PRIME Advisers to earn Sh2.3bn in State sale of Safaricom Safaricom raises Sh20bn from corporate bond sale
PRIME Safaricom taps Sh18bn loan for Ethiopia expansion Safaricom has over 10 million active customers in Ethiopia, Africa’s second-most populous market.
PRIME KCB Kenya gets Sh20 billion AfDB financing boost for green projects KCB has been piling funds for lending to projects that prioritise environmental sustainability and high social impact, especially in energy, infrastructure, agriculture, health, and education...
PRIME Amsons eyes electricity production deal after Bamburi, EAPC buyout Africa Power Generation, a subsidiary of Amsons Group dedicated to the power generation sector, is now scouting for deals in the electricity market.
PRIME Court backs sacking of Lipton Teas manager over sexual misconduct Court rules Lipton had valid grounds for the dismissal and that the disciplinary process met legal standards of fairness.
PRIME Kenya mulls shifting smart DLs from NTSA to private investor This is after the NTSA missed the target for issuance of chip-based driving licences (DLs) for the second time in three year.
PRIME Chamber of Commerce picks new boss KK Mutahi has been serving in the role on interim capacity since the ouster of immediate CEO Ahmed Farah on April 17, 2025.
PRIME Regulator raises alarm over Christmas hacking of saccos Sasra noted that digital channels, notably mobile banking, are the most targeted entry points for fraudsters.
PRIME Ketraco to compensate Naivasha land owner Sh29m The dispute concerns 7.655 acres in Kedong area, where Ketraco erected high-voltage transmission lines in 2020.
PRIME DStv active subscribers grow by 43 percent The pay television had 270,017 customers in the review period, according to data from CA, compared to the 188,824 it had in June this year.
PRIME Half of banks snub fresh CBK loans pricing formula for benchmark rate CBK has however left the window for banks to use the CBR as a backup benchmark rate where Kesonia was deemed as impractical.
PRIME Mombasa tycoons win land compensation case against KeNHA, NLC Doshi and Jaffer had argued that the parcels of land were private and did not belong to the respondents or the government of Kenya.
PRIME Vodacom to recoup Safaricom upfront dividend in three years Vodacom disclosed that the dividend payout is being financed through a loan facility from a local bank.
PRIME Kuscco compensation of saccos hits Sh369m with fresh pay The latest payout includes Sh112 million as fixed deposit compensation, which has seen 116 saccos receive between Sh9.23 million and Sh1,680 depending on how much they had invested.
PRIME How Paul Ndung'u lost SportPesa Global ownership suit in London The trader lost a legal bid to reinstate his 17 percent stake in SportPesa Global Holdings Limited after a London court dismissed his claims of unfair prejudice.
PRIME SIB to spend Sh3bn on new Nairobi headquarters SIB has been expanding with the launch of its first regional office in Mombasa earlier in 2025.
PRIME Telkom Kenya gets reprieve in Sh40m Mombasa land rates dispute The court ruled that after the reconciliation and payment in 1999, the property did not accrue arrears and that Telkom continued to pay annual rates as demanded by the defunct municipality each...
PRIME Tribunal upholds KRA’s Sh346m tax claim against IT firm The verdict stemmed from a KRA audit of Jo World Agencies Limited covering 2017 to 2022, during which the authority examined the firm’s filings, bank accounts and financial records.
PRIME Brookside dishes out Sh257m in farmer reward payouts The payout comes barely six months after the processor paid another Sh303 million in bonuses for milk supplied between December 1, 2024, and May 31 this year.
PRIME KTDA factory debts rise to Sh26bn on fiscal blunders KTDA manages 71 tea factories with an estimated 700,000 smallholder farmers across the country, and TBK regulates the tea industry on behalf of the government.
PRIME Starlink regains lost customers in Kenya, but not market share Starlink initially recorded rapid growth after entering the Kenyan market, claiming 0.5 percent market share by September 2024, and doubling it within three months.
PRIME Kalahari takes over EAPC after buying NSSF stake Kalahari has been raising its stake in EAPCC following a separate deal with Swiss multinational Holcim.
PRIME Zuku loses over 24,000 subscribers in internet and pay TV markets Wananchi Group’s subscriber numbers have fluctuated over time amid quality concerns, with customers reporting intermittent and unexplained downtimes, particularly in the fixed internet segment.
PRIME Treasury selling Safaricom shares at 15.4pc discount The National Treasury has stood by its valuation of the company amid contention on pricing from various quarters.
PRIME Credit Bank cleared to auction Upper Hill land in Sh2bn loan row The lender got the nod after the property owners –One Upperhill Towers Ltd— failed to convince the court to suspend the forced sale.
