Friday, January 23, 2026
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James Oundo

KCB Group shares recover after sharp decline over zero dividend announcement

KCB Group shares on Friday recovered at the Nairobi Securities Exchange after recording a sharp decline on Thursday. The shares had recorded a decline following the release of the full year 2023 financial results in which the lender announced that...

Kindiki: Why Kenya wants to ban civil servants from using TikTok

If you are a civil servant in Kenya, you may soon no longer be able to use popular video app TikTok. This is after the government through the Interior Ministry alleged that TikTok is posing a "threat" to Kenya's national...

Co-op Bank full year net profit rises to Sh. 23.2 billion; to pay Sh. 8.8 billion dividend

The Co-operative Bank of Kenya has announced a full year net profit growth. The bank has announced a net profit growth to Sh. 23.2 billion for the full year ended December 2023. This was a 5.2 per cent growth from...

MultiChoice increases monthly cost of DSTv, GoTV packages. See new prices

MultiChoice has increased the monthly cost of DSTV and GoTV packages in Kenya. Following the increase, Kenyans who use the two paid-television platforms will have to dig deeper into their pockets starting from April 1, 2024. Whereas MultiChoice had previously...

Absa Bank Kenya’s full year net profit rises to Sh. 16.4 billion

Absa Bank Kenya has posted a 12.2 per cent growth in full year net profit to Sh. 16.4 billion. This profit has been realized after the bank recorded an increase in operating income which grew by 18.7 per cent to...

Suggestive Kleenit billboard advert pulled down in Nairobi over indecency

Is there anything like 'going too far' when it comes to marketing? This is the question that a billboard in Nairobi that was designed to market Kleenit has evoked. In less than 24 hours the suggestive billboard was pulled down...

Strengthening Kenya shilling inches closer to 120s against the US dollar

The strengthening Kenya shilling is showing signs of its recovery extending to 120s against the US dollar. On Friday March 15, the shilling extended its gains against the US dollar. Officially, the Central Bank of Kenya quoted the shilling at...

Why Kenya’s degree holders are among the poorest people in the country

Degrees in Kenya: You may have heard the cliche, Grade A students work for Grade D students. Well, this feature explores why degree holders in this country tend not to do too well when it goes to generating wealth....

Co-op Bank eases borrowing terms for Kenyans buying Isuzu vehicles

The Co-operative Bank of Kenya has eased terms of borrowing for Kenyans seeking to be financed to acquire vehicles from Isuzu East Africa. In the new terms announced by the bank, Co-op Bank has extended the repayment period by a...

Top US Safaricom investor sells 600 million shares in protest

One of Safaricom's top investors has sold hundreds of millions of shares in protest. The investor, who has been identified as FMR LLC - which also trades as Fidelity Institutional Asset Management - sold 600 million shares in protest...

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Kenya Airways wins three sustainability awards at The Aviation Challenge 2025

Kenya Airways (KQ) has once again emerged as a leader insustainable aviation, securing three awards at The Aviation Challenge 2025....
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