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Lower operating costs offset weaker lending income as interest rates fall.
Under the new rules, manufacturers must pay a levy of 0.2 percent of their monthly turnover in respect of manufacturing activities.
Strong demand pushes Kenya’s first IPO in 11 years above target.
The arrest warrant came after the State prosecutor told the magistrate that the High Court dismissed Mr Ndeta’s petition to halt his prosecution.
'People told us that there was investor apathy and that investors were not coming in. Today we're talking about 73,000 individual investors in the share register.'
Overqualified but overlooked: how Kenyans trained in Russia carved out careers back home.
The proposed law seeks to amend the Architects and Quantity Surveyors Act, Cap 525, to establish the Architects Council to replace the Board of Registration of Architects and Quantity Surveyors.
Ziidi Trader builder recounts the two-year journey to bring share trading to the M-Pesa platform.
Interest rates on government securities have come down in recent months in line with the Central Bank of Kenya cutting its base rate from 13 percent to 8.75 percent over the course of 10 successive monetary policy committee meetings since August 2024.
Kenya expects the extension of the SGR to give impetus to the modern railway, which is facing cut-throat competition from trucks owing to its abrupt termination in Suswa, denying traders the convenience of last-mile connectivity.
Kenya’s banking industry has in recent years seen a gradual rationalisation of branch networks, even as digital transactions surge and customers increasingly rely on mobile platforms for routine banking.
In 2021, Jubilee sold majority stakes in its general insurance businesses in Kenya, Uganda, Tanzania, Burundi and Mauritius to Allianz SE in a Sh10.8 billion deal that birthed Jubilee-Allianz —an entity that has since merged with Sanlam General Insurance to form Sanlam Allianz General.
From a family shoe shop to a global brand, Kevin Abwova and his father turned craftsmanship into Kisero Leather.
The court found that the Tujus failed to justify their disobedience of the March 2020 orders in a receivership dispute between Dari Limited and the East African Development Bank (EADB).
Kenya had since 2001 relied on the Common Market for Eastern and Southern Africa (Comesa) safeguards, which were renewed eight times, to shield its high-cost domestic industry from competition.
