James Oundo

Kenya Airways flies into Sh16.1 billion half year net loss turbulence

The national carrier Kenya Airways has announced wider half year net loss of Sh16.08 billion for the first six months of the current financial year. This meant that the carrier had seen its net loss increase by Sh3.9 billion...

KCB Group inches closer to historic Sh100 per share on NSE

KCB Group shares have inched closer to a historic high of Sh100 apiece at the Nairobi Securities Exchange (NSE). This follows the release of the banking group's half year financial results and the declaration of a bumper interim dividend. A...

KCB Group posts Sh36bn half year 2026 net profit; to pay Sh3 interim dividend

KCB Group has announced Sh36.1 billion net profit for the first six months of the current financial year. This KCB Group half year 2026 net profit was an increase of 15 percent from the Sh31.5 billion net profit that...

Co-op Bank profit after tax rises 28 percent to Sh18 billion in six months

The Co-operative Bank of Kenya (Co-op Bank) has announced a 28 percent profit after tax increase to Sh18 billion in the first six months of the current financial year, up from Sh14.1 billion in the first half of 2025. This...

KCB to auction Cytonn’s Cysuites Apartment Hotel over Sh426 million debt

KCB Group has been given the greenlight by the High Court to proceed with the auctioning of a real estate property that is owned by Cytonn Investments. Following the greenlight, the bank will now auction Cytonn's Cysuites Hotel over...

Nelson Muguku family selling Watefront Karen Mall for Sh9 billion

The Nelson Muguku family is selling the iconic Waterfront Karen Mall in a deal that is estimated to be worth as much as Sh9 billion. The mega transaction has been confirmed by the property manager Ken Obimbo. Mr. Obimbo, however,...

Private company making billions from SHA exposed

A private company has been making billions of money from the Social Health Authority (SHA) that was controversially started by President William Ruto to replace the National Health Insurance Fund (NHIF). According to a report that was published by the...

Ruto government loses Sh16 billion in rush to sell Safaricom stake

The government of President William Ruto has sold a 15 percent Safaricom stake to South Africa's Vodacom Group. This sale took place barely three days after the Court of Appeal lifted orders that had been issued by the High...

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...

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Over 400 Nairobi restaurants come together for annual citywide burger celebration

Nairobi’s food scene is set for a 10-day celebration as Burger Week, the city’s largest burger-focused dining campaign, officially...