Stanbic Bank has announced a reduction in its net profit for the first quarter of the 2025 financial year. The Stanbic Bank Q1 net profit has dropped 17 percent from 4 billion that was recorded in the previous year...
Esther Bitutu Kadiki was released by the court on a Sh30 million bond. The lawyer who was been caught up in the Sh1.5 billion Equity heist that occurred at Equity Bank between May 1 2024 and July 31, 2024...
Lawyer Esther Bitutu Kadiki ran an elaborate scheme through which she siphoned Sh1,499,465,831 from Equity Bank, an affidavit sworn by a Directorate of Criminal Investigations (DCI) has alleged.
According to the affidavit sworn by Inspector Chrispinus Sore Shibanda who is...
The Teachers Service Commission (TSC) has formally advertised the position of Chief Executive Officer. This comes as Dr. Nancy Macharia who has been serving in this position prepares to retire from the commission. The advertisement by the TSC is...
The amount of money in toll fees that motorists using the Usahihi Expressway shall pay has been announced. These toll charges were announced by Usahihi Chairman Kyle McCarter who is also the former US ambassador to Kenya.
According to McCarter,...
Home Afrika has posted the first full year net profit since 2014. The real estate company realized a net profit of Sh133 million for the full year ended December 2024. This was an improvement from the Sh27.8 million loss...
Kenya's inflation has risen to 4.1 percent. This is the highest rate in eight months and it comes in as the fastest rise in inflation over the last two and a half years. According to data that was released...
The economy of the United States has recoiled. This is according to fresh data from the Labour Department's Bureau of Economic Analysis, which shows that the US economy shrank for the first time in three years in the first...
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...
