The International Finance Corporation (IFC) will provide a Sh12.03billion loan to Safaricom and its partners in…
Category: Business News in Kenya
Why Kenyan motorists are staring at fresh fuel shortage
Parts of the country including Nairobi and Western Kenya are staring at a fresh fuel crisis…
Jeremy Awori steps down as Absa CEO after nearly 10 years
Jeremy Awori is set to leave Absa Bank Kenya after nearly 10 years at the helm…
Watchdog cancels Sh2.8bn Kenya Power cables tender
The public procurement watchdog has cancelled the award of a tender by Kenya Power to four…
Markets gain Sh42bn after court upholds William Ruto’s victory
Investors gained Sh42.1 billion in paper wealth in the highest daily gain at the Nairobi Securities…
KCB goes slow on property seizure over defaults
KCB Group has signalled a slowdown on seizures and auction of the property of defaulters in…
Safaricom goes live in Ethiopia second largest city
Safaricom Ethiopia has begun a large-scale customer pilot of its network in Dire Dawa, four months…
Accor to replace InterContinental as manager of Crowne Plaza hotel
Accor Hotels will take over the management of Crowne Plaza Nairobi from InterContinental Hotels Group (IHG)…
Kenya Power shuts door on banks return to selling tokens
Kenya Power has dashed commercial banks and other third parties’ hopes of renegotiating fresh contracts to…
Naivas founders get Sh3.8bn in sale of stake to three firms
The family of Peter Mukuha Kago –the founders of supermarket chain Naivas— has pocketed an estimated…