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Faida picked as top advisor for Kenya Pipeline's initial public offering

Nairobi, Dec. 1 -- Faida Investment Bank (FIB) has been selected to midwife the state's planned partial exit from Kenya Pipeline Company (KPC), in a move that will earn it millions of shillings in fee... Read More


4.5 billion threats: The trend shaping Africa's entertainment future

Nairobi, Nov. 30 -- Africa's entertainment industry has undergone a dramatic transformation over the past decade. Since the digital migration, the way people consume content, from streaming shows on d... Read More


KRA wins Sh773m tax dispute against construction firm in 'missing trader' case

Nairobi, Nov. 30 -- The High Court has delivered a victory for the Kenya Revenue Authority (KRA) in a tax dispute with a building and civil engineering contractor, reinstating a Sh773 million tax asse... Read More


Ketraco under pressure to pay Sh10bn contractor debt

Nairobi, Nov. 30 -- Kenya Electricity Transmission Company (Ketraco) is under pressure to pay a Spanish company more than Sh10 billion or face liquidation, over a debt arising from a botched contract ... Read More


Unit trust clients double, lifting assets to Sh679bn

Nairobi, Nov. 29 -- The number of Kenyans investing though unit trusts more than doubled to 2.96 million in the 12 months to September, highlighting the surge in awareness and demand for the collectiv... Read More


Kenyan banks nearly double loans to Mauritian developer Grit to Sh12bn

Nairobi, Nov. 29 -- Mauritius' real estate developer Grit Real Estate Income Group nearly doubled its borrowings from Kenyan banks to $94.9 million (Sh12.3 billion) in the year to June 2025, to fund i... Read More


Uchumi share price triples in two weeks on rare profit

Nairobi, Nov. 27 -- Uchumi Supermarkets share price has nearly tripled in 13 days of trading on the Nairobi bourse on increased speculators' interest after news that the struggling retailer had posted... Read More


ABC Bank in Sh400m rights issue to meet Sh3bn capital threshold

Nairobi, Nov. 27 -- African Banking Corporation (ABC) Bank shareholders are raising Sh400 million through a rights issue, joining the list of lenders racing against time to meet the enhanced Sh3 billi... Read More


Safaricom halves data bundles for mobile internet users

Nairobi, Nov. 27 -- Safaricom has quietly halved the resources for some of its popular mobile data bundle packages, effectively doubling the cost of data for customers. Kenya's largest telco's subscr... Read More


Kenyan financial giants are poised to shape Africa's capital markets

Nairobi, Nov. 26 -- Kenya's financial system has long been viewed as one of Africa's most dynamic, but the next 30 years may reveal an even more consequential role. The continent's growth story is sh... Read More