More than half of Kenya’s bank branches are located in only four counties, highlighting the country’s uneven distribution of wealth. Out of 1,475 outlets, 819 branches,...
In the three months leading up to March 2023, Airtel Kenya saved Sh7.5 billion in taxes, suggesting a trend toward profitability for the following year. According...
In the three months ending in March 2023, Equity Group’s profit after tax increased by 6.6 percent to Sh12.3 billion, boosted by an increase in non-funded...
In order to expand its operations into the larger East African market, Nigerian fintech startup Grey has chosen Kenya as its East African hub. The expansion...
Starting on June 1st, 2023, all VAT-registered businesses must only accept electronic invoices from registered taxpayers. The move is compliant with the VAT (Electronic Tax Invoice)...
In a recent development intended to stop spamming and identity theft incidents, M-Pesa users can now send money on the mobile platform while hiding their personal...
Kirinyaga’s smallholder tea manufacturers have urged the government to find other sources of finance for the Kenya Tea Development Agency Management Services (KTDA-MS) and comparable organizations...
An overdraft facility has been launched by Safaricom and KCB Bank Kenya (KCB) to allow business owners to access goods on credit. The ‘Fuliza ya Biashara’...
Due to a rise in demand from real estate investors who are developing apartments, the price of land in Ruaka has surged ahead of those in...
I&M Bank doubled the limit for salaried customers’ access to personal loans from Sh5 million to Sh10 million without requiring collateral. The lender declared on Wednesday...