Business
Kenyan Billionair Devki Seeks Ksh.1.6 Billion Out of Court Negotiation With KRA
5 days ago
Kenyan Billionair Devki Seeks Ksh.1.6 Billion Out of Court Negotiation With KRA
Industrialist Narendra Raval is working to settle a Ksh.1.6 billion ($12 million) tax dispute between his company, Devki Steel Mills…
Aviation Workers Call Off Strike After Agreement With Transport CS
5 days ago
Aviation Workers Call Off Strike After Agreement With Transport CS
A strike by Kenyan airport workers has been called off after the Kenya Aviation Workers Union (KAWU) reached an agreement…
NSE Weekly Surge Pushes Market Cap to Ksh.3.4 Trillion
6 days ago
NSE Weekly Surge Pushes Market Cap to Ksh.3.4 Trillion
The Nairobi Securities Exchange (NSE) delivered its largest weekly surge on record as investor wealth climbed by about Ksh.220.24 billion,…
African Startups Debt Financing up 91% to $1.8 Billion in 2025
1 week ago
African Startups Debt Financing up 91% to $1.8 Billion in 2025
African startups increased their use of debt financing in 2025, even as venture capital equity funding slowed. According to a…
KCB, Co-op Bank Rating up B3 on Stable Shilling, Bad Loans Decline
1 week ago
KCB, Co-op Bank Rating up B3 on Stable Shilling, Bad Loans Decline
Kenya’s KCB Bank Kenya, Equity Bank Kenya and Co-operative Bank of Kenya have received an upgrade in their credit rating,…
SACCOs Signal Fintech Shift to Drive Digital Growth
1 week ago
SACCOs Signal Fintech Shift to Drive Digital Growth
Kenya’s cooperative financial sector is turning to partnerships with financial technology companies as SACCOs push to modernise their services and…
Equity, KCB Bank Slash Lending Rate After CBR Revision
1 week ago
Equity, KCB Bank Slash Lending Rate After CBR Revision
KCB Bank, Equity Bank and NCBA have reduced their base lending rates to 8.75%, extending the pass-through of the Central…
Jumia Narrows 2025 Loss to Ksh.7.75B Billion
1 week ago
Jumia Narrows 2025 Loss to Ksh.7.75B Billion
African e-commerce company Jumia reduced its losses in 2025 after pulling out of underperforming markets and cutting back significantly on…
Electric Vehicles Push Kenya Power’s Revenue to Ksh.125.9 Billion
1 week ago
Electric Vehicles Push Kenya Power’s Revenue to Ksh.125.9 Billion
Kenya Power generated Ksh.125.9 million in revenue from electric vehicle (EV) charging in 2025, accordint ot the new data. The…
Spiro Secures Ksh.900 Million for Africa’s E-Mobility Expansion
1 week ago
Spiro Secures Ksh.900 Million for Africa’s E-Mobility Expansion
Spiro Mobility has secured a Ksh.900 million (US$7 million) facility from Nithio’s FAIR Fund in its push to expand electric…