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News
Kenya’s new lending rules put AI-driven credit decisions and borrower assessments under scrutiny
Kenya’s digital lending regulations now place specific obligations on providers using artificial intelligence to make credit decisions, requiring them to…
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News
Quickmart IPO attracts Sh18.4 billion in demand as foreign investors take a strong position ahead of NSE debut
Quickmart’s IPO attracted applications worth Sh18.4 billion against a Sh15 billion target, with foreign investors accounting for a substantial share…
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News
Nedbank’s NCBA takeover gives Kenyan investors a stake in South Africa as the lender expands its African banking footprint
Nedbank’s acquisition of a controlling interest in NCBA has given former shareholders of the Kenyan lender an equity position in…
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News
Equity Bank turns to court to recover Sh1.49bn allegedly diverted through payroll accounts and cryptocurrency
The High Court has authorised Equity Bank to freeze accounts holding Sh303.2 million in connection with an alleged Sh1.49 billion…
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News
Gopal Vittal returns as GSMA chair as Airtel and MTN deepen their bets on Africa’s AI-driven digital economy
The re-election of Gopal Vittal as chair of the GSMA comes as major telecommunications operators reposition their businesses around artificial…
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News
Two billion people remain offline as global internet access reaches 6.3 billion users
An estimated two billion people remain offline globally despite internet adoption reaching 6.3 billion users in 2026, exposing persistent inequalities…
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News
Ghana assumes leadership of AU ICT committee as Africa works towards a single digital market
Ghana’s Minister for Communication, Digital Technology and Innovations, Samuel Nartey George, has been appointed chair of the African Union ICT…
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News
East Africa puts universities at the centre of its regional AI ambitions
The East African Community (EAC) has adopted a regional artificial intelligence strategy that places universities at the centre of its…
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News
Kenya wants social media platforms to verify children’s ages and obtain parental consent
Social media companies operating in Kenya could face fines of up to KSh500 million or 10% of their annual global…
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News
US investors increase Kenyan holdings by 45% to Sh258 billion as government debt attracts foreign capital
American investors increased their portfolio holdings in Kenya by 45 percent in 2025 to Sh258 billion ($1.9 billion), marking the…
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News
Card fraud overtakes mobile banking as Kenyan banks count the cost of Sh1.9 billion in losses
Kenyan bank fraud losses reached a record Sh1.9 billion in 2025 as criminals exploited weaknesses in card payments, mobile banking…
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News
Kenya targets Sh65 billion in startup financing as venture capital funding falls 45 percent
The Nairobi International Financial Centre (NIFC) plans to establish a Sh65 billion ($500 million) Kenya startup fund to finance technology…
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News
Equity Group’s KSh99.5bn sustainability investment spans business finance, healthcare and education
Equity Group Holdings invested KSh99.5 billion (US$771 million) in social impact and sustainability initiatives in 2025, with its latest report…
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News
Safaricom sees a bigger opportunity in helping M-PESA merchants manage and finance their businesses
Safaricom wants M-PESA to play a larger role in how businesses operate, with plans to extend its merchant services into…
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News
Safaricom’s My OneApp reaches 4.5 million monthly users as legacy app migration continues
Safaricom’s My OneApp has reached 4.5 million monthly active users following a launch that CEO Peter Ndegwa acknowledged disappointed some…
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News
Safaricom Ethiopia’s losses fall sharply as the telecom business approaches a new financial phase
Safaricom Ethiopia narrowed its EBITDA loss by 96.5% to KSh434.4 million in the six months ended September 2026, as service…
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News
Safaricom is betting that more M-PESA transactions will deliver value beyond payment fees
M-PESA processed 12.9 billion chargeable transactions in the first half of FY27, an increase of 48.2%, while revenue from the…
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News
Safaricom’s half-year profit climbs to KSh58.2 billion as Ethiopia’s losses narrow sharply
Safaricom reported a 35.9% increase in net income to KSh58.2 billion for the six months ended September 30, 2026, as…
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News
Kenya’s teenage investors more than double as stock market recovery draws a younger generation to the NSE
The number of teenage investors holding shares at the Nairobi Securities Exchange (NSE) has more than doubled in nine months,…
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News
Kenya wants Meta, TikTok and X to report unlawful content under proposed social media law
Kenya is proposing new social media regulation that would require Meta, TikTok, X and other digital platforms to report unlawful…
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News
Chinese vehicle brands nearly double their share of Kenya’s new vehicle market as truck sales surge
Chinese vehicle manufacturers in Kenya nearly doubled their share of new vehicle sales in the nine months to September 2026,…
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News
Kenya is growing, but weak private investment continues to limit the economy’s job-creation potential
Kenya’s economic growth outlook remains positive, but the country’s ability to attract private investment and create productive employment will determine…
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News
Kenya wants alternative infrastructure funding, but questions remain over who carries the financial risk
Kenya’s infrastructure financing plans are bringing pension capital, securitisation and future revenue streams into a wider debate about how the…
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News
A proposal to put someone in charge of Kenya’s growing regulatory burden
Kenya’s cost of doing business is back in focus after David Ndii proposed a dedicated function to oversee regulatory requirements…
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News
Kenya’s exporters could get a dedicated cargo solution under Kantaria’s two-aircraft proposal
Kenya Airways cargo operations could play a greater role in supporting agricultural exporters under a proposal by Dr Bimal Kantaria…
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News
Kenya’s technical education pipeline meets the growing demand for internationally connected business services
Kenya’s technical education system is becoming an important part of the discussion about the country’s ability to supply workers for…
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News
Kenyan banks are being asked to finance more SMEs, and digital banking could help them reach businesses overlooked by traditional lending
Kenyan banks are facing renewed calls to direct more financing towards small and medium-sized enterprises, raising an important question for…
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News
Kenya faces a difficult fiscal balancing act as its next budget climbs to Sh5.4 trillion
Kenya’s 2027/28 budget is projected to reach Sh5.4 trillion, with recurrent expenditure exceeding Sh4 trillion and a fiscal deficit of…
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News
CMA proposes sweeping REIT reforms to attract retail investors and unlock more property development financing
The Capital Markets Authority (CMA) is proposing to reduce the minimum investment required in Kenya’s regulated real estate investment trusts…
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News
As more Kenyans enter the investment market, CMA adjusts its approach to regulation
Kenya’s capital markets are attracting more investors as money market funds, exchange-traded funds (ETFs), real estate investment trusts (REITs) and…
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BUSINESS
Nedbank takes control of NCBA as 1.087 billion shares change hands in KSh107.7 billion NSE transaction
Nedbank Group has secured a 66% controlling stake in NCBA Group after 1.087 billion shares in the Kenyan lender changed…
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News
Kenya’s crypto market records KSh740bn as stablecoins drive activity
Kenya’s crypto market recorded KSh740 billion ($5.7 billion) in transactions in the year to June 2026, according to blockchain analytics…
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News
Kenya’s sustainable finance ambitions depend on better data inside its banks
Kenya’s banks will need stronger ESG reporting systems, better climate data and more consistent monitoring tools to implement a new…
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News
Safaricom HY2027 results: Analysts expect stronger earnings as Ethiopia losses shrink
Safaricom PLC is expected to report a 28.9% increase in shareholder-attributable profit for the first half of its 2027 financial…
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News
Jubilee turns to Juan Cazcarra as Kipng’etich exits after major changes to its insurance business
Jubilee Group has appointed Juan Cazcarra as its new Group Chief Executive Officer, effective December 1, 2026, succeeding Dr. Julius…
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News
NSE adds Family Bank to banking index as WSA ETF listing approaches
The Nairobi Securities Exchange (NSE) has added Family Bank to its Banking Sector Index, expanding the benchmark to 12 listed…
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Gadgets
Samsung’s Galaxy A production cuts point to a wider shift in its smartphone strategy
Samsung is reportedly planning to cut Galaxy A production by at least 10% in 2027 as rising memory prices and…
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News
KRA chair revives debate over phone taxes as Kenya tightens controls on cargo imports
Kenya Revenue Authority (KRA) Board Chairperson Ndiritu Muriithi has defended the proposed KRA phone tax, arguing that large importers exploit…
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Gadgets
Samsung spent four generations refining under-display cameras before dropping them. Could the Galaxy Z Fold9 bring them back?
Samsung could be preparing to bring back a smartphone camera technology it abandoned after four generations of Galaxy Z Fold…
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BUSINESS
Inside Peter Ndegwa’s strategy to grow Safaricom’s financial and digital services business
Safaricom is expanding M-Pesa into investments and wealth management, developing more services for merchants and bringing its digital products together…
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News
Kenya’s Treasury confronts a growing funding squeeze as new spending commitments pile up
Kenya’s supplementary budget for the 2026/27 financial year will have to accommodate new government spending commitments as revenue collections fall…
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News
Airtel Kenya spends Sh8.4 billion to secure 100 MHz of 5G spectrum for 25 years
Airtel Kenya has paid $65 million (approximately Sh8.4 billion) for 100 MHz of spectrum in the 3500 MHz band, securing…
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News
Thugge tells Treasury to rein in domestic borrowing as CBK seeks lower lending rates
Central Bank of Kenya (CBK) Governor Kamau Thugge has called on the National Treasury to reduce government borrowing from the…
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News
Thugge defends higher bank capital requirements as CBK engages Treasury over new timeline
The Central Bank of Kenya (CBK) is continuing to engage commercial banks over a KSh5 billion capital target for December…
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News
Thugge links Kenya’s shilling stability to billions in capital inflows and reserve accumulation
Central Bank of Kenya (CBK) Governor Kamau Thugge has attributed the stability of the Kenyan shilling to improving balance-of-payments conditions,…
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News
CBK and bankers develop electronic collateral registry to help borrowers switch lenders
The Central Bank of Kenya (CBK) and the Kenya Bankers Association (KBA) are developing an electronic collateral registry intended to…
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News
CBK explores artificial intelligence to improve inflation forecasts and track Kenya’s economy
The Central Bank of Kenya (CBK) is expanding its use of artificial intelligence across its operations, with nearly 300 use…
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News
Africa’s AI ambitions face a costly infrastructure question: who will provide the computing power?
Africa’s ability to develop and deploy artificial intelligence will depend partly on access to affordable computing infrastructure. AI systems require…
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News
Africa has built more payment networks, but regional businesses still face barriers moving money
African cross-border payment systems have expanded across the continent, but businesses trading between countries still face difficulties moving money through…
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News
African startups are being pushed to think beyond venture capital and towards local exits
African startup founders are being encouraged to look beyond venture capital as regulators and investors consider how local capital markets…
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News
Africa’s digital economy cannot scale without fixing the infrastructure behind the apps
Africa’s digital economy depends on more than smartphones, internet access and online platforms. Businesses that use digital tools to reach…
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News
African fintech companies want a bigger role in how businesses operate, not just how they get paid
African fintech companies are expanding beyond payment acceptance as they seek to provide the financial and operational services businesses need…
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News
High Court rules against Bolt over removal of Toyota Sienta vehicles from higher-paying XL category
The High Court has ordered ride-hailing firm Bolt to reinstate Toyota Sienta vehicles in its XL category after finding that…
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News
The business of satellite internet in Africa is becoming a fight over distribution
Satellite operators can own the infrastructure that connects remote communities to the internet, but they do not always control how…
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News
Banks and fintechs face a new VAT bill as Kenya changes digital payment tax rules
Banks and fintechs in Kenya are preparing to apply a 16% Value Added Tax (VAT) to fees charged for digital…
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News
KRA and Safaricom explore using M-Pesa to issue tax invoices for small businesses
The Kenya Revenue Authority (KRA) is in discussions with Safaricom over M-Pesa tax invoicing for businesses, with the proposed arrangement…
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News
FirstRand renews its search for a Kenyan bank as regional rivals compete for growth
South Africa’s FirstRand Group is pursuing a Kenyan bank acquisition as regional lenders compete for a larger share of East…
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News
Safaricom reports KSh21.1 billion in assets under M-PESA wealth management
Safaricom reported 2.2 million active customers for its M-PESA wealth management service and KSh21.1 billion in assets under management in…
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News
M-PESA processed 46.4 billion transactions as Safaricom expanded merchant services
Safaricom’s M-PESA merchant network reached 3.13 million businesses in the financial year ended 31 March 2026, as the mobile money…
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News
Safaricom joins Jamii’s legal fight over Kenya’s revised spectrum fees
Safaricom has won a High Court bid to join a dispute challenging the Communications Authority of Kenya’s revised spectrum fees,…
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Reviews
itel Power 80 review: A rugged budget smartphone that puts battery life and everyday durability first
Itel launched the Power 80 a few months ago, and we’ve been using it for a good amount of time…
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News
Kenya’s pension savings problem runs deeper than contributions as Jacqueline Karasha prepares to lead Sanlam Allianz
Kenya’s retirement savings challenge extends beyond getting people to contribute to a pension. It also concerns whether workers can keep…
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News
Standard Chartered Kenya leans on wealth management and global reach as banking competition shift
Standard Chartered Kenya is concentrating on wealth management, international banking and trade finance as it defines its position in a…
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News
Kenya’s stock market boom delivers a windfall for brokers as trading surges
Kenya’s stock market boom is delivering a financial windfall for stockbrokers and other market intermediaries, with equity turnover at the…
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News
More Kenyans turn to stocks as NSE investor numbers hit 2.36 million
The Nairobi Securities Exchange (NSE) added 333,043 investors in the nine months to September 2026, more than three times the…
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News
Kenyan farmers turn to Saccos and banks as farm borrowing rises
Kenyan farmers are turning more frequently to Saccos and commercial banks for farm credit, as the proportion borrowing to finance…
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News
Why Kenya’s foreign-currency deposits have climbed to Sh1.52 trillion
Kenya’s foreign-currency deposits have climbed to Sh1.52 trillion as businesses and wealthy households build financial buffers against economic uncertainty, protect…
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News
Stablecoins can move money quickly, but African employers still have to make sure workers receive the right amount
Stablecoin payroll requires employers to consider the amount workers actually receive, not simply how quickly a digital asset moves across…
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News
Tim Draper wants African governments to allow Bitcoin-based businesses and rethink how money moves
Venture capitalist Tim Draper believes Africa could leapfrog traditional financial systems by moving towards a Bitcoin-based economy, arguing that the…
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News
African tokenisation could widen access to property, but ownership rights remain central to investor confidence
Real-world asset tokenisation could give more African investors access to property, shares and other assets, but the rights represented by…
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News
Africa has built sophisticated domestic payment systems, but businesses still struggle to move money across borders
African cross-border payments remain difficult for businesses despite advances in domestic payment systems, according to Kelechi Uchegbulam, chief executive of…
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News
NIFCA plans $250 million fund as Kenya confronts the question of who finances African innovation
The Nairobi International Financial Centre (NIFCA) is working to establish a $250 million technology and AI fund to invest in…
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News
APA Apollo takes control of two Tanzanian insurers as regional expansion gathers pace
APA Apollo has expanded its presence in Tanzania after completing the acquisition of majority stakes in two local insurers, adding…
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News
Uber Kenya must face court case over rider account deactivations
Kenya’s High Court has rejected Uber Kenya’s attempt to exit a lawsuit brought by 37 motorcycle riders who say their…
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News
Safaricom Family Share offers convenience as rivals push down fibre prices
Safaricom Family Share adds mobile data or voice minutes to a Home Fibre subscription for up to five family members,…
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News
Dangote secured KPC stake after pension funds failed to get Sh9.50 per share
Aliko Dangote secured a 24.7% stake in Kenya Pipeline Company (KPC) for KSh42.5 billion after rejecting a Sh9.50-per-share offer from…
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News
How Jaza Supermarket, Kuku Foods, and Visa connect back-end operations to drive digital commerce in Kenya
Digital commerce is often discussed in terms of apps, online storefronts and digital payments. But retail systems integration is becoming…
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News
How Glovo’s AI shopping assistant achieves a 41% conversion rate by replacing traditional app browsing
AI shopping assistants are beginning to play a role beyond product research, with Glovo reporting that customers arriving through AI-assisted…
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News
How Jaza Supermarket uses WhatsApp ordering, Glovo integrations, and M-PESA to streamline neighbourhood retail
Jaza Supermarket’s approach to online retail starts with a simple decision: make it easier for customers to order through tools…
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News
How changing consumer habits and neighbourhood constraints are defining the future of digital commerce in Kenya
Digital commerce in Kenya is increasingly shaped by where customers live, what they need nearby and how much effort it…
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News
Why checkout trust and security will define the future of AI agent payments
AI assistants are making it easier for consumers to search for products and compare options, but allowing software to complete…
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News
Before buying cybersecurity services, Kenyan businesses need to ask better questions
Choosing cybersecurity services for Kenyan businesses requires more than comparing monthly fees or counting the features listed in a proposal.…
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News
Kenya records over 11 billion cyber threat events as attack volumes continue to rise
Kenya cyber threat statistics provide a useful view of the pressure facing the country’s digital infrastructure, but the figures need…
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News
As businesses give AI agents more control, security risks grow
AI agent security is becoming a practical concern for businesses that connect artificial intelligence tools to email, internal documents, customer…
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News
Kenyan banks lose ground in Africa as shilling gains fade and rivals pull ahead
Kenyan banks have lost ground in Africa’s banking rankings after the shilling’s appreciation against the US dollar in 2024 gave…
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News
Kenya’s electric boda boda market depends on whether lower running costs outweigh financing and battery expenses
Electric motorcycles can change the cost structure of commercial riding, but lower running costs do not automatically translate into better…
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News
Solar ownership, leasing or a power purchase agreement? The decision facing Kenyan businesses
For a Kenyan business considering commercial solar, the central question is not only whether solar electricity costs less than grid…
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News
Ardena launches an ESG reporting platform designed around the data and compliance needs of East African businesses
Ardena Consulting has introduced the Ardena Platform, an ESG data-management and reporting system designed to help businesses in Kenya and…
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News
Dangote’s KPC stake puts Kenya’s fuel infrastructure in focus
Aliko Dangote’s acquisition of a 24.76% stake in Kenya Pipeline Company (KPC) places one of East Africa’s most important petroleum…
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News
Kenya orders urgent action on PHP vulnerabilities affecting government websites
Kenya’s government has issued a critical cybersecurity advisory directing ministries, departments and agencies to secure websites and web applications running…
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News
Safaricom offers small businesses 40 Mbps fibre with built-in cybersecurity
Safaricom is promoting a 40 Mbps business fibre package at KSh 3,499 per month, targeting small businesses that need reliable…
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BUSINESS
UK government takes a stake in Quickmart as KSh15bn IPO nears close
The UK government has subscribed KSh1.94 billion to Quickmart’s initial public offering (IPO), taking up approximately 13% of the KSh15…
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News
M-PESA Jumbe is now live, giving Kenyans a more private way to prove payments
“Nionyeshe message” is a familiar request after paying through M-PESA. At a petrol station, restaurant or local shop, customers are…
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News
Samsung Galaxy A38 and A58 leaks suggest different camera upgrade priorities
Samsung Galaxy A38 and A58 camera leaks suggest the company’s next midrange smartphones could take different approaches to imaging upgrades.…
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News
Kenya’s capital markets gain ground as NSE rally lifts country to fifth in Africa
Kenya has climbed to fifth place in the 2026 Absa Africa Financial Markets Index, buoyed by stronger stock and bond…
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News
Bolt, Uber and Glovo compete to own more of Kenya’s everyday spending
Bolt has entered Kenya’s subscription market with Bolt Plus, offering cashback on rides, delivery benefits and priority access to drivers…
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News
Kenyan investors look beyond money market funds as returns fall
Kenya’s money market fund returns have fallen to an average of 9.3% after fees, down from 9.9% a year earlier,…
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News
Dell and NTT Data target the cost and data concerns holding back business AI
Locally hosted AI is emerging as an option for Kenyan businesses seeking to adopt artificial intelligence without investing in large…
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News
Mudavadi-linked investors agree to buy back Absa’s insurance stakes in a Sh3bn deal
Investors linked to Prime Cabinet Secretary Musalia Mudavadi and Lamu Governor Issa Timamy have agreed to pay Sh3 billion to…
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News
Samsung launches the Galaxy A18 and A08 in Kenya with different priorities for buyers
Samsung Electronics East Africa has launched the Samsung Galaxy A18 LTE and Galaxy A08 LTE in Kenya, with prices starting…
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News
Samsung Galaxy S26 long-term review: The everyday experience, up close
The year is wrapping up, and after using the Samsung Galaxy S26 way past its honeymoon period., my review comes…
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