Business

I&M Group has reported a 34 percent jump in pre-tax profit for the first half of 2025, rising to Sh11.7 billion from Sh8.7 billion a year earlier. The lender credited the growth to robust performance across its regional subsidiaries in Rwanda, Tanzania, Uganda, and Mauritius, which jointly contributed 24 percent …

Labh Singh Harnam Singh Limited, one of Kenya’s longest-serving bus body manufacturers, has been placed under administration after the High Court appointed joint administrators to take control of the company’s operations. Click here to join our WhatsApp Channel In a gazette notice issued on August 13, 2025, Ponangipalli Venkata Ramana …

Jumia, one of Africa’s leading e-commerce platforms, offers businesses and individuals an opportunity to reach millions of online shoppers. Whether you’re selling electronics, fashion, home goods, beauty products, or fresh produce, joining Jumia as a seller can boost your visibility and sales. Click here to join our WhatsApp Channel Here’s …

The government plans to set up designated resting areas for lorries along major highways and widen road sections at high-risk blackspots as part of efforts to reduce road accidents. Click here to join our WhatsApp Channel Transport Cabinet Secretary Davis Chirchir said the ministry will use telematics to track truck …

The Energy and Petroleum Regulatory Authority (EPRA) has reduced the pump prices of Super Petrol and Kerosene by Ksh.1 per litre, while leaving Diesel prices unchanged. Click here to join our WhatsApp Channel EPRA Director General Daniel Kiptoo announced on Thursday that the new prices will be in effect from …

Kenya Airways (KQ) is looking to expand its fleet by 16 aircraft, increasing its capacity from the current 34 to 50 planes as part of a strategy to enhance both regional and international competitiveness. Click here to join our WhatsApp Channel CEO Allan Kilavuka said the expansion is key to …

Kilimall is one of East Africa’s largest online marketplaces, connecting sellers to millions of customers in Kenya and beyond. If you own a business, run a shop, or are looking to start selling products online, Kilimall offers a convenient and cost-effective way to reach a wider audience. Here’s everything you …

Absa Bank Kenya has posted a net profit of Sh11.7 billion for the first half of the year, marking a 9 percent rise from Sh10.7 billion recorded in the same period in 2024. Click here to join our WhatsApp Channel The bank credited the growth to a 26.5 percent return …

The government is set to commence the construction of a Sh35 billion dam at the Galana Kulalu Irrigation Project, a move expected to significantly boost Kenya’s food security. Click here to join our WhatsApp Channel Treasury Principal Secretary Chris Kiptoo announced on Friday that a contractor has already been identified …

KCB Bank has signed agreements with 29 public and private universities to provide customised financing and digital services aimed at enhancing infrastructure, operations, and financial access for staff, students, and suppliers. Click here to join our WhatsApp Channel The deal includes project financing, working capital, and digital payment systems for …