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    Associated Motors Closes Shop After Losing 60 Year Isuzu Franchise

    Associated Motors Closes Shop After Losing 60 Year Isuzu Franchise

    Family Bank appointed joint receivers over Associated Motors Limited and Sclaters Holdings Limited on 9 April 2026, weeks after Isuzu East Africa terminated its nearly 60-year dealership agreement with Associated Motors. The receiverships cover charged properties in Nairobi and Eldoret secured under charges dated August 2021. Separately, I&M Bank placed Jamii Distributors (E.A) Limited under administration on 1 April 2026. All three appointments were handled by Anant Bhatt LLP of Mombasa.
    Harry
    Harry Njuguna
    2 days ago
    Kenya Private Sector Credit Hits KSh 4.15 Trillion Record

    Kenya Private Sector Credit Hits KSh 4.15 Trillion Record

    Kenya's private sector credit stock hit an all-time high of KSh 4.15 trillion in March 2026, the sixth consecutive monthly record, recovering from a trough of KSh 3,789.10 Bn in September 2024. Year-on-year growth accelerated to 8.1%, led by building and construction up 37.1% and agriculture up 28.9%. Banking sector liquidity stood at 59.3% with profit before tax at KSh 83.90 Bn in Q4 2025. The NPL ratio ticked up to 15.6%, the second increase of 2026, but remains more than 200bps below the 17.6% cycle peak of August 2025.
    Harry
    Harry Njuguna
    10 days ago
    Africa's Small Businesses Deserve World Class Banking

    Africa's Small Businesses Deserve World Class Banking

    Micro, Small and Medium Enterprises (MSMEs) form the backbone of the global economy, yet their growth is constrained by limited access to finance.
    Nicasio
    Nicasio Karani Migwi
    15 days ago
    Women, Older Kenyans and Low-Income Earners Most Anxious Over Debt-Old Mutual Report

    Women, Older Kenyans and Low-Income Earners Most Anxious Over Debt-Old Mutual Report

    Findings from the Old Mutual Financial Wellness Monitor 2025 indicate that about 40% of working Kenyans worry about their debt, a notable improvement from 53% a year earlier.
    Fred
    Fred Obura
    24 days ago
    Universities, State Agencies Lead In KSh 468bn Supplier Debt

    Universities, State Agencies Lead In KSh 468bn Supplier Debt

    Kenya’s unpaid government bills are still heavily concentrated in state corporations, with public universities, road authorities, health agencies and energy utilities accounting for much of the supplier debts older than six months. 
    Brian
    Brian Nzomo
    a month ago
    KRA Scraps 'Blacklist', Admits It Punished Honest Businesses

    KRA Scraps 'Blacklist', Admits It Punished Honest Businesses

    KRA has ordered the removal of thousands of taxpayers from a controversial compliance blacklist after acknowledging that the system had been misused and was harming legitimate businesses.
    Brian
    Brian Nzomo
    a month ago
    In Africa’s Creative Economies, Women Are Claiming Ownership

    In Africa’s Creative Economies, Women Are Claiming Ownership

    It’s worth watching what happens in the days after International Women's Day – whether the women building ownership across African creative industries control more of their work, their distribution, and their narrative
    Libby
    Libby Allen
    a month ago
    Kenyan Entrepreneur Maurice Juma Joins Africa’s “Forty Under 40” Vanguard

    Kenyan Entrepreneur Maurice Juma Joins Africa’s “Forty Under 40” Vanguard

    Maurice Juma, co-founder and CEO of MediaPal, was recognized among Africa’s “Forty Under 40” an acknowledgment that places him within a select cohort of the continent’s youngest business leaders
    Brian
    Brian Nzomo
    a month ago
    I&M Bank, B Lab Africa Partner to Support Small Businesses

    I&M Bank, B Lab Africa Partner to Support Small Businesses

    I&M Bank has partnered with B Lab Africa to strengthen the capacity of small to medium sized businesses within the listed lender's ecosystem. 
    Business
    Business Reporter
    a month ago
    Global Aid Pullback Tests Kenya’s Circular Economy Ambitions

    Global Aid Pullback Tests Kenya’s Circular Economy Ambitions

    Kotaramaju is calling for a unified institutional framework that gives commercial banks and development finance institutions confidence to evaluate circular economy risks properly
    Fred
    Fred Obura
    2 months ago
    Kenyan Companies Strike Delicate Balance on Higher Costs, Lower Sales- Stanbic PMI

    Kenyan Companies Strike Delicate Balance on Higher Costs, Lower Sales- Stanbic PMI

    The divergence between rising operating expenses and modest output price increases points to a tightening of corporate margins.
    Fred
    Fred Obura
    2 months ago
    Kenya's Lawmakers Favor Stronger TikTok Regulation Over Ban

    Kenya's Lawmakers Favor Stronger TikTok Regulation Over Ban

    Kenyan lawmakers have drawn a clear line in the country’s intensifying debate over social media, favouring heavier regulation over an outright ban.
    Brian
    Brian Nzomo
    2 months ago

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