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Standard Chartered targets key sectors in new financing push

Standard Chartered is ramping up sustainable financing in Kenya, targeting key sectors like manufacturing, healthcare and agriculture to drive long-term economic growth.

By 2 days ago

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NCBA profit rises to Sh23b as Nedbank buyout nears

NCBA Group has posted a Sh23.4 billion profit as it moves closer to acquisition by Nedbank Group.

By 5 days ago

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Why Nairobi performed poorly in latest global cities ranking

The prevalence of more slums and poor sanitation services in Kenya’s capital has hurt the city’s outlook on the global stage, making Nairobi rank 56 in global attractiveness. 

By 6 days ago

Agriculture reaps big as Kenya secures Sh377 billion investment deals

20 agreements were signed at the conference and are set to create over 63,000 jobs.

By 6 days ago

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Why mentorship is key for entrepreneurs

Mentorship is vital for entrepreneurs, helping them navigate challenges such as limited capital and guiding business growth even when funding is scarce.

By 7 days ago

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Petroleum crisis: what countries are doing to cushion citizens

Countries are adopting varied measures to cushion citizens from a looming petroleum crisis, as fuel shortages and long queues begin to emerge amid Middle East tensions.

By 7 days ago

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How Equity Bank became region's most profitable company

According to Mwangi, Equity is becoming bigger than just a bank due to its technology subsidiary. Perhaps this is where the bank is eating Safaricom’s lunch.

By 8 days ago

Kingdom Bank posts Sh946.2m profit as NBK's returns grow 125 per cent

Kingdom Bank reported a 59% rise in net profit to Sh946.2 million for 2025, driven by strong growth in both interest and non-interest income.

By 8 days ago

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Property sector reaps big from rising demand for luxury healthcare

Equity Group Holdings owns the Equity Afya chain of health facilities through Equity Group Foundation

By 13 days ago

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Mwangi's Sh734m windfall as Equity posts record earnings

Equity Bank’s historic Sh75.5 billion profit will trigger a record Sh21.7 billion dividend payout.

By 13 days ago

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Training institute, tech: How matatus industry seeks to sanitise sector

There might be outliers in the Kenyan public transport sector, but whenever discussions are held about the industry, the narratives shared are far from a fairy tale.

By 14 days ago

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Kenya farm exports to gain duty free access to Chinese market

Kenya’s agricultural exports will start entering the Chinese market duty-free starting May 1, a move that is expected to significantly boost export opportunities for Kenyan farmers and agribusinesses.

By 15 days ago

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Pension assets in fixed deposits drop 11pc on low interest rates

Pension investments in fixed deposits declined by 11.7 per cent in the six months to December 2025 following the Central Bank of Kenya’s consistent reduction of the base lending rate.

By 16 days ago

Stanbic profit flattens at Sh13.7 billion as South Sudan subsidiary recovers

Stanbic Bank has proposed a dividend of Sh22.35 per share, an increase from Sh20.83 issued in 2024.

By 20 days ago

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Saccos up push to develop new digital loan products

Saccos are aggressively fighting for their space in the digital credit market, having introduced almost 100 products in their services between 2023 and 2024.

By 21 days ago

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How government will fund JKIA upgrade plan

The 70-30 formula will see the government utilise the newly established National Infrastructure Fund (NIF) to attract other investors such as pension funds.

By 21 days ago

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RBA, bourse tussle over Sh2.3tr pension assets investments

A proposal by the NSE to have the Retirement Benefits Authority revise the allocation formula of assets under management in favour of equities has been termed impractical.

By 22 days ago

Sacco gross loans surpass Sh900b mark

The amount of loans disbursed by Saccos across the country exceeded Sh900 billion in December 2025, according to the latest quarterly industry statistical analysis update from Sasra.

By 23 days ago

How UAE's Sh130 billion AI initiative could transform African economies

Last November, the UAE announced a Sh130 billion ($1 billion) investment initiative to expand artificial intelligence (AI) infrastructure and applications across Africa.

By 1 month ago

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Why Sacco members are shunning guarantors for property as collateral

The urgency with which the loans are applied discourages borrowers from depending on guarantors, as they may fail to come through at short notice.

By 1 month ago

Educational institutions boost investors' appetite in Murang'a

Investors and residents of Murang'a are eyeing better times following the establishment of educational institutions that have awakened the once sleepy town.

By 1 month ago

Why services sector offers best bet for jobs, economic development

Developing economies such as Kenya have been advised by a United Nations body to pivot their services sectors as the catapult for economic growth. 

By 1 month ago

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NSE: State's new platform to raise billions

A few years ago, when the Kenyan market was struggling to access dollars as inflation surged, the interest rate regime was the preferred capital mop-up tool for the government.

By 1 month ago

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Why co-shared spaces could be the future of Kenya's banking sector

Co-shared spaces could transform Kenya’s banking sector by promoting openness, collaboration and broader financial access.

By 1 month ago

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Minority investors win bigger say in KenGen Board shake-up

KenGen will be classifying shares in a new governance structure that will see minority shareholders have more power to choose their representative at board level.

By 1 month ago

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Report: Sacco staff struggle to market mortgages despite training

The report notes that the complexities around tax benefits are among the pieces of information Sacco staff are either unfamiliar with or totally unaware of.

By 1 month ago

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Mbadi dismisses criticism of planned tax cuts

Mbadi says the cuts are set to benefit the low-income earners, unlike how it is being portrayed.

By 1 month ago

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CMA lines up more reforms as State targets retail traders

With market capitalisation tripling since 2022, the administration is seeking to shift companies to equity financing.

By 1 month ago

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Inside Israeli's bid to make Kenya a startup nation

Israeli envoy Gideon Behar is pitching Israel’s innovation-driven success as a model for transforming Kenya into a thriving startup nation.

By 1 month ago

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State goes after electric cars as road levy funding dims

The adoption of electric vehicles might fuel the development of more toll roads as the government agonises over a new source of revenue to replace the Road Maintenance Levy Fund.

By 1 month ago

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Aviation workers, KCAA standoff now threatens airport operations

A potential strike by civil aviation workers threatens to disrupt operations at key airports such as JKIA next week, a move that could affect airlines and passengers.

By 1 month ago

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Season of baits: Inside Ruto tokenism plot targeting payslip holders

Default rates in all funding programmes touted as drivers for financial inclusion have been found to be extremely high, raising questions on their viability and their real intentions.

By 1 month ago

Eveready enters EV space with new financing product

Eveready East Africa is transforming its business model from a traditional battery manufacturer to a key player in the green energy space with a new funding product for electric vehicles.

By 1 month ago

Listed agricultural firm inks deal to expand exports to UAE

Africa Mega Agricultural Corp, has finalised an agreement at Gulfood Dubai to onboard more than 1,500 international buyers onto its digital commodities exchange platform.

By 1 month ago

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Capital markets boon: Did global AI, tech hype turbocharge NSE?

Kenya’s capital markets are surging on renewed confidence and favorable timing, with global tech optimism a possible boost.

By 1 month ago

State pushes for just transition for businesses in AI age to protect jobs

The government has expressed fears of job losses among low-skilled workers as businesses adopt artificial intelligence (AI) in their operations.

By 1 month ago

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How higher statutory deductions have cut mortgage affordability

With the contributions to NSSF  going up further this month, loans amount for housing will even reduce further. 

By 1 month ago

Kakuzi mitigates export risks with local tea products

Listed agribusiness firm Kakuzi has added loose-leaf tea packets to its list of domestic product line to mitigate export-associated risks.

By 1 month ago

State to amend laws to support electric mobility industry

The government is deliberating whether to introduce a comprehensive omnibus bill for the electric mobility sector or amend the existing laws to better guide players in the industry.

By 1 month ago

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Pension trustees jittery after collapse of Nakumatt, Chase Bank

A decade ago, when Nakumatt Holdings was going under after choking in huge debts, the retailer had Sh4.8 billion in its books held in commercial paper.

By 1 month ago