The government has introduced a duty waiver on imported yellow maize to address rising maize prices, which have been driven by increased competition between animal feed manufacturers and maize flour…
Airtel Kenya is ramping up efforts to grow its Airtel Money service by leveraging the extensive networks of microfinance and commercial banks across the country. The telco announced on Thursday…
East African Breweries Limited (EABL) has concluded its tender offer to buy out minority shareholders in Uganda Breweries Limited (UBL), securing only a small fraction of its intended target. The…
Hundreds of traders in Kenya’s booming precious metals and stones sector risk losing their trading licenses starting next week unless they register with the Financial Reporting Centre (FRC), a government…
Jubilee Holdings has reported a sharp 82.5% rise in net profit to Sh4.72 billion for the year ended December 2024, driven by strong insurance growth and a rebound in investment…
Tatu City has suffered a significant legal defeat after a court ruling blocked its attempt to claim Ksh10 million from Home Bridge Ltd in a dispute over service charges. The…
Kenya’s banking sector, which has experienced consistent growth over the past two decades, faced a rare setback in 2024 as listed banks recorded their first decline in asset value. The…
Kenya’s Cabinet Secretary for Investments, Trade, and Industry, Lee Kinyanjui, has outlined how the country could leverage the newly introduced 10 percent tariff on its exports to the United States.…
In a significant financial shift, KCB Group has emerged as Kenya’s most profitable corporate group, surpassing Safaricom with a Profit After Tax (PAT) of KSh 61.8 billion in 2024. This…
British private medical insurer Bupa Global has officially entered the African market with the opening of its first regional office in Nairobi, Kenya. This move marks a significant milestone in…