Collins Ogutu
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Corporate
Finance Trust Bank Downgrades to Tier II on Bank of Uganda Approval
The Bank of Uganda has approved Finance Trust Bank’s request to downgrade its operations from a Tier I commercial bank…
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Kenya
Where KRA Netted Extra Ksh.22.7 Billion to Exceed December Target
The Kenya Revenue Authority (KRA) has exceeded its revenue collection target for December 2025 by 108 percent to Ksh.307.6 billion.…
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East Africa
Metropol: Invest in Data, Tech to Curb Cyberattack Losses
Financial institutions have been challenged to ramp up investment in data and advanced fraud prevention technologies to mitigate risks and…
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East Africa
Heineken Loses Operational Control of Facilities in DRC
Heineken has lost operational control and withdrawn its staff from its facilities in conflict-affected areas of eastern Democratic Republic of…
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Corporate
Digital Lenders Push for Credit Market Reforms to Unlock Capital for Underserved
Digital lenders in Kenya are calling for the removal of regulatory and structural barriers in the credit market to unlock…
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Kenya
AI Use in Digital Credit to Boost Financial Inclusion, Say Experts
Adopting Artificial Intelligence (AI) technologies in the credit sector will go a long way toward boosting financial inclusion in Kenya,…
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Agriculture
Hello Tractor Outshines Banks in Agri-SME Lending After Hitting 7.2% in Profit
Hello Tractor has stood out as a trailblazer in agricultural finance, through inclusive lending and laying ground of opportunities for…
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Kenya
Construction Sector Shrinks to an All-Time Low of 0.7% to Ksh.528 Billion
Kenya’s construction industry shrank to an all-time low of 0.7 percent in 2024, a reversal from the 3.0 percent growth…
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Kenya
State Expenditure on Education to Drop 1.2% to Ksh.594 Billion
Government expenditure on education is projected to fall from Ksh.601.5 billion in the 2023/24 financial year to Ksh.594.2 billion in…
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Agriculture
Kenya’s Agriculture Sector Records Ksh.1.7 Trillion Growth in 2024
Kenya’s agriculture sector witnessed a robust growth in the year 2024, hitting a record Ksh.1.7 trillion, supported by increased crop…
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