Friday, January 16, 2026
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Maina Andrew

Standard Media Group widens half year net loss to Sh133 million

The Standard Media Group has announced a half year net loss of Sh133 million. Covering the first six months of 2025, this half year net loss was larger than the Sh111.6 million net loss that the troubled media company recorded...

Iconic 31-storey UAP Old Mutual Tower put on sale again

The iconic 31-storey UAP Old Mutual Tower has been put on sale again. The building which is located in Upper Hill is being sold by Old Mutual Holdings as part of a plan that will see the firm sell...

EABL 2025 full year net profit hits Sh12.2bn; final dividend at Sh5.50 per share

East African Breweries Plc (EABL) has announced a net profit of Sh12.2 billion for the full year ended June 2025. This EABL 2025 full year net profit represented a growth of 12.2 percent and came riding on the back of...

Increase in fuel prices adds to pain of biting economy

A bad economic situation across the country is set to become worse over the next 30 days following the decision by the Energy and Petroleum Regulatory Authority (EPRA) to increase fuel prices. "We have calculated the maximum wholesale and retail...

MultiChoice increases DStv monthly package prices by Sh700

Kenyans who rely on DStv for entertainment will now have to cough up more money to stay connected. This is after MultiChoice, the company that owns DStv and GOtv, announced that it is increasing the DStv monthly package prices...

High Court suspends KRA’s new CRSP values for used vehicles

The High Court in Kisumu has temporarily suspended the use of new Current Retail Selling Price (CRSP) values by the Kenya Revenue Authority (KRA). The new CRSP values were set to go into effect on July 1, 2025. The...

Business owners counting millions of losses after day of looting

Business owners in many parts of the country are counting massive losses after their shops were broken into and looted dry during the demonstrations that were held on June 25, 2025. The biggest losses have been recorded in Nairobi where...

Ex-TSC boss Nancy Macharia set for top Murang’a County job

The immediate former Teachers Service Commission boss Nancy Macharia has been nominated for the position of Murang'a County public service board chair. The nomination was made public through a notice that was issued by the Murang’a County Assembly dated...

Centum Re gets Sh2.6 billion to build 1,940 Two Rivers houses

Centum Real Estate (Centume Re) has received Sh2.6 billion from the International Finance Corporation to build some 1,940 affordable houses. The real estate company says that with the funds finally in its accounts, it will be aiming to complete...

Trump bans nationals from 7 African countries from traveling to U.S

US President Donald Trump has banned the nationals of twelve countries from traveling to the United States. The majority of countries whose citizens are in the list of nationals banned from traveling to U.S are from African countries. Only...

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Safaricom named Kenya’s top employer for 2026

Safaricom (NSE: SCOM) has been named Kenya’s No. 1 Employer and a Top Employer in Kenya and Africa for...
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