Business
Electric Vehicles Push Kenya Power’s Revenue to Ksh.125.9 Billion
February 12, 2026
Electric Vehicles Push Kenya Power’s Revenue to Ksh.125.9 Billion
Kenya Power generated Ksh.125.9 million in revenue from electric vehicle (EV) charging in 2025, accordint ot the new data. The…
Spiro Secures Ksh.900 Million for Africa’s E-Mobility Expansion
February 12, 2026
Spiro Secures Ksh.900 Million for Africa’s E-Mobility Expansion
Spiro Mobility has secured a Ksh.900 million (US$7 million) facility from Nithio’s FAIR Fund in its push to expand electric…
Ruto Runs to MPs to Save National Infrastructure Fund
February 12, 2026
Ruto Runs to MPs to Save National Infrastructure Fund
The government, through the Majority Leader at the National Assembly, will table the National Infrastructure Fund Bill 2026 before the…
Billionaire Chandaria Offers Ksh.20 Million to KCA University for Innovation
February 12, 2026
Billionaire Chandaria Offers Ksh.20 Million to KCA University for Innovation
Manu Chandaria has pledged Ksh.20 million ($150,000 ) to support the creation of a new incubation and innovation centre at…
Absa Group Appoints Sitoyo Lopokoiyit as First Non-South African to Lead its Personal and Private Banking
February 11, 2026
Absa Group Appoints Sitoyo Lopokoiyit as First Non-South African to Lead its Personal and Private Banking
By Roxane Okeke Absa Group Limited has appointed outgoing M-PESA Africa Managing Director Sitoyo Lopokoiyit as Chief Executive for Personal…
CMA Okays 5 Companies to Operate in Kenya
February 11, 2026
CMA Okays 5 Companies to Operate in Kenya
By Roxane Okeke The Capital Markets Authority (CMA) has approved several new licence applications for firms seeking to operate as…
CIC Insurance Sells Ksh.1.8 Billion in Assets to Stay Afloat
February 11, 2026
CIC Insurance Sells Ksh.1.8 Billion in Assets to Stay Afloat
CIC Insurance Group Plc has announced the sale of land assets in both Kiambu and Kajiado counties to stay liquid…
Banks Cornered as CBK Trims Benchmark Rate to 8.75%
February 11, 2026
Banks Cornered as CBK Trims Benchmark Rate to 8.75%
The Central Bank of Kenya (CBK) has cut its benchmark lending rate by 25 basis points to 8.75%, defying calls…
Ziidi Trader Processed Record 55% of Share Trading on NSE
February 11, 2026
Ziidi Trader Processed Record 55% of Share Trading on NSE
Safaricom’s new M-Pesa trading app, Ziidi Trader, processed 55% of all share orders at the Nairobi Securities Exchange (NSE) on…
Ecobank Kenya Taps Former Family Bank Boss Mbithi as New Managing Director
February 11, 2026
Ecobank Kenya Taps Former Family Bank Boss Mbithi as New Managing Director
Ecobank Kenya has announced Rebecca M. Mbithi as the new Managing Director, starting February 2026. This appointment is subject to…