Business
Equity Group Q1 Profit Down 8% on Declined Interest Income
May 29, 2025
Equity Group Q1 Profit Down 8% on Declined Interest Income
Equity Group has reported a pre-tax profit of Ksh.18.7 billion, an 8 percent drop, for the first quarter of 2025,…
Ugandan Shilling Strengthens on Supported Offshore FX inflows
May 29, 2025
Ugandan Shilling Strengthens on Supported Offshore FX inflows
The Ugandan shilling gained on Thursday, helped by dollar inflows from offshore investors participating in this week’s Treasury auction, traders…
Kenya Shilling Holds Steady Against Dollar in Week to Thursday
May 29, 2025
Kenya Shilling Holds Steady Against Dollar in Week to Thursday
Kenyan shilling held steady against the dollar on Thursday, data from the London Stock Exchange Group showed. On Thursday morning,…
DStv Joins Brand Africa Hall of Fame after Being Named Africa’s Top Media Brand
May 28, 2025
DStv Joins Brand Africa Hall of Fame after Being Named Africa’s Top Media Brand
DStv has been crowned the Most Admired African Media Brand in the Brand Africa 100 | Africa’s Best Brands 2025…
Kenya’s Economy to Grow Slowest in 2025 at 4%, Says World Bank
May 27, 2025
Kenya’s Economy to Grow Slowest in 2025 at 4%, Says World Bank
Kenya’s economic growth is projected to decelerate in 2025, primarily due to escalating public debt and fiscal constraints, according to…
List of Candidates Seeking to Succeed Dr. Adesina as AfDB President
May 27, 2025
List of Candidates Seeking to Succeed Dr. Adesina as AfDB President
Five contenders are set to battle it out for the presidency of the African Development Bank (AfDB) on Thursday during…
Absa Bank Kenya Net Profit up 4% to Ksh.6.2 Billion in Q1 2025
May 27, 2025
Absa Bank Kenya Net Profit up 4% to Ksh.6.2 Billion in Q1 2025
Absa Bank Kenya PLC has reported a 4% growth in net profit to Ksh.6.2 billion for the quarter ending March…
Safaricom Shares Dip Slightly Ahead of Planned Government Stake Sale
May 26, 2025
Safaricom Shares Dip Slightly Ahead of Planned Government Stake Sale
Safaricom closed trading on Monday at Ksh.19.85 per share on the Nairobi Securities Exchange (NSE), reflecting a marginal 0.25% decline…
Trump Postpones 50% Tariffs on EU Goods to July
May 26, 2025
Trump Postpones 50% Tariffs on EU Goods to July
President Donald Trump has delayed the implementation of a proposed 50% tariff on European Union imports until July 9, 2025.…
CS Kagwe Releases 200,000 Bags of Maize to Millers to Curb Flour Prices
May 26, 2025
CS Kagwe Releases 200,000 Bags of Maize to Millers to Curb Flour Prices
Agriculture Cabinet Secretary Mutahi Kagwe has released 200,000 bags of maize from the National Strategic Grain Reserve (NSGR) to registered…