(NAIROBI, KENYA) – Absa Bank Kenya and Co-operative Bank of Kenya recorded the highest pre-tax earnings from bancassurance among listed lenders in the first half of 2026, as banks increased their push into insurance distribution to diversify income beyond lending. Disclosures show Absa generated KES 1.1 billion (about $8.4 millionContinue Reading
(NAIROBI, KENYA) – The board of Kenya Airways has removed George Kamal as acting group managing director and chief executive officer after just over eight months in the role. He has been replaced by Habil Waswani, the airline’s company secretary and head of legal, who will also serve in anContinue Reading
(NAIROBI, KENYA) – Telecommunications operators in Kenya will be required to wait six months before deactivating and reassigning dormant mobile numbers, up from the current three-month practice, under new regulations proposed by the Communications Authority of Kenya. The change aims to give subscribers longer control over their lines but introducesContinue Reading
(NAIROBI, KENYA) – Kenyan farmers, businesses and private consumers will gain access to expanded vehicle and agricultural equipment financing under a new partnership between Absa Bank Kenya PLC and Simba Corporation. The two companies have signed a Memorandum of Understanding (MoU) that combines Simba Corporation’s automotive and agricultural machinery rangeContinue Reading
(NAIROBI, KENYA) – Visa, _able and Onafriq have partnered to help financial institutions expand access to formal credit in Kenya and other markets across Central and Eastern Europe, the Middle East and Africa, using existing debit and prepaid cards. The partnership is aimed at allowing eligible financial institutions to addContinue Reading
(NAIROBI, KENYA) – Kenya Commercial Bank (KCB) has established a medium term sustainability bond programme of up to KES 300 billion, equivalent to about $2.32 billion / £1.72 billion / €2.00 billion, to finance green, blue and social investments over more than five years. The programme is subject to regulatoryContinue Reading
(NAIROBI, KENYA) – Six major coffee buyers bought 85% of the coffee traded at the Nairobi Coffee Exchange Sale 36, showing the continued control of a few players in Kenya’s coffee auction market. The auction at Wakulima House generated KES946.98 million ($7.3 million / £5.7 million / €6.6 million) fromContinue Reading
(NAIROBI, KENYA) – Kenya is speeding up completion of the Raila Odinga International Stadium, also known as Talanta Stadium, as preparations intensify for the 2027 Africa Cup of Nations tournament. Youth Affairs, Creative Economy and Sports Cabinet Secretary Salim Mvurya said on Wednesday 19th August that the project has recordedContinue Reading
(NAIROBI, KENYA) – Kenya and Türkiye have agreed to deepen their partnership with a focus on trade, investment, transport links, security and health. The decision came during talks in Nairobi between Kenya’s Prime Cabinet Secretary and Foreign Affairs Cabinet Secretary, Musalia Mudavadi, and a Turkish parliamentary delegation. The discussions aimedContinue Reading
(NAIROBI, KENYA) – Kenya has crossed a historic threshold in the push for Universal Health Coverage (UHC), with 32.3 million people registered under the Social Health Authority (SHA), President William Ruto has said. Speaking on Tuesday during the opening of the Kenya Health Summit 2026 at the Kenyatta International ConventionContinue Reading
