James Oundo

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...

KRA goes after mobile money paybills and till numbers

The Kenya Revenue Authority has announced that it is launching a crackdown on traders who have been changing their paybills and till numbers to avoid paying taxes. This has been announced by the Acting Commissioner-General Lilian Nyawanda. According to Ms...

60,000 tonnes of bad petrol already released into market, says KPC

The Kenya Pipeline Company (KPC) has said that up to 60,000 tonnes of bad petrol that was controversially imported into Kenya has already been released into the market. This was said by KPC Managing Director Pius Mwendwa when he...

KQ shares touch one year high with 36 percent gain in 10 days

Kenya Airways shares have gained 36 percent in ten days at the Nairobi Securities Exchange (NSE). An analysis by Bizna Kenya has shown that the Kenya Airways have been on an upward trajectory that started on March 30, 2026. At...

Costly fuel looms as two local firms import petrol at 3 times cost of G-to-G deal

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 hits Sh23.4bn, total dividend rises to Sh7.10

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...

Grounded Boeing Dreamliners sink KQ in Sh17.2bn full year 2025 net loss

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...

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Nairobi to host Government and Public Sector Project Management conference

Project Management Institute (PMI), Kenya Chapter, will convene public sector leaders, development partners, and project management professionals for the...