Business

Latest Business News

Banks raise fixed deposit rate in battle for premium savers

Banks have this year intensified competition for cash…

Supreme Court stops auction of Raphael Tuju over Sh2.2 billion debt

The Supreme Court has handed ex-Cabinet secretary Raphael…

Crown Paints profit rises 13pc to Sh824m

Crown Paints held off costs to post a…

Serena Hotels operator posts Sh380m profit in turnaround

TPS Eastern Africa, the Serena Hotels brands operator,…

Governor Sakaja promises free parking in city centre on weekends

Nairobi motorists will soon enjoy free parking on…

Stronger dollar to cost Kenyans at the pump

Kenyans will bear costs associated with the weakening…

Buyers lose appetite for Java on low sales

Restaurant chain Java House is struggling to find…

Wealthy Kenyans stash near Sh1 trillion in dollar accounts

Wealthy Kenyans and businesses’ stockpile of dollars nearly…

Equity introduces Sh2.26 SMS charge

Equity Bank Kenya is set to earn hundreds…

Share of foreign investors trading at NSE plunges to 30pc

Foreign investor participation at the Nairobi Securities Exchange…