Patrick Alushula

Budget airline Skyward Express will start direct flights from Nairobi to Dar es Salaam in November, marking its expansion outside Kenya.

The insurance regulator has hired a law firm owned by Retirement Benefits Authority (RBA) chairman to represent it in a case against businessman

The bank, which is 89.3 percent owned by KDC, a State investment firm, is seeking a consultant to value the bank and then float a rights issue. The other shareholder is TransCentury Limited with a 10.7 percent stake.

The value of cheque transactions fell 15.1 percent to Sh182.25 billion in June, nearly matching the level last recorded in a similar month in 2020, as

Thousands of workers will this month breach the legal requirement that demands they take home at least a third of their salary following a deduction

The government spent Sh415.7 billion or more than half of the cash it borrowed in the financial year ended June 2024 on recurrent expenses such as

The number of Kenyans using satellite Internet has surged since Starlink entered the Kenyan market in July last year.

Safaricom chief executive officer Peter Ndegwa spoke to Business Daily on the telco’s initial feel of Starlink's presence in Kenya.

Safaricom's fibre optic footprint hit 17,000 kilometres at the end of March this year, marking a 21.4 percent growth from 14,000 kilometres in a similar period last year. Residential homes connected to fibre optic networks grew by 34.9 percent to 371,989.

The surge in outstanding loans from Sh974.2 billion to Sh1.197 trillion came in the when period outstanding on-lent loan arrears, which include principal and accrued interest not paid, amounted to Sh266.5 billion.