Equity, Co-op lead in Sh424bn new loans to small businesses

Nairobi, Nov. 13 -- Banks extended Sh424.67 billion in fresh loans to small businesses in the nine months to September 2026, surpassing last year's lending as Equity Bank Kenya and Co-operative Bank o... Read More

KRA to refund Absa Sh317m tax on card fees

Nairobi, Nov. 13 -- The Tax Appeals Tribunal has ordered the Kenya Revenue Authority (KRA) to refund Absa Bank Kenya Sh317.2 million in withholding tax collected in 2020 on card payment fees, after th... Read More

Carbacid ramps up carbon dioxide exports as local competition rises

Nairobi, Nov. 12 -- Industrial gas manufacturer Carbacid Investments Plc has intensified its push into regional export markets to bolster carbon dioxide sales amid mounting competition at home from lo... Read More

KDC seeks IFC-style powers in funding companies

Nairobi, Nov. 12 -- Kenya Development Corporation (KDC) plans to adopt an International Finance Corporation (IFC)-style investment model including tightening appraisal of deals and negotiating stronge... Read More

How a one percent CBR increase would impact banks

Nairobi, Nov. 12 -- Eight commercial banks would require up to Sh16.5 billion in fresh capital to cover for revaluation losses from Treasury bonds if the Central Bank Rate was to be hiked by one perce... Read More

From plastic toys to high-tech: The changing face of 'Made in China'

Nairobi, Nov. 12 -- For decades, China's presence in Kenyan shops was difficult to miss. From plastic toys and cheap electronics to furniture, clothes and household appliances, relatively cheap Chines... Read More

Confused by sushi? Here's what you're eating, and crucially, how to really enjoy it

Nairobi, Nov. 12 -- The plate reached the table, and I forgot that I was here to write about sushi pairing for a moment. Pink salmon rested on pale rice. One roll wore a coat of dark seaweed. Another ... Read More

Williamson Tea swings to Sh291m profit

Nairobi, Nov. 12 -- Williamson Tea Kenya Plc has swung back to profitability for the six months period ending September 2026, as its affiliate Kapchorua Tea also marked a rise in income for the same h... Read More

Michael Mutiga: How a boy who struggled to speak rose to lead a bank

Nairobi, Nov. 12 -- Bankers, it would seem, tread with padded paws. Moving without disturbing the air too much. Michael Mutiga talks like that. Measured. Each word set down gently, like a glass on a t... Read More

Quickmart investors gain Sh5.6bn on first day of trading

Nairobi, Nov. 12 -- Shareholders of retail chain Quickmart gained Sh5.6 billion in paper wealth on the first day of trading after listing at the Nairobi Securities Exchange (NSE) on Thursday, with the... Read More

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