KCB records 20.8% jump in half-year profit
KCB Group PLC has announced a KSh49.3 billion pre-tax profit for the first half of 2026, marking a 20.8% increase compared to the same period last year. The strong financial…
Dangote Reveals $16 Billion Kenya Refinery Plan
Nigerian billionaire Aliko Dangote has revealed that plans to construct a massive 700,000-barrel-per-day oil refinery in Kenya have advanced significantly, with groundbreaking expected by October. The proposed project could become…
Bezos Eyes £1.35bn Liverpool Stake in Shock Deal
Liverpool could be heading for a major change in ownership after Amazon founder Jeff Bezos reportedly joined a billionaire consortium closing in on a deal to acquire a significant minority…
Nairobi Property Market Defies Economic Pressure
Nairobi’s residential property market remained resilient during the second quarter of 2026, with property prices in the city’s suburbs continuing to rise despite a challenging economic environment. However, satellite towns…
Stanbic Kenya Foundation Opens Digital Learning Centre in Embu
The Stanbic Kenya Foundation has launched a state-of-the-art Digital Learning Centre at ACK Kiamuringa School in Embu County, marking a major step towards expanding digital literacy and improving access to…
Ena Coach Announces New Bus Fares for Nairobi, Mombasa
Popular long-distance bus operator Ena Coach has announced revised fares for passengers travelling to and from several towns across Kenya, including Nairobi and Mombasa. The new fare schedule, published on…
CBK Licenses 25 More Digital Credit Providers in Kenya
The Central Bank of Kenya (CBK) has licensed 25 additional Digital Credit Providers (DCPs), increasing the total number of approved digital lenders in the country to 252 as it continues…
Old Mutual Financial Wellness Drive Arrives in Mombas
Old Mutual has extended its nationwide Financial Wellness Drive to Mombasa, bringing practical financial education, expert advisory services, and customized financial solutions to individuals, entrepreneurs, and businesses across Kenya’s Coast…
MMF vs SACCO: Which Investment Is Better in Kenya?
When looking for a safe place to grow your money in Kenya, two popular options stand out: Money Market Funds (MMFs) and Savings and Credit Cooperative Organizations (SACCOs). Both can…