Business

All Eyes on Treasury CS Mbadi as He Reads His First Budget

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

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

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

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

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

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

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

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

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

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…
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