Family Bank Inches Closer to NSE Listing
Family Bank shareholders will meet virtually on October 27, 2025, for an Extraordinary General Meeting (EGM) to vote on a proposal to list the bank’s ordinary shares on the Nairobi [...]
KRA Pushes to Have Banks, Clients Withhold Taxes for Non-Compliant Foreign Firms
The Kenya Revenue Authority (KRA) is seeking new powers to collect revenue from foreign technology companies, including the ability to order local banks, payment processors and even customers to withhold [...]
35 SACCOs Risk Sanctions as Regulator Escalates Anti-Money Laundering Crackdown
Thirty-five savings and credit cooperatives (SACCOs) are staring at possible sanctions after failing to register with the Financial Reporting Centre (FRC) as required under new anti-money laundering regulations. SASRA noted: “A [...]New Regulations to Tighten Customer Service in Kenya's Power Sector
Kenya’s electricity distributors and retailers will soon be required to meet strict customer service standards, including publishing service charters, reconnection timelines, and complaint-handling procedures, under new draft regulations published by [...]KDIC Updates Deposit Insurance Coverage Through June 2026
The Kenya Deposit Insurance Corporation (KDIC) has published the official list of institutions whose deposits are insured up to 30 June 2026. Deposits placed in these institutions are protected under [...]Kenya Plans To Slash Mobile Money Transaction Fees
The Central Bank of Kenya (CBK) is moving to slash the cost of mobile money transfers in a sweeping effort to reignite financial inclusion in a market that has long [...]Shri Krishana Issues Profit Warning as Borrowing Costs Surge, H1 Net Profit Falls 70%.
The newest kid on the Nairobi Securities Exchange floor, Shri Krishana Overseas PLC, has reported weaker half-year earnings for the six months ended June 2025 and issued a profit warning, [...]SACCOs Face KSh 3.5bn in Unremitted Funds from Employers
Kenya’s regulated savings and credit cooperatives (SACCOs) are facing renewed financial strain as non-remitted funds owed by employers jumped to KSh 3.49 billion in 2024, up from KSh 2.59 billion [...]Kenya To Raise Compensation Limits to Bolster Trust in the Financial Sector
Regulators are moving to reinforce the Policyholders’ Compensation Fund, which protects insurance customers in the event of an insurer collapse, by raising the compensation ceiling from KSh 250,000 to KSh [...]NSE Secondary Bond Market Crosses Record KSh 2 Trillion in Turnover
The Nairobi Securities Exchange (NSE) secondary bond market crossed the KSh 2 trillion turnover mark as of September 24, 2025, setting another milestone in Kenya's fixed-income trading. A look at [...].KE Domain Uptake Grows as Companies Strengthen Online Presence
Fresh data from the Communications Authority of Kenya (CA) shows registered .ke domains rose to 111,313 by June 2025, a 4.2% increase from 106,800 a year earlier, and a 1.9% rise from the [...]Unga Group Returns to Profit after Two Year Loss Streak
Listed miller Unga Group Plc has posted a profit for the year ended June 30, 2025, reversing two years of heavy losses. For real time market updates and analysis, join [...]
