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Harambee DT Sacco
BUSINESS

Harambee DT SACCO Hit by Ksh230M Write-Off as KUSCCO Crisis Persists

Harambee Deposit Taking SACCO has taken a major financial hit after writing off more than Ksh 230 million linked to an unreconciled bank...

Car accident inspection in progress
BUSINESS

Motor Insurance Bleeds Ksh8.2B as Claims and Fraud Hit Kenyan Insurers

The Insurance Regulatory Authority (IRA) has revealed that Kenya's motor insurance business is becoming increasingly difficult to sustain, with insurers recording billions of...

Saudi Arabia's Mabani Aljazeera Holding Group
BUSINESS

Saudi Investor Buys Stake in Tatu City’s Jabali Towers as Kenya Attracts Fresh Foreign Capital

Kenya's property sector has received another boost after Saudi Arabia's Mabani Aljazeera Holding Group announced a major investment in the Jabali Towers development...

Aliko Dangote
BUSINESSOPINION

Why Dangote Chose Kenya Over Tanzania for Africa’s Biggest New Oil Refinery

When Nigerian industrialist Aliko Dangote began looking for a home for his next mega refinery, many people expected Tanzania to win the race....

A KETRACO subtstation
BUSINESS

KETRACO Unveils Ksh65B Electricity Transmission Projects for Public Review

Kenya's electricity transmission network could soon receive a major boost after private investors tabled proposals worth up to Sh65 billion to build new...

CBK
BUSINESS

CBK Tightens Rules on Emergency Bailouts for Struggling Banks

The Central Bank of Kenya (CBK) will now be required to apply stricter rules before offering emergency financial support to struggling banks, following...

Blue-capped water bottles in grid pattern
BUSINESS

KRA Scraps Excise Duty on Bottled Water

The Kenya Revenue Authority (KRA) has removed excise duty on bottled water following changes introduced under the Finance Act, 2026, a move that...

OPINION

Why More Young Kenyans are Choosing Experiences over Expensive Possessions

Success in Kenya was once measured by the size of your television, the shine on your new car, the latest smartphone in your...