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

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

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

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

Bank customers lose a record Sh1.9bn to fraud

Nairobi, Nov. 5 -- Fraudsters stole a record Sh1.9 billion from banks in Kenya last year, highlighting the growing financial pain of cybercrime as crooks exploit loopholes in electronic payment channe... Read More

MP proposes parental consent for under-18s using social media

Nairobi, Nov. 5 -- Children below 18 will be blocked from accessing social media platforms without parental consent if Parliament approves a proposal aimed at shielding minors from harmful online cont... Read More

The Kenyan creative turning tree roots into Sh3.3m collectible furniture

Nairobi, Nov. 5 -- A dining table can be more than a place to eat. It is nowadays becoming a collectible art. For Sheila Cleo, founder of Grain and Stone Design Studio, furniture offers an opportunit... Read More

KQ loses bid to stop contractor claim in staff houses project row

Nairobi, Nov. 5 -- Kenya Airways has lost a court bid to stop a claim from real estate developer Epco Builders over 312 homes planned for the airline's staff. The High Court dismissed the national ca... Read More

Workers win as court purges law barring advocates from dismissal complaints

Nairobi, Nov. 5 -- The Employment and Labour Relations Court has declared unconstitutional a law barring advocates from representing parties in unfair dismissal complaints before labour officers, ruli... Read More

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