Corporate
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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…
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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…
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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…
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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…
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Absa Group Appoints Sitoyo Lopokoiyit as First Non-South African to Lead its Personal and Private Banking
By Roxane Okeke Absa Group Limited has appointed outgoing M-PESA Africa Managing Director Sitoyo Lopokoiyit as Chief Executive for Personal…
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Ecobank Kenya Taps Former Family Bank Boss Mbithi as New Managing Director
Ecobank Kenya has announced Rebecca M. Mbithi as the new Managing Director, starting February 2026. This appointment is subject to…
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Why Ruto Wants Kenya Re, KenGen to Have Private Investors
President William Ruto announced that several state firms, including Kenya Re and KenGen, will soon have private investors at the…
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List of NSSF-owned Assets and Their Rates
The National Social Security Fund (NSSF) is returning to large-scale property development with a Ksh.30 billion mixed-use project planned for…
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Jubilee Holdings Appoints Barbara S. Mulwana as Non-Executive Director
Jubilee Holdings Limited has appointed Ms. Barbara S. Mulwana as a Non-Executive Director, effective February 2, 2026. Ms. Mulwana is…
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SASRA Suspends Licenses of SACCOs Over Regulatory Crackdown
The Kenyan government has intensified regulatory oversight of the Savings and Credit Cooperative (SACCO) sector, resulting in the suspension of…
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