BAK boss Ombok vows to grow Kenyan boxing

By Evans Makokha,

The Boxing Association of Kenya (BAK) president  Anthony Ombok Otieno has called on all shareholders to rally together as he vowed to spearhead the g...

Anthony Ombok Otieno

With no competing offers, NBK accepts KCB’s Ksh.3.80 share price

By Kepha Muiruri,

The board of the National Bank of Kenya (NBK) has resigned itself to the KCB Group self valuation of the bank with no forthcoming counter offer for th...

KCB Group , National Bank of Kenya , NBK Board chairman Mohamed Hassan

From dip to record profits: Bob Collymore’s Safaricom legacy by numbers

By Kepha Muiruri,

Bob Collymore did not have the best of starts when he took over as Safaricom Chief Executive Officer and many wondered whether Michael Joseph's exit w...

Acute Myeloid Leukemia , Bob Collymore , Safaricom

All hands on deck: Rotich assures Parliament of proper checks on KCB-NBK deal

By Kepha Muiruri,

The National Treasury has defended its position on perceived laxity under the ongoing procedures in the acquisition of the National Bank of Kenya (NBK...

CBK , CMA , Henry Rotich , KCB-NBK acquisition , National Treasury

Jubilee diversifies to finance with fund manager licensing

By Kepha Muiruri,

Kenya’s largest insurer by asset base Jubilee Holdings has set its sights on financial services in what is a move away from its traditional general ...

Insurance in Kenya , Jubilee Holdings , Julius Kipng'etich , Julius Kipnm , Nizar Juma

KCB Group offers to buy National Bank of Kenya for Ksh.6.6 billion

By Kepha Muiruri,

KCB Group has offered National Bank of Kenya Ksh.6.6 billion shillings to acquire 100% of the struggling bank. In a binding takeover document prese...

KCB Group , KCB-NBK acquisition , National Bank of Kenya (NBK) , Wilfred Musau

National Assembly now wants Kenya Airways nationalised

By Faizal Ahmed,

The National Assembly's Transport Committee has shot down the proposed take over of Jomo Kenyatta International Airport by national carrier Kenya Airw...

jkia , Kenya Airways , National Assembly

National Bank postpones key vote on takeover by KCB

By Kepha Muiruri,

The board of the National Bank of Kenya (NBK) postponed the key vote on the lender’s proposed takeover by KCB Group on Friday. This as the bank�...

Centum to sell soda business stake to Coca-Cola in Ksh.19B deal

By Kepha Muiruri,

Centum Investment Limited has entered an agreement which if successful will see the firm relinquish its entire stake in the soft drinks business to Co...

Almasi Beverages , Centum Investment , Coca-Cola Beverages Africa , James Mworia

East African CEOs caught napping under disruption wave: report

By Kepha Muiruri,

East African CEOs are making littler investments in innovation in comparison to their global counterparts, a new report says. The report authored b...

East African CEOs

NBK bounces back to record Ksh.106 million net profit

By Kepha Muiruri,

The National Bank of Kenya (NBK) has announced a Ksh.106.3 million net profit for the period ending March 31, 2019 to effectively end a 15-month dip i...

KCB-NBK acquisition , National Bank of Kenya (NBK) , Wilfred Musau

Bob Collymore outlines key targets for fresh 14 months term

By Kepha Muiruri,

Bob Collymore has defined his new term at the helm at Safaricom as a work-in-progress highlighting key targets for the upcoming 14-months. While co...

Bob Collymore , mpesa , Safaricom

Safaricom boss Bob Collymore extends stay in office by one year

By Kepha Muiruri,

The chief executive of Kenya’s biggest telecoms operator Bob Collymore has said he will stay on for an extra year in his role. “I am actually n...

collymore , Safaricom

Government Mortgage Firm to deliver Cheaper Homes

By Zeddy Sambu,

The State-backed company to implement the social housing project to advance cash to banks and saccos for on-lending to home buyers is to be launched t...

affordable housing , Big Foru Agenda , Charles Hinga , Kenya Mortgage Refinancing Company , mortgage

Couple awarded Ksh.200B over weed killer they claim caused their cancer

By Reuters,

A California jury on Monday awarded more than $2 billion to a couple who claimed Bayer AG’s glyphosate-based Roundup weed killer caused their cancer...

California , cancer , Weed Killer

No employees should be sacked in CBA-NIC Group merger, banks told

By Reuters,

The Competition Authority of Kenya approved has a proposed merger between Commercial Bank of Africa (CBA) and NIC Group, the regulator said in a state...

CBA , NIC

Uchumi suppliers agree to forfeit Ksh.2.5B owed to them

By Kepha Muiruri,

Suppliers of troubled Uchumi supermarkets have agreed to forfeit Ksh.2.5 billion debt owed to them as part of a proposed recovery plan for the retaile...

Uchumi supermarkets

Win for Tatu City as Court orders arrest of Kenyan partners

By Agnes Oloo,

The Court of Appeal on Friday has okayed the imminent arrest and prosecution of Kenyan partners accused of registering caveats against Tatu City land ...

Cedar IV Ltd , Director of Public Prosecutions. , Fatuma Sichale , Justice Mumbi Ngugi , Kamau Kuria , Patrick Kiage , Tatu City , Wanjiru Karanja , Wilson Gikonyo

Safaricom succession: Filling Collymore’s shoes an uphill task

By Kepha Muiruri,

Safaricom’s Board has remained mum on the appointment of a new Chief Executive Officer despite Bob Collymore announcing intentions to step down. ...

Bob Collymnore , fuliza , mpesa , Safaricom

Safaricom pays out first special dividend in year of record profit-making

By Kepha Muiruri,

Kenya’s largest telco-operator by size Safaricom will pay out a special dividend to shareholders following its record year of profit making in what ...

Bob Collymore , Safaricom