Retail suppliers have taken the heaviest bruising from the failure of Kenya’s long-serving supermarkets which are sinking and taking with them insur...
Flower farm Karuturi Limited lost its battle to have the Supreme Court put up an injunction to stop Stanbic Bank Plc from attaching itself to company ...
Imperial Bank depositors can now access 12.5% of their deposits after the Central Bank of Kenya and the Kenya Deposit Insurance Company (KDIC) accepte...
Kenya has hired a British attorney to prosecute high-profile state corruption cases in an apparent bid by the government of President Uhuru Kenyatta t...
Leicester City soccer club owner Vichai Srivaddhanaprabha, a Thai tycoon, was among five people on board a helicopter that crashed and then exploded a...
A Kenyan company is seeking the dissolution of retailer Uchumi Supermarkets over a Ksh.44.8million debt, according to court documents seen by Reuters....
The Director of Public Prosecutions has dismissed allegations that the arrest of Deputy Chief Justice Philomena Mwilu is part of the "we shall revisit...
KCB Group expects to finalize a takeover of smaller rival Imperial Bank by the end of September, Kenya’s biggest bank by assets said on Thursday aft...
The Central Bank of Kenya (CBK) will next week move to court to seek an extension on its control of Imperial Bank. Speaking to a section of deposit...
Imperial Bank is set to have a new anchor shareholder to lift it out of a close to three year receivership. This as KCB Kenya has emerged as the le...
Chase Bank (in receivership) is set to close 10 of its branches as it transitions into SBM Kenya following its acquisition by the Mauritian lender. ...
Kenya’s proposed financial-markets authority will not infringe on the mandate of the country’s central bank, which has complained the new agency w...
Commercial banks insurance premiums on customer deposits could soon rise with plans to move to a new risk based model. Currently banks pay a flat r...
Mauritius' SBM Holdings said on Tuesday it aimed to inject $60 million in capital to Kenya's Chase Bank in a month's time. SBM Holdings Chairman Ki...
Mauritian bank SBM Holdings has concluded the acquisition of Chase Bank, effectively ending the bank’s two year receivership. This after the bank...
Lawyer Allen Waiyaki Gichuhi is the new president of the Law Society of Kenya (LSK) after emerging the winner in an election held on Thursday. Gich...
The Kenya Electricity Transmission Company (KETRACO) has awarded a Sh9.6 billion contract to a group of Chinese companies for the installation of a tr...
Kenya's central bank governor has said he expects inflation of around 5 percent in 2018 and beyond, less than half the rate it reached earlier this ye...
The High Court has suspended a bankruptcy notice issued against presidential candidate Cyrus Jirongo. Jirongo, who dismissed allegations linking hi...
Presidential aspirant Cyrus Jirongo has dismissed allegations linking him to bankruptcy. In a letter dated 10th October 2017, addressed to Chief Ju...