Is the government of Kenya the largest shareholder at Safaricom? Who are the top ten largest Safaricom shareholders? How many shares do they own? Well, according to the annual report and financial statements of Safaricom for the year ended...
The government is selling 15 percent of its Safaricom shares to South Africa's Vodacom Group. The shares will be sold at Sh34 apiece and will see the government pocket Sh204.3 billion.
This sale will reduce the government's shareholding in Safaricom...
Road maintenance in Kenya hit a six-year low in the financial year ended June 2025. During the financial year 2024/25, the amount of kilometres that were repaired by the government decreased by 28 percent to 35,965 kilometres.
This came as...
Kenya's two largest banks, Equity Group and KCB Group, accounted for about Sh100 billion of the total net profit that Kenyan banks recorded in the third quarter of the 2025 financial year.
When paired in a head-to-head profitability race, in...
It is not in doubt that the construction of a dual highway along the Rironi-Mau Summit route has been long overdue. However, economic experts have come out with concerns about the Rironi-Mau Summit A8 toll highway financing model under...
Businessman and former President Uhuru Kenyatta's brother Muhoho Kenyatta has been named as the new non-executive director at the board of the NCBA Group. Mr. Kenyatta will assume his new position starting from December 1, 2025.
"The Board of Directors...
A fresh twist has rocked the Rironi-Mau Summit toll highway deal. This follows a decision by Kenya to make last-minute changes to the preferred contractors for the highway.
In the new changes, the Kenya National Highways Authority (KeNHA) has brought...
President William Ruto's State House blew Sh4.32 billion in just three months. This massive expenditure was against the target allocation of Sh1.92 billion that State House had been given to spend in the first quarter of the current 2025/26...
An investigative report by the New York Times has exposed how President William Ruto's family and close allies are making profits from sending Kenyans to work as cheap labourers in Saudi Arabia.
According to the report, President Ruto and his...
Importation of electronics and electricals that are older than twelve years will soon be prohibited in Kenya. This is according to draft regulations by the National Environment Management Authority (NEMA).
The draft regulations, says NEMA, are aimed at curbing the...
