Charles Mahinda takes over as CAK chair, Shaka Kariuki exits Veteran civil servant Charles Mahinda replaces Shaka Kariuki as chair of the Competition Authority of Kenya
PRIME How tender interference cost Consolidated Bank’s ICT chief his job Court says the State-owned lender followed due process in dismissing its ICT head, but orders a partial refund of deductions from his terminal dues.
PRIME Court freezes Sh1bn Moi-linked land as Equity CEO fights for title The case pits the couple against Mount Pleasant Limited in a dispute over land in Nairobi’s upscale Muthaiga area, with competing ownership claims tracing back to transactions involving the late...
PRIME Nairobi Hospital AGM stopped as petition queries shareholder list About 15 cases have been filed over leadership and governance issues at the premier facility, with the majority of them yet to be concluded.
PwC takes control of troubled clean energy start-up Koko Networks The administrators’ appointment is a final bid to rescue Koko or settle creditor and supplier claims before its 11-year run ends.
PRIME Absa eyes Kenya buyout in race for retail market Absa Group will seek to close the deal through its Kenyan subsidiary, where it has a 68.5 percent stake.
PRIME Banks exclude fees, charges on existing loans in pricing change Average commercial bank loan rates fell gradually through 2025 to December, ahead of the transition to the new pricing framework, with the mean rate falling to 14.82 percent from 16.9 percent a...
PRIME How travel claims dispute linked to KPLC manager’s daughter cost employee job Kenya Power denied any improper influence, insisting her dismissal was purely disciplinary.
PRIME Appeal court rejects ‘oppressive’ security deposit order in debt recovery case The conflict began in 2019, when Tata sued Berlin Equipment and Kwale International Sugar Company over an alleged unpaid debt of $5 million.
PRIME StanChart to pay former manager for unfair dismissal The case arose from events in late 2017 when a customer service officer filed a sexual harassment complaint against a sales officer while Ms Mithano was on leave.
PRIME Cooling inflation, reduced currency volatility boost Safaricom Ethiopia Safaricom has highlighted the improvement in the macroeconomic environment as a signal of stability for its Ethiopian business.
PRIME How KRA officer was framed in Busia sugar smuggling racket KRA alleged Ms Lebene negligently released them without recording their details, but she maintained she was at the hospital.
PRIME Former Limuru MP Nyanja loses bid to recover Karen property Evidence tabled in court showed that the former MP borrowed several loans from the bank as from 1985 including an Sh8 million credit facility which was secured using the Karen home.
PRIME IFC to lend flower firm Sh1.6bn for expansion Most of Kenya’s flowers are sold to the Netherlands –about 70 percent, followed by the United Kingdom with other significant markets being Germany, Italy and France.
PRIME Kenya Power raises interim dividend 50pc on profit growth The new dividend will be paid on March 27 to shareholders who will be on the register on February 23.
PRIME Henrey EV car dealer sets up Sh320m Mombasa plant EV assemblers in Kenya are exempt from the 35 percent import duty levied on fully-built units shipped into the country.
PRIME Court backs HF in Tigoni asset loan row with developer The dispute stemmed from a 2013 construction loan meant to finance a residential development in Tigoni, Limuru.
PRIME Prime Bank wins ‘double-taxation’ row with KRA A tribunal ruling limiting excise duty and withholding tax claims offers fresh guidance for lenders and curbs aggressive tax assessments by the taxman.
PRIME K’Osewe’s ex-wife hits early setback in bid to control city restaurant Ms Mutheu—a 50/50 co-owner of the business trading as K’Osewe—also wanted the High Court to restrain her former husband from selling the assets of the company and reinstate her into the...
PRIME EABL lays the ground for a sustainability-linked bond In October 2025, EABL Plc raised Sh16.76 billion through its latest corporate bond, registering a subscription rate of 154.0 percent for the five-year note that is priced at 11.8 percent.
PRIME Asset prices rally hand NSSF Sh46bn paper gains Overall, the State-owned pension fund’s net assets rose to Sh572.77 billion in June 2025, from Sh400.2 billion in the previous year.
PRIME Kippra staff sues over executives recruitment amid promotion dispute Kippra employee sues to halt recruitment of 43 senior officers, citing breach of internal promotion rules.
PRIME Centum eyes 22-storey office tower at Two Rivers SEZ Centum’s Reit targets Sh5 billion ($37.3 million), initially to acquire the fully occupied Trific North Tower in the SEZ.
PRIME Logistics company Cold Solutions raises Sh2.4bn Cold Solutions raises $19M to expand East Africa cold storage and transport, tackling food and pharma waste.
PRIME State tightens grip on Kuscco with CEO secondment The government has picked a new chief executive officer (CEO) to run the Kenya Union of Savings and Credit Co-operatives (Kuscco), seizing control of the troubled umbrella organisation, which is...
