Business

Saccos urged to embrace digital solutions to enable seamless and efficient management
Savings and Credit Cooperatives (Saccos) have been encouraged to adopt digital solutions to enhance seamless and efficient management while improving service de...

KCB Signs up to the Pan-African Payment and Settlement System (PAPSS) to Boost Cross-border Transactions
KCB Group has signed up to the Pan-African Payment and Settlement System (PAPSS), reinforcing its commitment to enhancing cross-border trade and financial integ...

CFAO Mobility Kenya Unveils the BFGoodrich KO3 Tyre: A New Era of Off-Road Excellence
CFAO Mobility Kenya has launched the BFGoodrich KO3, the latest innovation in off-road tyre technology. It is designed to deliver unmatched traction, treadwear,...

British International Investment in $100m Deal with KCB for Climate and Women Funding
British International Investment (BII), the UK's development finance institution and impact investor, has announced the provision of a $100 million Tier 2 capi...

5th DTB Economic & Sustainability Forum
Earlier today, DTB held the 5th DTB Economic & Sustainability Forum themed ‘Outlook 2025: Positioning for Recovery in a Fragile Environment.’Diamond Trust Bank...

KCB Scoops Top Awards in the 2024 KBA Customer Satisfaction Survey
KCB Bank has scooped two top awards in the 2024 Kenya Bankers Association (KBA) Customer Satisfaction Survey, stamping its authority as the most customer-centri...

NCBA Leads the way in Africa on Sustainable Development Impact Disclosure reporting under new guidelines
NCBA Group published its first Sustainable Development Impact Disclosure report, a new approach to sustainability reporting under the Impact Disclosure Guidance...

EABL Records Revenue and Profit Growth in First Half, Demonstrating Resilience and Sustained Performance
On 31st January 2025, East African Breweries Plc (EABL), East Africa's leading total beverage alcohol business, announced its unaudited half-year financial re...

KCB Commits KShs. 209 million to 2025 Safari Rally
KCB Bank has reaffirmed its position as Kenya’s leading sports sponsor by renewing its commitment to the 2025 World Rally Championship (WRC) Safari Rally for th...

CFAO Mobility Kenya acquires TYDIA to become the official distributor of Michelin and BF Goodrich Tyres
CFAO Mobility Kenya has announced the acquisition of Tyre Distribution Africa (TYDIA) to become the official distributor of Michelin and BF Goodrich tyres in Ea...

KCB and Mastercard Unveil Kenya's First Platinum Multi- Currency Card
KCB Bank Kenya, in collaboration with Mastercard, has launched Kenya's only multi-currency prepaid card that supports 11 hard currencies. This innovative soluti...

Kenya Power Prioritizes Inclusion, Awards Ksh. 4.15 Billion in Tenders to Women, Youth, and Persons with Disabilities
Businesses owned by persons with disabilities (PWDs) were among the beneficiaries of the Ksh. 4.15 billion in tenders awarded by Kenya Power and Lighting (KPLC)...

EPRA Hikes Fuel Prices
The Energy and Petroleum Regulatory Authority (EPRA) has declared that, as of January 15, 2025, the prices of kerosene, diesel, and super petrol will increase.T...

KCB and CFAO Mobility Kenya ink deal to offer up to 100% vehicle financing options
KCB and CFAO Mobility Kenya have entered a strategic partnership to provide affordable vehicle financing solutions for individuals and businesses. As a result,...

Safaricom hosts Forums in Greater Western region
Safaricom has organised series of forums in the wider Nyanza and Western regions to celebrate its stakeholders including the business community, its dealers and...

KCB GROUP 2024 Q3 RESULTS ANNOUNCEMENT
KCB Group PLC recorded KShs. 45.8 billion in profit after tax for the first nine months of the year, driven by sustained revenue growth. This was a 49% growth f...

NCBA EXPANDS ITS BRANCH NETWORK TO HOMA BAY COUNTY
NCBA has expanded its footprint in Homa Bay County this sunday with the official launch of its new branch. This investment reinforces the bank’s dedication to s...

Safaricom Sambaza Furaha Spreads Holiday Cheer to Thousands in Rift Region
Christmas delights arrived early for thousands of residents in the Rift Valley, courtesy of Safaricom Sambaza Furaha campaign. The festive caravan tour kicked o...

Safaricom Investment in Technology Pays off
Safaricom (NSE: SCOM) PLC has announced KES 28.1 Billion in net income attributable to equity holders for the six months ended September 30th 2024.The strong pe...

Uber teams up with Safaricom to provide free data for drivers and riders in Kenya
Kenyans will now have free access to the Uber app following a partnership between Uber and Safaricom to provide free mobile data to app users to enable easier d...