Motor vehicles, livestock, furniture, electronics and other movable property are gaining greater prominence in the growing…
Category: Business
Centum drops plan to sell Sidian to Nigerian bank, now targets local investors
Centum Investments has called off an offer to sell its majority stake in Sidian Bank to…
Kenya and Tanzania resolve 23 trade barriers after Samia visit
Kenya and Tanzania resolved 23 restrictive regulations that had impeded trade between the two countries, following…
Java back on sale as UK equity fund eyes billions
Restaurant chain Java House has been put on sale by UK-based private equity fund Actis for…
M-Pesa ‘store number’ to tame cash loss
M-Pesa users will escape the pain of making cash withdrawals from incorrect agent shops after Safaricom…
Ruto puts Uhuru’s most expensive road on hold
President William Ruto has put the construction of the Sh160 billion Mau Summit highway on ice,…
Rising fraud suits put banks on the spot over tried, tested due diligence
A growing number of commercial banks in Kenya are battling court cases for allegedly abetting fraud…
Respite for Cytonn investors as court orders liquidation
The troubles facing Cytonn Investments have worsened after a judge ordered the liquidation of its investment…
Safaricom reveals tax fears in plan to hive off M-Pesa
Safaricom is wary that the Kenya Revenue Authority (KRA) might use the current tax laws to…
Kenya Power sheds 522 jobs in cost-cutting plan
Kenya Power laid off 522 workers in the financial year to June last year amid restructuring…