Kenya’s Capital Markets Authority (CMA) has approved a plan to raise Sh47 billion to fund the ongoing construction of the Talanta Sports Stadium in Nairobi. The stadium is one of …
Elon Musk’s internet company, Starlink, is currently facing serious challenges in Kenya, just less than two years after launching operations in the country. Starlink, which uses satellites to deliver internet, …
Safaricom, the Nairobi-based telecoms and digital services provider, has made history as the first company in East Africa to surpass $3 billion in annual revenue. The firm’s financial results for …
Co-operative Bank of Kenya has entered into a major partnership with 619 Savings and Credit Cooperative Societies (Saccos) across the country to improve how members access banking services. The new …
African markets are navigating a busy day of economic indicators, political developments, and global trends on Thursday, May 8, 2025. From court decisions in Côte d’Ivoire to monetary policy announcements …
Kenya’s government has said it will not introduce new taxes or increase current ones in the 2025/2026 budget. This announcement comes after last year’s deadly protests forced President William Ruto’s …
The Central Bank of Kenya (CBK) has warned commercial banks in the country to reduce their lending rates or risk facing serious financial penalties. The warning came from CBK Governor …
Kenyan banks are now relying more on secured borrowing to manage their short-term funding needs, as the value of secured interbank lending doubled in just one month. According to official …
The Council of Governors (CoG) in Kenya has issued a stern 14-day ultimatum to the National Treasury, demanding the immediate disbursement of Sh78.03 billion in delayed County Equitable Share funds …
Kenya is facing a rising wave of cyber threats, with reported incidents increasing by 27.2% in the second quarter of the 2024/2025 fiscal year. The Communications Authority of Kenya revealed …