The Ministry of Energy allowed two local oil companies to import petrol at a cost that is three times higher than the prices agreed under the G-to-G deal between Kenya and three Gulf-based oil suppliers.
According to a report that appeared...
NCBA Group 2025 full year net profit has risen by 7 percent to Sh23.4 billion. In the previous full year 2024, the banking group had posted a net profit of Sh21.87 billion.
The profit for the full year 2025 was...
The national carrier Kenya Airways has announced a full year 2025 net loss of Sh17.2 billion. This loss was a reverse shift from the record profit of Sh5.4 billion that the national carrier posted in the full year 2024.
The...
Equity Group full year 2025 net profit has risen to a record Sh75.5 billion. This net profit represented a 54.7 percent growth in profit. It was derived from a full year profit before tax of Sh90.8 billion which was...
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 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 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...
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 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...
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...
