James Oundo

Family Bank shares seesaw on NSE days after historic listing

Days after Family Bank shares started trading on the Nairobi Securities Exchange, the counter has been seesawing from highs and lows as it seeks its actual trading range. A spot check by Bizna Kenya shows that on the first day...

Pain of grounded Kenya Airways Embraer jets, Boeing Dreamliners

The national carrier Kenya Airways is still struggling to get its grounded aircraft up in the air again. The grounded aircraft include three Kenya Airways Embraer jets and three Boeing Dreamliners. The grounded aircraft is currently representing 18 percent of...

Kenyatta family, Ndegwa family to pocket Sh21.9 billion in mega deal

The prominent Kenyatta family and the family of former Central Bank of Kenya Governor Philip Ndegwa are set to receive up to Sh21.9 billion from a trading deal involving the sale of NCBA Group to South Africa’s Nedbank Group. In...

Equity Group emerges as most profitable Kenyan bank in Q1 2026

Equity Group has emerged as the most profitable banking group in Kenya and the larger Eastern Africa region in the first quarter of the current financial year 2026. This is after the banking group returned a net profit of...

Allan Kilavuka walks away from KQ with Sh131 million in pocket

Former Kenya Airways Chief Executive Officer Allan Kilavuka walked away from the national carrier with a pay package of Sh131 million. This amount is inclusive of his pension and benefits and was revealed by the airline in its latest annual...

Ruto govt goes after M-Pesa money transfers in Finance Bill 2026

The government of President William Ruto is planning to slap heavy taxes on M-Pesa money transfers. This follows a taxation proposal that is contained in the Finance Bill 2026. In the proposal, President Ruto's government through the National Treasury...

Inside Equity’s 2025 rise to most profitable bank in East and Central Africa

The signs were there that the 2025 financial year was going to be record breaking for Equity Group. It was the year that Equity would grab the esteemed position of most profitable bank in East and Central Africa. Well, it...

Inside Safaricom’s Sh95.6 billion record-breaking net profit in 12 months

Telecommunications firm Safaricom has become the first company in East and Central Africa to clock Sh95 billion in net profit in a single year. This is after the company made a record-breaking Sh95.6 billion net profit attributable to equity holders...

Uhuru’s brother Muhoho owns Sh20 billion stake in NCBA Group

Former President Uhuru Kenyatta’s brother Muhoho Kenyatta holds a stake in the NCBA Group that is worth an estimated Sh20 billion. This has been made public through a circular to shareholders that was released by the bank on May...

For every Sh100 housing tax you pay, Sh30 goes to contractors

The controversy that has dogged the housing tax since its unpopular inception is not ending anytime soon. It has now emerged that for every Sh100 that a Kenyan pays in housing tax, Sh30 goes to the pockets of contractors...

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U.S Supreme Court upholds birthright citizenship in historic ruling

The U.S Supreme Court has ruled to uphold birthright citizenship. In what will be seen as a mega loss...