Stories By Bernard Wafula
Co-op Bank profit after tax goes up by 8.4 per cent to Sh14 billion in HY 2025
Aug 14, 2025 at 08:00 PM
The Co-operative Bank of Kenya has begun the year on a stronger footing, with net earnings for the first half of 2025 climbing to Sh14.1 billion, an 8.4 per cent rise from Sh13 bil...
KPA to raise tariffs on port services from September, fuelling fears of higher costs
Aug 14, 2025 at 11:20 AM
Kenya Ports Authority (KPA) will raise charges on at least 25 services at its Mombasa, Lamu and Inland Container Depots from September 15, 2025, a move expected to increase consume...
Fuel prices to remain stable despite planned KPC, Wandayi says
Aug 14, 2025 at 10:44 AM
Fuel prices in Kenya will remain steady even if the government goes ahead with plans to sell most of its shares in the Kenya Pipeline Company (KPC), Energy and Petroleum Cabinet Se...
KCB Group H1 profit up to Sh32.3 billion, as dividend payout reaches Sh13 billion
Aug 13, 2025 at 06:53 PM
KCB Group closed the first half of 2025 with a Sh32.3 billion profit after tax, up from Sh29.9 billion in the same period last year, marking an 8 per cent improvement....
Kimani Ichung’wa acquires 1 per cent stake in HF Group for Sh138.3 million
Aug 12, 2025 at 03:38 PM
Kimani Ichung’wa, the National Assembly Majority Leader and legislator for Kikuyu Constituency has taken up a one per cent stake in mortgage financier HF Group, formerly Housing ...
Kenya Pipeline value revealed as Govt targets Sh100 billion from stake sale
Aug 12, 2025 at 12:47 PM
Kenya Pipeline Company (KPC), the government-owned fuel distributor, has been valued at about Sh120 billion, according to the National Treasury, ahead of a planned listing on the N...
M-Shwari warns customers over fraudsters claiming to raise loan limits
Aug 11, 2025 at 10:34 AM
M-Shwari has issued a warning to its users about fraudsters falsely claiming they can increase or influence customer loan limits....
Only 18 per cent of govt tenders go to women enterprises in a decade of AGPO
Aug 08, 2025 at 01:09 PM
The promise was 30 per cent. But over a decade since the government ring-fenced public contracts for women, youth and persons with disabilities, less than two-thirds of that target...
Stanbic profit after tax declines by 9 per cent to Sh6.5 billion in first half of 2025
Aug 07, 2025 at 06:04 PM
Stanbic Holdings profit after tax declined by 9 per cent to Sh6.5 billion for the first six months of this year ended June 30, 2025....
Makini School poised to take over Regis Runda Academy operations in Nairobi
Aug 07, 2025 at 12:43 PM
Makini School Limited is preparing to take over the operations of Regis Runda Academy Limited, as disclosed in a legal notice issued under the Transfer of Businesses Act (Cap. 500)...
Kenya to lobby for fairer US export tariffs in upcoming Washington meeting
Aug 06, 2025 at 08:54 PM
Trade officials in Nairobi are preparing for a critical meeting with their American counterparts in Washington, set for August 20, where the future of Kenyan exports to the United ...
KPC employees to get shares in Sh100 billion IPO plan as Govt reduces its stake
Aug 06, 2025 at 02:30 PM
Employees of Kenya Pipeline Company (KPC) will be allocated shares in the firm ahead of its listing on the Nairobi Securities Exchange (NSE) in September, as the government prepare...
Slim hope for lower fuel prices as OPEC+ boosts daily oil output by 547,000 barrels
Aug 05, 2025 at 11:30 AM
Beginning in September, eight member nations of the Organisation of the Petroleum Exporting Countries (OPEC) Plus alliance will collectively increase oil production by 547,000 barr...
New EAC Bond to ease border delays and reduce trade costs across partner states
Aug 04, 2025 at 11:41 PM
The East African Community (EAC) has launched a new regional customs bond, known as the EACBond, designed to simplify the movement of goods across borders by replacing the need for...
Sanlam poised to absorb Jubilee Allianz’s insurance portfolio pending IRA nod
Aug 01, 2025 at 03:32 PM
Sanlam General Insurance Limited and Jubilee Allianz General Insurance (K) Limited have announced plans to merge their general insurance operations in Kenya, in what could mark a s...
EABL posts 12 per cent profit surge to Sh12.2 billion, proposes Sh5.50 dividend
Jul 31, 2025 at 04:55 PM
East African Breweries PLC (EABL) reported a 12 per cent jump in net profit to Sh12.2 billion for the year ended June 30, 2025, buoyed by higher sales and reduced financing costs....
 with Integrated Payment Services Limited (IPSL), Chief Product Officer Kenn Lisudza during the partnership signing on Wednesday, July 30, 2025.-1753950776.jpg)
SBM slashes Pesalink transfer charges to Sh20 in major digital payments move
Jul 31, 2025 at 11:36 AM
SBM Bank Kenya has introduced the lowest money transfer fees in the country following a new agreement with Integrated Payment Services Limited (IPSL), the operator of Pesalink....
Over 150 SMEs in Greater Western Region join Kisumu's Grow with Safaricom forum
Jul 30, 2025 at 09:23 PM
More than 150 businesses from Kenya’s Greater Western region convened at Kisumu’s Mamboleo Stadium for the 10th edition of the Grow with Safaricom Business Forum, a platform ai...
CFAO Healthcare now takes full control of Goodlife Pharmacy in East Africa
Jul 30, 2025 at 02:08 PM
CFAO Healthcare has acquired 100 per cent of Goodlife Pharmacy, taking full control of the largest private retail pharmacy chain in East Africa....
Tension at Capital FM offices as parent company confirms mass retrenchment
Jul 30, 2025 at 11:55 AM
The Capital Group Limited, the parent company of Capital FM, has notified staff of an impending layoff effective August 25, 2025, citing operational restructuring due to industry-w...
