Aviation workers have announced that they will be going on strike over the proposed controversial Adani-JKIA deal. According to a report by Reuters, the Kenya Aviation Workers Union (KAWU) says that it will contest the proposed deal, lamenting that...
Commercial lenders in Kenya have removed over 1.3 million people from Credit Reference Bureaus (CBR). This has been done over the past five years to December 2023 following interventions by the government through the National Treasury and the Central...
The Equity Bank Group's six months net profit has increased to Sh. 29.6 billion. This represented a marginal rise of 12 per cent. In the same period the previous year, Equity Bank Group's six months net profit had risen...
The Ethiopian Airlines has made another step towards the building of an airport that will be the largest airport in Africa upon completion. The airline, which is also the largest airline in Africa, has signed a deal for the...
The Stanbic Bank Kenya has announced a marginal 2.3 per cent profit increase to Sh. 7.21 billion for the first six months of 2024.
During the period under review, customer deposits increased by 39 per cent to Sh. 320 billion....
Financially troubled real estate company Home Afrika's subsidiary has gone into administration. Mitini Scapes Development Limited has gone into administration with Messrs Kamal Anantroy Bhatt and Dhir Kamal Bhatt of Anant Bhatt LLP appointed as the new administrators of...
I am 45. I am working in Nairobi. I am married, with 4 kids, 2 in high school. I am newly employed and I haven’t earned my first salary yet. I have worked and lived in Nairobi for a...
The Central Bank of Kenya has announced new changes to all Kenyan banknotes. The changes are aimed at enhancing the security of Kenyan banknotes, the CBK has stated.
According to the CBK, the new changes will affect the Sh. 50,...
After thirteen years, local automaker Mobius Motors has announced that it is going into liquidation. This follows a culmination of struggles that have ranged from debts, tax battles and low funding.
"At a meeting of shareholders that was held on...
Deputy President Rigathi Gachagua is the new owner of the Treetops and Outspan hotels in Nyeri County. According to a report on the purchase that appeared in a publication by the Nation Media Group, Gachagua and his family have...
