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Parastatal chiefs face fines for non-remittance of profits

Kenya has 46 commercial State-owned entities, the majority of which are in the transport and...

NCBA overtakes KCB, Equity in high value accounts

The latest bank supervision report shows that NCBA’s high-net-worth accounts more than doubled...

Expats in Kenya wire out record Sh87 billion

CBK said most of the money was wired to countries within the East African region through...

Faulu Microfinance Bank launches money market fund

Faulu Bank said it will leverage on the extensive expertise and resources of its parent...

Kenya Railways dangles lounge, meals in SGR premium rates

Passengers will pay Sh12,000 for the premium class coaches as children pay Sh6,000.

How I built my dream home balancing budget, creativity and needs

At first, Sia Sambeke wanted a small manageable place, but Kerarapon turned out better and bigger.

Treasury fails to disburse Sh30bn in counties cash

Nairobi, Nakuru, Turkana and Kakamega each missed out on more than Sh1 billion.

Simmering political tensions pull shilling into fresh slump

The depreciation now risks setting up consumers for a new wave of currency-driven price...

Higher Maasai Mara game park fees send tourists to Serengeti as season starts

Harrison Nampaso, the chairman of the Mara Managers Association, says bed occupancy in the...

Backed by Joe Biden, Kamala Harris moves to lock up White House bid

Her campaign officials and allies made hundreds of calls on behalf of Harris, urging delegates...

Kenyans stash extra Sh3bn in Switzerland tax haven

The assets in Switzerland grew to Sh9.82 billion in the review period from Sh6.82 billion in 2021.

Microfinance banks suffer record loss as loans shrink

Last year’s performance means that microfinanciers maintained their loss-making streak, having...