PRIME Entry of battery-swap company brings more EV makers to Kenya Kenya is one of Africa’s leading electric vehicle markets, with about 39,324 EVs already on its roads, most of them two-wheelers.
PRIME Global logistics giant DP World caught in name war in Kenya DP World Logistics Clearing and Forwarding Kenya was initially incorporated as International Healthcare Distributors (EA) Limited before its name was changed to the current name on December 10...
PRIME StanChart eyes Nakumatt income over Sh1.9bn debt StanChart's court filings show that the bank also holds security connected to Creative Enterprises Limited, including a charge over LR No. 209/4062 in Nairobi.
PRIME Mworia leaves Centum after 18 years, takes up new public job Mr Mworia’s appointment comes two months after Treasury Cabinet Secretary John Mbadi appointed him to a six-member NIF board.
PRIME KenGen cuts dividend as it invests Sh1.9bn in equipment The dividend cut comes at a time KenGen’s net profit marginally fell to Sh10.35 billion from Sh10.48 billion a year ago as the firm tapped its cash-generating investment assets to beef up its...
PRIME JJ Kamotho’s two children declared bankrupt in legal fees row Under Section 17 of the Insolvency Act, a debtor is presumed unable to pay a debt if they fail to comply with a statutory demand after it has been properly served.
PRIME Investor frenzy for luxury hotels in Nairobi’s upmarket Gigiri The developments are driven by Gigiri’s position as Nairobi’s diplomatic and international organisations hub.
PRIME Royal Mabati, Vintage Mabati fight over trademarks, designs Royal Mabati accuses its four former consultants of using knowledge gained while working with the company to run a rival business.
PRIME Puzzle of Airtel’s licence status as CA issues new notice The CA’s latest disclosures show that the telco seeks Network Facilities Provider Tier 1 (NFPT1) and International Gateway Systems and Services (IGSS).
PRIME Bank of Baroda, borrower fight for control of industrial park The latest phase of the dispute followed the appointment of joint administrators on August 10, 2026, with Infinity subsequently obtaining interim orders that resulted in the administrators...
PRIME Bitter Tata-government fights scuttle Sh3.6bn Magadi expansion Tata is fighting to protect its century-old operation, while the government wants Kenya to get more value from the resource.
PRIME Court faults AG for clearing Mary Wambui-linked fibre tender Court says determining the conflict-of-interest question falls within the mandate of the EACC.
PRIME How irrigation project landed contractor in Sh1.3bn tax fight Jilk argued that the National Irrigation Authority, which had taken over the functions of the National Irrigation Board, wrongly withheld VAT on payments for the project, creating what it...
PRIME James Mwangi’s stake hits Sh13.4bn as Equity share price rises Equity is among the banking stocks that have delivered some of the strongest gains on the NSE this year as investors react to higher earnings and dividends by the country's listed blue-chip firms.
PRIME Intrigues in KQ investor hunt as Kamal departs KQ has been searching for a strategic investor for years, with the latest push coming as the airline grapples with mounting financial pressures and negative equity.
PRIME Bank loan defaults dip Sh40bn on lower rates The decline in bad loans came as CBK eased its monetary policy stance, cutting the Central Bank Rate (CBR) to 8.75 percent at the end of June, from 10.75 percent in 2025.
PRIME Standard Bank eyes bigger East Africa business The bank aims to grow in the region by increasing internal business rather than through mergers and acquisitions.
PRIME NCBA cleared to repossess equipment from Mediheal Hospital The court found that Mediheal had acknowledged receipt of the equipment in good order and held it as a bailee, with a contractual right to use the machines.
PRIME Safaricom in early payment of Sh46bn dividend Safaricom has previously paid dividends ahead of schedule, including in 2024, as it shifted from cheque payments to electronic transfers through bank accounts, Real-Time Gross Settlement (RTGS)...
PRIME Absa and Co-op lead as banks double down on bancassurance Bancassurance is a strategic partnership between banks and insurance firms that enables insurers to market and sell their products through banks’ customer networks.
PRIME Java ex-employee loses Sh10m case over use of his photo The dispute began with a workplace photograph taken while Mr Gatira was employed as a steward at Java House, a job he held from January 2015 until his summary dismissal in July 2021.
PRIME What Kuscco liquidation means for saccos, creditors For Kuscco, the process effectively marks the end of the organisation as it currently exists.
PRIME Kuscco liquidation vote costs saccos Sh11bn The liquidation decision marks the end of Kuscco as the principal umbrella organisation representing the country’s saccos.
PRIME Stanbic Bank to refund client targeted by account hijacker Evidence showed that James Njoroge was robbed on July 13, 2025, and lost his mobile phone, identity card and other personal documents.
PRIME Central Bank approves Nedbank buyout of NCBA Group NCBA has physical operations in Kenya, Uganda, Tanzania and Rwanda and digital presence in Ivory Coast and Ghana.
