Business
All Eyes on Treasury CS Mbadi as He Reads His First Budget
June 12, 2025
All Eyes on Treasury CS Mbadi as He Reads His First Budget
John Mbadi will present his first budget since assuming the reigns at Treasury on Thursday on Thursday, as he looks…
Jambojet Posts Ksh.873 Million Loss in 2024 on High Fuel Costs
June 12, 2025
Jambojet Posts Ksh.873 Million Loss in 2024 on High Fuel Costs
Jambojet, a low-cost subsidiary of Kenya Airways (KQ), reported a Ksh.873 million loss in 2024, worsening from a Ksh.335 million…
Superior Homes, HF Group Sign Deal to Boost Mortgage Access in Kenya
June 10, 2025
Superior Homes, HF Group Sign Deal to Boost Mortgage Access in Kenya
Superior Homes Kenya (SHK) and HF Group have signed an asset financing deal targeting Kenyans who are willing to buy…
State Revives Sugar Board to Restore Investor Confidence in Ailing Sector
June 9, 2025
State Revives Sugar Board to Restore Investor Confidence in Ailing Sector
The Kenyan government has revived the Kenya Sugar Board (KSB) in what is seen as a way of restoring investor…
Rwanda Quits Central African Bloc in Dispute with Congo
June 9, 2025
Rwanda Quits Central African Bloc in Dispute with Congo
Rwanda has said it would withdraw from the Economic Community of Central African States (ECCAS), underscoring diplomatic tensions in the…
dLocal Moves to Acquire Africa-Focused Fintech AZA Finance in Latest Expansion Push
June 4, 2025
dLocal Moves to Acquire Africa-Focused Fintech AZA Finance in Latest Expansion Push
dLocal, the Latin American fintech unicorn known for connecting global merchants to emerging markets, is in advanced talks to acquire…
Kenya Proposes Removing Financial Data Privacy Protection in 2025 Finance Bill
June 3, 2025
Kenya Proposes Removing Financial Data Privacy Protection in 2025 Finance Bill
The Kenyan government is seeking to repeal a legal provision that protects personal and customer financial data from taxman, potentially…
Isuzu, KBL Save Ksh.26 Million Annually in New Energy Management Regulations
May 30, 2025
Isuzu, KBL Save Ksh.26 Million Annually in New Energy Management Regulations
Isuzu East Africa Limited (Isuzu) and Kenya Breweries Limited (KBL) have set a new benchmark in sustainable industrial practices, earning…
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…