Inside CBK's New Bank Loan Pricing Model, Set to Start in September
The Central Bank of Kenya has unveiled a revised Risk-Based Credit Pricing Model (RBCPM) that will anchor bank loan rates to the Kenya Shilling Overnight Interbank Average (KESONIA) beginning September [...]
National Bank Retirees Edge Closer to Payout as Access Bank Seals Buyout
The High Court has handed a partial victory to more than 130 former National Bank of Kenya employees who have spent over a decade in legal battles to secure what they [...]
Kenya’s Car Market Cools as Registrations Dip by 11%
Kenya’s motor vehicle market started the year on a strong note, with registrations peaking at 22,632 units in January before easing to 20,132 in May, an 11% decline over five [...]Kalahari Cement Cleared to Acquire Holcim's 29% Stake in EA Portland
The Capital Markets Authority (CMA) has approved the proposed sale of Holcim Limited's 29.2% stake in East African Portland Cement (EAPC) Plc to Kalahari Cement Limited, a newly incorporated Kenyan [...]East Africa Faces Climate Shocks That Could Hit Agriculture, Energy Markets
Parts of East Africa risk a renewed drought as regional climate scientists forecast below-average rainfall during the upcoming October–December season, a period that provides up to 70% of annual precipitation [...]Kenya Airways Swings Back to Losses
Kenya Airways swung to a KSh 12.15 billion half-year net loss for the period ended June 30, 2025, from a KSh 513 million profit a year earlier. Total revenue declined [...]Profits Plunge by 98% at Old Mutual on Insurance Pressures
Listed financial services group Old Mutual Holdings PLC has posted a sharp earnings decline for the half year ended June 30, 2025, weighed down by weaker profitability despite a turnaround [...]Health Ministry Claims Relative Success in Battling Fraud in SHA, Private Hospitals Disagree
Private hospitals in Kenya are warning that the Social Health Authority’s (SHA) push to digitize payments and root out fraud without human oversight is straining facilities to the breaking point. [...]HF Group's Profit Up 134% in H1 2025, Bank Unit Upgraded to Tier II
Listed financial solutions provider HF Group PLC has posted KSh 624.3 million in profit after tax for the first half of 2025, more than double the KSh 266.3 million it [...]Mbadi Threatens to Cut Funding as Kenya Shifts to Zero-Based Budgeting
Treasury Cabinet Secretary John Mbadi has warned ministries, departments and agencies (MDAs) that they risk losing funding if they fail to conduct proper public participation in the budget process, as lawmakers [...]Horn of Africa Leaders Warn of Rising Climate Threats at Nairobi Forum
Scientists and policymakers from across the Greater Horn of Africa have convened in Nairobi for the 71st Climate Outlook Forum (GHACOF 71), against the backdrop of worsening climate extremes that [...]Offshore Havens Soak Up Nearly a Quarter of Kenya’s Capital Outflows
Kenya’s net capital outflows surged nearly fourfold to KSh 217.6 billion in 2023, as money moved aggressively into offshore financial centers even as foreign inflows decreased by 28.8%. The imbalance [...]
