KQ pilots lose bid to stop sale of planes National carrier Kenya Airways (KQ) has won a court battle to sell part of its fleet despite protests from pilots who fear the disposal could render them jobless. High Court judge Monicah Mbaru has…

Family Bank gets nod to issue Sh10bn bond in expansion plans Family Bank has received approval to issue a Sh10 billion bond as it seeks to fund its expansion plan. The mid-sized lender targets to issue the first tranche of the bond at the end of…

Rea Vipingo set to delist this month Rea Vipingo is expected to delist at the Nairobi Securities Exchange (NSE) by the end of the month if the industry regulator approves the move. Chairman Richard Robinow says the sisal firm is now awaiting for the go ahead…

Safaricom, KCB shares drop pulls down exchange 11 points Safaricom and KCB Group shares lost value for the second straight session at the Nairobi Securities Exchange Tuesday, helping nudge the market lower 11 points to a new two-and-a-half year low of 4,343. Safaricom dominated trading…