Nearly 800 households may face resettlement due to the mine’s 337-acre footprint. Local leaders are demanding transparent compensation and consultation.
Kenya, Nigeria, Ghana, and South Africa may reduce policy rates before year-end. Lower rates are expected to support credit growth and stimulate economic activity.
The 35-year legal saga between Standard Chartered Kenya and Manchester Outfitters highlights risks in long-term syndicated loans. The Supreme Court emphasized strict adherence to procedural rules.
The supermarket chain aims to open new outlets in Nairobi suburbs and key second-tier towns, including Nakuru, Kiambu, and Mombasa. CEO Andreas von Paleske says this...
Public-sector debt totalling KSh 664 billion (~US$5.1 billion) is driving higher risk for lenders. Kenya banks impaired loans 2026 could restrict credit expansion and affect profitability.
Banks are preparing for potential volatility by strengthening liquidity and monitoring credit exposure. Kenya Bankers stability elections 2027 highlights the importance of predictable policies and strong...
Equity Group’s net profit for the first nine months of 2025 rose 32% to KSh 54.1 billion (US$360 million). Growth was driven by strong performance at...
SBM Bank Kenya posted a profit of Sh283.4 million ($2.2 million) for the nine months ending September, reversing a Sh1.3 billion ($10.1 million) loss. Strong revenue growth and cost management...
Kenya’s conversion of dollar-denominated loans to Chinese yuan aims to stabilize debt payments amid high U.S. interest rates. The IMF cautioned that reliance on yuan exposes...
The US$3.4 billion investment will fund field development and an export pipeline linking Turkana to Lamu Port. Once complete, it will enable Kenya to export oil...
