Nairobi, Oct. 8 -- New Central Bank of Kenya (CBK) rules have triggered anxiety among non-deposit-taking credit providers (NDTCPs), with analysts raising concerns about non-clarity in the set order of... Read More
Nairobi, Oct. 8 -- The International Finance Corporation (IFC) is set to lend $10 million (Sh1.3 billion) to Mombasa-based medical device manufacturer Revital Healthcare (EPZ) Limited to aid its expan... Read More
Nairobi, Oct. 8 -- I attended an event in Nairobi on Thursday convened by the Kenya Sugar Board and billed as a "consultative stakeholder meeting" on the availability and use of locally refined white ... Read More
Nairobi, Oct. 8 -- An heir of supermarket chain Naivas Limited, Peter Mukuha Kago, has won a Sh777 million tax dispute against the Kenya Revenue Authority (KRA) over the financial operations of a firm... Read More
Nairobi, Oct. 8 -- Quickmart shoppers had accumulated Sh139 million worth of unredeemed loyalty points by the end of last year, highlighting the growing value of customer rewards schemes in Kenya's su... Read More
Nairobi, Oct. 8 -- The High Court has quashed notices issued earlier this year seeking interested buyers for Nairobi's 14 Riverside Drive, which houses DusitD2 hotel. The court ruled that the process... Read More
Nairobi, Oct. 8 -- The regulated Sacco sector is becoming increasingly concentrated, with 61 tier-one societies controlling more than 70 percent of the market even as smaller groups hold on to their e... Read More
Nairobi, Oct. 7 -- Banks have secured relief from a tax claim on interest earned from borrowers who delay loan repayments after the Tax Appeals Tribunal ruled that default interest is not subject to e... Read More
Nairobi, Oct. 7 -- The government has cut the pace of construction of new roads by 62 percent over the past four years of the current administration, official data shows, with the length tarmacked sta... Read More
Nairobi, Oct. 7 -- The anchor shareholders of Quickmart can sell up to 800 million shares or 40 percent of their remaining stake without restriction, following the retailer's initial public offering (... Read More