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Latest Business News

Four counties hold 55pc of all bank branches in Kenya

Four counties account for more than half of…

StanChart gets nod to sell assets in loan default

The High Court has allowed Standard Chartered Bank…

BAT Group elevates Nairobi in Africa reorganisation

British American Tobacco (BAT) Plc of London has…

Safaricom buys M-Pesa cash firm from Vodafone

Safaricom is set to buy M-Pesa Holding Company…

State ends bailouts for KQ to pave way for restructuring

Kenya Airways (KQ) is among several State entities…

Banks in poor financial health rise to 13 in a year

The number of commercial banks in poor financial…

Fuliza revenue falls to Sh5.4bn after reduction of fees

Safaricom’s revenues from its popular overdraft facility Fuliza…

Rich Kenyans get helicopters tax cuts in President Ruto budget plan

Wealthy Kenyans and politicians will import helicopters and…

Ethiopia grants Safaricom M-Pesa licence

Ethiopia has granted Safaricom a licence to launch…

President Ruto to spend Sh100bn on new trains, SGR revamp

President William Ruto’s administration has stepped up expenditure…