The collapse of Kenya’s previous IMF arrangement followed deadly anti-government protests last year triggered by controversial tax increases proposed in the Finance Bill 2024.
Nairobi, Sept 24 – Global payments firm PayPal has announced a $100 million investment to accelerate digital commerce across the Middle East and Africa, a move...
Walk through a Nairobi café or sit in traffic on a matatu and the conversations are often the same — school fees, rent, side hustles. These...
Central bank revokes licence of money transfer startup after eight months of operations
The consignment was destined for Pemba Cargo Limited but had been declared by Portyard Limited through consolidated cargo arrangements.
In June 2025, Duale presided over the destruction of more than 5.5 tonnes of illegal tobacco products seized at Eldoret Airport, describing such smuggling operations as...
In a move aimed at easing the financial burden on Kenyans with international ties, Co-operative Bank of Kenya has unveiled a limited-time promotion offering reduced foreign...
The lawyer accuses Britam of acting in bad faith and engaging in corporate impunity while making an unjustifiable attempt to avoid its lawful obligations under the...
The estate had sued the lender in March 2024, demanding a full account of the missing money and the identities of those who benefited from the...
The fresh claims come just weeks after the Supreme Court affirmed earlier judgments awarding the original group of 629 former workers approximately Sh7 billion in compensation...
During the upgrade period, all M-Pesa services, including airtime purchase, will be temporarily unavailable.
The expansion initiative has already begun with China Communications Construction Company (CCCC) mobilizing to the site to demolish the decommissioned Kipevu Oil Terminal.
Alliance One Tobacco Kenya Limited, a local subsidiary of the US-based Alliance One International, had argued that its tobacco processing activities were merely preparatory steps that...
Members of the parliamentary committee on trade, industry and cooperatives reckon that the firm acquiring the stake is eyeing EAPC assets, notably land that is valued...
A deal for TikTok, which had been in the works in the spring, was put on hold after China indicated it would not approve it following...
Under pressure in court, Rajoriya admitted that he had not conducted any internal investigation nor accessed original company records.
In a spotlight on Africa’s burgeoning financial ecosystem, The Co-operative Bank of Kenya (Co-op Bank) was honored at the prestigious Global SME Finance Forum 2025 here...
The transaction, completed through his investment firm Kenbe Investments, involved purchasing half of Bakki Holdings Company from Centum Investments.
The scanners, currently on pilot since early 2025, are scheduled for full rollout by June 2026.
A Kenyan court has delivered a costly lesson in professional accountability after ordering property valuation firm NW Realite Limited to pay Sh29.7 million in damages for...
