NEWS

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BUSINESS

SBM Bank Funds Ksh572M Logistics Fleet Expansion

Beyond Continents Logistics Limited is set to increase its fleet after securing $4.44 million in financing from SBM Bank Kenya to purchase 50...

Co-op Bank impact award
BUSINESS

Co-op Bank Wins Award For Financing Water Enterprises

The Co-operative Bank of Kenya has been recognized with the Leadership in Water Infrastructure and Finance Award at the Africa WaterCredits Forum 2026,...

International Monetary Fund (IMF) logo
BUSINESS

IMF Raises Alarm Over Kenya’s Ksh1.7T Debt Deadline

The International Monetary Fund (IMF) has warned that rising global borrowing costs could increase financial pressure on governments, as Kenya prepares to manage...

Outside Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

CBK Warns Food and Fuel Costs Could Keep Kenya Inflation High

The Central Bank of Kenya (CBK) has warned that the cost of food, fuel and energy could keep inflation elevated in the coming...

Amsons Group managing director Edha Nahdi
BUSINESS

Amsons Group Strikes Ksh29.9B Deal for Oryx Tanzania Business

Amsons Group is set to more than double its fuel storage capacity after agreeing to acquire Oryx Energies’ petroleum business in Tanzania in...

President William Ruto
BUSINESS

Ruto Defends Ksh42B Sale of 25pc Stake in Kenya Pipeline

President William Ruto has pointed to recent changes in Kenya Pipeline Company’s ownership as evidence that the government is opening strategic businesses to...

Quickmart outlet during the night.
BUSINESS

UK Government to Buy 6.5% Stake in Quickmart

The United Kingdom government is preparing to invest in Kenya’s retail sector through a planned acquisition of a 6.5 per cent interest in...

File image of President William Ruto
NEWS

Ruto Proposes PAYE Exemption For Workers Earning Below Sh32,333

President William Ruto has proposed exempting workers earning Sh32,333 or less per month from Pay As You Earn (PAYE) tax in a package...

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