(NAIROBI, KENYA) – A fresh petition has been filed at the High Court challenging Philip Mainga’s tenure as Kenya Railways Corporation (KRC) Managing Director, days after another petitioner sought to withdraw a similar case filed in Kisumu in which a judge had issued interim orders barring him from office. TheContinue Reading
(NAIROBI, KENYA) – Prime Bank Group posted a 23.6% rise in net profit for the half year ended June 2026 to KES3.3 billion ($25.4 million / £20 million), driven mainly by lending to the government. The lender, which has a regional presence outside the East African Community, recorded a profitContinue Reading
(NAIROBI, KENYA) – Global cross-border payment platforms are cutting off cash transfer services to Kenya amid increased anti-money laundering scrutiny, with US firm Sendwave and UK-based Wise becoming the latest to restrict Kenyan users. Sendwave stopped wallet services in Kenya from August, citing technical difficulties. Wise has restricted some KenyanContinue Reading
(NAIROBI, KENYA) – Absa Group has failed in its bid to raise its stake in Absa Bank Kenya to as much as 85% through a tender offer worth about $238 million (KES30.8 billion / £187 million). The South African banking group bought 189.38 million shares from minority shareholders out ofContinue Reading
(NAIROBI, KENYA) – Businessman John Ngumi has lost his bid to keep his fight against the Ethics and Anti-Corruption Commission (EACC) out of the specialised anti-corruption court, with the Constitutional and Human Rights Court ruling that the case belongs in that division. The case concerns the EACC investigation into theContinue Reading
(Geneva, Switzerland) – The International Labour Organization (ILO) has called for stronger policies to help young people move from education to decent work amid rising informal employment, gender gaps, skills mismatches and rapid technological change. The call comes as the ILO Global Employment Trends for Youth 2026 report shows globalContinue Reading
(Nairobi, Kenya) – Kenyatta University Teaching, Referral, and Research Hospital (KUTRRH) has expanded specialised services in cancer, renal and cardiac care, showing Kenya’s growing ability to provide advanced medical treatment locally. The development comes as Kenya begins the Beyond 2030 National Conversation at the Kenyatta International Convention Centre, bringing togetherContinue Reading
(Nairobi, Kenya) – Family Bank Limited posted a 59.3% rise in profit before tax to KES4.6 billion ($35.4 million / £27.9 million) for the first half of 2026, up from KES2.9 billion ($22.3 million / £17.6 million) in the same period last year, driven by stronger private sector lending andContinue Reading
(KISII, KENYA) – Kenya’s government has committed to reviving the ageing Nyamache and Itumbe tea factories in Kisii County through replanting of old tea bushes, modernisation of processing equipment and a crackdown on illegal green leaf trading. Principal Secretary for Agriculture Paul Kipronoh Ronoh said the government would back aContinue Reading
(NAIROBI, KENYA) – Kenya faces a maize shortage of 5.4 million bags by the end of September, forcing the government to plan imports of one million 90 kilogramme bags to bridge the gap after drought and disease hit the North Rift grain basket. Samuel Macharia did the arithmetic the wayContinue Reading
