away from the management of the...

HF profit rises 46pc on higher transaction revenue

Earlier this month, HF Group announced a rights issue to raise new capital to address the...

Banks, stock brokers hit as CBK stops commission on bonds trade

The CBK has been paying the placing agents a commission of 0.15 percent of the value of the...

Kenya’s levies on cereals violate business deals: traders

Since 2022, the government has rolled back taxes on food imports to reduce the cost of flour...

Samuel Kariuki: Why he sees huge potential in floating development Reit

'A development for sale model and specific to housing is unique because the asset itself is...

Why adopting ESG principles are essential to business growth

One key highlight of ESG’s impact on business is its ability to attract more investment and...

New platform allows Kenyan traders to pay for Chinese goods via Alipay

Alipay's entry into the country's payments ecosystem would be a major boost for traders...

KCB, Family Bank hold Sh3 billion Hustler Fund savings

70 percent of the savings go into long-term savings and the balance into short-term savings.