Business
KRA Clarifies KSh 3.2 Million Benchmark as Clearance Tool, Not a New Tax
4 days ago
KRA Clarifies KSh 3.2 Million Benchmark as Clearance Tool, Not a New Tax
Demonstrations were witnessed in Nairobi’s Central Business District on Friday, August 28, 2026, as small-scale traders took to the streets…
Digital Lenders Emerge as Key Source of Credit for Kenyan Farmers
2 weeks ago
Digital Lenders Emerge as Key Source of Credit for Kenyan Farmers
Digital lenders are emerging as a major source of financing for Kenyan farmers, signalling a shifting borrowing patterns between different…
Kenya Offered 10% Stake in $20 Billion Dangote Refinery
2 weeks ago
Kenya Offered 10% Stake in $20 Billion Dangote Refinery
Aliko Dangote, is set to break ground in September on a proposed Ksh.2.59 trillion ($20 billion) refinery and petrochemical complex…
Kenyans to Buy Vehicles at Simba Corp After Ksh.100 Billion Deal With Absa
2 weeks ago
Kenyans to Buy Vehicles at Simba Corp After Ksh.100 Billion Deal With Absa
Simba Corporation Limited has signed a memorandum of understanding with Absa Bank Kenya to expand access to asset financing for…
Absa Group Stake in Kenyan Subsidiary up 71.99% to 189 Million Shares
2 weeks ago
Absa Group Stake in Kenyan Subsidiary up 71.99% to 189 Million Shares
Absa Group has acquired 189.38 million Absa Bank Kenya shares, equivalent to a 3.49% stake, after only 2,045 of the…
UAE’s Payit Rolls Out Send Now, Pay Later for Africa on Buoyed Remittances
2 weeks ago
UAE’s Payit Rolls Out Send Now, Pay Later for Africa on Buoyed Remittances
First Abu Dhabi Bank’s digital platform Payit has launched Send Now Pay Later (SNPL) for African market, against the backdrop…
Equity Group H1 2026 Profit up 32% to Ksh.45.5 Billion
2 weeks ago
Equity Group H1 2026 Profit up 32% to Ksh.45.5 Billion
Equity Group Holdings has reported a 32 percent rise in net earnings for the first six months of the year,…
Absa Bank Kenya’s Bad Loans Down 17.8% as Loan Book Hits Record Ksh.329.87 Billion
2 weeks ago
Absa Bank Kenya’s Bad Loans Down 17.8% as Loan Book Hits Record Ksh.329.87 Billion
Absa Bank Kenya PLC in its H1 financials saw an improvement in the asset quality, when gross non-performing loans fell…
If Aid Has a Future, it Must Begin with Listening to the Grassroots
3 weeks ago
If Aid Has a Future, it Must Begin with Listening to the Grassroots
It seems the sky is falling on the aid system and umbrellas are few and far between. A simple Google…
Egypt and U.S. Open Talks on Major Investment Opportunities
3 weeks ago
Egypt and U.S. Open Talks on Major Investment Opportunities
Egypt and the United States are holding talks in Cairo for potential investment, and key areas of discussion are on…