Stories By Swala Nyeti Reporter
Super Metro halts operations for 3 days as 269 drivers are ordered off the road
Apr 16, 2025 at 09:16 PM
Super Metro Limited has halted its operations for three days after the Transport Licensing Appeals Board (TLAB) ordered the immediate disengagement of 269 drivers and reinstated th...
SBM Bank returns to profitability with Sh12.4 million post-tax profit in Q1 2025
Apr 16, 2025 at 01:48 PM
SBM Bank Kenya has posted a Sh12.4 million after-tax profit for the first quarter of 2025, marking a dramatic turnaround from a Sh370 million loss recorded during the same period i...
City man linked to JamboPay hacking, syphoning of Sh49 million arraigned
Apr 15, 2025 at 12:07 PM
A man who police have linked to the hacking of the Jambo Pay client portal and the syphoning of Sh49 million was on Monday arraigned before a court in Nairobi County....
Businessman Abdi Yussuf Mohamed charged with Sh12 million land fraud
Apr 14, 2025 at 11:15 PM
Businessman Abdi Yussuf Mohamed was on Monday charged at the Milimani Law Courts in Nairobi over links to a Sh12 million land fraud....
Fuel prices at the pump decrease marginally in latest revision by EPRA
Apr 14, 2025 at 05:45 PM
Super petrol, diesel and kerosene will retail at the pump at a lowered price of Sh1.95, Sh2.20 and Sh2.40 per litre respectively for the next one month.This is according to the lat...
NCBA Golf Series: Muhia and Karuga shine in Nakuru to qualify for grand finale
Apr 13, 2025 at 11:39 PM
Esther Karuga and Paul Muhia on Saturday beat a field of more than 184 amateur golfers to qualify for the NCBA Golf Series grand finale slated for Muthaiga Golf Club on November 28...
Mombasa developer loses Sh350 million as controlled demolition leaves damages
Apr 10, 2025 at 01:07 AM
A developer behind a condemned 11-storey building in Mombasa claims to have lost up to Sh350 million following the demolition by explosives of a building during a military-led exer...
CBK cuts benchmark rate by 75 basis points to 10 per cent, lowest since 2023
Apr 09, 2025 at 07:04 PM
The Central Bank of Kenya (CBK) has cut the benchmark interest rate by 75 basis points to 10.00 per cent—its lowest level since May 2023—as part of efforts to stimulate bank le...
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Kenya Power sets sights on expanding grid with 150,000 new connections
Apr 09, 2025 at 12:34 PM
Kenya Power is launching the sixth chapter of its Last Mile Connectivity Project (LMCP), aiming to deliver electricity to 150,000 new customers across 45 counties, with the excepti...
Government may introduce new taxes in Finance Bill, 2025, Kimani Kuria suggests
Apr 08, 2025 at 02:18 PM
A potential wave of new taxes looms as the government looks towards the Finance Bill, 2025, with National Assembly Finance Committee Chair Kimani Kuria suggesting that they may be ...
All banks will be compelled to disclose climate risks under new CBK regulations
Apr 07, 2025 at 09:56 PM
The Central Bank of Kenya (CBK) has given banks and mortgage finance firms 18 months to begin the mandatory disclosure of climate-related financial exposure linked to the individua...
Kenya secures fuel price cuts as Govt extends G-to-G gulf supply deal to 2027
Apr 07, 2025 at 11:51 AM
Pump relief is set to linger longer for Kenyans following a new agreement with three State-owned Gulf oil firms to slash fuel prices by up to 14 per cent per tonne, extending the g...
Govt to waive 50 per cent import duty on yellow maize to stabilise local prices
Apr 04, 2025 at 06:06 PM
The government has announced a 50 per cent duty waiver on the importation of 5.5 million bags of yellow maize over the next year, a move aimed at easing pressure on local white mai...
KCB and Mi Vida Homes partner to offer Kenyans affordable housing solutions
Apr 04, 2025 at 04:27 PM
KCB Bank and Mi Vida Homes have announced a partnership aimed at addressing the housing deficit in Kenya....
Musk's DOGE scraps over Sh10 billion in Kenyan deals over 'wasteful' expenditure
Apr 03, 2025 at 08:30 PM
Elon Musk’s Department of Government Efficiency (DOGE) has recently annulled significant contracts in Kenya, totalling over Sh10 billion....
Africa’s billionaires' collective wealth expands past $100 billion for first time
Apr 01, 2025 at 03:37 PM
For the first time, the cumulative wealth of Africa’s dollar billionaires has surpassed the $100 billion mark, reaching $105 billion, according to Forbes....
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How NCBA’s Sh230 million investment in golf has elevated the sport in East Africa
Apr 01, 2025 at 03:16 AM
When NCBA Group officially unveiled the NCBA Golf Series on January 27, 2021, many golfers and golf enthusiasts perceived it as just another golf sponsorship by a corporate....
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Junior golfers struggle during the Sigona leg of the NCBA JGF US Kids Spring Tour
Mar 31, 2025 at 04:11 PM
Most junior golfers taking part in the fifth leg of the NCBA JGF US Kids Spring Tour missed their tournament targets as they tried to overcome the Sigona Golf Club course in Limuru...
Zim billionaire Strive Masiyiwa’s Cassava, Nvidia to launch 'Africa’s first AI factory'
Mar 27, 2025 at 01:09 AM
Zimbabwean telecommunications mogul Strive Masiyiwa’s Cassava Technologies is partnering with American tech giant Nvidia to build what it touts as “Africa’s first AI factory....
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Kenyan CEOs bet on global growth but tread cautiously on local risks, survey says
Mar 25, 2025 at 03:44 PM
Even as geopolitical and trade tensions persist, Kenya’s business leaders are looking ahead with optimism, forecasting a rebound in the global economy....
