Business
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 JulyÂ
May 26, 2025
Trump Postpones 50% Tariffs on EU Goods to JulyÂ
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…
Kenya to Sell Part of Safaricom Stake to Raise Ksh.149 Billion in Privatisation Drive
May 26, 2025
Kenya to Sell Part of Safaricom Stake to Raise Ksh.149 Billion in Privatisation Drive
Kenya is preparing to offload an undisclosed portion of its 34.9% stake in Safaricom—the region’s most profitable company—in a renewed…
Reason Why Uganda has Cut Military Ties with Germany
May 26, 2025
Reason Why Uganda has Cut Military Ties with Germany
Uganda’s military has severed all military cooperation with Germany after it accused Berlin’s ambassador to Kampala of involvement in “subversive…
African Development Bank to pick new head to confront US funding cuts
May 26, 2025
African Development Bank to pick new head to confront US funding cuts
The African Development Bank will meet in Ivory Coast this week to pick a new president at a time when…
Metropol Unveils Enhanced Analytics Platform to Deepen Credit Market Insights
May 23, 2025
Metropol Unveils Enhanced Analytics Platform to Deepen Credit Market Insights
Metropol has unveiled an upgraded version of the Metropol Analytics Platform (MAP), a cutting-edge tool designed to empower both internal…
Germany Drops TotalEnergies from Sustainability Funds Over Human Rights Concerns in Uganda
May 23, 2025
Germany Drops TotalEnergies from Sustainability Funds Over Human Rights Concerns in Uganda
Germany’s Union Investment has removed French energy giant TotalEnergies from its sustainability funds and is calling for an independent human…
Family Bank Posts Ksh.1.05 Billion Profit in Q1 2025 on Cost Controls
May 22, 2025
Family Bank Posts Ksh.1.05 Billion Profit in Q1 2025 on Cost Controls
Family Bank Group recorded a net profit of Ksh.1.05 billion in the first quarter of 2025, marking a modest increase…