Stories By Bernard Wafula
Kenyan embassies to become trade gateways in deal with Real Sources Africa
Aug 22, 2025 at 12:34 PM
Kenya is repositioning its embassies to act as economic outposts after the Ministry of Foreign and Diaspora Affairs signed a partnership with Real Sources Africa, a homegrown digit...
Sanlam Kenya profit slumps 89 per cent to Sh30.9 million in first half of 2025
Aug 21, 2025 at 02:32 PM
Sanlam Kenya has seen its half-year profit after tax fall drastically to Sh30.9 million in 2025, down from Sh282.2 million in the same period of 2024....
Absa Bank launches Kenya’s inaugural Shariah-compliant product for women
Aug 20, 2025 at 02:47 PM
Absa Bank Kenya has unveiled La Riba Sultanah, the country’s first Shariah-compliant women’s account, positioning it as a tool to strengthen financial independence and support ...
NCBA, ATS Travel deal opens doors for Kenyan entrepreneurs with China trip
Aug 20, 2025 at 12:21 PM
Kenyan business owners now have a unique opportunity to explore China’s bustling markets as NCBA Bank, in partnership with ATS Travel, opens registration for its second internati...
Kakuzi H1 2025 profit hits Sh295.5 million
Aug 20, 2025 at 11:35 AM
Kakuzi Plc, the Nairobi Securities Exchange-listed agribusiness, has posted a net profit of Sh295.5 million for the six months ending June 30, 2025, down from Sh347.5 million recor...
Kenya emerges among Africa’s fastest-growing stablecoin markets, report says
Aug 19, 2025 at 09:36 PM
Kenya is emerging as one of Africa’s fastest-growing markets for stablecoins, with adoption fuelled by inflation, currency depreciation, and the country’s strong mobile money e...
Family Bank H1 2025 net profit rises 38.7 per cent to Sh2.2 billion as revenue grows
Aug 19, 2025 at 01:15 PM
Family Bank Group’s half-year earnings to June 2025 rose sharply, with the lender reporting a Profit After Tax of Sh2.2 billion....
What drove I&M Group's H1 2025 profit before tax surge to Sh11.7 billion - VIDEO
Aug 18, 2025 at 01:47 PM
I&M Group PLC has reported a 34 per cent increase in Group Profit Before Tax (PBT) for the first half of 2025, hitting Sh11.7 billion, up from Sh8.7 billion a year earlier....
Co-op Bank profit after tax goes up by 8.4 per cent to Sh14 billion in HY 2025
Aug 14, 2025 at 08:00 PM
The Co-operative Bank of Kenya has begun the year on a stronger footing, with net earnings for the first half of 2025 climbing to Sh14.1 billion, an 8.4 per cent rise from Sh13 bil...
KPA to raise tariffs on port services from September, fuelling fears of higher costs
Aug 14, 2025 at 11:20 AM
Kenya Ports Authority (KPA) will raise charges on at least 25 services at its Mombasa, Lamu and Inland Container Depots from September 15, 2025, a move expected to increase consume...
Fuel prices to remain stable despite planned KPC, Wandayi says
Aug 14, 2025 at 10:44 AM
Fuel prices in Kenya will remain steady even if the government goes ahead with plans to sell most of its shares in the Kenya Pipeline Company (KPC), Energy and Petroleum Cabinet Se...
KCB Group H1 profit up to Sh32.3 billion, as dividend payout reaches Sh13 billion
Aug 13, 2025 at 06:53 PM
KCB Group closed the first half of 2025 with a Sh32.3 billion profit after tax, up from Sh29.9 billion in the same period last year, marking an 8 per cent improvement....
Kimani Ichung’wa acquires 1 per cent stake in HF Group for Sh138.3 million
Aug 12, 2025 at 03:38 PM
Kimani Ichung’wa, the National Assembly Majority Leader and legislator for Kikuyu Constituency has taken up a one per cent stake in mortgage financier HF Group, formerly Housing ...
Kenya Pipeline value revealed as Govt targets Sh100 billion from stake sale
Aug 12, 2025 at 12:47 PM
Kenya Pipeline Company (KPC), the government-owned fuel distributor, has been valued at about Sh120 billion, according to the National Treasury, ahead of a planned listing on the N...
M-Shwari warns customers over fraudsters claiming to raise loan limits
Aug 11, 2025 at 10:34 AM
M-Shwari has issued a warning to its users about fraudsters falsely claiming they can increase or influence customer loan limits....
Only 18 per cent of govt tenders go to women enterprises in a decade of AGPO
Aug 08, 2025 at 01:09 PM
The promise was 30 per cent. But over a decade since the government ring-fenced public contracts for women, youth and persons with disabilities, less than two-thirds of that target...
Stanbic profit after tax declines by 9 per cent to Sh6.5 billion in first half of 2025
Aug 07, 2025 at 06:04 PM
Stanbic Holdings profit after tax declined by 9 per cent to Sh6.5 billion for the first six months of this year ended June 30, 2025....
Makini School poised to take over Regis Runda Academy operations in Nairobi
Aug 07, 2025 at 12:43 PM
Makini School Limited is preparing to take over the operations of Regis Runda Academy Limited, as disclosed in a legal notice issued under the Transfer of Businesses Act (Cap. 500)...
Kenya to lobby for fairer US export tariffs in upcoming Washington meeting
Aug 06, 2025 at 08:54 PM
Trade officials in Nairobi are preparing for a critical meeting with their American counterparts in Washington, set for August 20, where the future of Kenyan exports to the United ...
KPC employees to get shares in Sh100 billion IPO plan as Govt reduces its stake
Aug 06, 2025 at 02:30 PM
Employees of Kenya Pipeline Company (KPC) will be allocated shares in the firm ahead of its listing on the Nairobi Securities Exchange (NSE) in September, as the government prepare...