Nairobi, Aug. 11 -- Lending to households and businesses by commercial banks hit a 28-month high in June 2026 as lenders continued to pass on the gains of cheaper credit to their clients, the Central ... Read More
Nairobi, Aug. 6 -- Airtel Kenya has received a 25-year licence, ending uncertainty over its operations after being offered a temporary permit until January 2027. The telecoms operator said the Commun... Read More
Nairobi, Aug. 6 -- Airtel Kenya has received a 25-year license, ending uncertainty over its operations after being offered a temporary permit until January 2027. The telecoms operator said the Commun... Read More
Nairobi, Aug. 6 -- After serving in Airtel's smaller West African markets of Chad and Congo (Brazzaville), Jibril Tobe was tapped as Kenya CEO a month ago, with the challenge of pushing the Kenya unit... Read More
Nairobi, Aug. 3 -- Commercial banks expect the Central Bank of Kenya (CBK) to keep its benchmark rate unchanged at 8.75 percent at its policy meeting next week amid ongoing uncertainty in the Middle E... Read More
Nairobi, Aug. 3 -- Airtel on Monday launched a product to rival Safaricom's Pochi la Biashara, triggering a price war that has cut the cost of customer transfers to micro-businesses' wallets to zero. ... Read More
Nairobi, Aug. 2 -- Fund manager Nabo Capital will continue operating as an independent entity even after its acquisition by Rock Investment Bank in June. The leadership of the acquirer says both enti... Read More
Nairobi, Aug. 2 -- Spending on public debt repayments and pensions has for the first time gobbled up half of Kenya's domestic revenues in the year to June 2026, underlining the burden of loans and tak... Read More
Nairobi, Aug. 2 -- On March 4, an unfamiliar face sat next to Treasury Cabinet Secretary John Mbadi during a news conference following the successful initial public offering (IPO) of Kenya Pipeline Co... Read More
Nairobi, July 30 -- Safaricom Plc's funding contribution to its Ethiopian startup rose by Sh1.4 billion in three months to June 2026, underlining the telecoms increased interest in the business co-own... Read More