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Latest Business News

Sh540bn bad loans pile blots bank profits

The stock of bad loans in the banking…

KBC and Posta lined up for bailouts in turnaround plan

The Kenya Broadcasting Corporation (KBC) and the Postal…

Kenya’s trade surplus with Africa hits record levels

Kenya’s goods trade surplus with Africa reached record…

Sameer eyes Sh879m from land sale

Sameer Africa is seeking to raise Sh879 million…

State seeks Sh3.8 trillion in private investment for EPZ s

The government is banking on a raft of…

Absa doubles gold units at NSE on high demand

South Africa’s Absa Bank Limited has doubled the…

Private sector credit rises to 6-month high

Growth in private sector credit growth has hit…

Kenya bank jobs increase to seven-year high

Jobs in the banking sector rose to a…

Tullow to pay partners nothing for extra 50pc stake in Turkana oil

Africa Oil and Total will write off billions…

Four banks shortlisted as lead arrangers for new Eurobond

Four banks have been shortlisted as potential lead…