KenGen Announces Record Ksh 4.3 Billion Dividend Payout
KenGen has announced a record dividend payout totalling Ksh 4.3 billion to its shareholders. Included in this payout is a…
Category: Business
Hustler Fund Faces Scrutiny As Auditor General Flags Financial Irregularities
The Financial Inclusion Fund, commonly known as the Hustler Fund, has come under intense scrutiny following a damning report by…
KCB Bank Launches Kenya’s First Platinum Multi-Currency Prepaid Card
KCB Bank has teamed up with UK-based payments software company, Compass Plus Technologies, to enhance its multi-currency offering by introducing…
Sudan Imposes Indefinite Ban on Kenyan Imports Amid Rising Diplomatic Tensions
The Sovereign Council of Sudan, under the leadership of General Abdel Fattah al-Burhan, has announced an immediate and indefinite ban…
Nairobi Man Sues EABL for Sh20 Million Over Image Misuse
A Nairobi resident, Samuel Mburu Maina, has taken legal action against East African Breweries Ltd (EABL), demanding Sh20 million in…
KCB Group Posts 65% Profit Surge to Ksh 61.8 Billion
KCB Group has unveiled its 2024 financial results, showcasing a remarkable 65% jump in profit after tax to Kes 61.8…
Cabinet Approves Bill to Reshape KUSCCO’s Role Amid Ksh 12.5 Billion Scandal
The Cabinet has approved a Bill that, if passed, will significantly reduce the mandate of the Kenya Union of Savings…
Kenya Revamps Oil Blocks to Boost Investment
Kenya has restructured its petroleum exploration blocks to align with global best practices and its legal frameworks, Energy and Petroleum…
Kenyan Banks Face Higher Licence Fees Under Proposed Regulations
Commercial banks in Kenya could soon pay higher licence fees if the National Assembly approves the proposed new regulations. The…
Bandari DT Sacco Celebrates 50 Years Of Remarkable Growth Amid Economic Challenges
Speaking at the 50th Annual Delegates Meeting, held at Pride Inn Paradise in Shanzu, Mombasa County, Bandari DT Sacco Chairman…