Safaricom is creating room for more customers. The telco has introduced nine new mobile number prefixes…
Category: Business
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Stanbic Holdings Records 27% Growth in Assets as Profit Jumps to 6.6 Billion
Stanbic Holdings Plc has reported a resilient financial performance for the first half of 2026, posting…
Stable Inflation and Lower Lending Rates Reduce Pressure for CBK Rate Change
Kenya’s monetary policymakers are facing little pressure to adjust interest rates. Inflation remains within the target…
TVS Motor Company Brings Smart Electric Mobility To Kenya With The Launch Of A Premium Electric Scooter
In line with its commitment to sustainable mobility on a global scale, TVS Motor Company (TVSM),…
IFC Plans KES 19.4 Billion Funding Boost for KCB’s SME Lending
KCB is set to receive fresh funding from the International Finance Corporation (IFC). The proposed KES…
Regional Growth and Digital Lending Lift NCBA Half-Year Profit
NCBA Group has posted double-digit profit growth for the first half of 2026. Strong performance in…
Absa Accelerates Credit Risk Reporting Through Automation
Absa has dramatically reduced the time needed to generate credit risk reports. The bank says reporting…
Safaricom Expands Senior Finance Executive’s Responsibilities
Safaricom has expanded the responsibilities of a key finance executive. The telecommunications firm has appointed Caroline…
Safaricom Targets Customer Loyalty with Lower M-PESA Charges and Bigger Data Bundles
Safaricom is rolling out new benefits for its customers. The telecommunications giant has reduced selected M-PESA…
Kenya’s Foreign Exchange Reserves Hit Record High After Safaricom Deal and World Bank Funding
Kenya’s foreign exchange reserves have reached a historic high. The reserves rose by $1.5 billion in…