Manufacturers in Kenya have raised concerns about shrinking market share due to, among others, unpredictable tax measures making industry uncompetitive, and derogated EAC Common External Tariff (CET) regime, undermining industrialization…
Equity Group Holdings PLC has announced the completion of its acquisition of 66.53 percent stake in the Banque Commerciale Du Congo (BCDC) at a cost of USD 95 Million. The…
Builders, a construction and building materials retailer, has set aside KES 500m to open a commercial hub in Karen, bringing in competition in the expanding construction sector.
DHL Global Forwarding has launched myDHLi, the only fully integrated online platform for freight forwarding customers.
Africa-focused Venture Capital firm, TLCom, today announced it has secured an additional $31M for its TIDE Africa Fund, bringing its Sub Saharan Africa (SSA)-focused fund to $71mn.
With the huge gains made by mobile money, summing up to over Ksh35trillion in transactions in 2017 alone, exorbitant taxation could push the public away from using the platforms
Mobile money service transactions, currently valued at about Kshs 2.1 trillion, is driving the fintech sub-sector in Kenya, promoting financial inclusion
The biggest bank by market capitalisation, Kenya Commercial Bank Group, has finished acquiring National Bank of Kenya (NBK).
Despite a gazette notice by the Central Bank of Kenya (CBK) announcing last May that all citizens should return all Kshs 1,000 notes by September 30th, 7,386,000 of these have…
The Monetary Policy Meeting of the Central Bank of Kenya (CBK) has sought to retain the CBR rate at nine percent, a move that signals that fear lingers about the…