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Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.

Cooperative Bank and UNDP Bring Banking to Rural Communities
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Cooperative Bank and UNDP Bring Banking to Rural Communities

Cooperative Bank of South Sudan has teamed up with the United Nations Development Programme (UNDP) in one of the country’s most ambitious attempts to modernise rural finance. The partnership is part of the Rural Enterprise and Agricultural…

2 min read
Kenya Secures KSh497 Million Grant For Mau Summit–Malaba Road
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Kenya Secures KSh497 Million Grant For Mau Summit–Malaba Road

Kenya has secured a major boost in its quest to modernize regional transport corridors after the Multilateral Cooperation Center for Development Finance (MCDF) approved a USD 3.15 million (approx. KSh 497 million) grant to support the…

2 min read
Electric Vehicle Mobility Gathers Speed With More Charging Sites
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Electric Vehicle Mobility Gathers Speed With More Charging Sites

ACTOM Kenya, a leading provider of engineered solutions in the energy sector, recently completed an order to supply electrical distribution panels to a newly constructed Electric Vehicle (EV) charging site in Nairobi.

3 min read
Interest income Lifts Family Bank Q3 Profit to Ksh 3.5 Billion
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Interest income Lifts Family Bank Q3 Profit to Ksh 3.5 Billion

Family Bank Group has posted a 56% increase in Profit After Tax to Ksh 3.5 billion for the nine months ended 3oth September, 2025, up from Ksh 2.3 billion in the same period last year. Family Bank Q3 Profit performance was driven by…

2 min read
World Bank Warns Kenya’s Recovery at Risk as Fiscal Pressures Mount
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World Bank Warns Kenya’s Recovery at Risk as Fiscal Pressures Mount

Kenya’s economic rebound is increasingly fragile, according to a new warning from the World Bank. While the country shows signs of recovery, with inflation stabilising, its exchange rate holding firm, and foreign exchange reserves sitting…

3 min read
Standard Chartered Bank Kenya Q3 Net Profit Slumps 38.3% to KSh 9.8Bn
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Standard Chartered Bank Kenya Q3 Net Profit Slumps 38.3% to KSh 9.8Bn

Standard Chartered Bank Kenya(SCBK) Limited, a subsidiary of UK-based Standard Chartered Plc, has posted a significant drop in its Profit After Tax(PAT) to KSh 9.79 Billion in the nine months ending September 2025. This decline is…

3 min read
Kenya’s Digital Boom Faces a Cybercrime Crisis, PS Omollo Warns
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Kenya’s Digital Boom Faces a Cybercrime Crisis, PS Omollo Warns

Kenya’s rapid rise as a global digital powerhouse is now being undermined by an escalating wave of cybercrime targeting citizens, businesses and public institutions, Interior Principal Secretary Dr Raymond Omollo has cautioned. Dr Omollo…

2 min read
Safaricom Launches Ksh15B Green Bond to Support Climate Initiatives
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Safaricom Launches Ksh15B Green Bond to Support Climate Initiatives

Safaricom has launched the first tranche of Fixed Rate Green Notes under its Domestic Medium Term Note Programme, targeting up to Ksh 15 billion, with a Ksh 5 billion greenshoe option. The notes carry a fixed interest rate of 10.40 per…

1 min read
Equity Bank Wins AfriSAFE 2025 Bank of the Year Award
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Equity Bank Wins AfriSAFE 2025 Bank of the Year Award

Equity Bank has been crowned the 2025 AfriSAFE Bank of the Year, securing one of the continent’s highest honours for workplace safety, environmental responsibility, and sustainability. The award was announced in Mombasa during the two-day…

2 min read
NCBA Launches New Offshore Suite for Clients
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NCBA Launches New Offshore Suite for Clients

NCBA Investment Bank has rolled out a sophisticated suite of comprehensive Offshore Investment Solutions that offer its clients an array of professionally-managed investment portfolios, complete with exposure to global markets, currency…

3 min read
Uchumi Get Investors’ Nod Despite Looming Liquidation
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Uchumi Get Investors’ Nod Despite Looming Liquidation

Uchumi Supermarkets is considered one of the top performers at the Nairobi Securities Exchange(NSE), its share price being considered the fastest rising this year. The counter has been on the investors’ radar for the past fortnight and a…

5 min read
Kenyan Appointed Advisor to China’s Economic Powerhouse
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Kenyan Appointed Advisor to China’s Economic Powerhouse

Dr Erick K. Rutto, President of the Kenya National Chamber of Commerce and Industry (KNCCI), has been appointed the International Trade and Investment Advisor for Shandong Province, China.

2 min read
Kenya Power Rolls Out Smart Meter Reading Technology
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Kenya Power Rolls Out Smart Meter Reading Technology

Kenya Power has begun using a new meter-reading technology known as Optical Character Recognition (OCR) as part of a wider effort to modernise its billing systems and reduce errors. The system replaces the traditional method where meter…

2 min read
Consolidated Bank posts Ksh94.7M pre-tax profit in Q3 2025
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Consolidated Bank posts Ksh94.7M pre-tax profit in Q3 2025

Consolidated Bank Group has reported a major financial rebound, posting a profit before tax of Ksh 94.7 million for the nine months ending 30 September 2025. This marks a sharp turnaround from the loss of Ksh 122.4 million recorded during…

2 min read
Safaricom Unveils Four More Millionaires in Ongoing Shangwe @25 Promotion
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Safaricom Unveils Four More Millionaires in Ongoing Shangwe @25 Promotion

Safaricom PLC has introduced four new millionaires under its Shangwe @25 promotion, raising the total number of winners to five since the campaign began two weeks ago. The latest beneficiaries are Josephine Waswa from Bungoma, Bernice Mumo…

3 min read