Safaricom has reported a profit of KSh 42.8 billion in its half-year financial results for 2025. While releasing the results, Safaricom CEO Peter Ndegwa said Safaricom Kenya achieved KSh194 billion in service revenue. This is an increase of 9.3% compared to the same period in 2024. Ndegwa said Earnings before interest and taxes (EBIT) grew
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
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