PRIME Kenyans with over half a million in bank revealed Kenya's economy has grown on average by 5.0 percent annually over the past decade, but the benefits have not been equally distributed, and the gap between the rich and the poor is rising...
PRIME Inside Dangote’s IPO and how Kenyans can take part Kenyan investors have warmed up to the Dangote refinery IPO based largely on two main factors.
PRIME Kenya Power slashes finance costs after paying Sh8bn StanChart loan Kenya Power contracted the Stanchart loan in June 2016, at a rate of the prevailing London Interbank Offered Rate (Libor) rate plus 4.5 percent.
PRIME State orders probe into NHIF Sacco Kenyan saccos collectively hold over Sh884 billion in member deposits and managed an asset base exceeding Sh1.24 trillion as at June 30, 2026.
PRIME Mortgage financiers issue new Sh28bn loans as rates fall CBK found that mortgage rates across the market ranged from 7.5 percent to 19.6 percent in 2025, compared with 8.2 percent to 20.4 percent the previous year.
PRIME Former NYS employee loses case seeking damages for ruined career, reputation High Court has dismissed his petition, finding that Mr Nyongesa was given a meaningful opportunity to respond to the allegations against him.
PRIME Zuku pay-TV clients dip 16pc as MultiChoice, Azam gain The expansion of internet connectivity gives households alternatives to traditional satellite and cable subscriptions.
PRIME Court orders buy-out in fight over firm founded on friendship It declined to liquidate a company founded and run by former lovers after finding that the breakdown of their relationship had irreparably damaged the management of the business.
PRIME NLC proposes public disclosure rules in land injustice cases New rules for the investigation of historical land injustices will improve transparency and accountability in the proceedings and decisions by the commission.
PRIME Tanzania reveals KCB’s 22.23pc Pesapal stake buyout The deal marks a strategic shift for KCB from being a traditional bank toward becoming a platform-based financial services provider.
PRIME Bamburi, transporter locked in battle over missing cement Masai Kenya was contracted to transport Bamburi cement. The contested consignments were allegedly delivered to CCCC at Kimuka between April and July 2018.
PRIME Standard Bank reveals Sh167bn war chest for regional buyouts South African rivals, Absa Group and Nedbank, have already made a Sh116.5 billion investment in the Kenyan market with their recent acquisition actions.
PRIME Law firms eyeing State work to seek Attorney General’s nod Private law firms have long secured legal briefs from ministries, State agencies and corporations, including litigation and specialised work, creating a significant public-sector market for...
PRIME Nairobi Hospital defends financial position in court battle It says it is well-capitalised and capable of supporting its current operations and future growth despite allegations by petitioners that the institution is facing financial collapse.
PRIME Telco jobs rebound as industry expands digital services The latest figures point to a changing employment picture in telecommunications, although the regulator’s report does not identify the specific companies, departments or activities responsible...
PRIME Safaricom widens mobile market lead over Airtel Safaricom also retained the largest share of mobile broadband.
PRIME Bank of Baroda faces asset seizure The bank’s position in the wider dispute has been that Infinity defaulted and that it was entitled to exercise its rights as a secured lender.
PRIME Kenya Power raises Siror’s pay 90pc to Sh46m on turnaround Mr Siror’s payslip was enhanced by a higher base salary and expense allowances, and a gratuity that was absent previously.
PRIME Why Kenyan firms struggle to quantify climate risk A 2026 market readiness study by ICPAK shows many firms face a race against time to build the systems and data needed to quantify climate-related risks.
PRIME Court rejects top filmmaker’s Sh10,000 installments plan to clear Sh1.1m Netflix debt The filmmaker told the court that he was facing severe financial difficulties that had left him unable to settle the debt in a lump sum.
PRIME Savannah Cement Sh4.5bn bank loan row escalates after Ndeta trial halt Petitioners challenge the High Court decision that halted the criminal prosecution of Benson Sande Ndeta over alleged fraud.
PRIME Investors lose Sh93bn in Kenya startup failures The collapse of the young businesses has also rendered thousands of Kenyans jobless, with the firms typically engaging in a hiring blitz with a plan to gain scale and reach profitability.
PRIME How family feuds led to bankruptcy of Kamotho children The legal battles have made it difficult for the family to distribute the estate, leaving some beneficiaries, including Ms Nyokabi and Mr Waweru, short of liquid assets.
PRIME South Africa’s Vodacom Group fights to keep majority stake in Safaricom Vodacom acquired the government’s shares through a block trade on the NSE on June 30, the same day it also bought Vodafone’s shares through its investment vehicle Vodafone Kenya Limited (VKL).
PRIME IFAD commits additional Sh7bn to expand Kenya livestock programme The new funding will bring IFAD’s total financing for KeLCoP to about Sh14.2 billion ($110million).