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Business case for regulations for government-owned enterprises

Nairobi, Aug. 24 -- As required under Sections 7 and 9 of the Government Owned Enterprises Act (GOEA,2015), a GOE shall operate on commercial principals for profit, be self-financing and self-sustaini... Read More


Kenya Re half-year profit jumps 43pc to Sh2.25bn

Nairobi, Aug. 24 -- Kenya Reinsurance Corporation (Kenya Re) posted a 42.8 percent jump in net profit to Sh2.25 billion in the six months to June, lifted by stronger underwriting performance which off... Read More


Firms warn of costly internet, surveillance in proposed law

Nairobi, Aug. 24 -- Proposed changes to customer billing could trigger higher charges and enhanced surveillance and data theft, internet service providers (ISPs) have warned. ISPs warn that compellin... Read More


From Sh500,000 to Sh30m an acre, Ole Kasasi's rise to a property hotspot

Nairobi, Aug. 24 -- Ole Kasasi is a neighbourhood of striking contrasts. The former pastoral settlement in Kajiado is one of the fastest growing Nairobi satellite towns. Yet even as urbanisation dras... Read More


Equity, Proto Energy sign deal for loan on vehicle clean fuel

Nairobi, Aug. 24 -- Equity Bank has entered the fast-growing market for vehicles powered by liquefied petroleum gas, also known as autogas, with loans of up to Sh200,000 for motorists seeking to conve... Read More


Grit's Sh20.9bn Kenya property empire under pressure

Nairobi, Aug. 24 -- A Mauritius-based property firm that owns malls, luxury homes, and office blocks in Kenya valued over Sh20 billion remains suspended from the London Stock Exchange (LSE) following ... Read More


Kenya failed to block bad petrol in high-seas drama

Nairobi, Aug. 24 -- Before the arrest of senior State officials in the energy sector over contested fuel cargo, Kenyan authorities tried unsuccessfully to block a ship carrying 60, 000 tonnes of petro... Read More


Cost of running public offices up by a record Sh199bn

Nairobi, Aug. 23 -- The cost of running offices under the national government jumped by a record Sh199.2 billion in the financial year to June 30, pushing the operations bill above Sh1.3 trillion desp... Read More


KAA profit halves as revenues, passenger charges slump

Nairobi, Aug. 23 -- The Kenya Airports Authority (KAA) posted a 41 percent profit dip to Sh3.8 billion in the financial year to June 2025, largely driven by a drop in revenues, surging costs and easin... Read More


Sh6.2bn Telkom deal comes back to haunt investment banker

Nairobi, Aug. 23 -- Showmanship might have been John Ngumi's trademark when pursuing mega deals, but it has not helped the flamboyant investment banker shake off graft sleuths pursuing him over the Sh... Read More