Kenya Extends Payment Freeze on Policyholders of Three Insurers Under Statutory Management.
Kenya’s Policyholders Compensation Fund (PCF) has extended by two months a moratorium barring three insurers under its statutory management from…
The East African Community Revives Panel to Speed Capital Markets Integration.
The East African Community (EAC) has reactivated its capital markets sub-committee to speed EAC capital markets integration ahead of a…
Bank Of Baroda Kenya Denies Closure Reports, Says Operations Continue.
Bank of Baroda (Kenya) Limited said it continues to operate normally in Kenya, rejecting reports that it was closing its…
Kenya Power Revenue Rises to Ksh238.2 Billion in FY2026.
Kenya Power and Lighting Company Plc reported revenue of KSh238.24 billion for the year ended June 30, 2026, up from…
EBRD, Co-Operative Bank of Kenya Sign $50 Million Swap Tied to New KESONIA Rate.
The European Bank for Reconstruction and Development (EBRD) has signed a $50 million (€43.1 million) cross-currency swap agreement with the…
Kenyan Avocado Exporter Karakuta Fresh Produce Plans to list on the Nairobi Securities Exchange.
Karakuta Fresh Produce Ltd, a Kenyan exporter of avocados and fresh organic herbs, said on Thursday it intends to list…
Kenya Court Nullifies $1.6 Billion Vodacom Purchase of Safaricom Stake.
Kenya’s High Court has declared void the government’s sale of a 15% stake in Safaricom PLC to Vodacom Group, ruling…
Twiga Foods Enters Administration After Years of Financial Strain.
Templar Field Limited and GT Flow Limited, the companies formerly known as Twiga Foods Limited and Twiga Foods One Limited,…
Firstrand Says No Rush to Buy Kenyan Bank as South African Rivals Strike Deals.
South African lender FirstRand (FSR.J) is not under pressure to complete a bank acquisition in Kenya, Chief Executive Mary Vilakazi…
Kenya Seeks Stronger AIIB Partnership to Fund Infrastructure Push, Eyes Regional Office.
Kenya is seeking a deeper partnership with the Asian Infrastructure Investment Bank (AIIB) to secure financing for transport, energy and…