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NEWS

How local bank lost over Sh500 million to theft in system upgrade mess

Over Sh500 million was stolen from a local bank in a sophisticated cyber scheme. This has been revealed by the Financial Reporting Centre in...

Unilever, Equity Bank launch Sh2.4 billion distributor financing partnership

Unilever and Equity Bank Kenya have announced a strategic partnership to offer a Distributor Financing Solution, designed to strengthen manufacturing supply chains, improve product...

Absa Bank expands its Shariah-compliant banking offering with launch of two innovative solutions

Absa Bank Kenya PLC has announced an enhancement of its Shariah-compliant banking offering through the launch of La Riba Timiza - Kenya’s first fully...

KRA exceeds target as tax collections in Kenya rise to Sh2.571 trillion

The Kenya Revenue Authority (KRA) exceeded its own revenue targets for the financial year 2024/25 by collecting Sh2.571 trillion. These tax collections were an...

Ezekiel Mutua ordered to refund Sh27 million illegal pay he pocketed at KFCB

Former Kenya Film Classification Board (KFCB) chief executive officer Ezekiel Mutua has been ordered to refund Sh27 million pay that he illegally pocketed during...

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