Bidco Africa chief executive officer Vimal Shah lost over Sh100 million in a forex deal gone bad. The businessman made this revelation when he testified against his former long-time friend and businessman Nicholas Nesbitt at a Nairobi court.
He became...
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 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 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...
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 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...
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,...
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...
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...
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...
