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Business
Safaricom hits record Sh99.7b profit as M-Pesa drives growth
M-Pesa remained the key driver of revenue performance in the period, contributing 59.2 per cent of total revenue growth, expanding its revenue mix to 45.6 per cent.
By Graham Kajilwa
1h ago
KDC Director General Norah Ratemo emphasizes the corporation’s strategic focus on enabling innovation and creative enterprise development as a cornerstone of inclusive economic growth.
By James Wanzala
7h ago
By Xinhua
9h ago
By David Njaaga
10h ago
By Macharia Kamau and David Odongo
17h ago
By Brian Ngugi
17h ago
Just weeks after being exposed as the catalyst for a near-catastrophic fuel shortage that forced Kenya into an emergency oil deal, Gulf Energy Limited is at the centre of a fresh scandal.
By Macharia Kamau and David Odongo
17h ago
Africa’s richest man Aliko Dangote is considering using Kenya as a base to raise fresh capital from African investors for his sprawling industrial empire, including his giant new refinery.
By Brian Ngugi
17h ago
Kenya has cut the country’s economic growth forecast for 2026 to five per cent, citing the Middle East conflict that has driven up oil import costs and destabilised supply chains.
By Macharia Kamau
17h ago
Kenya marked the International Day of Women in Industry by highlighting women entrepreneurs like Doris Obondo and ongoing gaps in access, financing and representation.
By Rachael Kibui
19h ago
Under the agreement, Vodafone will buy out Hong Kong-based CK Hutchison’s 49-per cent stake in the company through a share cancellation.
By AFP
1d ago
The newly released 2026-27 recurrent expenditure estimates show the Ruto administration has prioritised sectors likely to win him votes.
By Brian Ngugi
1d ago
William Ruto’s 2026/27 budget plans heavily prioritise roads, which will take 21% of development spending as he moves to deliver infrastructure pledges ahead of the 2027 elections.
By Graham Kajilwa
2d ago
SBM Bank Kenya has reported a sharp rise in first-quarter profits, signalling strong progress in its turnaround strategy.
By Esther Dianah
2d ago
Kenya’s foreign reserves have fallen sharply as the Central Bank intervenes to stabilise the shilling amid rising oil prices and global uncertainty triggered by the Iran conflict.
By Brian Ngugi
3d ago
A new 0.8% tea export levy in Kenya has sparked industry concerns over legality, implementation challenges, and its potential economic impact on the sector.
By Boniface Gikandi
3d ago
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