Businessman Peter Munga has acquired an additional 3.64 million Equity shares. The businessman acquired the shares in the first three months of the year to March 2025. The shares valued at Sh166.2 million pushed his shareholding in Equity Group...
Kenya is set to overtake Ethiopia as East Africa's largest economy, the International Monetary Fund (IMF) has said in new projections for the year 2025.
According to the IMF projections, Kenya's GDP is forecasted to increase to $132 billion in...
Businessman Peter Munga has lost his bid to block auctioneers from selling off his multimillion shares over a Sh433.76 million ABC Bank loan. This is after the High Court dismissed the businessman and lashed at him for filing multiple...
The US Embassy in Nairobi has announced fresh changes in its visa application process. The new changes impact on passport collection for applicants whose visas have been approved.
In the new announcement, the US Embassy in Nairobi has moved passport...
Kenya’s micro, small and medium enterprises (MSMEs) are set to gain a competitive edge through a partnership announced between the Co-operative Bank of Kenya and the African Management Institute (AMI).
This strategic collaboration brings Co-op Bank’s MSME clients access to...
The Central Bank of Kenya (CBK) has announced that it has lifted a ten-year freeze on licensing of new banks. The CBK announced that the moratorium that started on November 17, 2015 shall officially end on July 1, 2025.
“The...
Multi-million property owned by Moses Kuria were auctioned a day after High Court judge Justice Visram Aleem Alnashir ruled that Equity Bank was free to recover a debt the politician has failed to repay. In that auction that was...
The NCBA Group last weekend partnered with The Macallan to give NCBA banking customers an evening treat. This came as NCBA's latest move in placing banking customers at the top.
In partnership with The Macallan and Sandstorm Kenya, the NCBA...
An impending bond market catastrophe was the reason why US President Donald Trump paused his reciprocal tariffs on nearly all the affected countries. This is according to a report that was published by the CNN.
According to the report, earlier...
Stanbic Bank Kenya is set to join China's interbank payment system (CIPS) by the end of 2025. The bank will join the payment platform through its parent company, the Standard Bank in a move that will see the bank...
