BUSINESS
This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.
Safaricom Set for New Governance Structures with Vodacom’s Entry
Safaricom is set to undergo significant corporate changes following Vodacom’s increase in ownership to 55%, with shareholders expected to vote on the revised...
JACKSON OKOTH2 Mins read
Africa Becomes a Global iGaming Fraud Hotspot
Operators face increasingly sophisticated identity and transaction-related threats
BT Correspondent2 Mins read
CBK Bags Ksh57.8B in Oversubscribed Bond Sale
Investors poured billions of shillings into the government's latest Treasury bond sale. Still, the Central Bank of Kenya (CBK) turned away a significant...
SABRINA BT2 Mins read
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...
SABRINA BT2 Mins read
KCB, Mastercard Launch Islamic Finance Payments Solution
KCB Bank has partnered with Mastercard to deploy an Islamic finance payments solution for customers under Sahl banking. KCB Bank has rolled Sahl...
BT Correspondent2 Mins read
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...
SABRINA BT3 Mins read
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...
SABRINA BT2 Mins read
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....
SABRINA BT3 Mins read
