Businessman Ndeta, co-accused face arrest over Sh4.5bn loan fraud

Nairobi, March 5 -- A magistrate's court has issued arrest warrants against two businessmen for allegedly using fraudulent means to obtainSh4.5 billion loan from Absa Bank Kenya. The court ordered th... Read More

A decision at 11, activism and jail: The making of Health PS Dr Ouma Oluga

Nairobi, March 5 -- He rocks up for the meeting quietly and on time. One dark car, one light bodyguard, a driver. He is dark himself. When he emerges from his car - tall, starched in an immaculate sui... Read More

Tujus fined Sh400,000 for defying court orders in bank receivership case

Nairobi, March 4 -- Former Cabinet Secretary Raphael Tuju and his three children have each been fined Sh100,000 for contempt of court, in a legal dispute involving the receivership of Dari Limited, a ... Read More

SGR extension to Malaba gets additional Sh14bn

Nairobi, March 4 -- The National Treasury has allocated an additional Sh14 billion to extend the standard gauge railway (SGR) from Naivasha to Malaba via Kisumu, pointing to President William Ruto's r... Read More

I&M Bank trims branch target in revised expansion plan

Nairobi, March 4 -- I&M Bank Kenya has cut its branch expansion target to 79 outlets by the end of 2026, scaling back from an earlier aspiration of reaching 100 branches as part of a three-year growth... Read More

Jubilee plans special dividend from Sh4.5bn Allianz deal

Nairobi, March 4 -- Jubilee Holdings Limited plans a special dividend from part of Sh4.5 billion expected from the sale of general insurance stakes in Kenya, Uganda, Tanzania, Burundi and Mauritius to... Read More

Lower rates save Treasury Sh54bn interest expense on domestic debt

Nairobi, March 4 -- Interest payments on the government's domestic debt fell below estimates by 11.5 percent or Sh54.04 billion in the six months to December 2025, reflecting the benefit accruing to t... Read More

Mbadi to seek fresh Parliament nod for extra budget funds

Nairobi, March 4 -- The National Treasury has increased ministerial allocations for the current fiscal year (2025-26) by more than the regulatory threshold of 10 percent, with top beneficiaries, inclu... Read More

KPC IPO oversubscribed, raising Sh106bn for State

Nairobi, March 4 -- The Kenya Pipeline Company's initial public offer (IPO) has received a 105.7 percent subscription⁠rate, offering the State the targeted Sh106 billion on support from Uganda a... Read More

Absa profit rises to Sh22.9bn as costs fall

Nairobi, March 4 -- Absa Bank has reported a Sh22.9 billion after-tax profit for the year ended December 2025, representing a 10 percent growth buoyed by cost-cutting. The lender's profit rose from S... Read More

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