Vodacom inked an agreement with the Treasury in December to purchase a 15 percent stake in Safaricom for Sh204.3 billion.

KCB Group has doubled its final dividend to Sh3 per share after posting 11.2 percent rise in net profit for the year ended December, driven by growth in interest income.

Sometimes, as geopolitical shocks. And occasionally, as Nairobi floods, it forces your parents to finally spend the night in your house. Weak brackets collapse quickly. Strong ones quietly hold.

SBM’s total capital to total risk weighted assets ratio stood at 15 percent being 0.5 percentage points above the statutory requirement.

Data from the Central Bank of Kenya, which regulates commercial banks, put the NPL ratio for the banking industry at 15.43 percent in the same period, down from 16.4 percent in December 2024.

Dr Kalebi sued his former employer and partners seeking compensation as the founding shareholder of the company.

Stanbic Holdings has disclosed a dividend payout policy of up to 65 percent of net earnings, signalling scope for higher returns to shareholders on the back of four consecutive years of increased ...

The IRA decision effectively bars the three insurers from entering into any new insurance contracts. Existing customers will have to seek covers from other insurers.

Kenya received its first commitment from China in four years, breaking a lull that came after Beijing slowed down lending to developing countries on increased risks of debt distress. Data from the ...

Businesses flagged under the system are effectively locked out of filing VAT returns through the iTax portal, making compliant companies reluctant to trade with them because they cannot ...