Business & Economy
New findings show how the giant society’s board siphoned huge cash from the entity through monthly allowance and numerous meetings, forcing the regulator to step in to protect members’ contributions. Uncover the stories others won’t tell. Subscribe now for exclusive…
The latest data published by the Central Bank of Kenya shows the lending rate, as at June 2025, stood at 15.28 per cent. [Courtesy] When Kenya Bankers Association (KBA) Chief Finance Officer Kennedy Mutisya presented the innovative idea on…
From left: Equity Life Assurance (Kenya) Limited MD Angela Okinda, Equity Group CEO, Dr James Mwangi,…
President William Ruto (centre), NCPB Regional Manager North Rift Gilbert Rotich (right), Uasin Gishu Agriculture CEC…
MTN Uganda reported top-line growth in the first half of 2025, with total service revenue increasing…
Absa Bank Kenya launches country’s first 110 per cent Eco-Home Loan to finance energy-efficient and climate-resilient housing.[iStock] Kenya’s mortgage market is transitioning into green finance, offering new options for buyers to finance energy-saving and climate-resilient homes. The latest example is…
Premier Bank has launched an omnichannel digital banking platform and Kenya’s first wearable payment solution, signaling its intent to capture the nation’s mobile-first consumer…
Business Weekly Round Up
U.S. President Donald Trump speaks after signing executive orders in the Oval Office of the White House May 23, 2025 in Washington, DC. [AFP]…
Equity Group CEO James Mwangi. [James Wanzala, Standard] Equity Bank Kenya and Equity Group Foundation have signed a new partnership with the International Finance…
The Sugar Bill signed into law by President William Ruto in November last year was a Trojan horse for the 4% Sugar Development Levy…
Pan-Africa e-commerce platform Jumia Technologies has slashed its loss before tax to US$16.5 million in the first quarter of 2025, down from US$39.6 million…