Kweli Capital has been licensed by the Capital Markets Authority (CMA) for its Amaka Umbrella Fund,…
Category: Business News in Kenya
Consumers hit by twin electricity and fuel price shocks
The energy regulator has made a U-turn and increased electricity prices by 15.7 percent, reversing the…
More pain at the pump for Kenyans after record fuel price hike
Kenya on Wednesday hit a record high in fuel prices in line with the new government policy to…
Uhuru era traders face billions in tax demand after KRA expose’
The taxman has uncovered a web of tax evasion schemes running over nine years that will…
Equity Spire deal hit roadblocks in board resignation, union suit
A Spire Bank board member resigned last week in protest following a resolution to sell the…
Hard times for SGR as port operations return to Coast
President William Ruto has returned all port operations transferred to Nairobi and Naivasha Inland Container Depots…
Fuel shortage hits ahead of price review
Motorists have been hit by a fuel shortage following rationing to some retail outlets in Nairobi…
Tea, coffee, dairy bag long cushion in EAC trade plan
A host of top agricultural produce including tea, roasted coffee, cut flower, beef, and dairy will…
Lome-based Ecobank appoints Jeremy Awori as new CEO
Pan-African lender Ecobank has appointed Jeremy Awori as the new chief executive to replace Ade Ayeyemi…
Equity closes deal to acquire teachers-owned Spire Bank
Equity Bank has concluded negotiations to buy Spire Bank, setting the stage for the signing of…