Monday, December 29, 2025
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James Oundo

How Equity grew from 12,000 to 15 million customers

In December 2020, Equity Group crossed the Sh. 1 trillion valuation threshold. This was after it successfully acquired Banque Commerciale Du Congo (BCDC) in a move that set it on stage to compete for big-ticket financing deals on the...

CBK: Why Matiang’i is lying about shortage of Sh. 200, Sh. 100 notes

The Central Bank of Kenya has disputed claims that there is a shortage of Sh. 200 and Sh. 100 bank notes. This follows allegations that were made this week by the Cabinet Secretary for Interior Fred Matiang'i. Dr. Matiang'i claimed that...

John Ngumi replaces Michael Joseph as Safaricom board chairman

John Ngumi appointed as new the new Safaricom PLC Director and Chairman of the Board. Ngumi's appointment will take effect from August 1, 2022. The telecommunications firm has also announced that the company secretary Sitholizwe Mdlalose has resigned. Ngumi will replace former...

Court orders Gachagua to surrender Sh. 202 million made from corruption

The High Court has ruled that Mathira Member of Parliament Rigathi Gachagua acquired Sh. 202 million that is frozen at Rafiki Microfinance through corruption. Following this ruling, Justice Esther Maina has ordered that Gachagua surrenders the money to the State....

Kenya Power: Why many parts of Kenya lost power during Ruto debate

National power provider Kenya Power has come out to explain why many parts of the country suffered loss of power during the Ruto debate on Tuesday evening. According to the Kenya Power, the huge blackout that started at around 8.12pm...

Tracing birth and growth of Equity Group into Kenya’s largest bank

Equity Bank’s journey began in 1984. At the time, Equity Group was known as Equity Building Society. 38 years later, what started as a small society has grown to become the largest bank in East and Central Africa with...

Qatar fund buys Nairobi’s Crowne Plaza Hotel for Sh. 4.6 billion

Nairobi's Crowne Plaza Hotel has been sold to a Qatar fund for Sh. 4.6 billion. The hotel belonging to businessman Nazir Ahmed Akbarali has been bought by Kasada Hospitality Fund, which is a fund that is backed by the Qatar...

US Embassy Nairobi announces Visa application changes after public uproar

The United States Embassy in Nairobi has announced Visa application changes days after Kenyans took to social media to protest. The US Embassy in Nairobi now says that Visa applicants will now be able to clearly see the type of...

Moi and Rai families to pay widow Sh. 2 billion for grabbing her 53 acre land in Eldoret

Late former president Daniel Moi’s family together with the family of sugar tycoon Jaswant Rai have been ordered to pay Sh. 2 billion to a widow for grabbing her 53-acre land. This land is said to have been grabbed in...

All Grade Six pupils to choose Junior Secondary Schools next month

All Grade Six pupils will choose their preferred Junior Secondary Schools next month. This has been announced by Education Cabinet Secretary George Magoha. According to Magoha, those who will make the choices will be a total of 1.27 million pupils....

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KCAA grants 25 Airlines domestic and international flight licenses

The Kenya Civil Aviation Authority (KCAA) has granted air service licenses to 25 applicants in its latest round of...
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