Business

M-Kopa Emerges as Key Player in Kenya’s Smartphone Market with 20.9% Share

M-Kopa, a leading asset financing firm, has solidified its position in Kenya’s smartphone market by capturing a 20.9 percent market share. The company achieved...

Sanlam Kenya Bounces Back with Record Sh 1 Billion Profit After Four-Year Slump

Sanlam Kenya has marked a major financial turnaround, posting a record Sh1.01 billion net profit for the year ending December 2024. This impressive performance...

Kuscco’s Bold Restructuring Plan Aims to Refund Struggling Saccos

In a bold move to stabilize its financial standing and support struggling credit cooperative societies (Saccos), the Kenya Union of Savings & Credit Co-operatives...

Kenya’s External Debt Shrinks as Shilling Gains Strength

Kenya’s external public debt saw a sharp reduction of Sh1 trillion in local currency terms at the start of 2025, driven by the strengthening...

Mobius Motors resumes operations after middle eastern buyout

Troubled Kenyan car assembler Mobius Motors is set to resume operations following its acquisition by a Middle Eastern investor.The company, founded in 2010 by...

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