Banks’ stocks of liquid assets have dipped seven percentage points over the last year to 51.6 percent in July as lenders increased loans to the customers....
Payment to Kenyan retirees and their beneficiaries in excess of Sh266 million was returned to the National Social Securities Fund (NSSF) in the financial year ended...
Pwani Oil Products Limited has defended its goods by asserting that the production of their edible oils and fats has always complied with industry standards. This...
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates,the World Bank warned Thursday, calling on governments to...
Financial services group Britam Holdings and NCBA Bank were best performing companies on the Nairobi Securities Exchange (NSE) in the first half of the year based...
Jeremy Awori is set to leave Absa Bank Kenya after nearly 10 years at the helm of the Nairobi Securities Exchange-listed lender. The board of Absa...
Kenya’s private sector business confidence has dropped to a 16-month low as firms reduced their output and new orders on account of August polls. This is...
KCB Group raised its stake in its Rwandan subsidiary by an additional 10.8 percent to 87.5 percent after merging KCB Bank Rwanda and Banque Populaire du...
Kenya Power has revived its bid for a review of electricity prices months after power charges were slashed by 15 per cent, sending a heavy blow...
The drought situation ravaging parts of Kenya is bound to worsen, dimming expectations of recovery for the region that has experienced famine for over three years,...