Monday, March 16, 2026
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James Oundo

KCB Group in Sh68.4bn full year 2025 net profit, pays Sh3 additional dividend

KCB Group has announced a profit after tax of Sh68.4 billion for the full financial year 2025. This full year 2025 net profit was a growth of 11 percent from the profit the Sh60.09 billion net profit that the...

Tanzanian businessman Rostam Azizi buys Nation Media Group

Tanzanian businessman Rostam Azizi has acquired the Nation Media Group. Azizi has bought off the total majority stake of 54.08 percent that was owned by the Aga Khan Fund for Economic Development (AKFED). The AKFED is part of the...

Local retail investors, foreign investors, oil marketers shun KPC IPO

Local retail investors, foreign investors and oil marketers shunned the Kenya Pipeline Company's Initial Public Offer, a breakdown of the subscription has shown. The subscription breakdown that was provided by the National Treasury has shown that the KPC IPO was...

Kenya invites multi-billion shilling bids for JKIA design and building

The government of Kenya through the State Department for Aviation and Aerospace Development has invited bids for the design and building of the Jomo Kenyatta International Airport (JKIA). The JKIA design and building contract bidding invitation is targeting established mainstream...

Kenya’s Eurobonds debt has now hit a staggering Sh1.368 trillion

Kenya’s Eurobonds has hit a staggering Sh1.368 trillion (equivalent to $10.61 billion). This follows the sale of the $2.25 billion dual-tranche Eurobond that was conducted in the month of February 2026. This sale is equivalent to Sh290.2 billion. It...

Ruto gives Uganda power to hire, fire Kenya Pipeline CEO in deal

President William Ruto's government has granted Uganda powers to determine the hiring and firing of the Kenya Pipeline Company (KPC) chief executive officer. This has been done in a bid to get Uganda to invest in KPC Initial Public...

Ruto offers Kenya Airways to foreign investors for Sh155 billion

President William Ruto and his government have decided to offload national carrier Kenya Airways to foreign investors. This has been revealed by the Cabinet Secretary for the National Treasury John Mbadi. According to CS Mbadi, the government will hand over...

How your payslip will look like after Mbadi’s PAYE tax cuts for low earners

The Cabinet Secretary for National Treasury John Mbadi is plotting a series of tax cuts that will provide relief for Kenyans earning Sh50,000 and below. According to the proposals being fronted, the Mbadi tax cuts will give this category...

How Sh11 billion was stolen from SHA in six months

In the six-month period between October 2024 and April 2025, Sh11 billion was stolen from the Social Health Authority (SHA). This has been exposed by an audit that was conducted by the Ministry of Health. According to the audit,...

Tower Sacco pays 20pc dividend on share capital, 13pc interest on deposits

The Tower Sacco which is headquartered in Ol Kalou, Nyandarua County has paid out a total of Sh2.88 billion to its members. This payout has included a return payout to Sacco members for the year 2025 at the rate...

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Kenya’s iconic Safari Rally roars again, makes classic case for WRC future

The dust settled on another thrilling edition of the legendary Safari Rally Kenya as the third round of the...
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