Treasury selling Safaricom shares at 15.4pc discount, Investment bank says

Nairobi, Dec. 8 -- Standard Investment Bank (SIB) says the National Treasury is selling its 15 percent stake in Safaricom at a discount of 15.4 percent, based on comparisons of recent transactions of ... Read More

Credit Bank cleared to auction Upper Hill land in Sh2 billion loan dispute

Nairobi, Dec. 8 -- Credit Bank Ltd can now proceed with the planned sale of a property in Upper Hill area -where Africa's tallest building was to be built a few years ago- to recover a debt of more th... Read More

Credit Bank cleared to auction Upper Hill land in Sh2bn loan row

Nairobi, Dec. 8 -- Credit Bank Ltd can now proceed with the planned sale of a property in Upper Hill area -where Africa's tallest building was to be built a few years ago- to recover a debt of more th... Read More

Kenya Power slapped with Sh20m penalty for illegal power lines on private land

Nairobi, Dec. 8 -- Kenya Power has been ordered to pay a Nyeri couple Sh20 million in damages after the Environment and Land Court found the utility firm guilty of trespassing and erecting high-voltag... Read More

Investment bank says Treasury selling Safaricom shares at 15.4pc discount

Nairobi, Dec. 8 -- Standard Investment Bank (SIB) says the National Treasury is selling its 15 percent stake in Safaricom at a discount of 15.4 percent, based on comparisons of recent transactions of ... Read More

You only need one teaspoon of salt per day..

Nairobi, Dec. 8 -- During this holiday season, nyama choma will be on most tables, often served with a little extra salt for more flavour. It may seem harmless to sprinkle 'just a bit more.' Still, n... Read More

Kenya's 5G subscribers hit 1.5 million as adoption accelerates

Nairobi, Dec. 8 -- The number of mobile subscribers connected to the fast fifth-generation (5G) network grew 19.96 percent during the three months to September, rising to 1.5 million up from 1.2 milli... Read More

Gulf Energy pushes for railway transport of Turkana crude oil

Nairobi, Dec. 7 -- Gulf Energy wants the government to extend the railway to Lokichar in Turkana County by 2030 to transport crude oil to the port of Mombasa, marking a departure from the State's earl... Read More

Why banks hold the key to fixing Kenya's insurance trust issue

Nairobi, Dec. 7 -- Trust is the bedrock of economic growth, the efficient functioning of institutions, and social cohesion. In financial services, it is the invisible currency that underpins every tra... Read More

Treasury says no immediate plan to sell 25.3pc stake in East African Portland Cement

Nairobi, Dec. 5 -- Treasury Cabinet Secretary John Mbadi says the government is reviewing its shareholding in several State-owned enterprises but has yet to decide whether to follow the National Socia... Read More

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