Business
Stima SACCO Inks Real Time Payment Deal With Pesalink for its 200K members
November 19, 2025
Stima SACCO Inks Real Time Payment Deal With Pesalink for its 200K members
Stima Sacco has signed an integrated payment services deal with Pesalink to give its more than 200,000 members fast, affordable,…
Absa Bank’s Net Profit up 15% to Ksh.33 billion
November 19, 2025
Absa Bank’s Net Profit up 15% to Ksh.33 billion
Absa Bank Kenya Plc has posted a 15% increase in net profit, closing the nine-month period ended September 30, 2025,…
Regulatory Oversight Prompt SACCOs to Cut Down on Dividend Payouts
November 18, 2025
Regulatory Oversight Prompt SACCOs to Cut Down on Dividend Payouts
Savings and Credit Cooperatives (Saccos) in Kenya are beginning to cut back on dividend payouts and retain more earnings as…
Kenyans to Give DNA Records While Registering New SIM Cards
November 17, 2025
Kenyans to Give DNA Records While Registering New SIM Cards
The Communications Authority of Kenya (CA) is proposing changes to SIM-card registration rules that could fundamentally reshape how personal data…
President Ruto Sets Date for Ksh.170 Billion Rironi-Mau Summit Expressway Dualing
November 17, 2025
President Ruto Sets Date for Ksh.170 Billion Rironi-Mau Summit Expressway Dualing
Travel time from Nairobi to Western Kenya will be narrowed by roughly 1.5 hours following President William Ruto’s announcement of…
Nigerian Bank to Acquire Kenya’s Paramount Bank Over Core Capital Pressure
November 17, 2025
Nigerian Bank to Acquire Kenya’s Paramount Bank Over Core Capital Pressure
Nigeria’s Zenith Bank is pursuing the acquisition of Paramount Bank, a mid-sized Kenyan commercial bank. The bank has reportedly secured…
What it Means for Kenyans as CS Mbadi Drafts Fresh Tax Guidelines
November 17, 2025
What it Means for Kenyans as CS Mbadi Drafts Fresh Tax Guidelines
The National Treasury has released the Draft Income Tax (Advance Pricing Agreement) Regulations, 2025 for taxpayers to enter into Advance…
Salva Kiir Sacks His Deputy Bol Mei After 9-Month Reign
November 13, 2025
Salva Kiir Sacks His Deputy Bol Mei After 9-Month Reign
South Sudanese President Salva Kiir on Wednesday dismissed Benjamin Bol Mel as vice president and deputy leader of the ruling…
Uganda-based VC Secures $6 Million for Fintech Financing in Africa
November 12, 2025
Uganda-based VC Secures $6 Million for Fintech Financing in Africa
First Circle Capital, a specialist early-stage venture fund with offices in Casablanca and Kampala, has secured $6 million for fintech…
Why Absa Thinks Banks Must Meet MSMEs at Their Doorsteps
November 12, 2025
Why Absa Thinks Banks Must Meet MSMEs at Their Doorsteps
The key to unlocking the potential of East Africa’s small businesses lies in taking financing and support directly to them,…