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Kenya Secures Ksh23.5B China Exim Loan to Modernize Transport Network
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Kenya Secures Ksh23.5B China Exim Loan to Modernize Transport Network

Kenya has secured a Ksh 23.5 billion (US$185 million) concessional loan from the Export-Import Bank of China to modernize its transport network and improve traffic management across major road corridors. The agreement was signed by…

1 min read
HF Group Q3 Profit Before Tax Hits Ksh1.14B in Major Turnaround
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HF Group Q3 Profit Before Tax Hits Ksh1.14B in Major Turnaround

HF Group has announced a major jump in earnings, posting Ksh 1.14 billion in profit before tax. This is a 265 per cent rise from what it recorded during the same period last year. Profit after tax also increased to Ksh 988.7 million, more…

2 min read
Kenya Airways Issues Profit Warning On Lack of Aircraft Spares
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Kenya Airways Issues Profit Warning On Lack of Aircraft Spares

Kenya Airways has issued a profit alert, warning that its 2025 earnings will drop by at least 25% compared to 2024. The airline attributes this decline to engines availability and spare parts shortages. Currently, Kenya Airways says three…

2 min read
Mantrac Takes Kenyan Clients to Spain for Caterpillar Centennial Experience
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Mantrac Takes Kenyan Clients to Spain for Caterpillar Centennial Experience

Mantrac Group, a major authorized dealer for Caterpillar across its African territories, recently concluded a customer engagement initiative in Málaga, Spain, marking Caterpillar’s centennial anniversary. The program, which brought eleven…

2 min read
Tanzanian Cloud Push: Wingu Debuts WCX to Simplify Enterprise Adoption
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Tanzanian Cloud Push: Wingu Debuts WCX to Simplify Enterprise Adoption

Wingu Africa, a data center and infrastructure provider, has rolled out a locally hosted private cloud platform in Tanzania, aiming to capture market share from global giants like Amazon Web Services (AWS) and Microsoft Azure across East…

2 min read
TPS Eastern Africa Plc(Serena) Issues Profit Alert
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TPS Eastern Africa Plc(Serena) Issues Profit Alert

TPS Eastern Africa Plc, the owners of Serena Group of Hotels which is majority-owned by the Aga Khan Fund for Economic Development (AKFED), is warning of a significant drop in profits, expecting a fall of over 25% in 2025. This is largely…

2 min read
Court Rules Dilution of SportPesa Shares Was ‘Lawful and Necessary’
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Court Rules Dilution of SportPesa Shares Was ‘Lawful and Necessary’

A London court has delivered a major setback to SportPesa shareholder and former chair Paul Wanderi Ndung’u after ruling that his allegations of fraud, conspiracy, and illegal dilution of his stake in SportPesa Global Holdings Limited…

3 min read
Amsons Group Targets Majority Ownership as It Buys NSSF Stake in EAPC
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Amsons Group Targets Majority Ownership as It Buys NSSF Stake in EAPC

Amsons Group has moved to increase its stake in East African Portland Cement Plc (EAPC) after signing a share purchase agreement (SPA) to acquire an additional 27 per cent of the company. If approved, this deal will make the Pan-African…

2 min read
Stanbic Bank Moves to Ease Access to Renewable Energy For Business
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Stanbic Bank Moves to Ease Access to Renewable Energy For Business

Stanbic Bank Kenya has signed a Memorandum of Understanding with Premier Solar Solutions Limited to expand access to affordable and reliable solar energy for businesses. The partnership strengthens Stanbic Bank’s renewable energy…

1 min read
CAK Report: Kenya Could Gain Ksh77.7B With Faster Market Reforms
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CAK Report: Kenya Could Gain Ksh77.7B With Faster Market Reforms

Competition Authority of Kenya (CAK) has said the country stands to gain more than Ksh 77.7 billion in additional GDP if it accelerates pro-competition reforms across key sectors, according to a new report released together with the World…

1 min read
CBK Seeks KSh40B in December for Budget Spending
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CBK Seeks KSh40B in December for Budget Spending

CBK (Central Bank of Kenya) has invited bids for a re-opened 25-year and 30-year Treasury Bonds, the purpose of the December Auction being to raise KSh 40 billion for Budgetary support. The state fiscal agent is offering investors an…

3 min read
Historic Win As Kenya Confirmed to Host Opening Leg of HSBC SVNS 2
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Historic Win As Kenya Confirmed to Host Opening Leg of HSBC SVNS 2

Kenya has been officially selected to host the opening leg of the HSBC SVNS 2, World Rugby announced today, cementing Nairobi’s status as one of the newest global destinations for elite international rugby. The tournament, set for February…

2 min read
NCBA Appoints Muhoho Kenyatta as Non Executive Director
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NCBA Appoints Muhoho Kenyatta as Non Executive Director

NCBA Group PLC has appointed Muhoho Kenyatta as a Non-Executive Director, effective December 1, 2025. The appointment has generated wide public interest because of Kenyatta’s close history with the bank and his long-standing influence in…

2 min read
Sanlam Kenya Officially Rebrands as SanlamAllianz
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Sanlam Kenya Officially Rebrands as SanlamAllianz

Sanlam Kenya has rebranded to SanlamAllianz Kenya following a new joint venture with German insurance giant Allianz. The partnership now makes the company part of Africa’s largest non-banking financial services group, combining more than…

2 min read
Mutahi Kagwe Pushes for Zero Tariffs to Boost Kenyan Exports to China
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Mutahi Kagwe Pushes for Zero Tariffs to Boost Kenyan Exports to China

Kenya is asking China to remove tariffs on key agricultural products like coffee, tea, avocados, and mangoes to help boost exports and reduce the growing trade gap between the two countries. Agriculture Cabinet Secretary Mutahi Kagwe met…

1 min read
Capital Markets Authority Moves to Stall Speculative Activity on Uchumi
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Capital Markets Authority Moves to Stall Speculative Activity on Uchumi

Capital Markets Authority has moved to stem the heightened speculative activity witnessed over the past two weeks on Uchumi Supermarket counter at the Nairobi Securities Exchange(NSE). The regulator first slapped Ernest& Young Accounting…

2 min read
Kenya to Sell Stake In Oil Pipeline to Uganda
Business Today KenyaFEATURED ARTICLE

Kenya to Sell Stake In Oil Pipeline to Uganda

Kenya plans to to sell a 65% stake in the Kenya Pipeline Company (KPC) to Uganda and other regional investors. President Dr William Ruto, while witnessing the ground breaking ceremony with his Ugandan counterpart President Yoweri Museveni…

3 min read