
Peter Munga loses bid to block Britam shares auction over $3.35 million loan
The bank seeks to recover $3.35 million in loans owed by Equatorial Nut Processors, controlled by Munga.
The bank seeks to recover $3.35 million in loans owed by Equatorial Nut Processors, controlled by Munga.
NCBA, partly owned by some of Kenya’s wealthiest families, has been fined for mishandling customer data, as regulators tighten enforcement of privacy laws.
This marks a 460% jump from last year, driven by forex gains and lower finance costs after clearing all debts.
The Moi family's energy company, Sosian Energy, faces setbacks as its geothermal project’s progress is halted amid growing scrutiny.
The fresh funds are expected to boost Sidian’s lending capacity and sharpen its competitive edge against established rivals.
The move reinforces the bank’s regional presence and strengthens balance sheets to keep pace with expansion.
Co-op Bank posts a record $197.1 million profit for 2024, driven by strong revenue growth, efficiency gains, and a 12.5% rise in total operating income.
Kenya’s wealth creation remains strong amid global turbulence, driven by a resilient private sector and strategic business environment.
Aga Khan’s investments shaped East Africa’s media, banking, and hospitality sectors.
Driven by the vision for Kenya’s development, the Kenyattas have strategically invested in sectors crucial to the nation’s growth, from infrastructure to agriculture.
Kenya's push to benefit from the growing satellite internet industry could pose financial challenges for providers like Starlink.
The NSE cited improved company performance and the withdrawal of the renationalization plan as key factors behind the reinstatement.
The decision sparked widespread jubilation in the House, with both Senators and Members of Parliament chanting “Adani Must Go,” briefly interrupting the President's speech.
Seamless money transfers for NCBA diaspora customers.
Fast-food operator opens 15 new outlets; shifts focus to chicken and pizza
The initiative will focus on enhancing support for small and medium-sized enterprises (SMEs) in both regions.