A digital lender, Azura Credit Limited, has been ordered to pay Sh250,000 to a man it harassed over a loan he purportedly guaranteed on behalf of a borrower. A loan guarantor is a third party who ...

Financial services and ICT sectors continued to control more than half of corporate income taxes (CIT) paid to the Kenya Revenue Authority (KRA) last financial year ended June, pointing to relatively ...

The National Youth Service (NYS) has formally adopted a new command and rank structure akin to that of security agencies, as it plans to enlist its recruits in operations to defend the country when ...

SMEP closed the year with Sh3.89 billion in total assets and a capital base of Sh1.05 billion alongside 47,437 deposit accounts and 20,387 loan accounts. SMEP Microfinance Bank Limited has grown to ...

MPs and former lawmakers top the list of Saccos loan defaults that crossed the Sh60 billion mark as one of Kenya’s wealthiest cooperative society struggles under the weight of unpaid loans. Data from ...

President William Ruto has backed US billionaire Elon Musk’s Starlink’s entry into Kenya amid a petition from Safaricom to reconsider the award of licences to satellite Internet providers. Dr Ruto ...

Egypt and Ethiopia have escalated their age-old feud over the Nile into an arms race in Somalia that is now likely to affect the neighbours' cooperation in the fight against terrorism. Somalia has ...

The Digital 2024 report for Kenya showed that the potential audience that Kenyan marketers could reach with ads on X has decreased by 26,000 or 1.4 per cent. A record 26 percent of marketers worldwide ...

Today, social media is a significant part of Kenyans’ lives, with more than half of the adult population using at least one platform and spending over three hours on a day on it. However, many are ...

Currently, 92 percent of African gamers play on mobile devices, and many spend more than three hours daily on games. The global gaming industry is one of the fastest-growing sectors, projected to ...

Six savings and credit co-operatives (Saccos), including the once giant Metropolitan National, are to have their licences revoked by the industry regulator for failing to meet minimum capital ...

Kenya has raised the application fees for large-scale miners and prospectors ninefold and recruited more inspectors in a bid to keep away speculators and free up space for big-ticket investors.