Stories By Bernard Wafula
Kenya’s exports hit by Trump-era tariffs as COMESA rallies Africa to trade within
Jul 23, 2025 at 05:27 PM
Kenya is facing fresh trade headwinds as its major exports to the United States, especially textiles, macadamia nuts, black tea, and organic coffee, begin attracting tariffs as hig...
Tullow Oil exits Kenya in Sh15.5 billion sale to Gulf Energy affiliated company
Jul 22, 2025 at 05:17 PM
Tullow Oil Plc has agreed to sell its entire stake in Kenya’s oil operations to Auron Energy E&P Limited, an affiliate of Gulf Energy Ltd, for a minimum of $120 million (about Sh...
How to get up to Sh1 million unsecured loan without visiting any NCBA branch
Jul 21, 2025 at 03:12 PM
NCBA Bank has now made it easier for customers like you to access quick, flexible loans without ever stepping into a banking hall....
Airtel Kenya finally crosses 24 million subscribers mark amid expansion plans
Jul 15, 2025 at 11:38 PM
Airtel Kenya has officially crossed the 24 million customers mark after amassing 3.01 million SIM card subscribers in the first three months of 2025....
Equity eyes global trade with new UAE office as AGM back expansion plan
Jun 27, 2025 at 11:00 AM
Equity Group Holdings Plc shareholders on Thursday gave unanimous backing to all proposals tabled during the bank’s 21st Annual General Meeting (AGM), signalling firm support for...
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Equity group to pay Sh4.25 per share in dividends following shareholder nod
Jun 26, 2025 at 12:04 PM
Equity Group Holdings Plc will reward its shareholders with a dividend of Sh4.25 per share, after receiving full approval during its 21st Annual General Meeting (AGM) held virtuall...
Over 27 local fintechs gain access to Pesalink through groundbreaking deal
Jun 25, 2025 at 01:41 PM
A new deal between Integrated Payment Services Limited (IPSL) and Kenya’s Fintech Alliance is set to reshape how financial startups plug into the country’s mainstream banking s...
How KRA’s new PAYE system will change tax filing for employers from July
Jun 25, 2025 at 11:21 AM
The Kenya Revenue Authority (KRA) has announced a significant overhaul of the Pay As You Earn (PAYE) filing process, introducing a simplified system expected to take effect from Ju...
Soren Investment Company completes acquisition of Gulf African Bank
Jun 24, 2025 at 11:03 PM
Kenya’s banking industry has recorded yet another significant foreign investment after the Competition Authority of Kenya gave the green light to Soren Investment Company Limited...
Kenya explores India’s UPI system to reshape digital payments, lower costs
Jun 23, 2025 at 10:35 PM
Kenya is holding talks that could reshape its digital payments ecosystem, as the country seeks to introduce India’s Unified Payments Interface (UPI)....
Equity takes over TransCentury and East African Cables in Sh2.2 billion loan row
Jun 21, 2025 at 12:43 AM
Equity Bank has assumed control over TransCentury and its subsidiary, East African Cables, after the expiry of court orders that had previously suspended any action....
NCBA Bank 99th branch in Kawangware, eyes SMEs with tailored financial services
Jun 20, 2025 at 08:37 PM
NCBA Bank has officially unveiled its 99th branch in Kenya, and in effect strategically planted its flag in Kawangware, a densely populated and economically vibrant area in Nairobi...
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EADB signs historic Sh5.2 billion deal for SMEs and infrastructure development
Jun 17, 2025 at 11:52 PM
The East African Development Bank (EADB) has entered into its largest financing agreement to date with the OPEC Fund for International Development, securing Sh5.2 billion to advanc...
KRA eyes AI and digital systems to close tax loopholes, strengthen VAT collection
Jun 17, 2025 at 10:57 PM
Technology is taking centre stage in the Kenya Revenue Authority’s (KRA) efforts to address tax evasion and improve the collection of value-added tax (VAT), which remains a criti...
Govt Sh4 billion annual sugar industry funding pledge fuels changeover hope
Jun 16, 2025 at 03:02 PM
The government has pledged a significant Sh4 billion yearly injection into Kenya’s sugar industry, signalling a fresh start for the sector....
National Treasury moves to clear Sh229 billion pending bills dating back to 2005
Jun 13, 2025 at 12:47 PM
Businesses, contractors and suppliers who have endured years of waiting for government payments may soon have cause for optimism, as the National Treasury has announced plans to se...
Kenya set to resume IMF talks as CBK signals new push for foreign funding
Jun 12, 2025 at 11:21 AM
Kenya will begin formal negotiations with the International Monetary Fund (IMF) in September, as the government moves to secure a new funding arrangement and undergo its scheduled ...
CBK marginally cuts benchmark lending rate in its latest review as inflation drops
Jun 11, 2025 at 03:49 PM
Kenya’s central bank has slashed its benchmark lending rate by 25 basis points to 9.75 per cent, citing easing inflation and signs of recovery in private sector credit and econom...
Equity Bank tops Kenya’s brand value ranking as Tusker records fastest rise
Jun 11, 2025 at 10:29 AM
In Kenya’s brand landscape for 2025, Equity Bank once again secured the crown as the country’s most valuable brand, with its worth rising to Sh71.3 billion, marking an 8 per ce...
Kenyan startups raise over Sh4 billion as Africa’s May tech funding hits Sh33 billion
Jun 10, 2025 at 09:08 PM
Kenyan startups secured an estimated Sh4 billion in funding in May, standing firm as the fourth most funded tech ecosystem in Africa, even as Egypt swept the month with a commandin...
