April 16
Kenya: Equity Bank Expands Money Transfer Services to 30 Countries
Equity Bank has expanded its money transfer services to over 30 countries through a new deal with Mastercard, a global payment platform. Read more »
April 09
Kenya: President Ruto - Hustler Fund Will Be Shariah Compliant
The Hustler Fund will be recalibrated to allow Muslims consume the product. Read more »
February 12
Kenya: 2 'Super Rich' Cards Unveiled By KCB, Visa
The Kenya Commercial Bank (KCB) and Visa have rolled out two cards that target those earning above Sh300,000. Read more »
January 25
Kenya: Old Mutual to Dispose of Tanzanian Unit to a Minority Shareholder
Old Mutual Limited is in the process of selling its Tanzania unit to a minority shareholder, pending regulatory approval. Read more »
December 13, 2023
Kenya: Copia Inks a Deal With Visa for Digital Financial Services
Global and Visa have partnered to provide digital financial services to middle- to low-income consumers in Kenya. Read more »
December 05, 2023
Kenya: MCL Is Not a Licensed Microfinance Institution, CBK Warns
The Central Bank of Kenya (CBK) has warned Kenyans that Momentum Credit Company Limited (MCL) is not a registered microfinance institution. Read more »
December 01, 2023
Kenya: KCB Named Best Bank in Kenya for Sustainable Finance
Kenya Commercial Bank (KCB) Group has been named Best Banks of the Year during a gala dinner yesterday by the Banker Magazine in the United Kingdom. Read more »
November 23, 2023
Kenya: Family Bank CEO Rebecca Mbithi's Term Ends After 5 Years At the Helm
Rebecca Mbithi, who has been the Managing Director and CEO of Family Bank for five years, has ended her term. Read more »
November 09, 2023
Kenya: Equity Bank Recognized for Financing Trade in Africa
Equity Bank has been recognized for financing trade projects in Africa during this year's Trade Awards for Africa. Read more »
Kenya: Absa Bank Eyes Kenyans in the Diaspora With an Online Banking Solution
Kenyans living abroad will enjoy more banking services after Absa Bank Kenya introduced a new digital solution. Read more »
November 02, 2023
Kenya: Airtel Money Reduces Mobile to Bank Transfer Charges
Airtel Money has today cut its mobile money transaction charges from mobile to banks. Read more »
October 26, 2023
Kenya: Kenya Re Introduces Re-Insurance Training Academy
Firms and individuals will receive training on re-insurance products through Kenya Re's Training Academy. Read more »
October 25, 2023
Kenya: Absa to Double Sustainable Financing to Sh120 Billion
Absa Bank PLC today announced plans to double sustainable financing to Sh120 billion over the next two years. Read more »
October 23, 2023
Kenya: EACC Warns State Officers Who Fail to Declare Foreign Bank Accounts of Stiff Penalties
The Ethics and Anti-Corruption Commission (EACC) has raised concerns about the failure of State and Public Officers to declare ownership of bank accounts outside Kenya and their… Read more »
October 19, 2023
Kenya: KCB Targets High-Net-Worth Individuals With Premium Cards
High-net-worth individuals will access premium banking services at KCB Bank Kenya following the rollout of a World Elite Exclusive Credit Card yesterday with Mastercard. Read more »
October 12, 2023
Kenya: Experts Welcome Move to Regulate Islamic Financing
Financial experts, primarily drawn from the Islamic faith, have welcomed the move to establish a legal framework to regulate their institutions in the country. Read more »
October 05, 2023
Kenya: Equity Eyes East African Regional Trade Through Cross-Border Banking
Equity Bank seeks to boost East African regional trade through the introduction of real-time cross-border payments and banking solutions. Read more »
October 02, 2023
Kenya: Absa Eyes Chinese Investors With a New Desk
Chinese investors and businesspeople operating in Kenya and East Africa will access banking services after the relaunch of the China Desk by Absa Bank Kenya. Read more »
September 27, 2023
Kenya: African Development Bank Blacklists Kenyan Firm Over Fraud
The African Development Bank (AfDB) has blacklisted Joycot General Contractors Limited for engaging in fraudulent practices. Read more »
September 26, 2023
Kenya: NCBA Seeks Full Ownership of AIG Insurance
NCBA Group Board of Directors has approved the full acquisition of AIG Kenya Insurance Company Limited for an undisclosed amount. Read more »
September 18, 2023
Kenya: Safaricom, Britam to Allow Kenyans to Buy Insurance Covers for as Little as Sh25 Daily
Customers using Safaricom services will now be able to buy insurance covers for as little as Sh25 through a deal with Britam Kenya. Read more »
September 21, 2023
Kenya: Safaricom Increases M-Pesa's Each Transaction Limit to Sh250,000 After CBK Nod
Safaricom has today increased each transaction on M-Pesa to Sh250,000 from Sh150,000 after getting approval from the Central Bank of Kenya (CBK). Read more »
September 04, 2023
Kenya: Safaricom in a Sh15 Billion Deal With Kenyan Banks to Fund Sustainable Programs
Safaricom has entered into an agreement with a consortium of Kenyan banks to support its environmental, social, and governance (ESG) agenda. Read more »
September 14, 2023
Kenya: National Assembly Okays Musangi Nomination as CBK Board Chairperson
The National Assembly has approved the nomination and subsequent approval by the Joint National Assembly and Senate Finance Committee of Andrew Musangi to the next chairperson of… Read more »
September 13, 2023
Kenya: CBK Chairperson Nominee Andrew Musangi Vows to Enhance CBK Scrutiny
The nominee for the Chairperson for the Central Bank of Kenya Andrew Musangi has recommended the oversight and scrutiny of the Central Bank of Kenya especially when it comes to… Read more »