Stories By Lawrence Njoroge
NCBA crosses Sh1 trillion in digital loans, net profit rises to Sh21.9 billion in FY 2024
Mar 25, 2025 at 08:06 PM
NCBA Group PLC has reported a profit after tax of Sh21.9 billion in its full-year 2024 financial results, reflecting a 2.0 per cent growth compared to the previous year’s Sh21.5 ...
Kenya seeks new IMF deal as missed disbursement raises funding concerns
Mar 25, 2025 at 12:53 PM
Kenya's government has applied for a new lending programme with the International Monetary Fund (IMF) after forgoing the final review of the existing arrangement....
Super Metro resumes operations as tribunal briefly lifts NTSA suspension
Mar 24, 2025 at 03:28 PM
Super Metro matatu is once again ferrying passengers after the Transport Licensing Appeals Board (TLAB) temporarily lifted the suspension imposed by the National Transport and Safe...
Five dead as Kenyan cargo plane crashes in Somalia after delivering supplies to AU
Mar 24, 2025 at 09:49 AM
A cargo plane registered in Kenya crashed in Somalia on Saturday, killing all five people on board, the Somali Civil Aviation Authority (SCAA) has confirmed....
Counties face shutdown as governors demand Sh116.4 billion from Treasury
Mar 21, 2025 at 10:38 PM
The standoff between county governments and the National Treasury has escalated, with governors threatening to halt county operations unless Sh116.4 billion in withheld funds is re...
NCBA partners with Edu Hub to finance students for education locally and abroad
Mar 20, 2025 at 01:07 AM
NCBA Bank has entered into a partnership with Edu Hub to offer financial solutions for students seeking higher education abroad and Kenyan diaspora students pursuing studies locall...
Govt moots removal of 25 per cent excise duty on imported electricity transformers
Mar 19, 2025 at 12:46 PM
The Government has moved to ease the financial burden on the power sector by proposing the removal of the 25 per cent excise duty on imported fully assembled electric transformers ...
Kenya's mobile subscriptions hit 71.4 million as network expands - CA Report
Mar 19, 2025 at 12:15 AM
Kenya's mobile phone market has continued its upward trajectory, with active subscriptions rising to 71.4 million by December 2024, a 2 per cent increase from October’s 70 millio...
Struggling OLA Energy Kenya to lay off workers as it effects restructuring plan
Mar 13, 2025 at 12:24 AM
OLA Energy Kenya is set to fire an unknown number of employees as it grapples with financial constraints forcing it to embark on a strategic restructuring process to boost its mark...
Cabinet sets June commencement date for delayed Rironi-Mau Summit road dualling
Mar 11, 2025 at 06:05 PM
The construction of the long-awaited Rironi-Mau Summit Road is finally poised to commence in June, following a directive from the Cabinet, bringing an end to the delays that had hi...
Former NSE CEO Geoffrey Odundo appointed as new NMG Chief Executive
Mar 10, 2025 at 11:27 AM
The Nation Media Group (NMG) has appointed Geoffrey Odundo as its new Group Managing Director and Chief Executive Officer, with his tenure beginning on Friday last week....
KRA goes after businesses earning Sh200 million and below in tax expansion drive
Mar 07, 2025 at 07:13 PM
The Kenya Revenue Authority (KRA) is now targeting businesses and individuals generating Sh200 million or less in annual revenue as part of its latest strategy to widen the tax bas...
Kenya and China deepen economic cooperation in trade, infrastructure, tech
Mar 06, 2025 at 08:45 PM
Kenya’s economic ties with China are set to deepen as both nations explore new areas of collaboration in trade, infrastructure, and digital transformation....
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World's Deepest: BCS Group completes 400km Lake Tanganyika fiber optic cable
Mar 05, 2025 at 07:24 PM
BCS Group has completed its 400km-long Lake Tanganyika Submarine Cable Project, which is the deepest inland undersea fiber optic cable in the world....
KRA waives Sh140 billion taxes, penalties accumulated up to December 31, 2023
Mar 04, 2025 at 01:09 PM
Taxpayers burdened by years of accumulated penalties and interest have been handed a major reprieve, as the Kenya Revenue Authority (KRA) confirms the waiver of over Sh140 billion ...
Sh104.8 billion SHA system is not owned by Government, Auditor General reveals
Mar 04, 2025 at 11:44 AM
The Auditor General Nancy Gathungu has raised serious concerns over the government’s Sh104.8 billion Social Health Authority (SHA) project, revealing that the State neither owns ...
Kenya leads in data privacy enforcement as Africa strengthens protection laws
Mar 03, 2025 at 09:14 PM
Kenya is emerging as a frontrunner in data privacy enforcement, with its data protection authority intensifying efforts to ensure compliance with existing laws....
Kirinyaga County builds trauma centre to cut emergency response time notably
Mar 03, 2025 at 03:21 PM
A new trauma centre is set to redefine emergency healthcare in Kirinyaga County, with construction underway at Sagana Subcounty Hospital....
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Why roundabout joining Haile Selassie, Uhuru Highway will face major traffic jam
Feb 28, 2025 at 11:55 AM
Motorists using Haile Selassie Roundabout on Uhuru Highway should brace for temporary traffic disruptions as the Kenya National Highways Authority (KeNHA) embarks on the constructi...
Bamburi Cement shares suspended on NSE as Amsons pounces for full takeover
Feb 27, 2025 at 05:45 PM
Shareholders of Bamburi Cement Plc will no longer be able to trade their shares at the Nairobi Securities Exchange (NSE) from Thursday, following the approval of a suspension reque...
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