Friday, December 26, 2025
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James Oundo

How I have made Sh1 million from Safaricom shares in just 7 months

In November 2024, Elias Wambua invested Sh1.5 million in Safaricom shares. He acquired about 104,000 shares that were valued at a price of Sh14.35 each. “I took position about two weeks after Safaricom released their half year financial results...

Carrefour Kenya sales hit Sh42.9 billion in twelve months

Carrefour Kenya sales revenues for the year 2024 hit Sh42.9 billion. This is according to disclosures that have been made Carrefour Kenya operator Majid Al Futtaim in Kenya. These revenue sales were an increase of 15 percent from the...

Former KRA chair Anthony Mwaura buys Sh1.6 billion stake in HF Group

Former Kenya Revenue Authority chair Anthony Mwaura has acquired a stake in the HF Group with Sh1.6 billion. Mwaura made this acquisition through his nuclear family in a series of transactions that involved firms associated with himself, his wife...

More than 12 million Kenyans file nil returns on eCitizen

This year, the Kenya Revenue Authority (KRA) has allowed Kenyans to file nil returns on eCitizen. This has seen a huge number of taxpayers leave the traditional iTax system of filing returns for eCitizen which is considered as easier...

Investors gain as Safaricom shares touch one-year high on NSE

Telecommunications giant Safaricom has brought smiles to its shareholders after recording several bullish days at the Nairobi Securities Exchange. Over the past one week, Safaricom shares have appreciated by close to Sh5 per share. An analysis by Bizna Kenya shows...

3 Gulf oil firms pocket Sh1.5 trillion from G-to-G Kenya fuel deal in 18 months

In just eighteen months to May 2025, three Gulf oil firms pocketed Sh1.5 trillion from selling fuel to Kenya through the controversial G-to-G fuel deal. Apparently, 158 cargo of petroleum products were imported to Kenya by the three firms...

Co-operative Bank hires 1,104 new employees in expansion drive

The Co-operative Bank of Kenya hired 1,104 new employees in the financial year that ended on December 31, 2024, a new annual report has shown. The new hires came as the bank extended its growth drive that has seen it...

Absa Bank Kenya recovers Sh227 million lost to banking fraud

The Absa Bank Kenya has recovered Sh227 million that was lost through incidents of banking fraud. This recovery was done in the financial year ended December 31, 2024. In the same financial year, the bank stopped the loss of...

Standard Media Group sinks in Sh1.1 billion net loss

The Standard Media Group has announced a full year net loss of Sh1.1 billion. This loss came in a financial year that saw the troubled media house record a revenue decline of up to 22.6 percent to Sh1.8 billion. In...

Peter Nyaga’s Certified Homes leaves investors high and dry

Unsuspecting investors who dreamt of owning homes through Peter Nyaga's Certified Homes Limited have been left high and dry after projects by the company ground to a halt. This company was one of several that were highlighted in a...

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ImaraBet Karibu Bonus: The welcome that turns your first bet into a real winning moment

Most betting stories start with noise. This one starts with confidence. Across Kenya, first-time bettors are quietly changing how...
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