Corporate results, deals and leadership.
Recognition signals global confidence in Kenyan banking as Equity’s footprint, balance sheet, and resilience draw international spotlight Equity Bank Kenya has received a prestigious international accolade in London, recognising its outstanding performance…
In a sharp rebuke of unregulated informal commerce, Nairobi Chief Officer for Environment Geoffrey Mosiria on Wednesday, April 16, 2025, revealed that hawkers at Green Park are misusing public toilets as storage facilities for goods and engaging in open‑air…
The National Assembly has voted to scrap excise duty on a raft of imported goods, headlined by fully‑assembled electric transformers, in a move MPs say will slash energy costs and unfreeze stalled grid‑connection projects. The Excise Duty (Amendment) Bill…
Deal flurry, cheaper money and fresh capital injections jolt Kenyan markets into Q2 Nairobi, 16 April 2025 — Kenya’s business week roared to life with a string of high‑octane moves that spanned oil, banking, fintech and infrastructure, signalling that the…
SBM Bank Kenya has reported its first quarterly profit in a year, reversing a string of losses that saw the lender close 2024 with a net deficit of Sh1.07 billion. Unaudited results for the three months ended 31 March 2025 show a net profit of Sh212 million,…
The Kenya-UAE deal represents a significant strategic partnership aimed at strengthening economic, technological, and infrastructural ties between the two countries. While the specifics can vary based on recent developments and negotiated terms, several key…
As of now, there are no verified reports confirming the arrest of Kiambu Governor Kimani Wamatangi by the Ethics and Anti-Corruption Commission (EACC), nor has there been any official confirmation regarding the alleged recovery of Sh12 million in cash from…
Once hailed as a promising new frontier in agricultural diversification, silkworm farming in Kenya has lost momentum, with many small-scale farmers abandoning the venture due to a combination of economic, logistical, and institutional challenges. At the heart…
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