BUSINESS

5 Multi-Million Deals Eliud Kipchoge Sealed

Off the track, Kipchoge has managed to leverage his sporting success for financial fortune. Over the past few years in particular, he has been sealing multi-million shilling deals when not racing.

African Payments Tech Firm Flutterwave Launches Engineering Mobility Program In India

Flutterwave Nigeria and UK-based engineering team will work with Capgemini’s extensive technology talent in Bangalore to share industry best practices and nurture the next-generation workforce.

1824: Meet the Millionaire Behind Popular Nightclub

Located along Lang'ata Road, the club is practically guaranteed to be packed on any given weekend.

Family Bank Seduces Women With Sh50B Business Loans

Family Bank Queen Banking will cater to the needs of three types of women: the Woman in Business, the Professional Woman and the Chama Woman.

Kenyan Billionaire Secures Deal To Set Up Medical City In Ghana

The new development came after the MMTC team led by founder Julius Mwale met with President Nana Akufo-Addo of Ghana during United Nations General Assembly (UNGA) in New York.

Meet The Tycoon Behind Quiver Nightclub Empire

Today, there are Quiver Lounge branches in Kilimani, Kenol, Kitengela and Thika Road - giving it a presence in multiple counties.

Inside Raila’s Multi-Million Hotels in Kisumu, Malindi

Away from the world of politics, he is a businessman who places his net worth stands north of Ksh2 billion.

Chelugui: Inside Billionaire Cabinet Secretary’s Empire

Away from the political arena, Chelugui is one of the wealthiest Cabinet Secretaries, having built up a fortune over the years in sectors including real estate and agriculture.

Kenya’s Senate Risks Losing Face By Probing EABL Share Sale

Parliament has been called out for overstepping its mandate and even lacking the capacity to investigate internal affairs of a private company listed on Nairobi Securities Exchange.

Meet The Billionaire Hotelier Behind Hemingways Empire

Hemingways is one of the most recognizable luxury hotel brands in Kenya and East Africa. It boasts high-end properties spread across Kenya's hottest travel destinations, including the capital Nairobi, Watamu at the Coast and the Maasai Mara in Narok county.

Meet The Tycoon Behind Ole Sereni Hotel

Billionaire entrepreneur Kul Bhakoo made a fortune running one of Kenya's largest printing companies, and later parlayed his love for art and design into the world of hospitality.

Inside Charlene Ruto’s Multi-Million Business Empire

She holds significant shares in many of the Ruto family companies with interests in real estate and hospitality among other sectors. She has also been actively involved in the running of various ventures associated with Ruto's family, including Weston Hotel.

Inside Kirubi Heiress’s Multi-Billion Empire

Maryann Musangi, daughter of the late business mogul Chris Kirubi, is one of Kenya's wealthiest women.

Meet the Billionaire Behind Villa Rosa Kempinski

The hotel is one of several multi-million shilling ventures in Kenya associated with  Adil Popat and the wealthy Popat family.

Big Layoffs Hit Loss-Making Standard Group

Standard Group CEO Joe Munene has announced new redundancies at the company, with several workers including journalists set to lose their jobs.

Landmark Court Ruling Disrupts Kenya’s Betting Landscape

The High Court, under the guidance of Justice Patrick Otieno, has delivered a verdict that has sent ripples across the betting industry.

Inside Azam TV’s Kenyan Mega-Deal

The 7-year deal is worth $1 million per year (Ksh148 million per year) with the amount paid out increasing by $100,000 every year.

Airtel Money Reviews Per Transaction Limit To a New High

The change in the per transaction limit comes after successful engagements with the Central Bank of Kenya and against the backdrop of the recent review of daily transaction limits from Ksh300,000 to Ksh500,000.

Inside Peter Kenneth’s Multi-Billion Banking Fortune

Former Presidential candidate Peter Kenneth is one of Kenya's wealthiest politicians.

Kenya Airways Profit Surprise After 10 Years Of Losses

Kenya Airways Profit: The management has attributed the improved earnings to a cabin factor of 76.1%, an increase in passenger numbers of 43%, which represents 2.3 million in headcount over the period.

Kitengela-Based Rhino Mabati Ranked Best Roofing Solutions Provider

The award recognizes Rhino Mabati Factory Ltd's commitment to innovation, technology integration, and dedication to providing high quality roofing solutions.

HP Partners With Mitsumi Distribution To Drive Market Growth

The cooperation between HP and Mitsumi promises to deliver groundbreaking solutions to enterprises in the region as they showcase the breadth of possibilities on offer to the market.

Inside Waiguru’s Multi-Million Business Empire

Business Today offers a sneak peek into the Kirinyaga Governor's empire.

CIC Insurance Half-Year Profit Jumps To Sh705 Million

CIC Insurance remarkable performance was driven by continued execution of CIC's 2021-2025 strategy underpinned by key transformational initiatives focusing on customer experience, digital transformation and data analytics.

Kenya Re Half-Year Profit Grows Marginally To Ksh900M

Kenya Re improved performance was achieved on the back of a 16% rise in investment income from Ksh1.86 billion as at June 2022 to Ksh2.15 billion as at June 2023.

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Odibets Gives Out 100 Goats Daily in Betting Promotion

Each goat from Odibets will be worth Ksh5,000 and will be rewarded to the lucky customers via M-Pesa.

Angry Standard Group Employees Wrestle With Auctioneers

In what looked like a movie, Standard Group employees moved to stop the auctioneers from carrying away the seats.

Inside Details of How Equity Sealed Deal to Acquire Rwandan Bank

Equity Group Managing Director and CEO, Dr James Mwangi, said the transaction Equity-Cogebanque deal was sealed on 30th November 2023.

Lupita’s Little Brother Junior Nyong’o Charting His Own Path in Acting

Junior Nyongó, who is also a musician and a DJ and now a graduate of UC San Diego with an MFA in Acting, is crafting his own solid path in the world of acting with roles in major theatre productions.