Sidian Bank founders pocket Sh842m from 16pc stake sale Sidian Bank founders and individual shareholders received Sh841.66 million on sale of their entire stake.
US firm buys Kwale miner’s parent in Sh31bn deal Kwale titanium miner Base Titanium’s Australian parent firm is set to be acquired by Energy Fuels.
Cellnet Limited vs KRA: A triumph for tax justice Cellnet Ltd is a private limited company whose trade is the sale of airtime, connector packs, mobile phones and accessories.
Ola Kenya spared Sh943m ‘no law’ tax A High Court has rejected a Sh943.14 million tax claim by the Kenya Revenue Authority against Ola Kenya.
Victoria Bank buys Sh20m more stake in kindergarten Victoria Commercial Bank bought additional shares worth Sh20.08 million in Montessori Learning Centre.
KCB receives Sh4.2bn to fund women businesses in Kenya KCB Bank Kenya has received €30 million from the Bill & Melinda Gates Foundation and the European Investment Bank.
Fresh battle for control rocks troubled Savannah Cement A fresh row has erupted over the control of the troubled Savannah Cement’s administration process.
Co-op wealth management assets hit Sh218bn Co-operative Bank of Kenya’s wealth management subsidiary grew its assets under management 11.15 percent.
DTB unveils seven more branches in Kenya drive Diamond Trust Bank (DTB) has opened four new branches in Kenya, with another three in the pipeline for launch this week.
Opera stops free data offers in Kenya on regulatory changes Opera has halted its free data campaigns in Kenya.
E-commerce startup MarketForce shuts down RejaReja distribution unit While MarketForce originally started off as a sales automation software in 2018, it later ventured to the B2B e-commerce RejaReja.
Standoff as community fights to buy Lipton Tea assets Plans by CVC Capital Partners to sell tea estates have run into headwinds as a consortium of local cooperatives fight to rival Sri Lanka’s Browns Investment Plc.
Safaricom boost as Ethiopia slashes termination charges Safaricom's subsidiary in Ethiopia has been handed a boost after the country’s telecommunications regulator cut MTR by a quarter.
Co-op Bank lends Sh499m to its brokerage subsidiary Co-operative Bank of Kenya lent its stock brokerage services arm Sh499 million in the financial year ended December 2023.
Bata sets sights on opening 10 new stores before year-end Bata is set to open 10 new retail outlets in Kenya this year.
How Savannah Cement collapsed with Sh14bn KCB, Absa debt KCB Group and Absa Bank Kenya are facing a Sh14.12 billion hit in the loss-making Savannah Cement.
UK firm gets manganese exploration licence UK mining firm, Marula, has been awarded a Kenyan trading licence for manganese.
Rubis inks deal to operate National Oil in rescue plan Rubis is set to become the strategic investor in National Oil Corporation of Kenya (NOC Kenya).
TikTok to publish quarterly compliance reports in new rules TikTok will be required to publish compliance reports every three months.
Company on the spot again over claims of impersonation A private firm, Multi-Works and Rights Enforcements has been accused of impersonation and deceit.
Bamburi Cement pays record Sh2bn on cash pile up Shareholders expect another special dividend from the proceeds of the sale of business in Uganda.
State, Hilton put up Sh2bn stake in iconic hotel for sale The iconic Hilton Hotel in the Nairobi central business district is on sale.
Sh2.4bn arbitration award haunts GDC bosses The National Assembly has opened a full-scale inquiry into Sh2.4 billion that GDC paid to a UK firm that drilled incomplete wells in the Menengai geothermal field.
Ndegwa firms take 23.8pc stake in delisted Fahari property fund Companies owned by the Philip Ndegwa family have taken a combined 23.87 percent stake in property fund ILAM Fahari I-Reit.
Kenya Seed set to boost acreage on high demand Kenya Seed Company is targeting to increase acreage under maize seed production to more than 41,000 acres.