The Central Bank of Kenya (CBK) has licensed an additional 42 Digital Credit Providers (DCPs), raising the total number of approved firms operating in the country to 195. In a statement, the CBK said the licensing was conducted in line with Section 59(2) of the Central Bank of Kenya Act. […]
Month: December 2025
Safaricom Foundation has announced the handover of a newly constructed and fully equipped Mother and Child Unit at Vihiga Teaching and Referral Hospital, marking a major milestone in enhancing maternal and child healthcare services in the county. In a statement shared on its official social media platforms on Tuesday, the […]
The Capital Markets Authority (CMA) has licensed Safaricom Plc and Airtel Money Kenya Limited to operate as Intermediary Service Platform Providers (ISPPs), in a move expected to deepen digital access to Kenya’s regulated capital markets. In the same announcement, the regulator approved CC Kenya Securities Limited, trading as Capital.com, to […]
StarTimes Media has launched a festive season promotion that promises to bring more joy and entertainment to families across the country. The pay-TV provider is offering a free upgrade on existing subscriptions, giving customers access to additional kids’ channels and premium content at no extra cost. The campaign, running until […]
Optiven Limited has unveiled an end-of-year investment incentive aimed at rewarding customers who make lump-sum property investments during the festive season. Under the campaign, investors will receive Sh3,000 for every Sh300,000 invested, with the cash bonus applicable to both ongoing property redemptions and new investments across all Optiven projects. The […]
Kingdom Bank Limited has announced a reduction in its lending rates, effective immediately for new borrowers, following the recent downward adjustment of the Central Bank Rate (CBR) by the Central Bank of Kenya (CBK). The move, which aligns with the industry-wide KESONIA (Risk-Based Credit Pricing Model), comes after the CBK’s announcement on […]
The recently announced UAE’s $1 billion (Sh128.99 billion) AI for Development initiative presents an opportunity for Kenya to move from policy ambition to practical implementation, particularly in digital public infrastructure, agriculture and health. The announcement was made during the speech delivered by Sheikh Khaled bin Mohamed bin Zayed Al […]
A new AutoGas (LPG) fuelling station has opened in Eldoret, adding to Kenya’s limited but growing infrastructure for alternative transport fuels as motorists grapple with high fuel prices and pressure to cut emissions. The station, established through a partnership between Oryx Energies and Gasfil Kenya, targets private motorists and commercial […]
The Safaricom Green Bond has attracted strong interest from individual investors, with retail participants accounting for 96 per cent of all applications during its first issuance. Safaricom PLC on Tuesday marked the formal listing of the bond at the Nairobi Securities Exchange (NSE), confirming that 2,453 individual investors took part […]
SportPesa shareholder and former chairman Paul Wanderi Ndung’u has been ordered to pay for the costs of a lawsuit he had filed against the betting firm and lost in the United Kingdom (UK). High Court Judge, Justice Edwin Johnson sitting in the Business and Property Courts of England and Wales […]
