Diamond Trust Bank Kenya (DTB) has announced a reduction in its base lending rate to make loans more affordable and support customers. In a notice on Thursday, DTB said the Base Rate for variable interest rate Kenya Shilling–denominated credit facilities has been reduced from 13.77% per annum to 13.59% per annum. The revised rate takes […]
The Registrar of Companies has dissolved two firms -the multinational oil and motor care company Caltex House Service Station Limited and Bora Motors Limited. In a gazette notice dated October 31, Deputy Registrar Hiram Gachugi announced that both companies have been struck off the register of companies. “Pursuant to section 897 (4) of the Companies […]
KCB Group Plc has announced plans to acquire a minority stake in Pesapal Limited (Pesapal). KCB Group General Counsel and Company Secretary, Bonnie Okumu, said the Group entered into an agreement with Pesapal on October 31, 2025. “We are delighted to inform our shareholders and the investing public that KCB Group Plc (KCB) has, on […]