Latest business stories from across Kenya.
Kingdom Bank has been recognized as the 3rd Best Tier 3 Bank for Customer Experience by the Kenya Bankers Association (KBA). The was awarded during the launch of the Banking Industry Customer Satisfaction Report 2024, an event that…
KCB Bank has scooped two top awards in the 2024 Kenya Bankers Association (KBA) Customer Satisfaction Survey.
I&M Bank has reduced its Kenya Shillings loan interest rates further by 2% effective 01/03/2025. This reduction is subject to a customer risk profile. This brings the total reduction in lending interest rates to 2.75% in recent months.…
Equity Bank has announced a reduction in interest rates on all new and existing Kenya Shilling-denominated credit facilities for all loans. The reduction on loans will be effective February 13th, 2025 and from 1st March for existing loans.…
A new report by Old Mutual reveals that 70% of Kenyans saw a decline in their incomes in 2024, with nearly half (47%) of the country’s working population reporting significant stress, including physical and mental health impacts. The…
Poor customer service, high fees, and inconvenient digital banking platforms are the top reasons Kenyans switch banks, according to the 2024 Banking Customer Satisfaction Survey released by the Kenya Bankers Association (KBA).
Jubilee Health Insurance has officially launched J-Force, a digital platform seen to revolutionise insurance intermediation by empowering agents, brokers, and bancassurers with seamless, paperless, and real-time insurance solutions.
Kenya’s Cabinet has approved the 2025 Budget Policy Statement (BPS), setting the stage for a Ksh4.2 trillion budget for the 2025/26 financial year. The budget, which accounts for 22.1% of the country’s GDP, will now be submitted to…
Kenyans should brace for higher sugar and cooking oil prices in February 2025, according to a recent Central Bank of Kenya (CBK) survey. The Agriculture January 2025 Report attributes the projected increase to rising global costs, which…
The Kenya Revenue Authority (KRA) has ramped up its war on corruption, dismissing 19 employees between October and December 2024 for their involvement in graft. This marks a significant rise from the nine dismissals recorded during the…
Britam General Insurance has settled a Ksh. 71,143,016 compensation claim for Limuru Country Club following the fire that razed its clubhouse on January 4, 2025. The fire, which was suspected to have originated from embers escaping the…
Absa Bank Kenya has flagged off a delegation of Absa Business Club members heading to Estonia and Finland for a series of business engagements aimed at unlocking new trade and investment opportunities.
TradeMark Africa (TMA) has appointed Ms. Lillian Mwai Ndegwa as the Country Director for its Kenya Programme, signalling a renewed push to implement its new multi-million-dollar strategy in support of Kenya’s goal of expanding trade.
The Central Bank of Kenya (CBK) has received international recognition for its new banknotes, which feature cutting-edge security measures designed to prevent counterfeiting. In a statement on Tuesday, February 11, 2025, CBK announced that…
Standard Chartered, in partnership with Women Win and Vijana Amani Pamoja (VAP), celebrated the success of the Goal Programme, under the Futuremakers by Standard Chartered initiative. The programme has empowered 90,679 adolescent girls and…
Absa Bank Kenya is taking its Absa Business Club members to Estonia and Finland for a series of business engagements designed to unlock new trade and investment opportunities. The initiative, organised in collaboration with Golden…
Airtel Kenya has announced the launch of Airtel Lite, a new Progressive Web App (PWA) designed to offer a lighter, faster, and more accessible selfcare experience.
The Central Bank of Kenya (CBK) is a proud recipient of a global award for its new-generation notes at the regional forum for secure document technologies, the High Security Printing – Europe, Middle East and Africa (HSP-EMEA) Conference…
OPPO Kenya has responded to allegations from influencers claiming they have not been paid for their work on the Reno12 series campaign. Influencers, including Bernice Nunah and content creator Flaqo, accused OPPO Kenya and influencer…
Real marketing today has reached an amazing place; it has made scopes for both art and science in the modern industry. AI is pushing marketers to change how they work through data analysis and prediction modelling to make smarter…
Technology manufacturer OPPO Kenya has released a statement blaming influencer marketing agency, AIfluence, for delaying payments to influencers who worked on the OPPO Reno12 series campaign. Among the affected influencers are Bernice…
Employed Kenyans are required contribute 1.5% of their gross monthly salary as Housing Levy, with their employers matching the same amount. Self-employed individuals also contribute 1.5% of their gross monthly income. These Housing Levy…
Life in Kenya is full of opportunities, but it’s also important to be prepared for the unexpected. Equity offers a comprehensive range of insurance solutions designed to protect you, your family, and your business. Here are seven essential…
Co-op Bank Group has announced a significant 2% reduction in its Base Lending Rate from 16.5% to 14.5% per annum in line with recent signals by Central Bank of Kenya.
