Category: Economy&Finance


  • Food crisis looms if duty-free rice imports is blocked – CS Kagwe

    Kenya faces the risk of a severe rice shortage and soaring food prices if orders blocking the importation of 500,000 metric tonnes of duty-free rice is upheld, Cabinet Secretary for Agriculture Mutahi Kagwe has said. The court is scheduled to give directions tomorrow, August 15, 2025, at 2:30 pm, on whether to lift the conservatory…

  • Safaricom commits Shs15M to 2025 devolution conference in Homa Bay

    Safaricom (NSE: SCOM) has committed Kes.15million towards the 2025 Devolution Conference taking place in Homabay this week. The platinum sponsorship is a demonstration of the company’s commitment to be a digital partner of choice, reinforcing its role in powering digital societies, driving inclusion, and enabling prosperity across Kenya. “The 2025 Devolution Conference offers a timely…

  • I&M Bank unveils “Shinda Millioni” campaign to reward and inspire savers across Kenya

    I&M Bank has officially rolled out the “Shinda Millioni” campaign — a three-month initiative designed to encourage a savings culture by rewarding top saving customers. Launched at the bank’s Ruiru branch at The Nord Mall, the campaign offers both new and existing customers a chance to win weekly and monthly cash prizes by funding and…

  • Little-known billionaire behind Sh2 billion Galleria Shopping Mall

    The Galleria Shopping Mall is located at the junction of Magadi and Langata Road in Nairobi. It houses several stores, including Carrefour, Bata, The Nairobi Hospital, Java, ArtCaffe and KFC, among others. The mall, estimated to be worth Sh2 billion, has approximately 550 parking bays. It also features new developments, including The Galleria Gardens Business…

  • KCB shareholders to pocket Sh4 per share dividend; 2025 half year net profit hits Sh31.5bn

    KCB shareholders are set to pocket Sh4 per share dividend. This was announced on Wednesday August 13, 2025, when the bank released its 2025 half year results. This dividend is made up of Sh2 per share interim dividend and an additional special dividend of Sh2 per share derived from the sale of the National Bank…

  • Marketing Africa invites Kenyans to the 3rd Nairobi Marketers Night 2025 series

    Marketing Africa, the publisher of the MARKETING AFRICA magazine, has invited Kenyans to the 3rd Nairobi Marketers Night 2025 series. The event will be held on Friday, September 5th, 2025, at The Nairobi Hospital Convention Centre, from 3:00 PM. It will bring together marketing professionals who will explore marketing trends and strategies while providing networking…

  • KCB Group PLC posts record H1 2025 earnings, declares historic interim & special dividend

    KCB Group PLC delivered strong financial results in the first half of 2025, driven by growth in earning assets, amid a difficult operating environment. The Group sustained its focus on deepening and leveraging regional scale to catalyse ongoing economic transformation and deliver value to shareholders, customers, and other stakeholders. As a result, the Board of…

  • Co-op Bank H1 profit up 8.3pc to Sh19.7 billion

    The Cooperative Bank of Kenya has reported an 8.3 percent profit growth for the half year ended June 30, 2025. According to the financial results announced on Thursday, the bank reported profit Before Tax of Sh19.7 billion, up from Sh18.2 billion in the same period last year. Profit after tax stood at Sh14.1 billion, representing…

  • Nation Media Group announces Sh41.7 million 2025 half year net loss

    The Nation Media Group has announced Sh41.7 million 2025 half year net loss. This loss after tax was a major improvement from the Sh260.2 million net loss that the media house had recorded in the same period the previous year. During the period under review, the company’s total assets dipped by 1.5 percent to Sh7.4…

  • George Simiyu: Why I prefer Rhino Mabati roofing sheets for my houses

    When the Bizna Kenya team arrived at his home in Limuru, Kiambu County, George Simiyu, a real estate magnate, could be spotted at a distance standing at the edge of a glass balcony, sipping an espresso on a Chilly Saturday evening. “Welcome to my ‘tiny’ space,” he jokingly says as he welcomes us into his…