High Court Stops Government Safaricom Shares Sale
Safaricom was among the companies identified for partial divestiture, with the government seeking to sell a portion of its 35 per cent holding.
Category: Business
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NCBA urges Kenyans abroad to turn remittances into long-term investments
NCBA’s Steven Ochieng with Kenyan Athletics Legend Kipchoge Keino in the United Kingdom. NCBA Bank has stepped up efforts to help Kenyans living abroad turn money sent home into long-term investments, wealth and financial security. The bank deepened its engagement with Kenyans living and working in the United Kingdom following a multi-city diaspora tour that…
Fairmont Mount Kenya Safari Club named Africa’s Leading Hotel for fifth consecutive year
Fairmont Mount Kenya Safari Club has been named Africa’s Leading Hotel 2026 at the 33rd Annual World Travel Awards Africa Gala Ceremony held on August 28, 2026, at Diamonds Bijoux in Zanzibar, Tanzania. The recognition marks the hotel’s fifth consecutive win since 2022, reaffirming its position among Africa’s leading luxury hospitality destinations. Set beneath Mount…
Election 2027: Stakeholders Sound Alarm Over Institutional Trust and IEBC Preparedness
Religious leaders and human rights organisations have warned that political interference and declining public trust in Kenya’s independent institutions could undermine the credibility of the 2027 General Election, urging urgent action to address the concerns before campaigns begin. At the centre of the concerns was the Independent Electoral and Boundaries Commission (IEBC), with stakeholders questioning…
Beyond the Ballot: Religious Leaders Challenge Kenyans to Protect Peace Ahead of 2027
As Kenya heads towards the 2027 General Election, religious leaders have challenged citizens to reject the politics of division and protect the country’s peace, warning that the responsibility for credible polls cannot be left to electoral institutions alone. Speaking during the closing session of a National Stakeholders’ Convention, Itaka Momwe, representing the Kenya Conference of…
NBK posts 61% rise in half-year profit to Ksh1.72 billion
An image of National Bank of Kenya ./Photo courtesy of National Bank National Bank of Kenya (NBK) has recorded a 61 per cent increase in profit after tax to Ksh1.72 billion for the six months ended June 30, 2026, up from KSh1.07 billion posted during a similar period last year. The bank, which is wholly…
Equity Group posts 32pc rise in half-year profit to Ksh45.5 billion
From L-R: EquityBCDC Managing Director, Willy Mulamba, Equity Group Managing Director and CEO, Dr. James Mwangi, Equity Bank Kenya Managing Director, Moses Nyabanda, and Equity Bank Rwanda Managing Director, Hannington Namara, during the H1 2026 Investor Briefing. Equity Group Holdings has reported a 32 per cent increase in profit after tax to Ksh45.5 billion for…
Kenya Airways flights delayed at JKIA as air traffic control challenges persist
Kenya Airways has warned passengers of continued flight delays at Jomo Kenyatta International Airport (JKIA) following ongoing air traffic control challenges affecting flights into and out of the country’s main aviation hub. In an update issued on Sunday, the national carrier said only 30 per cent of its scheduled flights had departed by 2pm, with…
Qatar Airways hits 150 Starlink-equipped aircraft milestone with first Boeing 787-9
Qatar Airways has reached a major milestone in its in-flight connectivity programme after becoming the first airline globally to operate a Starlink-equipped Boeing 787-9, taking the number of its Starlink-equipped widebody aircraft to 150. The airline said the achievement follows the completion of Starlink installation across its Boeing 787-8 sub-fleet in seven months, with more…
Tobacco Bill Could Trigger Illicit Trade Boom, Traders Warn MPs
BAHLITA representative led by the secretary general, Bonface Gachoka(center) addressing the media today. A proposed overhaul of Kenya’s tobacco control laws could have the opposite effect of what Parliament intends, with traders warning that additional licences and compliance requirements could drive legitimate businesses underground and fuel the illicit market. The Bar, Hotels and Restaurants Association…