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How Kenyan bank customers lost KES1.6 billion to hackers in a year

Hackers drained Sh1.59 billion from Kenyan banks last year, exploiting the very technology that has made banking more convenient. According to the Central Bank...

Kenya’s booming housing market ranks above global property giants – report

Kenya’s housing market is now one of the strongest in the world, delivering better investment returns than any other major property market, according to...

Why Diageo is pulling out of EABL in Kenya and Uganda, edging towards an exit from the African market

Diageo, the British multinational behind Guinness, Johnnie Walker, and Tanqueray, is preparing to offload its controlling 65 percent stake in East African Breweries Limited...

M-TIBA receives Blue Company certification, strengthening integrity and trust in Kenya’s health insurance sector

M-TIBA, Kenya’s leading health insurance technology platform, has been awarded Blue Company Certification, becoming the latest firm to join a growing network of organisations...

Why the number of Kenyan dollar millionaires is dropping

Kenya has shed 400 dollar millionaires in just 18 months as wealthy individuals shifted assets abroad, spooked by a slowing economy, last year’s deadly...

HF Group posts Kes 703 million pre-tax profit for HY2025, recording a 148% year-on-year growth

Performance Highlights ·      The Group PBT profit up by 148%, reaching KES 703 million, up from KES 283 million in HY 2024. ·      53% growth in net interest...

Kenya turns to Japan for cheaper loan amid dollar volatility, costly Eurobond market

Kenya has secured a yen-denominated loan guaranteed by Japan’s Nippon Export and Investment Insurance (NEXI), a move that underscores the country’s strategy to shield...

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