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Digital loans hit Sh154 billion amid borrowing frenzy

Nairobi, Nov. 7 -- Digital credit providers (DCPs) disbursed an additional Sh43.7 billion in the six months ended June 2026 to take their total outstanding loan book to Sh153.8 billion, signalling con... Read More


Carbacid ramps up solar projects to cut KPLC bills

Nairobi, Nov. 7 -- Carbacid Investments is expanding its solar power capacity as the carbon dioxide producer seeks to reduce electricity costs at a time when the price of power from the national grid ... Read More


How decades of back pain led Anne Nyokabi to join the gym at 48

Nairobi, Nov. 7 -- For nearly 20 years, Anne Nyokabi lived with lower back pain. She underwent an MRI scan, tried physiotherapy, and learnt to work around the discomfort. The pain had begun around the... Read More


MTN Uganda profit up 21pc to Sh18bn in nine months

Nairobi, Nov. 6 -- MTN Uganda posted a 21.2 percent growth in net profit to an equivalent of Sh18.2 billion in the nine months ended September, helped by the absence of a tax of Ush111 billion (Sh3.5 ... Read More


Quickmart IPO oversubscribed by Sh3.4bn on foreign investor support

Nairobi, Nov. 6 -- Quickmart's initial public offering (IPO) has been oversubscribed by Sh3.4 billion, after it received Sh18.4 billion against a targeted Sh15 billion. This marked a subscription of ... Read More


Safaricom stake in Ethiopia unit falls to 54pc on new Sh25bn funding

Nairobi, Nov. 6 -- Safaricom Plc shareholding in its Ethiopian subsidiary fell slightly to 54.09 percent in the six months to September after a Sh25 billion ($193 million) new funding round for the bu... Read More


Why Sh52m failed to save Tuju's second Karen asset from auction

Nairobi, Nov. 6 -- Former Cabinet Secretary Raphael Tuju and Dari Limited have lost their bid to stop the auction of Entim Sidai Wellness Sanctuary in Karen, Nairobi, after failing to meet a Sh50 mill... Read More


US investors raise Kenya portfolio holdings to four-year high

Nairobi, Nov. 6 -- American investors, both individuals and corporates, raised their portfolio holdings in Kenya by 45 percent in 2025 to Sh258 billion ($1.9 billion), the highest level in four years,... Read More


KenGen in High Court to stop Sh2.3bn tax on dividend

Nairobi, Nov. 5 -- KenGen has gone to the High Court seeking to overturn a Sh2.35 billion claim from the Kenya Revenue Authority (KRA) in a legal battle that has lasted more than a decade. The taxman... Read More


Nearly half of cigarettes sold in Kenya are illegal

Nairobi, Nov. 5 -- Dealers in illicit tobacco products have now captured nearly half of Kenya's cigarette market, underscoring the rapid growth of the contraband trade fuelled by lax enforcement and t... Read More