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Cytonn fails to stop auction of Ruaka property in Sh1bn loan dispute

Nairobi, June 1 -- Cytonn Integrated Project LLP has failed in its bid to stop SBM Bank (K) Ltd from auctioning part of its property in Ruaka, Kiambu County, to recover a debt exceeding Sh1 billion. ... Read More


Spiro raises Sh28bn to expand bikes production, battery swap

Nairobi, June 1 -- Electric motorcycle company Spiro has raised $215 million (Sh27.8 billion) in fresh funding to expand its battery-swapping network, local manufacturing and enter new African markets... Read More


The tax question in Kenya's evolving digital asset economy

Nairobi, June 1 -- Kenya's digital asset economy is expanding rapidly, but the rules that govern it are still taking shape. As adoption accelerates, the real challenge is no longer whether to regulat... Read More


Kenya loses Sh11bn stake in AfDB amid cash crunch

Nairobi, June 1 -- Kenya has lost 6,715 shares at the African Development Bank (AfDB), valued at Sh11.9 billion, after it failed to complete annual subscription, affecting its ownership in the multila... Read More


Chasing the next big investment? How to separate opportunity from hype

Nairobi, June 1 -- The Capital Markets Authority has been approving a growing number of special funds and multi-asset investment vehicles, signalling a notable shift in Kenya's investment landscape. ... Read More


Rise in Sh1,000 bank notes in circulation

Nairobi, June 1 -- The Sh1,000 note is entrenching itself at the heart of Kenya's cash economy as notes in circulation surged to Sh388.4 billion after the new currency printing tender. Latest data fr... Read More


World Cup 2026 sparks a $11bn transformation

Nairobi, June 1 -- When the US, Canada, and Mexico jointly host the 2026 FIFA World Cup, the world will witness more than a sporting spectacle. It will mark the largest commercial and technological mo... Read More


Ruto's housing push claims bigger share of development budget

Nairobi, June 1 -- Development spending on housing continued to absorb the largest share of government development expenditure in the first nine months to March, despite increased funding for roads, u... Read More


Kenya exports to US hit record high after Trump Agoa renewal

Nairobi, June 1 -- Kenya's monthly domestic exports to the US jumped to a record Sh10.5 billion in March after President Donald Trump renewed the African Growth and Opportunity Act (Agoa), restoring d... Read More


Ex-Scangroup boss seeks board ouster at AGM next week

Nairobi, June 1 -- WPP Scangroup founder and former CEO Bharat Thakrar is seeking the support of fellow minority shareholders to oust the firm's board at the annual general meeting (AGM) scheduled for... Read More