Mwananchi Credit, a Kenyan non-bank financial institution, has initiated a strategic restructuring of its check-off loan department, requiring employees to reapply for positions amid mounting financial pressures. The lender has...

Kenya’s power grid is under mounting strain, with frequent outages disrupting households, businesses, and critical institutions. Reliability indices from the Energy and Petroleum Regulatory Authority (EPRA) reveal systemic failures that...

Intra Africa’s trade ambitions have been boosted with the launch of the Trans-Africa Bond Alliance (TABA) to remove logistical barriers that have long hindered the continent from realizing its vast...

Britam pre-tax profits rose to 52% to Sh7.3 billion for the year ended December 31, 2024, as higher investment income and insurance revenue fueled growth. The diversified financial services firm...

Acorn Investment Management Limited (AIML) has reported a robust financial performance for the year ended December 31, 2024, with net profit soaring nearly threefold to Sh1.4 billion from Sh467 million...

Kenya’s gaming industry is entering a decisive era with the Betting Control and Licensing Board (BC&LB) strengthening its oversight on crash and aviator games. BC&LB, who are the industry regulators...

Recorded music revenues in Sub-Saharan Africa hit a historic high of US$110 million (about Sh14.2 billion), breaking past the US$100 million (about Sh12.9 billion) mark for the first time. The...

Equity Group capped its 2024 financial year with a strong performance, reporting a net profit of Sh48.8 billion, which reflects a 12% increase from the previous year. This growth was...

NCBA Group has reported a Sh21.9 billion net profit for the financial year 2024, marking a 2% year-on-year increase from Sh21.5 billion in 2023. The growth was driven by disciplined...

I&M Group PLC has reported a 25% growth in Profit Before Tax (PBT), amounting to Sh20.8 billion for the financial year ending December 31, 2024. Regional Chief Executive Officer (CEO)...