Lawrence Baraza
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Kenya
Finance Act 2026 Gives Digital Lenders Tax Relief, but Industry Says More Reforms Are Needed
Kenya’s digital lending industry has welcomed several tax reforms introduced under the Finance Act 2026, saying the changes will help…
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Kenya
Banks Pull Back on Lending to State Corporations as Treasury Tightens Borrowing Rules
Commercial banks are becoming increasingly cautious about lending to Kenya’s State corporations, with new data showing a sharp decline in…
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Corporate
UAE’s Largest Bank Eyes South Africa After Decade-Long Legal Victory
First Abu Dhabi Bank (FAB), the United Arab Emirates’ largest lender with assets of about $406 billion (R6.6 trillion), is…
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East Africa
Tanzanian Billionaire Aziz Flies to Uganda as Talks Begin Over Nation Media Shutdown
Tanzanian billionaire Rostam Aziz has stepped in personally to help resolve the crisis that has brought Nation Media Group’s (NMG)…
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West Africa
Central Bank of Nigeria Revokes 47 Licenses of Microfinance Banks
The Central Bank of Nigeria (CBN) went on a volley Wednesday when it revoked licenses belonging to microfinance banks in…
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Kenya
Court Tightens Rules on Redundancies in Judgement Favouring Employees
A new court ruling could make it significantly harder for companies in Kenya to lay off employees, raising the threshold…
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Economy
World Bank Approves Ksh.97 Billion Loan For Kenya’s Governance and Social Protection Reforms
Kenya has secured fresh financial support from the World Bank in a move that the government says will strengthen public…
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casino
Nairobi MCAs Accused of Seeking Ksh.10 Million Each Before Approving 2026/27 Budget
Nairobi City County has entered the 2026/27 financial year without an approved budget, after the County Assembly did not pass…
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Corporate
Rock Investment Bank Acquires Majority Stake in Nabo Capital as Centum’s Holding Drops to 40%
Rock Investment Bank has acquired a majority stake in Nabo Capital Limited, meaning Nabo Capital will no longer sit within…
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Credit Rating
Metropol Assigns Investment Grade Rating to Brisk Marketing Limited
Metropol Credit Rating Agency (MCRA) has assigned an investment grade rating to Brisk Marketing Limited, underscoring the company’s positive growth…
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