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KCB Bank receives Ksh. 12.9B from EBRD to loan to SMEs in Kenya
HapaKenyaBusiness

KCB Bank receives Ksh. 12.9B from EBRD to loan to SMEs in Kenya

KCB Bank Kenya has secured a US$100 million (Ksh. 12.9 billion) financing facility from the European Bank for Reconstruction and Development (EBRD) to expand credit access for micro, small, and medium enterprises (MSMEs) across the…

2 min read
How Absa Bank Kenya mobilized Ksh. 204B+ in green financing in 3 years
HapaKenyaBusiness

How Absa Bank Kenya mobilized Ksh. 204B+ in green financing in 3 years

Absa Bank Kenya has announced that it has advanced over Ksh. 204 billion in sustainable finance between 2022 and 2025. The milestone, detailed in the newly unveiled Absa Bank Kenya PLC 2025 Sustainability and Climate Report, cements the…

2 min read
How economic stagnation fuels state violence in Kenya
HapaKenyaLifestyle

How economic stagnation fuels state violence in Kenya

When a state fails to build a productive economy capable of sustaining its people, it creates its own greatest threat: a massive pool of young, educated, and economically disenfranchised citizens. In Kenya, this demographic reality has…

2 min read
Inside KRA’s unexplained four days eTIMS meltdown
HapaKenyaBusiness

Inside KRA’s unexplained four days eTIMS meltdown

What was originally scheduled as a routine 20-hour system upgrade turned into a prolonged four-day digital blackout for Kenya’s business community before services were quietly restored, leaving taxpayers and business owners in the dark…

2 min read
Why Standard Chartered Bank constant outages are failing customers
HapaKenyaBusiness

Why Standard Chartered Bank constant outages are failing customers

When Standard Chartered Bank Kenya presented its full-year financial results in 2024, leadership showcased a 15% growth in Profit Before Tax to Ksh. 19.7 billion, alongside a 32% jump in net interest income. To hear executives tell it,…

2 min read
Safaricom initiates automated refunds for old M-PESA balances
HapaKenyaBusiness

Safaricom initiates automated refunds for old M-PESA balances

Safaricom has begun automatically transferring funds from archived, inactive M-PESA accounts back to their rightful owners. The move addresses funds left in mobile wallets associated with SIM cards that became dormant or were deactivated…

1 min read
SBM Bank Kenya posts Ksh. 202.04 Million net profit in H1 2026
HapaKenyaBusiness

SBM Bank Kenya posts Ksh. 202.04 Million net profit in H1 2026

SBM Bank Kenya has announced that it has reported a net profit after tax of Ksh 202.04 million for the six-month period ended June 30, 2026. This is a reduction from the Ksh. 350.5 million that the bank posted in the same period in 2025.…

2 min read