business
Fuliza revenue falls to Sh5.4bn after reduction of fees
Safaricom’s revenues from its popular overdraft facility Fuliza have dipped by 8.3 percent to...
Eveready directors resign as new investor awaited
Eveready East Africa’s chairperson Lucy Waithaka and two other directors have resigned amid...
China debt tax load slows down in Ruto’s first budget
Kenya’s debt repayments to China are set to slow down in the new financial year.
M-Pesa deepens share in Safaricom revenue as voice stutters
The share of M-Pesa in Safaricom mobile service revenue has deepened to 41.5 percent.
Rich Kenyans get helicopter tax cuts in President Ruto budget plan
Wealthy Kenyans and politicians will import helicopters and planes at cheaper prices.
Co-op Bank boss pockets Sh287.5 million bonus
Co-operative Bank of Kenya raised the bonus of its chief executive Gideon Muriuki by 7.9...
Solar-powered desalination firm to get Sh410m funding
GivePower is set to receive a Sh410.5 million funding from American tech firm ServiceNow.
High Court upholds KBL, UDV distributorship deal
The High Court has declined to suspend orders blocking Kenya Breweries Ltd and UDV (Kenya) Ltd...
Court orders Facebook’s partner Sama to continue paying moderators
Judge Byram Ongaya has directed the firm to pay the moderators at their current terms and...
Ethiopia grants Safaricom M-Pesa licence
The telco expects to roll out the mobile money services before the end of the year.
Safaricom posts third profit fall to Sh52.5 billion
Profitability stood at Sh52.48 billion, down from Sh67.49 billion posted in the previous period.
Ngumi gets court orders blocking his arrest over Sh6bn Telkom sale
The High Court has barred the anti-graft body from arresting or detaining investment banker...
