HomeBusiness

Business

High Court Ruling Against Julius Mwale Fuels Fresh Debate Amid Havi–Judiciary Standoff

A controversial High Court decision involving US-based tycoon Julius Mwale has drawn renewed attention to the escalating public dispute between the Judiciary and former Law Society of Kenya (LSK) president Nelson Havi. In a ruling delivered on February 27, 2025, Justice Freda Mugambi held Mwale...

Safaricom Confirms Sh204bn Stake Sale, Rejects Vodafone Takeover Speculation

In a public notice issued on Thursday, Safaricom confirmed it had received a formal Notice of Intention from Vodafone Kenya to acquire 6,009,814,200 ordinary shares at Sh34 each. The proposed transaction, valued at Sh204.3 billion (USD 1.6 billion), would be one of the largest...

Sh683 Billion Gold Discovered in Kakamega, Paving Way for Kenya’s Largest Underground Mine

British mining company Shanta Gold Limited has announced one of Kenya’s largest-ever gold discoveries, valued at approximately Sh683 billion, in Kakamega County. The discovery, located at the Isulu-Bushiangala underground mining project in Kakamega South Sub-county, marks a significant milestone in the country’s mineral exploration journey. According...

KCB Group Acquires Minority Stake in Pesapal Limited

Kenya Commercial Bank (KCB) Group has officially announced its acquisition of a minority stake in Pesapal Limited, a leading digital payments service provider licensed by the Central Bank of Kenya (CBK). In a public statement dated October 31, 2025, KCB revealed that the move marks...

How to Report a Power Outage to KPLC in Kenya 2025

Experiencing a power outage can be frustrating. Knowing how to report a power outage to KPLC in Kenya ensures a quick resolution. KPLC provides several ways to report outages, making it easy to get help when needed. Ways to Report a Power Outage 1. Use the KPLC USSD...

Mrima Hill: Kenya’s New Front in the Global Race for Rare Earth Minerals

Mrima Hill in Kenya’s Kwale County has become a global hotspot for rare earth minerals, attracting U.S., Chinese, and Australian interest worth $62 billion. Mrima Hill, located on Kenya’s southern coast in Kwale County, has emerged as a focal point in the global race for...