Business
Kenya’s Tea Export Earnings Drop 20% in Q1 2025 on Lower Volumes
May 21, 2025
Kenya’s Tea Export Earnings Drop 20% in Q1 2025 on Lower Volumes
Kenya’s tea export earnings fell by 20% in the first quarter of 2025, driven by a decline in shipment volumes,…
Kenya Power Cleared to Proceed with Ksh.1.2 Billion Transformer Tender
May 21, 2025
Kenya Power Cleared to Proceed with Ksh.1.2 Billion Transformer Tender
Kenya Power has been granted the green light to finalize a Ksh.1.2 billion transformer procurement deal, following a ruling by…
Oil Prices Jump More than 1% on Middle East Supply Fears
May 21, 2025
Oil Prices Jump More than 1% on Middle East Supply Fears
Oil prices rose more than 1% on Wednesday after reports that Israel could be preparing to strike Iranian nuclear facilities…
Metropol Launches Intelligent Analytics Tool for Smarter Credit Decisioning
May 21, 2025
Metropol Launches Intelligent Analytics Tool for Smarter Credit Decisioning
Metropol has unveiled a new tool within its analytics platform, Metropol Analytics Platform (MAP), to help banks and other lenders…
Choice Bank Unveils New Digital Banking Model as it Celebrates 10 Years of Growth
May 21, 2025
Choice Bank Unveils New Digital Banking Model as it Celebrates 10 Years of Growth
Choice Microfinance Bank, now rebranded as Choice Bank, has officially launched a new, inclusive, and digitally powered banking model, marking…
High Court Sets New Date to Hear Petition on IEBC Nominees
May 16, 2025
High Court Sets New Date to Hear Petition on IEBC Nominees
The High Court has delayed the hearing of a petition which seeks to stop the vetting and approval of President…
Absa Bank Kenya Partners with Women’s World Banking to Support Women Entrepreneurs
May 16, 2025
Absa Bank Kenya Partners with Women’s World Banking to Support Women Entrepreneurs
Absa Bank Kenya has partnered with Women’s World Banking to help more women in Kenya access financial support and grow…
Trump’s Proposed 5% Remittance Tax to Hit Kenyans Hard
May 16, 2025
Trump’s Proposed 5% Remittance Tax to Hit Kenyans Hard
A controversial proposal by the Trump administration to impose a 5% tax on remittances has sparked concern among global financial…
Why Kenya’s Wealthy Are Moving Away from Lifestyle Assets and Going Local
May 13, 2025
Why Kenya’s Wealthy Are Moving Away from Lifestyle Assets and Going Local
Kenya’s High Net-Worth Individuals (HNWIs) are refocusing their investment strategies from the traditional lifestyle assets, towards generating revenue and offering…
Kenyans to Access Superior Homes at 105% After Deal with KCB Bank
May 12, 2025
Kenyans to Access Superior Homes at 105% After Deal with KCB Bank
Property developer Superior Homes Kenya has inked a deal with Kenya Commercial Bank (KCB) to facilitate Kenyans seeking to own…