Business

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 …

The highly anticipated Global AI Summit on Africa officially kicked off today at the Kigali Convention Center (KCC), marking the first high-level gathering dedicated to exploring the continent’s role in …