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Kenya’s Lending Rates Drop to 15%—But Borrowers Still Feel the Heat

Kenya’s Lending Rates Drop to 15%—But Borrowers Still Feel the Heat

Kenya’s average bank lending rate fell to 15% in March 2025—the lowest level recorded in...

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Co-op, NCBA Join KCB and Equity Among Africa’s Top 25 Banks by Assets

Co-op, NCBA Join KCB and Equity Among Africa’s Top 25 Banks by Assets

Kenya’s banking sector has marked another milestone on the continental stage, with Co-operative Bank and...

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Starlink Loses Market Edge in Kenya After Subscription Freeze

Starlink Loses Market Edge in Kenya After Subscription Freeze

Elon Musk’s satellite internet firm, Starlink, has lost its grip on Kenya’s internet market following...

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Equity Bank Clears Path to Middle East: Shareholders Approve UAE Expansion Plan

Equity Bank Clears Path to Middle East: Shareholders Approve UAE Expansion Plan

Equity Group Holdings has secured shareholder approval to set up a representative office in the...

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Riyadh Air Bets Big: Orders 25 Airbus A350-1000s, Eyes 50 in Vision 2030 Push

Riyadh Air Bets Big: Orders 25 Airbus A350-1000s, Eyes 50 in Vision 2030 Push

Riyadh Air has made a bold move on the global aviation chessboard, signing a firm...

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Co-op Bank CEO Muriuki Earns Record Ksh475M as Bank Delivers Robust 2024 Performance

Co-op Bank CEO Muriuki Earns Record Ksh475M as Bank Delivers Robust 2024 Performance

Gideon Muriuki, CEO of Co-operative Bank of Kenya, took home a record Ksh475 million ($3.65...

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Safaricom Denies Role in Tracking Albert Ojwang After former CS Muturi

Safaricom Denies Role in Tracking Albert Ojwang After former CS Muturi

Safaricom CEO Peter Ndegwa has strongly refuted claims that the telco assisted the Directorate of...

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Kenya to Lead Africa in Vaccine Manufacturing After Landmark China Pact

Kenya to Lead Africa in Vaccine Manufacturing After Landmark China Pact

Kenya is positioning itself as Africa’s pharmaceutical powerhouse following a strategic partnership with China that...

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CBK Licenses 41 More Digital Lenders, Total Now at 126 Amid Regulatory Push

CBK Licenses 41 More Digital Lenders, Total Now at 126 Amid Regulatory Push

The Central Bank of Kenya (CBK) has approved 41 additional Digital Credit Providers (DCPs), increasing...

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Kenya Tightens Grip on Gambling Ads in Sweeping Regulatory Overhaul

Kenya Tightens Grip on Gambling Ads in Sweeping Regulatory Overhaul

The Kenyan government, through the Betting Control and Licensing Board (BCLB), has unveiled a sweeping...