SBM Bank Kenya has announced a profit before tax of Ksh 911 million for the nine months ended September 30, 2026, representing a 122 percent jump from Ksh 411 million recorded in the same period of 2025, as the bank continues to build stronger customer relationships and tighten its credit...
Safaricom convened leaders from across Kenya’s digital ecosystem at the fourth Safaricom Cybersecurity Summit to advance responsible AI adoption and strengthen the country’s cyber resilience. Held under the theme “Harnessing AI, Strengthening Security,” the summit explored AI’s dual role as both a powerful defense tool and an enabler of increasingly...
Kenya will host an international energy conference in November aimed at addressing a central challenge for Africa’s clean energy ambitions: securing the financing and partnerships needed to turn renewable resources into operating projects and industrial growth. The third KenGen Sustainable Energy Conference, scheduled for November 24 – 27 in Olkaria,...
Kenya’s motorcycle industry continues to play a key role in public transport, delivery services and small businesses, with manufacturers competing for a share of a market that supports thousands of livelihoods. Against this backdrop, TVS Motor Company has appointed Pradeep Chaurasiya as Business Head of Africa for International Business, expanding...
A new organic market has been launched in Busia to boost cross-border trade in Agroecological produce between Kenya and Uganda, while expanding access to chemical-free foods and creating new market opportunities for small-scale farmers. The market, located at Soko Mawe near the Kenya-Uganda border, is expected to provide farmers practicing...
Principal Secretary for the State Department for MSMEs Development, Susan Auma Mang’eni, has called on securities exchanges across Africa to strengthen partnerships with MSMEs to expand access to long-term growth capital and accelerate enterprise development across the continent. Speaking during the official opening of the Africa Commerce & Industry Summit...
Listed petroleum products transport and storage solutions provider Kenya Pipeline Company Plc (KPC) [NSE: KPC] posted KShs 17.54 billion profit before tax in its full-year trading results, announced today. The recently listed Company, in its first full-year results since its privatisation earlier this year, posted strong revenue growth, with Group...
Kenyans are paying more for everyday goods again, and the Central Bank of Kenya (CBK) has decided to hold its policy rate rather than act. The latest figures show prices rising even as the economy grows faster than forecast and the shilling holds its ground. Overall inflation rose to 6.8%...
Flights, and the tourism they bring, are worth about USD 3.3 billion (KSh425 Billion) to Kenya’s economy. That’s 3.1 percent of GDP and around 460,000 jobs, according to International Air Transport Association (IATA) 2023 estimates. It’s one reason the government keeps backing new routes, like Jambojet’s return to Nairobi-Entebbe this week....
Africa’s digital economy is growing at remarkable speed, opening new opportunities for people, businesses and governments across the continent. Building strong cyber resilience will be key to sustaining that momentum, according to the new Mastercard-commissioned whitepaper, Africa’s Digital Defense Race. The whitepaper highlights that between 2016 and 2025, mobile money...
