The Trading Room

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...

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...

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...

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...

As at the end of the third quarter of the 2025 financial year, Standard Chartered Bank Kenya Limited announced a profit after tax of KES 9.786 billion, a 38% decline from the KES 15.846 billion...