With its core capital at just Sh1.36 billion — less than half the legal minimum — Credit Bank faces existential reckoning as the regulator signals no forbearance and a harder Sh5 billion wall looms by year-end.

NAIROBI, June 11 (Reuters) - A South Sudanese whistleblower...

The government has announced that the second tranche disbursement...

As the Nyachae-linked lender drowns in a Sh1.64 billion core capital hole, new disclosures reveal it lent more money to its own insiders than the entirety of its regulatory capital base — a governance failure that helps explain why the bank cannot raise the money it needs.

Bloomberg reported that the Chinese contractor will undertake key expansion works at JKIA, including improvements aimed at easing congestion, boosting passenger handling capacity and strengthening Nairobi’s position as East Africa’s leading aviation gateway.

Investing in SpaceX has become a growing interest among...

NAIROBI — What began as an alleged insider theft...