Kenya’s Bribe Economy, Where Your Money Talks Loudest
The National Ethics and Corruption Survey (NECS) 2024 has revealed that bribery remains a significant factor in accessing public services in Kenya, despite a notable drop in the average bribe [...]
Sanlam Kenya Half-Year Profits Drop 90%, Cuts Debt by 72%
Sanlam Kenya Plc posted a sharp drop in earnings for the first half of 2025, even as the insurer completed a major recapitalization and debt repayment drive that has reshaped [...]
Kenya Sees Foreign Investment Uptick as Investors Balance Optimism with Hurdles
Foreign investors in Kenya have raised concerns over high electricity costs, regulatory bottlenecks, tax administration, and corruption, describing them as the most pressing hurdles to doing business in the country. The [...]Ruto Backs African Credit Rating Agency at TICAD 9
President William Ruto has reiterated his support for the African Credit Rating Agency (AfCRA) to correct what he described as structural inequities in the global financial system that unfairly penalise [...]Kenya Mortgage Refinance Company's H1 Profits Slip by 2.7%, Loans Drive Asset Growth
Kenya Mortgage Refinance Company (KMRC) profit after tax fell 2.7% to KSh 544.3 million in the first half of 2025, down from KSh 559.4 million for the same period in [...]Safaricom Bets on Time-Based Internet Bundles With New B-Live Service
Safaricom PLC has launched B-Live, a new internet offering that charges customers based on time rather than the amount of data consumed, a potential shift in how mobile users manage [...]CBK Mops Up KSh 180Bn in Tap Sale After Record Infrastructure Bond Reopening
The Central Bank of Kenya (CBK) has accepted KSh 179.77 billion in a tap sale of two infrastructure bonds, far exceeding its initial KSh 50 billion target. Both the reopening [...]Kifaru Exim SEZ Debuts at Tatu City, Unlocking Export Opportunities for SMEs
Kenya’s export ambitions have received a boost with the launch of Kifaru Exim SEZ Ltd at Tatu City, a facility designed to equip Small and Medium Enterprises (SMEs) with the infrastructure and incentives needed [...]Family Bank's Half-Year 2025 Profits Up 38.8% on Strong Interest Income
Mid-tier lender Family Bank Limited has posted a 38.8% rise in net profits to KShs 2.28 billion for the first half of 2025, up from KShs 1.65 billion in the [...]Deadline for Public Debate on Privatization Bill Nears
Kenyans have untilFriday, August 22, 2025, to submit their views on the proposedPrivatization Bill, 2025 (National Assembly Bill No. 36 of 2025), a draft law that seeks to overhaul how [...]Sidian Bank H1 Profit Surges 92% to KSh 1Billion
Sidian Bank posted a strong performance in the six months to June 30, 2025, nearly doubling its profit after tax to KSh 1.01 billion, up from KSh 523 million in [...]StanChart Kenya's H1 Earnings Drop 21% to KSh 8Bn on Weaker Income
Standard Chartered (StanChart) Bank Kenya posted weaker half-year earnings as lower interest and non-interest income weighed on performance despite stable asset quality and deposit growth. The lender's operating costs were [...]
