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Zenith Bank enters Kenyan market with acquisition of Paramount Bank
HapaKenyaBusiness

Zenith Bank enters Kenyan market with acquisition of Paramount Bank

Zenith Bank Plc has officially completed its acquisition of Paramount Bank Kenya Limited. The deal, which has received full regulatory approval from authorities in both Nigeria and Kenya, sees Zenith Bank taking 100% ownership of the…

2 min read
Absa Bank invests Ksh. 35M in the 2026 Kip Keino Classic
HapaKenyaNews

Absa Bank invests Ksh. 35M in the 2026 Kip Keino Classic

Absa Bank Kenya has officially renewed its title sponsorship for the 2026 edition of the World Athletics Continental Gold Tour race, injecting Ksh. 35 million into the event scheduled for Friday, April 24, 2026, at the Nyayo National…

2 min read
Java House opens new outlet in Syokimau
HapaKenyaBusiness

Java House opens new outlet in Syokimau

The local dining scene reached a major milestone this month with the official opening of Java House’s 105th branch at Trafford Park, Syokimau. The launch for new outlet was held on April 2, 2026. Situated at the gateway of Syokimau, the…

2 min read
Bamburi Cement appoints industry veteran Geoffrey Ndugwa as new CEO
HapaKenyaBusiness

Bamburi Cement appoints industry veteran Geoffrey Ndugwa as new CEO

Bamburi Cement Plc, a leading provider of cement and concrete solutions in the region, has officially announced the appointment of Geoffrey Ndugwa as its new Chief Executive Officer, effective April 1, 2026. Ndugwa succeeds Mohit Kapoor,…

2 min read
Kenya’s data regulator launches probe into Ray-Ban Meta glasses
HapaKenyaBusiness

Kenya’s data regulator launches probe into Ray-Ban Meta glasses

The Office of the Data Protection Commissioner (ODPC) has officially launched a suo moto investigation into the privacy implications of Ray-Ban Meta smart glasses. The decision follows a formal petition by The Oversight Lab, a digital…

2 min read
NCBA Group hits record Ksh. 23.4B net profit for FY 2025
HapaKenyaBusiness

NCBA Group hits record Ksh. 23.4B net profit for FY 2025

NCBA Group PLC has announced that it has reported a record net profit of Ksh. 23.4 billion for the 2025 financial year. This is a 7% increase from Ksh. 21.9 billion the company reported in the same period in 2024. The 7% year-on-year…

2 min read
I&M Group Records 24% Surge in Net Profit to KES 19.8 Billion
HapaKenyaBusiness

I&M Group Records 24% Surge in Net Profit to KES 19.8 Billion

I&M Group PLC has posted a Profit After Tax (PAT) of Ksh. 19.8 billion for the financial year ended December 31, 2025. This is a 24% increase from the Ksh. 16.7 billion that the company posted in a similar period in 2024. This bottom-line…

2 min read
High Court bans the recycling of mobile phone numbers by Telcos
HapaKenyaGovernment

High Court bans the recycling of mobile phone numbers by Telcos

The High Court has issued a landmark judgment regarding the lifecycle of mobile telephone numbers. The court ruled that a registered mobile phone number is not merely a telecommunications tool but a protected digital identifier that links…

2 min read
Old Mutual Holdings reports Ksh. 856M net profit for FY 2025
HapaKenyaBusiness

Old Mutual Holdings reports Ksh. 856M net profit for FY 2025

Old Mutual Holdings PLC has announced a resilient financial performance for the year ended December 31, 2025, posting a profit after tax of Ksh. 856 million. This is a 2% increase from the Ksh. 838 million recorded in 2024 comes despite a…

2 min read
CBK announces results of 15 year treasury bond switch auction
HapaKenyaGovernment

CBK announces results of 15 year treasury bond switch auction

The Central Bank of Kenya (CBK) has released the results for the auction of Treasury Bond Issue No. FXD3/2019/015, conducted as a Switch Auction. This financial maneuver allowed investors to transition from older source securities into a…

1 min read
GIZ is offering green loans for women entrepreneurs in Kenya
HapaKenyaBusiness

GIZ is offering green loans for women entrepreneurs in Kenya

GIZ Uganda, in partnership with the IYBA WE4A Project and Melanin Kapital, has announced a new initiative to provide green financing for women entrepreneurs across the African continent. This collaboration aims to bolster businesses…

1 min read
AfrexInsure enters appoints Lesley Ndlovu as new CEO
HapaKenyaBusiness

AfrexInsure enters appoints Lesley Ndlovu as new CEO

AfrexInsure, the specialty insurance subsidiary of the African Export-Import Bank (Afreximbank), has officially appointed Lesley Ndlovu as its new Chief Executive Officer. Ndlovu, a Zimbabwean national with extensive experience in global…

2 min read
EIB Global injects €40 Million into Speedinvest to fuel African tech
HapaKenyaBusiness

EIB Global injects €40 Million into Speedinvest to fuel African tech

In a move that signals a strengthening of digital and economic ties between Europe and Africa, EIB Global has announced a €40 million commitment to Speedinvest’s first dedicated Africa-focused investment vehicle. The investment aims to…

2 min read