Kenyan Banks Lead East Africa in Sustainable Banking- WWF Report
Kenyan banks scored an average of 43.7% in the WWF’s inaugural 2024 Sustainable Banking Assessment (SUSBA), second only to South Africa’s 50.1% among 25 banks surveyed across eight African countries. [...]
Stanbic Bank Kenya Posts 16.6% Dip in Profits in Q1
Stanbic Bank Kenya, which once again maintained its tradition as the first bank to release earnings, reported a 16.6% drop in net profit for Q1 2025 to KSh 3.33 billion, [...]
DRC Boosts Export Market as Kenya-Africa Trade Dips 2.2%
The Democratic Republic of Congo (DRC) was Kenya's fastest growing export market in the region in 2024, in a year when Kenya’s trade relations with Africa underwent notable shifts. The [...]Credit to Manufacturing Sector Drops to KSh 563Bn
In 2024, total approved credit to the manufacturing sector dropped to KSh 563.0 billion, according to the latest Economic Survey by the Kenya National Bureau of Statistics (KNBS). Manufacturing now accounts [...]SGR Revenue Up Despite Dip in Passenger Numbers
Passenger revenue from the Standard Gauge Railway (SGR) increased by 39.4% to KSh 4.1 billion despite fewer people opting for the means of transport last year. The decrease in MGR [...]Live Garden Ant Traffickers Sentenced to 1 Year Jail Term or KSh 1.2mn Fine
Two Belgian nationals, Lornoy David and Seppe Lodewijckx, Vietnamese citizen Duh Hung, and Kenyan national Dennis Ng’ang’a have been convicted and sentenced at the JKIA Law Courts for violating the [...]Sasini Slides to KSh 113mn Loss in H1 2025
Sasini PLC posted a KSh 113.1mn net loss for the half-year ended 31 March 2025, weighed down by higher costs and flat revenues as pressure on the group's core agribusiness [...]E-Waste Rises to Over 53,000 Tonnes Amid Surge in Small Device Debris
The country’s electronic waste output continued its upward trajectory, reaching 53,559 metric tonnes in 2024, up from 46,211 tonnes in 2020, according to new data from the Kenya National Bureau [...]Senate Grills CS Mutua over Gulf Jobs Scandal
A Senate Committee on Tuesday questioned Labour Cabinet Secretary Alfred Mutua over a wave of fraud claims associated with an overseas jobs programme overseen by the government. Mutua defended the [...]Taxman Targets Fuel Stations with New eTIMS Rollout
Gas PumpsStanbic PMI Highest in 10 Months as Jobs Grow
Kenya’s private sector recorded higher sale volumes despite inflation rising to 4.1% in April, the latest Stanbic Purchasing Managers' Index (PMI) shows. “The Kenya PMI for April reveals a private [...]Kenya’s Secondary Bond Market Surges 95% in Q1, On Track for Another Record Year
Kenya's secondary bond market had a great start to 2025, with trading volumes that highlight increased investor interest and better market liquidity. . Among the infrastructure bonds that drove the [...]
