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SBM Bank net profit jumps 88pc on lower deposit costs

Nairobi, July 22 -- SBM Bank Kenya posted an 88.1 percent increase in net profit to Sh380.1 million in the half-year ended June 2026, helped by lower deposit costs and higher income from transactions.... और पढ़ें


The AI tool helping flower farms cut pesticide use

Nairobi, July 22 -- Twice every week at one of the country's largest flower farms in Naivasha, crop scouts walk through greenhouse rows of flower seedlings, pausing every few metres to key data into t... और पढ़ें


How trail of crypto, bank deals tied Kenyans to money laundering network

Nairobi, July 22 -- A network of shell companies, international remittance services, intermediary bank accounts and cryptocurrency wallets has landed two Kenyans in the crosshairs of investigators, wh... और पढ़ें


All phones, laptops to have 1-year warranty

Nairobi, July 22 -- All mobile phones, tablets, and laptops sold in Kenya must now come with a minimum one-year warranty and a return policy under new consumer protection rules, putting vendors at ris... और पढ़ें


BasiGo targets upcountry EVs with four charging stations

Nairobi, July 20 -- Electric bus maker BasiGo is rolling out four public electric vehicle (EV) charging stations in counties surrounding Nairobi, targeting inter-city public transport operators and pr... और पढ़ें


Smartphone sales slump to decade-low on AI memory chip crunch

Nairobi, July 19 -- The global smartphone market has slumped to its weakest second quarter in more than a decade as the artificial intelligence (AI) I infrastructure boom diverts memory chips away fro... और पढ़ें


Safaricom wins affordable housing internet deal

Nairobi, July 18 -- Safaricom has secured a deal to supply fibre internet to the government's Affordable Housing Programme, extending broadband connectivity to thousands of low-cost homes nationwide. ... और पढ़ें


South Africa's Absa Group ready to buy more Absa shares in open market

Nairobi, July 15 -- South Africa's Absa Group says it is ready to buy additional shares of Absa Bank Kenya in the open market beyond its current purchase of 895.9 million shares in the subsidiary thro... और पढ़ें


Hurupay exits Kenya amid anti-money laundering checks

Nairobi, July 13 -- US-based digital payments company Hurupay has stopped processing cross-border money transfers and cryptocurrencies in the Kenyan market amid increased anti-money-laundering checks.... और पढ़ें


US crypto firm exits Kenya amidanti-money laundering scrutiny

Nairobi, July 13 -- US-based digital payments company Hurupay has stopped processing cross-border money transfers and cryptocurrencies in the Kenyan market amid increased anti-money-laundering checks.... और पढ़ें