Toyota Kenya, now known as CFAO Motors Kenya Limited, has launched two brand new car models which are selling at Sh. 2.8 million.
CFAO Motors Kenya Limited launched the Toyota Rumion at Sh. 2.85 million and the Toyota Belta at...
In Kenya's modern day banking, the most successful banks are those that are embracing the universal banking model. Universal banking combines the services of a commercial bank and an investment bank, providing all services from within one entity. The services...
The National Treasury is set to slash M-Pesa transaction charges in a move that is bound to offer relief to Kenyans. This has been revealed by the cabinet secretary for the National Treasury Ukur Yatani.
According to Yatani, there is...
Equity Group chief executive officer James Mwangi has declared Equity Bank as East Africa's largest bank. This is after the bank posted a Sh. 40 billion net profit in the 12 months period that ended in December 31, 2021.
This...
Mombasa’s English Point Marina property’s developer is facing fraud and money laundering investigations. The investigations come amidst a bitter war with apartment buyers. According to a report that appeared in the Business Daily on Monday, the buyers allege that...
African cities' skylines are rapidly changing within short time frames, making it even harder to choose yearly top contenders for the tallest buildings.
African cities are becoming more competitive by the day on a global scale in terms of both...
Safaricom dominates mobile money in Kenya with data showing that it has a market share of 99.9 per cent.
The data from the Central Bank of Kenya (CBK) shows that M-Pesa has grown its share of the value of mobile...
Co-op Bank Group has posted nearly Sh. 6 billion growth in net profit. This is after the bank realized a 59 per cent growth in its profit before tax to Sh. 22.6 billion from Sh. 14.4 billion for the...
KCB Group has poster a 74 per cent jump in its annual net profit for the year ended December 31, 2021.
This sharp growth was attributed to lower provisions against bad debts and increased revenue.
KCB Group's net earnings had dropped...
KRA and Keroche tax payment agreement: The Kenya Revenue Authority and troubled local brewery Keroche Breweries have reached an agreement over a multi-billion tax dispute. The dispute had led KRA to shut down Keroche Breweries two weeks ago.
According to the...
