The Kenya Pipeline Company’s Initial Public Offer (IPO) will reward transaction advisers and other agencies involved with Sh3 billion earnings.
These funds shall reflect the 2.8 percent amount of fees that shall be given to transaction advisers, investment banks and...
An audit by the office of the Auditor General has exposed how Kenya Power employees used forged payslips to take loans. The audit report found out that 384 employees had faked their paystubs for the purpose of acquiring loans...
American company Everstrong Capital’s bid to build the Nairobi-Mombasa Expressway has received a new lifeline. This is after the Public-Private Partnership (PPP) Directorate opted to have the project undergo a fresh project development and feasibility exercise instead of terminating...
Kenya Airways senior employees will not be going on Christmas with full salaries. According to the airline’s internal communication, KQ top employees will receive about half of their normal salaries as the company battles cash flow challenges.
“As communicated earlier,...
Starting from January 2026, investors looking to put their money in the Nairobi Securities Exchange (NSE) will be able to buy and sell shares on M-Pesa.
This will come following the successful piloting of the Ziidi Trader mobile platform by...
If Kenya cancelled the Nairobi Expressway deal prematurely, taxpayers would be forced to pay its Chinese contractor Sh103 billion.
This has been revealed by the National Treasury in disclosures that have lifted the lid on the level of leeway that...
Is the government of Kenya the largest shareholder at Safaricom? Who are the top ten largest Safaricom shareholders? How many shares do they own? Well, according to the annual report and financial statements of Safaricom for the year ended...
The government is selling 15 percent of its Safaricom shares to South Africa's Vodacom Group. The shares will be sold at Sh34 apiece and will see the government pocket Sh204.3 billion.
This sale will reduce the government's shareholding in Safaricom...
Road maintenance in Kenya hit a six-year low in the financial year ended June 2025. During the financial year 2024/25, the amount of kilometres that were repaired by the government decreased by 28 percent to 35,965 kilometres.
This came as...
Kenya's two largest banks, Equity Group and KCB Group, accounted for about Sh100 billion of the total net profit that Kenyan banks recorded in the third quarter of the 2025 financial year.
When paired in a head-to-head profitability race, in...
