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PS Wagunda explained that the valuation, captured as of June 30, 2025, is part of a broader exercise to align asset records across government institutions. He noted that most of the assets are held by state corporations, which remain central to the government’s investment framework.
Ndugwa succeeds Mohit Kapoor, who concludes his tenure after steering the company through a critical phase of stabilisation and growth.
She emphasizes tracking expenses, prioritizing savings, and creating disciplined budgets. Gatumia says many people unknowingly waste money on small daily costs, urging a shift toward mindful financial management to secure long-term stability.
In a Radio Generation interview on Thursday, he emphasised the need for financial literacy, disciplined saving, and responsible borrowing, describing debt as a good servant, but a terrible master when misused.
In a statement shared on its official X platform, the tax agency said taxpayers no longer need to go through lengthy logins or download new apps to complete their returns. “No new apps. No extra steps. Just open WhatsApp and get it done,” the authority said.
Speaking on Radio Generation on Tuesday, Karibe said the closure of the airspace as a result of the Middle East conflict has dealt a big blow to the hospitality industry.
The firm also planned to expand its employee share ownership plan from 2% to 5%. Both moves are non-dilutive and subject to regulatory, court, and shareholder approvals.
The lender also recorded solid balance sheet expansion, with total assets growing 23.8% to Sh208.69 billion and customer deposits rising 19.9% to Sh151.88 billion.
The regulator also ordered exporters to submit a list of their duly registered Horticultural Produce Marketing Agents (HPMA) or suppliers by March 30, as part of efforts to streamline traceability and compliance within the sector.
The decline came even as digital channels continue to play a key role in marketing, with companies maintaining presence across online news platforms, video-sharing sites such as YouTube, and social media networks including Facebook. Advertisers still rely on these platforms to reach audiences, though at a reduced overall budget.
This clarification comes after public reaction to earlier communication that indicated all phones sold in Kenya would be required to adopt USB Type-C charging, raising concerns that older or lower-priced phones could be phased out or become unusable.
A new report shows Diamond Trust Bank investors gained 52.61% nominally over 2015–2025, but 73.77% inflation turned this into a -12.17% real loss, making dividends the main source of returns.
Skyward Airlines will introduce a fuel surcharge on all tickets from April 1, 2026, citing rising global fuel costs and import dependence, meaning passengers should expect modest fare increases.
, CS Oparanya revealed that a thorough review of the sector found that only Sh6.2 billion of the claimed debts is legitimate and qualifies for payment.
The tools can now generate designs, write code, build interfaces and create presentations from prompts, reducing the need for multiple teams and tools and allowing companies to move from idea to product much faster than before.
CEO, Kihara Maina said the bank is targeting higher loan growth, increased regional profit contribution and continued investment in wealth management and bancassurance businesses.
Policy analyst Leonard Khafafa warns Kenya Airways needs at least $2bn in fresh capital after posting a Sh17.2bn loss, citing thin aviation margins and rivals’ heavy state support.
In a statement issued on Tuesday, KRA said the maintenance will start on Saturday, April 4, 2026, at 6 pm and continue until Monday, April 6, 2026, at am. During this period, all operations that depend on iCMS for customs clearance will be suspended.
EPRA also tested fuel at retail outlets, taking 10,598 samples from 2,305 stations across the country.
The airline said its performance was heavily affected by temporary grounding of part of its fleet.
The Communications Authority of Kenya has issued updated technical specifications for mobile phones, setting safety and quality standards for all devices sold and used in the country.
Total operating income grew 13.6% to Sh46.69 billion, while profit before tax increased 20.5% to Sh13.40 billion, compared with a 24.2% rise to Sh11.2 billion in 2024. The performance highlights a stronger earnings trend after a year of modest growth.
Terafab, a manufacturing facility based near Austin, Texas, intends to bring logic, memory and advanced packaging under one roof.
Under the proposal, businesses importing gadgets for commercial use would pay Sh15,000 per permit, while individuals bringing in devices for personal use would be charged Sh5,000. Importers currently apply for these permits through an online platform known as TradeNet, where permits are processed and issued without any cost.
A large portion of the payout will go to the co-operative movement, which has about 15 million members. The bank said the sector will receive about Sh9.47 billion, highlighting its close link with co-operative societies.
Under the new system, customers making peer-to-peer (P2P) transactions will no longer view full phone numbers in transaction notifications. Instead, numbers will appear in a masked format, such as 0722***000, helping to shield users from exposure.
The sanctions target PwC offices in Kenya, Rwanda, and Mauritius over their involvement in the Eastern Electricity Highway Project in Ethiopia, a Sh149.8 billion programme designed to connect Ethiopia’s power grid with Kenya, reduce electricity costs, and allow Ethiopia to earn revenue through power exports.
According to the Kenya National Bureau of Statistics, the value of vegetable exports dropped to Sh16.1 billion in 2025, down 31.3 percent from Sh23.4 billion in 2024. This continues a downward trend that began after a record high of Sh50.9 billion in 2023, marking a 68.35 percent fall over two years.
Standard Chartered Bank Kenya reported Sh12.4bn profit after tax for 2025 and a record 95% dividend payout, as assets under management rose 29% to Sh302bn despite lower operating income.
Equity Group reported a record Sh75.5bn FY2025 profit, up 55%, driven by regional subsidiaries and digital channels, and proposed a Sh5.75 dividend per share as its pan-African strategy deepens.