Kenya Banks’ Sh224bn record profits signal bonus, dividends boom Banks’ pre-tax profits for 11 months to November last year hit a record Sh223.7 billion on increased lending, setting the stage for...
Kenya Users allowed to sue Safaricom over clients’ bank details access The High Court has allowed millions of Safaricom subscribers to join a class action suit against the telecoms operator ...
Kenya State bursts recurrent budget forecast by Sh81.7bn President William Ruto’s administration projects expenditure for the day-to-day running of the government is Sh81.7 billion more than what th...
Kenya KRA in dilemma over Ruto directive on seizing property The Kenya Revenue Authority (KRA) faces a legal dilemma in the wake of President William Ruto’s directive to the taxman to go slow on iss...
PUBLIC SECTOR Appointments: Cabinet Secretary for Interior and National Administration, Kithure Kindiki, has appointed: Silas K. Sachida, Masika M. Mukuyuni, Geoffrey Wanyoike, and Moses Mucheru Hopki...
Kenya and South Africa have enjoyed cordial relations since post-apartheid when resident diplomatic missions in Kenya and other countries were reopened. The cordial relations between the two countries...
Kenya Uber, Bolt and Little drivers demand commission cut Taxi drivers signed up on Uber Kenya, Little and Bolt platforms Thursday went on strike in a bid to push the firms to lower the commission cha...
Kenya President Ruto to reverse Uhuru’s termination of JKIA deal President William Ruto’s administration plans to revive the Sh56 billion airport tender cancelled eight years ago, reversing anothe...
KENYA Treasury disowns official papers on Sh1.3bn China fine for SGR loans The Treasury Thursday disowned an official statement indicating that Chinese lenders penalised Kenya Sh1.312 billion for dela...
ANDA Rwanda, EU sign Rwf72.5 billion deal for climate-resilient agriculture The Government of Rwanda and the European Union signed a financing agreement worth €69 million (approx.Rwf72.5 billion) to...
Kenya Treasury asks MPs to unlock Sh39bn county allocations The National Treasury has asked the new Parliament to reintroduce and fast-track a Bill that will unlock Sh39 billion in additional allocati...
KENYA State saves Sh9.4 billion from scrapped fuel subsidy The Treasury will save an estimated Sh9.49 billion from the partial withdrawal of fuel subsidies that sent diesel and petrol prices to a hist...