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SBM Bank partners with gym to promote fitness and wellness of its elite customers
Feb 10, 2025 at 06:29 PM
SBM Bank Kenya has partnered with Westgate Shopping Mall’s W Exclusive Fitness and Wellness luxury gym in Nairobi to boost the well-being and fitness of its elite customers and s...
How Bolt is leveraging technology to enhance safety of riders and drivers
Feb 09, 2025 at 04:00 PM
In a bustling metropolis like Nairobi, where the rhythm of life flows through the daily ebb and flow of ride-hailing services, safety is paramount....
Labh Singh Harnam Singh placed under administration over Sh1 billion KCB debt
Feb 07, 2025 at 03:23 PM
Labh Singh Harnam Singh (LSHS) Ltd., a long-standing and prominent bus body builder in East Africa, has been placed under administration, throwing the future of the company into un...
KenGen’s profit jumps 79 per cent to Sh5.3 billion despite stagnant revenue
Feb 07, 2025 at 02:11 PM
Kenya Electricity Generating Company (KenGen) PLC has posted a 79 per cent rise in after-tax profit for the six months ending December 31, 2024, driven by aggressive cost-cutting a...
Safaricom, Opportunity International unveil FarmerAI for smallholder farmers
Feb 07, 2025 at 12:41 AM
Safaricom PLC in conjunction with Opportunity International has introduced FarmerAI, a chatbot designed to equip smallholder farmers with real-time, tailored agricultural insights,...
KEBS and EPRA allay fuel quality fears, confirm compliance with standards
Feb 06, 2025 at 08:03 PM
The Kenya Bureau of Standards (KEBS) and the Energy & Petroleum Regulatory Authority (EPRA) have assured the public that petroleum fuels sold in the country meet the required quali...
Kenya Pipeline eyes NSE listing after record Sh3 billion dividend payout
Feb 06, 2025 at 07:06 PM
The Kenya Pipeline Company (KPC) is considering an Initial Public Offering (IPO) at the Nairobi Securities Exchange (NSE), according to National Treasury Cabinet Secretary John Mba...
KQ caught up in yet another passenger drama, this time in South Africa - VIDEO
Feb 06, 2025 at 03:06 PM
Kenya Airways (KQ) has found itself embroiled in yet another controversy regarding its passenger boarding procedures....
Kenya Railways to unveil link train to boost Mombasa CBD connectivity
Feb 06, 2025 at 11:53 AM
Passengers travelling on the Madaraka Express Passenger Service to and from Mombasa will soon enjoy seamless access to the city centre following Kenya Railways Corporation’s plan...
CBK cuts CRB lending rate to 10.75 per cent in bid to spur economic growth
Feb 06, 2025 at 12:37 AM
The Monetary Policy Committee (MPC) of the Central Bank of Kenya (CBK) has announced a reduction in the Central Bank Rate (CBR) by 50 basis points, lowering it to 10.75 per cent fr...
NSE CEO challenges family businesses to go public to prosper and outlive founders
Feb 05, 2025 at 05:38 PM
As the landscape of Kenya’s business world continues to evolve, family-owned enterprises are facing a critical decision: adapt or risk losing relevance....
Local banks face new VAT charges on auctioned assets following tribunal ruling
Feb 05, 2025 at 05:14 PM
Kenyan banks are now required to charge Value Added Tax (VAT) on assets seized from loan defaulters and sold via auction, following a landmark ruling by the Tax Appeals Tribunal....
Equity, IFC unveil Sh2.58 billion risk-sharing facility for marginalized groups
Feb 05, 2025 at 03:58 PM
Kenya’s marginalised communities, including refugees in Turkana and Garissa, are set to benefit from a $20 million (approximately Sh2.58 billion) Risk Sharing Facility (RSF) laun...
440km Nairobi-Mombasa expressway secures Sh452 billion US funding boost
Feb 04, 2025 at 07:31 PM
A new chapter in Kenya’s transport infrastructure is unfolding as plans for the Usahihi Expressway, a 440-kilometre dual carriageway linking Nairobi and Mombasa, gain momentum....
Treasury CS Mbadi faces public backlash over Govt lavish expediture, new taxes
Feb 04, 2025 at 05:46 PM
Cabinet Secretary for National Treasury, John Mbadi, found himself at the centre of public scrutiny during his first visit to Bunge La Mwananchi, with questions surrounding governm...
IEK warns that parastatal mergers could result in massive job losses in the sector
Feb 04, 2025 at 05:07 PM
The Institution of Engineers of Kenya (IEK) has issued a statement addressing the Cabinet's recent announcement regarding the reform of state corporations, emphasising the need for...
Kenya Railways warns customers against unofficial Madaraka Express bookings
Feb 04, 2025 at 01:57 PM
Kenya Railways has urged customers to be vigilant when booking Madaraka Express Passenger Service tickets, warning that only transactions made through its official platforms will b...
Kenya’s mobile money transactions fall for second year due to economic strain
Feb 04, 2025 at 01:15 PM
Kenya’s mobile money transactions dropped for the second consecutive year in 2024, with Kenyans moving Sh6.59 trillion, marking a 17 per cent decline from $61.5 billion transacte...
Victory for landowner as court orders NLC to pay Sh65 million for SGR land
Feb 03, 2025 at 07:12 PM
A seven-year legal tussle over land acquired for the Standard Gauge Railway (SGR) project has finally come to an end after the High Court ordered the National Lands Commission (NLC...
KQ defends blocking Nigerian passenger in sanitary pads drama at JKIA - VIDEO
Feb 03, 2025 at 04:46 PM
Kenya's national carrier Kenya Airways (KQ) has found itself at the centre of a heated debate following claims of mistreatment of a Nigerian passenger who was denied boarding at Jo...
Airtel under scrutiny as COMESA probes alleged deception in transaction fees
Feb 03, 2025 at 02:07 PM
The COMESA Competition Commission (CCC) has opened an investigation into Airtel Mobile Commerce over concerns that the telecom giant may be misleading consumers on transaction char...
Fitch Ratings maintains Kenya's 'B-' rating despite economic hurdles
Feb 03, 2025 at 12:33 PM
Fitch Ratings has maintained Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a stable outlook, signalling some positive economic prospects despite ong...
Kenya Airways strengthens global reach through codeshare with Air India
Feb 03, 2025 at 11:01 AM
Kenya Airways has expanded its global footprint by entering into a strategic codeshare agreement with Air India, enhancing connectivity between Africa, India, and other global dest...
BRS launches probes amid panic over data breach in Kenya company registry
Feb 03, 2025 at 09:22 AM
Following reports of a possible data breach affecting its company registry, the Business Registration Service (BRS) has launched an investigation to determine the extent of the inc...
Vivo Energy Kenya launches probe after exposé on quality of Shell V-Power fuel
Feb 03, 2025 at 09:04 AM
Vivo Energy Kenya has launched an investigation following a viral video questioning the quality of Shell V-Power fuel sold at select Shell service stations in the country....
Absa Bank Kenya clinches Top Employer Certification for fourth consecutive year
Jan 31, 2025 at 06:50 PM
Absa Bank Kenya has once again earned the prestigious title of Africa’s top employer, a recognition it has now held for four consecutive years, affirming its position as a leadin...
Apple’s AI push fails to boost iPhone sales as market challenges persist
Jan 31, 2025 at 06:08 PM
Apple’s efforts to revive its iPhone sales through artificial intelligence (AI) enhancements did not yield the expected boost during the holiday quarter, as global sales slipped ...