SportPesa has been the second biggest firm in Kenya after Safaricom. This is according to its revealed annual earnings. The betting firm, according to court papers, made a net profit of Sh. 12.9 billion for its owners in Kenya...
Bank CEOs in Kenya are some of the highest paid business executives in the whole country. They earn so much that when a mean of their annual is done, some of them pocket an average of up to Sh....
Dear Investor,
Effective 15th July 2022, CDSC will introduce a CDS account maintenance fee of KES 100 per month payable annually.
This is the message that stock investors who trade in shares at the Nairobi Securities Exchange have been getting. The...
Airtel and Telkom have scored big after the government initiated new regulations that will see it control Safaricom call charges.
This will be done by controlling how Safaricom charges competitors for terminating calls on its network.
The new regulations will now...
The Nairobi Securities Exchange (NSE) has lost Sh. 294 billion in the last one month. This follows mass exit from the local bourse by foreign investors.
This mass exit has seen the local market fall to a 20-month low. On...
Rigathi Gachagua, the man Deputy President William Ruto has chosen as his running mate is no stranger to controversy. He has been arrested severally, and is alleged to have masterminded a multi-billion corruption scandal, which he alleges as witch...
The Co-operative Bank has injected Sh. 371 million into its South Sudan subsidiary. This has been announced through the bank's 2021 annual report.
The report shows that the bank increased its capital in its South Sudan operations to Sh. 2.64 billion...
Sammy Boy! This is the Kikuyu gospel singer who was sentenced to death in December 2021 for robbery with violence.
When his time in jail was broadcast in local vernacular station, many of his fans were left shocked over what...
Members of Parliament are demanding for their salaries to be raised to Sh. 1.1 million from the current range of Sh. 600,000 to Sh. 700,000. The MPs are also demanding for luxury car grants of up to Sh. 7.5...
The price of cooking gas is expected to rise yet again after the government raised taxes on imported LPG by more than Sh. 38,000.
The new taxes have resulted in trucks bringing in the LPG being denied entry from Tanzania,...
