Kenyan Banks contributed a total of KES194.81 billion to the National Treasury in the year ended 31 December 2024, according ...
HF Group is well-positioned to consolidate its Tier II status and emerge as a more competitive force in Kenya’s banking ...
Safaricom has today announced a KES 1 million sponsorship towards the 2025 Sports Personality of the Year Awards (SOYA) which ...
Historically, HF Group was synonymous with mortgage lending. However, over the past five years, the Group has undergone a successful ...
Dr. James Mwangi elaborated on how Equity collaborates with various entities to train and empower entrepreneurs.
HF Group Plc has continued to demonstrate the success of its transformation strategy with an impressive 105% surge in profit ...
Uber and Safaricom Plc have today launched a partnership that will see riders across Kenya pay for trips through M-PESA.
KCB Group CEO, Paul Russo said this platform will guarantee speed, affordability, and reliability of transactions, effectively boosting intra-African trade ...
Safaricom Telecommunications Ethiopia added close to 3 million customers and built a distributor network of over 114 outlets
This will see KCB Insurance Limited and NBIL distribute life insurance products, underwritten by Sanlam. The partners have also rolled ...
According to Kenya National Bureau of Statistics (KNBS) Kenya's annual inflation rate for November 2025 was to 4.5% from 4.6% in October. According to data by the Kenya National Bureau...
Read moreDetailsFrench development finance institution Proparco has acquired an equity stake in Meridiam's 100MW Kipeto wind farm in Kenya, a transaction...
According to Kenya National Bureau of Statistics (KNBS) Kenya's annual inflation rate for November 2025 was to 4.5% from 4.6% in October. According to data by the Kenya National Bureau of Statistics and NCBA Research, the Consumer Price Index (CPI)...
The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) reading for November 2025 was 55.0, the highest level in just over five years, and up from 52.5 recorded in October 2025 on account of business growth, increased output, and a general...
Oil prices edge higher on Thursday due to geopolitical tensions and stalled diplomatic negotiations, though persistent concerns over oversupply and weak demand capped significant gains. The uptick followed Ukrainian military strikes on Russian oil infrastructure, including the Druzhba pipeline, which...
The Kenya Electricity Generating Company (KenGen) (NSE: KEGN) was on 1st December 2025, officially named as the owner and operator of Kenya's first nuclear power plant. This moves KenGen to the forefront in a critical shift in the national energy...
Electricity supplier Kenya Power and Lighting Company (KPLC) has announced the transition of manual electricity connection applications to a fully digital system, a move aimed at improving operational efficiency, enhancing customer experience, and ensuring faster processing of new electricity applications....
On December 2, 2025, the volume of shares traded at the Nairobi Securities Exchange (NSE) declined by 55% to 11.1 million shares, with equity turnover falling 46.8% to KES 281.6 million. Out of 57 listed equities, 22 recorded gains while...
Paramount Bank Kenya has exceeded the Central Bank of Kenya’s (CBK) minimum core capital requirement of KES 3 billion by December 2025 on the back of a successful rights issue that raised KES 332 million from existing shareholders. According to...
M-Kopa, a prominent asset financing company, has initiated a significant export operation, now dispatching 15,000 locally assembled mobile phones to Uganda on a monthly basis. This export volume constitutes 10% of the company's total monthly production of 150,000 devices, which...
Paris-based development finance institution Proparco has completed an investment in Africa’s leading electric bus mobility company, BasiGo, a move that is set to accelerate the adoption of electric buses in East Africa. The Nairobi-based e-mobility company has deployed over 100...
Nairobi Business Ventures PLC (NBV) has announced its financial results for the six-month period ended 30th September 2025, reflecting a challenging operating environment that impacted overall performance. The Group recorded a net profit of KES 78.28 million, representing a decline...
In a significant move within the Kenyan financial sector, the United Bank of Africa (UBA) has announced a substantial reduction of its lending rates by three percentage points. This strategic decision, which places considerable pressure on other commercial lenders, coincides...
Banks listed on the Nairobi Securities Exchange (NSE) have posted a robust performance, with nearly half of the commercial lenders recording year-to-date gains of more than 40%, reflecting increased investor confidence, strong profitability, and improved economic sentiment. The impressive upturn...
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