BUSINESS
This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.
Nigeria’s Zenith Bank Acquires 100% Shareholding of Paramount Bank
The Central Bank of Kenya (CBK) has announced the acquisition of 100% of the shareholding of Paramount Bank Limited (PBL) by Zenith Bank...
BILL YAURA1 Mins read
Centum Falls Short of Share Buyback Target After Repurchasing 10.8 Million Shares
A multi-year effort by Centum Investment Company to buy back its own shares has come to an end, with the company purchasing only...
SABRINA BT2 Mins read
CBK Signals Pressure on Shilling as Forex Reserves Drop
A recent dip in Kenya’s foreign exchange reserves is highlighting the growing pressure on the country’s external position, even as authorities move to...
SABRINA BT2 Mins read
Court Lifts Block on EABL Sale, Paving Way for Asahi Takeover
A planned multibillion-shilling takeover of East African Breweries PLC (EABL) has been given the green light after the High Court threw out a...
SABRINA BT2 Mins read
Uchumi Supermarkets to hold first AGM in 8 years
Uchumi Supermarkets has scheduled its first Annual General Meeting (AGM) since 2018 for 29 April 2026. Shareholders will be asked to adopt...
JACKSON OKOTH2 Mins read
CBK Holds Benchmark Rate at 8.75% Amid Gulf Crisis Concerns
CBK(Central Bank of Kenya) Monetary Policy Committee (MPC) decided to maintain the Central Bank Rate (CBR) at 8.75 percent, during its meeting held...
JACKSON OKOTH2 Mins read
Confusion as KPC Insists Fuel is Available While Stations Run Dry
As queues grow at petrol stations in several towns, Kenya Pipeline Company (KPC) has moved to reassure Kenyans that the country is not...
SABRINA BT2 Mins read
Firms Get Relief as KRA Blocked from Freezing VAT Credits
A new ruling has handed Kenyan businesses a significant win in their long-running battles with the taxman, after the Tax Appeals Tribunal stopped...
SABRINA BT2 Mins read
