Diaspora Inflows Hit Record KSh 55.2 billion in August
Money sent home by Kenyans living and working in the diaspora hit a record high in a single month, clocking US$427.2 million (KSh55.2 billion), in August. In the 12 months [...]
NSE, UK's MOBILIST Partner to Drive New Listings
The Nairobi Securities Exchange (Ticker: NSE) has entered into a partnership with UK government programme MOBILIST to drive the listing of new investment products in the Kenyan market. “The strategic [...]Safaricom Secures Another KShs. 15bn Loan from 4 Banks for ESG
A year after it received the first tranche of a sustainability loan, Safaricom PLC has secured the second tranche of KShs. 15bn from KCB, ABSA, Standard Chartered, and Stanbic to [...]
5 Ways to Invest in Real Estate as a Kenyan in Diaspora
As a Kenyan living abroad, investing in real estate in Kenya can be a way to build wealth and stay connected with home. The real estate market in Kenya is [...]
Why Banks are Expanding Branch Networks in the Digital Age- Stanbic Kenya CFO
Banks in Kenya have been expanding branch networks across the country and region despite being in the age of digitization where most transactions happen online. On the sidelines of Stanbic [...]Acorn Holdings Bond to Delist from the NSE
Acorn Holdings, listed under the Fixed Income Securities Market Segment of the Nairobi Securities Exchange (NSE), is set to delist from the bourse after it opted for an early redemption [...]New Funding Wave Targets High ESG Footprint SMEs as Awareness Grows
A growing understanding among Small and Medium Enterprises (SMEs) that best environmental, social and governance (ESG) practices are good for business is fuelling the uptake of impact funding with loans [...]Bolt Kenya Awards 10 Drivers KShs 288k Each in €20,000 Accelerator Program
The Kenyan edition of the Bolt accelerator program came to an end today after the ride-hailing company awarded 10 drivers with about KSh 288,000 (€2,000) each in a ceremony at [...]Payments Processor PayRetailers Expands into Kenya, Nigeria, Six Other Countries
PayRetailers, the Latin America-based payment processor, has expanded into Kenya and seven other markets in the region, bringing its total presence on the continent to 12 countries. Expanding into eight [...]Kenya Seeks Germany's Commitment on Increased Financing for World Bank Fund
Kenya will seek Germany's commitment on increasing its financing to support Africa's ambition to meet its climate and development goals, President William Ruto's press office said in a statement on [...]Sacco Membership Grows to 6.84mn Despite 2 Deregistrations
The membership of regulated saccos increased last year to 6.84 million from 6.42 million members reported in 2022, despite a drop in the number of regulated saccos during the period. [...]Longhorn Publishers Posts KSh 237.9mn Loss
Longhorn Publishers posted a loss after tax amounting to KSh237.9 million in the full year 2024, a 58.4 percent reduction from a KSh571.3 million loss recorded in the same period [...]
