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...
The Standard Media Group has reportedly shut down one of its main television channels, KTN News. According to reports, KTN News which has been operating away from KTN Home stopped broadcasting from July 5, 2024.
KTN News mainly featured news,...
Major Wall Street indexes on Monday have tumbled as fears of a US recession intensified. The drop came amidst a global market selloff that also affected markets in Europe and Asia.
According to a report that appeared on the BBC,...
I live in Naivasha. I am 28 years old with a net salary of about Sh. 36,000. I am newly married on a come-we-stay customary basis and I am contemplating relocating to a more spacious one bedroom self contained...
Former Governor of Mombasa Ali Hassan Joho has disclosed that he is worth Sh. 2.36 billion. Joho made the disclosure when he appeared to be vetted for the position of Cabinet Secretary for Mining, Blue Economy and Maritime Affairs...
