ABSA Kenya Reports a Resilient Sh6.2 Billion After Tax Profits
Absa Bank Kenya has reported a resilient Sh6.2 billion profit after tax for the first...
Market
Vivo Energy Kenya Reaps Sh336 Million Profit from Controversial Fuel Subsidy Bond
Oil marketer Vivo Energy Kenya has booked a windfall profit of Sh336 million from the...
Kenya’s National Treasury Targets Sh149 Billion From Safaricom Shareholding
The Kenyan government has announced plans to sell part of its 34.9% stake in Safaricom,...
Banks Go on Auction Frenzy as Kenya’s Bad Loans Soar Past Sh700 Billion
Kenyan banks have ramped up auctions of repossessed assets as non-performing loans (NPLs) surge past...
KeNHA Begins Construction of Sh85 Billion Isiolo–Mandera Highway, Funded by World Bank and AfDB
The Kenya National Highways Authority (KeNHA) has officially broken ground on the ambitious 749-kilometre Isiolo–Mandera...
ADB presidency: Zambia’s Dr. Samuel Maimbo is making bold promises to overhaul the continent’s financial future.
As the African Development Bank (AfDB) presidential race heats up, Zambia’s Dr. Samuel Maimbo is...
Sweet Deal as Government Raises Sugarcane Prices by a Minimum of Sh200 Per Tonne
Kenya’s sugarcane farmers have scored a long-overdue win after the government raised the minimum price...
Kenya Ditches IMF Strings in Sh4.3 Trillion Budget Gamble
In a bold fiscal pivot, Kenya’s National Treasury has unveiled a KSh4.3 trillion budget for...
Equity Bank Sacks 200 Over Ksh1.5 Billion M-Pesa Payroll Fraud in Sweeping Internal Purge
Equity Bank has fired over 200 employees in one of Kenya’s largest internal fraud purges,...
The KCB Group posts Sh16.5 Bn Profits as Stanchart Declines By 13.5 Percent
Kenya’s banking sector presented a mixed financial performance in the first quarter of 2025, with...
