A majority of Kenyan companies that have been reported for money laundering are in the real estate sector.
According to a report by the Business Registration Service (BRS) 64.57 per cent of the more than 10,000 registered private companies that...
The amount of money Kenyans have saved in fixed deposit bank accounts has crossed Sh. 2 trillion. According to data from the Central Bank of Kenya (CBK), the amount Kenyans have saved in fixed deposit bank accounts was Sh....
Fuel prices have dropped across the country. Starting midnight on October 15, Kenyans will buy fuel at a cheaper rates. The new prices will last from October 15 to November 14, 2024.
In the period under review, the maximum allowed...
Kenyans who rely on DStv for entertainment will now have to cough up more money to stay connected. This is after MultiChoice, the company that owns DStv and GOtv, announced that it is increasing the prices of DStv packages...
When all commercial banks in Kenya that are listed on the Nairobi Securities Exchange released their half year financial results, Absa Bank Kenya emerged with one of the strongest performances in the industry.
Within just six months, the bank had...
Dr. James Mwangi's Salary: Equity Bank Group chief executive officer Dr. James Mwangi is one of the best paid corporate bosses in Kenya.
For his latest annual compensation in the full year 2023, Dr. Mwangi took home Sh. 158.8 million....
The Co-operative Bank has opened a new branch in Luanda town in Vihiga County. The new branch was opened by the former Speaker of the National Assembly Mr. Kenneth Marende.
The opening of the branch was followed by an insightful...
The Kenya Revenue Authority (KRA) 2023/24 fiscal year outturn numbers have lifted the lid on how the taxman's hits and misses in a year that was characterized by heavy taxation and revenue collection. According to the numbers, KRA's collection...
Loss-making real estate company Home Afrika has resulted to offloading its assets to settle an outstanding multi-million loan. The company that is listed on the Nairobi Securities Exchange owes the I&M Bank Sh. 79 million.
It also has outstanding debts...
American multinational corporation and technology company Microsoft has reclaimed the top position as the world's most valuable company from artificial intelligence chip maker Nvidia. This is after Nvidia's share price fell by 3.5 per cent on Thursday.
Nvidia's shares fell...
