Nairobi, Aug. 18 -- Family Bank's net profit rose 61.8 percent to Sh3.7 billion in the half-year ended June 2026, supported by a faster growth in income from lending compared with operating costs. Th... Read More
Nairobi, Aug. 18 -- President William Ruto's government has failed to meet the legal threshold for development spending for the fourth consecutive year, highlighting persistent underinvestment in proj... Read More
Nairobi, Aug. 18 -- Pension schemes have increased their bets on quoted equities, moving billions of shillings from government securities to the Nairobi Securities Exchange (NSE) amid rising share pri... Read More
Nairobi, Aug. 18 -- Bar owners want Parliament to stop the ongoing public participation exercise on the Tobacco Control (Amendment) Bill, 2024, and expand it beyond Nairobi, even as they oppose severa... Read More
Nairobi, Aug. 18 -- The Kenya Revenue Authority (KRA) is expected to start a crackdown on housing levy defaulters after the tax agency got legal powers to recover arrears and punish those in breach. ... Read More
Nairobi, Aug. 18 -- The High Court has temporarily suspended Section 44 of the Banking Act, which requires financial institutions to obtain approval from the Treasury Cabinet Secretary before increasi... Read More
Nairobi, Aug. 18 -- KCB Bank has been allowed to place apartment blocks owned by Northcote Business Centre under administration to recover defaulted $16 million (Sh2 billion) loans. Northcote borrowe... Read More
Nairobi, Aug. 18 -- Unit trust funds putting investor funds into select listed stocks have trailed returns of the Nairobi Securities Exchange (NSE) as the schemes struggle to deliver market-beating re... Read More
Nairobi, Aug. 18 -- Businessman John Ngumi's fight against the anti-graft agency's continued investigation of the Sh6 billion Telkom Kenya sale deal has shifted to the Anti-Corruption and Economic Cri... Read More
Nairobi, Aug. 18 -- A parliamentary committee has proposed a reduction of the fuel pricing components subject to Value Added Tax (VAT) in a bid to help lower pump prices, especially whenever global co... Read More