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Kenya to Sell 15% Stake in Safaricom to Vodaphone: Unpacking the Deal
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Kenya to Sell 15% Stake in Safaricom to Vodaphone: Unpacking the Deal

Kenya Government announced on December 3, 2025, that it had agreed to sell its 15% stake in Safaricom Plc to Vodafone Kenya, for approximately KSh 244.5 Billion. Over the past decade, Kenya has built highways, railways, airports, and…

5 min read
Hollywood fears job cuts as opposition to Netflix-Warner deal grows
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Hollywood fears job cuts as opposition to Netflix-Warner deal grows

Hollywood is bracing itself for more belt-tightening and job losses if Netflix’s $83bn deal to acquire Warner Bros goes through, as entertainers and the industry’s powerful unions urge regulators to block the transaction. The Hollywood…

4 min read
Qatar Airways appoints new Group CEO
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Qatar Airways appoints new Group CEO

In an official announcement released by Qatar Airways, Hamad Al-Khater has been named as Group Chief Executive Officer effective immediately, replacing former chief Badr Al-Meer. Al-Khater previously held the position of CEO of Hamad…

2 min read
Kenyan Punters Riding the Imara Streak Revolution
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Kenyan Punters Riding the Imara Streak Revolution

t the center of this shift is ImaraBet Kenya, a licensed and fast-growing platform winning over serious bettors with transparency, competitive odds, and the now-famous Imara Streak.

3 min read
Nairobi Tailor Is Newest SportPesa Mega Jackpot Winner
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Nairobi Tailor Is Newest SportPesa Mega Jackpot Winner

A Nairobi tailor has become Kenya’s newest millionaire after turning a simple 99-shilling prediction into an astonishing Ksh 20.7 million win, inspiring thousands of Kenyans to believe again in the power of the SportPesa Mega Jackpot.

3 min read
Govt: Decade-Long Stalled Turkana Oil Project Set to Begin Next Year
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Govt: Decade-Long Stalled Turkana Oil Project Set to Begin Next Year

Kenya is on the verge of finally unlocking commercial oil production in Turkana, with the Energy Ministry urging Parliament to quickly approve the revised Field Development Plan (FDP) for Gulf Energy’s South Lokichar project. The ministry…

3 min read
KCB and Visa Partner to Enable Card Payments via Smartphones
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KCB and Visa Partner to Enable Card Payments via Smartphones

KCB Bank Kenya has partnered with Visa to launch a Tap to Phone contactless payment solution that will allow merchants to accept card payments using any NFC-enabled Android smartphone. The innovation removes the need for traditional point…

2 min read
KenGen to Pay Government KSh 4.2 Billion As Dividends
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KenGen to Pay Government KSh 4.2 Billion As Dividends

KenGen (Kenya Electricity Generating Company PLC) shareholders approved a first and final dividend of KSh 0.90 per share at its recently held 73rd Annual General Meeting(AGM) in Nairobi. This is an increase from a dividend of KSh 0.65 per…

3 min read
Regulators Renew Pressure on Organisations to Follow IFRS and IPSAS
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Regulators Renew Pressure on Organisations to Follow IFRS and IPSAS

Kenya’s financial regulators have renewed their push for stronger compliance with international reporting standards. They said public and private organisations must follow IFRS and IPSAS to improve accountability and strengthen the…

2 min read
Access Bank and NBK Unite to Expand Funding for Women Entrepreneurs
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Access Bank and NBK Unite to Expand Funding for Women Entrepreneurs

Access Bank Kenya and the National Bank of Kenya have introduced a new programme aimed at strengthening women-led and women-backed businesses across the country. The initiative, known as the W Initiative, is expected to widen access to…

2 min read
Govt to Sell Safaricom Stake as it Eyes Ksh244B for Infrastructure Fund
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Govt to Sell Safaricom Stake as it Eyes Ksh244B for Infrastructure Fund

The Government of Kenya is preparing to sell a portion of its shareholding in Safaricom PLC, opening the way for Vodafone Kenya Limited to increase its stake in the country’s largest telecommunications company. This follows a formal notice…

2 min read
Family Bank Raises Ksh8B in Oversubscribed Share Offer
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Family Bank Raises Ksh8B in Oversubscribed Share Offer

Investors have poured Ksh 8 billion into Family Bank, exceeding the bank’s initial target of Ksh 6.090 billion and achieving an oversubscription of 131 per cent. The new funds will help the bank expand lending, push forward its digital…

1 min read
CS Kagwe: Government to Reclaim Sugar Mills After 30-Year Leases
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CS Kagwe: Government to Reclaim Sugar Mills After 30-Year Leases

Agriculture Cabinet Secretary Mutahi Kagwe has assured Kenyans that the government will retain full ownership of the four public sugar factories even after leasing them to private companies for 30 years. He told Parliament that any…

2 min read
Equity Bank Adjusts Loan Prices Using New Model
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Equity Bank Adjusts Loan Prices Using New Model

Equity Bank, the largest subsidiary of Equity Group Holdings, has announced its transition to the new loan pricing framework or the Revised Risk Based Credit Pricing Model. The lender said the new Risk-Based Credit Pricing Framework will…

2 min read
Public Service Pension Fund Sees Ksh100B Growth in Year
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Public Service Pension Fund Sees Ksh100B Growth in Year

The Public Service Superannuation Fund (PSSF), which manages retirement savings for civil servants, teachers, and uniformed personnel, has nearly doubled its value in just one year, reaching Ksh 242 billion in 2025, up from Ksh 142 billion…

2 min read
Uchumi Shares: Why Investors Are Glued to the Counter
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Uchumi Shares: Why Investors Are Glued to the Counter

Uchumi Supermarket Limited Shares have been on a rally for the past three weeks, climbing to a high of KSh 1.22 this Tuesday, its highest since 2018. At the close of business, yesterday, Uchumi shares increased 9.91% to KSh 1.22 from the…

3 min read
Vivo Energy, Safaricom Unlock Value for Kenyan Drivers
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Vivo Energy, Safaricom Unlock Value for Kenyan Drivers

Vivo Energy Kenya, the company that distributes and markets Shell products and services in the country in partnership with Safaricom, have announced a boost to Bundle Ya Deree

2 min read