Lawrence Baraza
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Corporate
Chinese JMC Cars to be Assembled in Kenya After Deal with Caetano
Jiangling Motors Corporation (JMC) launched its brand in the Kenyan market following its partnership with Caetano Kenya, who would be…
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Corporate
Family Bank Shareholders’ Pay Up 52% After Ksh.3.4 Bn 2024 Profit
Family Bank Group’s shareholders will receive their pay at a 52% rate higher compared to 2023, following a record Ksh.3.4…
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Commodities
Vivo Energy Tops Kenya’s Oil Market Share in 2024; See Full Lost
Vivo Energy Kenya Limited has emerged as the leading Oil Marketing Company (OMC) in Kenya, commanding a 21.34% share of…
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East Africa
Nairobi’s Dusit D2 Property Owner Fights Auction in Court
Cape Holding Limited, owner of the multi-billion-shilling 14 Riverside Drive property housing the Dusit D2 hotel, has filed an urgent…
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Corporate
KCB Group To Acquire 75% Stake in Riverbank Solutions
KCB Group is set to acquire a 75% stake in payments solutions startup Riverbank Solutions for $15.4 million (Ksh.2 billion).…
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Kenya
Sumsub Inks Deal With Kenya’s Fintech Association for Digital Innovation
Sumsub has attained platinum membership with the Association of Fintechs in Kenya (AFIK) to accelerate the development of Kenya’s financial…
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Play aviator and win over Ksh.1 million in free bets on SportPesa casino
SportPesa Casino is taking the thrill of online gaming to new heights with the Aviator game, where players now stand…
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Corporate
Absa Bank Kenya Profit up 28% to Ksh.20.9 Billion
Absa Bank Kenya PLC full-year profit surged by 29% to Ksh.29.9 billion due to disciplined execution of customer-centric strategies and…
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East Africa
Ethiopia Faces Steep Losses for Creditors in G20 Debt Restructuring, Moody’s Warns
Moody’s Ratings, concluded its periodic review of Ethiopia’s creditworthiness on Friday, signaling that private creditors are likely to face significant…
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Kenya
Treasury to Release Ksh.65 Billion to Address Teachers, Doctors Funding Gap
President William Ruto has officially assented to the Supplementary Appropriation Bill (National Assembly Bill No. 8 of 2025), paving the…
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