Airtel Money and Absa Bank Kenya have signed a partnership to enhance digital payments solutions, introducing a new service that enables direct transfers from Airtel Money wallets into Absa Bank Kenya accounts, as well as payments to Absa merchant paybill...

Investors at the Nairobi Securities Exchange (NSE) are entering a peak dividend harvest season, with at least 15 listed firms scheduled to issue payouts over the next 90 days. This wave of corporate distributions highlights a broader market trend where...

The Nairobi Securities Exchange (NSE) concluded week 17 in the red, with all major indices posting declines, reversing the bullish performance recorded in the previous week. The Nairobi All Share Index (NASI) declined the most, falling by 0.5% to close...

The World Bank has imposed three binding conditions on Kenya before it can disburse a loan facility worth KES 96.9 billion (approximately USD 750 million). The funding, which is critical to bolstering the states fiscal position, has been blocked pending...

Oil prices rose sharply over the weekend and into Monday, climbing nearly two percent as plans for a second round of peace negotiations between the United States and Iran unraveled once again. By Sunday evening, international benchmark Brent crude futures...

A recent analysis of current lending data reveals that commercial banks are applying premiums ranging from 4.11 percent to 16.57 percent on personal loans before the inclusion of fees and other charges, hence exposing significant disparities in how lenders evaluate...

Kenya’s leading Shariah-compliant lender, Gulf African Bank has announced changes in its shareholding structure following the completion of acquisitions of significant stakes by Soren Investment Company and Auron Holdings. Soren Investment acquired a 42.78% stake in Gulf African Bank from...

The audited financial results for WPP Scangroup PLC for the fiscal year ended December 31, 2025, saw Scangroup’s revenue fall by 16.33%, dropping from KES 2.44 billion in 2024 to KES 2.04 billion in 2025. This decline in growth trickled...

Friday, oil prices experienced an increase amid ongoing tensions in the Middle East, which continue to fuel concerns over energy security. The situation has been exacerbated by the seizure of vessels by both the United States and Iran, while the...

The Central Bank of Kenya (CBK) has invited bids for the re-opening of three long-term fixed coupon treasury bonds to raise a total of KES 80 billion. The proceeds from this auction are earmarked for budgetary support. This move comes...

The Central Bank of Kenya (CBK) Treasury Bills auction received KES 13.38 billion in bids against an offer of KES 24.00 billion, translating to an overall subscription rate of 57.4%, slightly down from 58.3% in the previous week. The 91-day...

The Nairobi Securities Exchange (NSE) closed today’s session in the red despite an increase in trading activity. The bourse’s major indices recorded declines, with the NSE 10 posting the largest drop, falling by 0.91% to 2,161.84 points from 2,181.73 points...