Finance

Polymarket has removed a betting forum related to a U.S. military rescue mission following political pressure, leading to widespread criticism.

Family Bank has reported a substantial growth in net profit and plans to go public in May 2026, marking a significant milestone for the organization.

The demolition of Gikomba market has left approximately 6,000 traders displaced, following a 30-day eviction notice from authorities.

The Kenya Revenue Authority is intensifying its scrutiny of nil returns, focusing on mobile money transactions to enhance tax compliance.

KeNHA has secured funding from the World Bank for expressway projects in Kenya, marking a significant development in national infrastructure plans.

Kenya's value added tax system is undergoing significant changes, with proposals that could reshape its revenue landscape.

The World Bank has announced a 21-month debarment of PwC for collusive and fraudulent practices linked to the Eastern Electricity Highway Project in Ethiopia.

Equity Bank Rwanda is currently embroiled in a fraud investigation that has led to the detention of 35 suspects and significant financial implications.

Centum Investment Company has completed the sale of its entire remaining interest in Sidian Bank, concluding a 22-year investment journey.