Banking
Equity Group Enters Asset Management Race After Securing CMA License
The bank’s divestiture marks a new entry to support its’ unit trusts
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All MarketsDHL Halts Global Deliveries to U.S. Over Trump Tariff Chaos
DHL Express has suspended all deliveries to U.S. consumers worth over $800 (approx. Ksh103,649) due to a surge in customs red tape under Donald Trump’s newly reimposed tariff regime. The global logistics giant announced it will temporarily stop shipments from…
What Freedom of London City Honours Means for Equity Bank’s James Mwangi Means
Dr. James Mwangi, CEO of Equity Group Holdings, has been awarded the Freedom of the City of London, one of the city’s oldest and most prestigious civic honors. This recognition celebrates his decades-long commitment to financial inclusion, equitable economic…
Tullow Oil Exits Kenya; Sells Entire Business to Local Gulf Energy at $120 mn
UK-based Tullow Oil has announced a landmark deal to sell its Kenyan oil assets to Gulf Energy Ltd for a minimum of $120 million, marking a strategic exit from the country as it moves to reduce its $1.5 billion net debt. The transaction includes; • Three…
Companies
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Treasury Staff Arrested in Bribery Syndicate Bust by the Ethics & Anti-Corruption Commission
Four employees from the National Treasury’s Pensions Department have been arrested for allegedly running a bribery syndicate targeting members of the public. The Ethics and Anti-Corruption Commission (EACC) confirmed the arrests on Thursday, following a…
Economy
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Truckers’ Lobby Sounds Alarm Over Missing CD Endorsement on Renewed Licences
Long distance truck drivers and conductors lobbies announce their disquiet with transport regulator, NTSA
Banking
All BankingEquity Group Enters Asset Management Race After Securing CMA License
The bank’s divestiture marks a new entry to support its’ unit trusts
Agriculture
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Kenya’s High Court Hears Landmark Petition Challenging Seed Law 
The High Court in Machakos today heard a constitutional petition challenging Kenya’s Seed and Plant Varieties Act (Cap. 326). The petitioners argue that the Act infringes upon farmers’ rights by criminalizing the sharing and exchange of indigenous seeds. The…
Sasini PLC Reports Sh113 Million Half-Year Loss Amid Currency and Market Pressures
Sasini PLC, a leading Kenyan agribusiness firm, reported a net loss of Sh113.1 million for the half-year ending March 31, 2025, marking its steepest first-half loss since 2020. The company’s revenue declined by 1.1% to Sh2.96 billion, primarily due to…
Policy
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Ex DP Rigathi Gachagua confirms he will build mausoleum for former MP Johana Ng’eno in Emurua Dikirr
The former second in command visited the family to pay his belated respects for the MP who died in March
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Energy
Deported Ruto Ally’s Solar Power Deal Sparks Uproar Over Cost, Land Use, and Political Ties
A solar power project linked to deported Turkish businessman Harun Aydin—once a close ally of President William Ruto—is raising eyebrows over its unusually low budget, massive land allocation, and questionable regulatory approvals. Aydin’s firm, Unit 2HA…
Investigations
Questions emerge on betting firms’ shadowy dealings with the regulator and Safaricom
A High Court judgment naming Odibets, Betika and Kwikbet as recipients of data stolen from 11.5 million Safaricom subscribers has pulled Kenya’s new gambling regulator into its first real test.