Resource not found.
Sorry the page you were looking for cannot be found. Try searching for the best match or browse the links below:Latest Articles
KRA Scraps 'Blacklist', Admits It Punished Honest Businesses
KRA has ordered the removal of thousands of taxpayers from a controversial compliance blacklist after acknowledging that the system had been misused and was harming legitimate businesses.
Equity’s Mwangi Says Banks Must Adapt as Fintech Redefines Finance
Banks need to reinvent themselves around digital infrastructure, data and partnerships or risk losing relevance as financial services evolve beyond traditional banking models,
Kenya, U.K. Discuss Next Phase of Nairobi Rail Hub
Kenya and the U.K. are moving forward with plans to redevelop central Nairobi into a modern transport and commercial district, as officials review the next procurement steps
Nigerian Startup Prembly Unveils Shared Fraud Database for African Fintechs
Nigeria-based identity verification startup, Prembly, has launched an open fraud-intelligence database aimed at helping banks, fintechs and online platforms detect scams earlier
Stanbic Weathers Interest Rate Storm With Flat Profit, Record Dividend
Stanbic Holdings Plc reported profit after tax of KShs 13.72 Bn for the full year ended 31 December 2025, virtually unchanged from 2024, as nine CBK rate cuts totalling 400 basis points since August 2024 compressed total operating income 3.1% to KShs 38.51 Bn. A 47.5% drop in credit impairment charges to KShs 1.63 Bn cushioned the bottom line. The balance sheet expanded 19% to KShs 541.25 Bn, with loans up 24.4% and deposits up 23.5%. The group declared a record dividend of KShs 22.35 per share for FY2025.
Synkron Opens Industrial Automation Training Center in Nairobi
International Islamic Trade Finance Corporation Signs US$ 1bn Pact with Mauritania
LemFi secures Bank of Canada registration to strengthen position in Canada’s $8.6bn remittance market
Registration under Canada’s new Retail Payment Activities Act (RPAA) places LemFi within the country’s new robust federal supervisory framework.
Aga Khan Sells Nation Media Group Majority Stake to Tanzanian billionaire Rostam Azizi
Tanzania's first dollar billionaire Rostam Azizi is acquiring AKFED's 54.08% stake in Nation Media Group via Taarifa Ltd. Azizi, whose Taifa Group spans LPG, contract mining, aviation, and media, co-founded Mwananchi Communications in 1999 before selling out to NMG. He now returns as majority owner of East and Central Africa's largest independent media house, with regulatory approval expected within three to four months.
Fragmented Payment Systems are Slowing Africa's Trade, Rwanda's Trade Minister Says
JetBlue Briefly Grounds Flights Days After Codeshare Deal With Kenya Airways
Flights operated by JetBlue were briefly grounded after a system outage prompted the airline to request a temporary halt from the FAA. The disruption comes days after the U.S. carrier announced a new codeshare partnership with Kenya Airways to expand connectivity between Nairobi and multiple U.S. cities.