Business & Economy4 stories from 2 sources
Copia faces insolvency petition over unpaid debts - May 2026
Kenyan e-commerce firm Copia Kenya is facing an insolvency petition at the High Court concerning unpaid debts, adding to challenges in Kenya's retail sector. This follows a significant profit surge at Car & General, which reported a fourfold jump in net profit to Sh2.4 billion for the year ended December 2025, driven by robust consumer segment sales. Family Bank founder Titus Muya received Sh128.63 million in board pay for the same period. In a separate legal development, digital lender Branch International Limited won a High Court case securing the right to deduct Sh796.7 million in loan write-offs from its tax assessment against the Kenya Revenue Authority.
CCapital BusinessNNation BusinessFirst
News Coverage
Tuesday 4:22 PMCapital Business
Car & General profit jumps over fourfold to Sh2.4bn
Monday 8:58 PMNation BusinessFirst
Digital lender wins in Sh796m tax deduction case against KRA
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