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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...

Another big crypto exchange goes bankrupt after FTX

Cryptocurrency exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks...

Family Bank eyes Sh13bn to fund new acquisitions

Family Bank is eying up to $100 million (Sh13.7 billion) through private placement to fund...

Comparative advertising: When ex-staff steal clients by defaming you

I have a tour company that targets tourists from Europe.

Banks sue to fight 15 percent tax on hedging deals

Commercial banks have moved to court to stop regulations requiring them to pay a 15 percent...