Business news
Prices for standalone houses soar as Nairobi apartments lose value
The rise in standalone house prices contrasted with the performance of high-end apartments in...
BOC’s share price doubles after Carbacid withdraws buyout offer
The company’s market capitalisation has now grown to Sh3.4 billion, driven by higher earnings...
Seven insurance firms face IRA fines for reporting breaches
The latest disclosures highlight persistent compliance gaps in the sector, where 33 insurers...
KRA, SportPesa fight over seizure of Sh1bn in telcos
The fresh tax row comes seven years after the pursuit of Pevans East Africa, which then...
How AI adoption is making insurers rethink cyber cover
Cyber insurance has historically focused on attacks by external actors who infiltrate company...
The quiet return of Paul Muthaura as American Chamber of Commerce boss
AmCham is a business lobby group representing US companies in Kenya.
Fresh twist in Devani trial over Sh7.6bn Triton oil scandal
Mr Devani was charged in 2024 after his forcible return to Kenya, having remained at large...
How Sh299bn fees crashed Mau-Summit toll road deal
From year 14, Kenya was expected to cover the toll shortfall in the event that fewer cars use...
Kenya Re pumps Sh284m in Zambia subsidiary on new capital rules
Kenya Re’s fresh capital, disclosed in the reinsurer’s latest annual report, signals a push to...
KPLC is setting standard for State-owned firms
The level of transparency that KPLC demonstrated ahead of the enactment of the GOE Act is not...
Banks cut lending to parastatals by Sh60bn as reforms raise risk
Law firm says lenders should stop treating State-owned enterprises as quasi-sovereign borrowers...
KMC survival in doubt over mounting losses
Amid the mounting debt and losses, KMC has been unable to service many of its equipment...
