Business

Toyota Kenya acquires 35% stake in solar installation firm, Ofgen

Toyota Kenya acquires 35% stake in solar installation firm, Ofgen

Toyota Kenya has acquired a 35 per cent stake in solar installation company Ofgen to deepen the automaker’s interest in…
HELB interest rate on loans unconstitutional, High Court rules

HELB interest rate on loans unconstitutional, High Court rules

The Higher Education Loans Board (HELB) loan interest rated have been ruled unconstitutional by the high court, pitting the lender…
How Baron & Cabot is helping Kenyans buy low-interest rate property in the UK

How Baron & Cabot is helping Kenyans buy low-interest rate property in the UK

Kenya’s middle class and business people have turned to the UK to buy houses for rent out, mostly due to…
William Ruto named President-elect

William Ruto named President-elect

Dr. William Kipchirchir Ruto has been announced the president-elect ending a six-day-long wait among over 50 million Kenyans.The Independent Electoral…
Elon Musk sells Tesla shares worth Ksh.834.4 billion

Elon Musk sells Tesla shares worth Ksh.834.4 billion

Elon Musk has sold nearly Ksh.834.4 billion ($7 billion) worth of Tesla shares, according to legal filings published Tuesday, amid…
CBK grants Virtual Pay operation license for financial services in Kenya

CBK grants Virtual Pay operation license for financial services in Kenya

Virtual Pay Internaltion has been granted an operation license to offer financial services in Kenya.The license from the Central Bank…
Copia ventures into sugar, rice processing in Kenya

Copia ventures into sugar, rice processing in Kenya

Copia Global, an e-commerce platform says it will start processing both sugar and rice in Kenya in a bid to…
Kenya Re half year profit up 56% to Ksh.1.9 billion

Kenya Re half year profit up 56% to Ksh.1.9 billion

Kenya Reinsurance Corporation Limited half year profit grew by 56 percent to Ksh.1.19 billion compared to Ksh.760 billion in the…
NBK inks Ksh.1.1 billion deal with WaterEquity for SME financing

NBK inks Ksh.1.1 billion deal with WaterEquity for SME financing

National Bank of Kenya (NBK) has inked a Ksh.1.1 billion deal with global asset manager WaterEquity to enhance financing to…
CBK warns financial institutions over growing money fraud within self

CBK warns financial institutions over growing money fraud within self

Kenyans are at high risk of losing money through banking fraud owing to mobile banking that has grown from a…
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