As part of its mission to diversify in the East African market, Equity Group will pay RWF54.68 billion (Sh6.67 billion) for its controlling stake in a...
Equity Group will pay RWF54.68 billion (Sh6.67 billion) for a controlling interest in a Rwandan bank, the most recent in a string of transactions that have...
The strain on motorists has been lessened owing to fuel price reductions by the Energy and Petroleum Regulatory Authority (EPRA). EPRA’s monthly fuel update shows that...
According to a new survey, more than 90% of Kenyans oppose the Finance Bill, 2023, which contains the government’s taxation plan for the fiscal year beginning...
Civil servants have defaulted on repayment of Sh6.5 billion in loans they were given to acquire houses under a scheme run by the government. A recent...
The heavy debt load of the national carrier has caused concern among potential investors for the proposed Kenya Airways (KQ) equity stake sale, making it the...
Individual farms and organizations across the country will profit from the reimbursement, which is part of a reward program run by the company. The funds will...
Independent power producers (IPPs) have petitioned Parliament for permission to break Kenya Power’s monopoly and provide electricity directly to consumers. In order to prevent power theft,...
This week, Patrick Njoroge is anticipated to transfer control of the Central Bank of Kenya (CBK) to Kamau Thugge, leaving behind a reputation as a tough...
Amid concerns about money laundering, Kenyans living and working abroad are increasingly choosing traditional, less expensive money transfer methods like “hawala” instead of banks when sending...