Centum Investment Company has sold its entire stake in Sidian Bank, drawing a definitive close to a 25-year relationship with the fast-growing mid-tier lender that…
Equity Group Holdings, Kenya second-largest lender by assets, is in the advanced stages of spinning off its technology subsidiary into an independent company to unlock…
The Kenyan government has paid KSh4.09 billion in termination costs to investors and contractors after cancelling a planned road project in the country’s northeastern region,…
Iran has sharply criticised Kenya for failing to hold accountable the officials and traders it says are responsible for a fraudulent tea export deal worth…
Kenya’s Central Bank on Tuesday raised Ksh100.5 billion in a heavily oversubscribed treasury bond auction, as investors rushed to lock in double-digit returns on two…
Kenya’s Treasury is preparing to offer the struggling national carrier Kenya Airways to international investors in a landmark deal valued at up to Sh258 billion…
The Kenyan government’s decision to divest a majority stake in Kenya Pipeline Company represents one of East Africa’s most significant infrastructure privatization initiatives in recent…
Africa’s leading e-commerce platform Jumia Technologies is charting a course toward profitability while defending its market position against Chinese competitors, executives said Wednesday. The Lagos-based…
Thousands of retail investors in Kenya Power and Lighting Company are poised to reap substantial returns after the state-controlled utility declared a 50% increase in…
Once a household name across Kenya, Uchumi Supermarket is staging a modest but symbolic comeback, reopening two outlets in the capital as the embattled retailer…