How Metropolitan National Sacco Lost KSh 12 Billion to Insiders
In a well-organized syndicate that involved some of its former and present senior staff and board directors, the 47-year-old Metropolitan ...
Competition Authority Spares Over 4000 Apparel Workers in Merger Deal
Nava Apparels has been granted go ahead to acquire the assets of Mombasa Apparel (EPZ), on condition it retains all ...
KCB Group: What’s in a Valuation?
In the ever-evolving landscape of banking and finance, the Nairobi Securities Exchange (NSE) has witnessed a significant shift in the ...
State Alarmed by Increased MSMEs Collapse
The State Department of Micro, Small and Medium Enterprise (MSME) Development says it is alarmed by the increased number of ...
GPI Survey: Economies At Risk From Violence
Economies across the world are likely to be hit hard further if adequate measures are not put in place to ...
Introducing The Top 10 Women Shaping the Region’s Banking and Finance Sector
Register here for Angaza Awards Top 10 Women to Watch in Banking and Finance East Africa Zoom Event on Tuesday ...
How DRC Bank, Delayed Compliance, Have Stalled Access Bank’s Acquisition of National Bank
Access Bank DR Congo, a relatively small but now very significant subsidiary, is at the heart of the delay in ...
KCB to Auction Tycoon’s Road Construction Firm as Pending Bills Bite
Kenya Commercial Bank (KCB) is set to auction the assets of road construction firm Nyoro Construction Company—owned by Kenyan tycoon ...
Employment in Agriculture Picks up as Other Sectors Plateau-CEO Survey
Employment in the agriculture sector is expected to rise in the second quarter of 2025, while CEOs from other sectors ...
Institute of Public Finance Calls out State for Funding Weak Programmes
The Institute of Public Finance (IPF) is pushing for the urgent strengthening of linkages between budget planning and execution ahead of June tabling ...
Kenya’s Residential Market Booms: Opportunities and Challenges Ahead
16 April. Nairobi. Kenya’s residential market is thriving, driven by rising demand from buyers, expatriates, and international investors. The luxury ...
Sudan Conflict Enters Third Year With No End in Sight
On April 15th, the Sudan conflict entered its third year since fighting broke out between the Sudanese Army (SA) and ...
Investors in Nigeria, Kenya Count Losses after CBEX Collapses
The collapse of CBEX, a fast-growing digital Ponzi scheme disguised as an investment platform operating across Africa, has seen investors ...
Safaricom’s Dispute with Fintech Over M-PESA Bill Manager Escalates
Safaricom PLC is facing renewed legal pressure after the High Court declined to strike out a cross-appeal filed by fintech ...
Tullow Oil Exits Kenya Amid Regulatory Delays, Uncertain Investment Outlook
Tullow Oil PLC has agreed to sell its entire Kenyan portfolio to Gulf Energy Ltd for a minimum consideration of ...
Unrealistic Budgets Hinder KRA from Hitting Revenue Targets-EY
Big Four professional services firm Ernst & Young has linked Kenya Revenue Authority’s (KRA) failure to meet tax targets to ...