Nedbank’s NCBA Takeover Offer Explained: What the 66% Bid Means for Shareholders
Nedbank Group Limited has moved to take control of NCBA Group Plc through a partial tender offer that allows existing investors to sell up to 66% of their holdings, while leaving the remaining shares trading on the Nairobi Securities Exchange. NCBA said it was served on Jan. 21 with a notice of intention from Nedbank […]
How Kenya’s Digital Payment Systems Work: M-Pesa, Banks & Payment Switches
Kenya’s digital payment system is built on a layered infrastructure where mobile money platforms, commercial banks and central bank settlement systems operate in parallel. By 2026, that structure is moving toward tighter interoperability, driven by regulatory standards and cloud-native core banking upgrades that allow funds to move faster across institutions. At the retail level, mobile […]
Digital Banks vs Traditional Banks in Kenya: Fees, Speed & Trust Compared
Kenya’s banking sector is increasingly shaped by competition between digital-first and traditional banks, each offering distinct advantages in cost, transaction speed, and customer trust. While both operate under the Central Bank of Kenya (CBK) regulations, their business models create clear differences in how services are delivered. Fees and Cost Structures Digital banks typically maintain lower […]
Why Your Mobile Banking Transactions Might be Failing
Mobile banking is central to financial life in Kenya, allowing users to send money, pay bills, and manage accounts from their phones. Despite widespread adoption, failed transactions remain common, affecting both routine payments and time-sensitive transfers. For customers, failed mobile payments can create cash flow challenges, disrupt bill payments, and reduce confidence in digital channels. […]
EIRS takes centre stage at Digital Insurance MENA to shape Africa-Middle East industry dialogue
Dubai, United Arab Emirates – January 20, 2026: Dubai’s Digital Insurance MENA conference is opening today, a key platform for cross-regional knowledge exchange this January, with EIRS actively participating, bringing local insights about African markets to the forefront. The Africa-headquartered insurance and reinsurance brokerage, which operates with hubs in the UAE and the UK, will […]
Best Bank Account in Kenya If You Earn Under KSh 50,000
For Kenyans earning less than KSh 50,000 a month, bank charges can materially affect how much income is retained. Small, recurring fees, from ledger charges to mobile transfer costs tend to take a larger share of lower incomes, making pricing as important as access and convenience. In this income bracket, the most suitable accounts are […]
Most Trusted Banking Apps in Kenya (2026) According to Customer Ratings and Reliability
Kenya’s mobile banking ecosystem has evolved into a sophisticated network of apps that go beyond basic transactions, combining financial services, lifestyle tools, and convenience features. In 2026, customer trust is influenced by reliability, security, breadth of services, usability, and innovative functionalities. 1. M-PESA App (Safaricom) M-PESA continues to lead as Kenya’s dominant digital finance platform. […]
Hidden Bank Charges in Kenya Most Customers Don’t Notice
Kenyan bank customers often become aware of fees only when account balances fall unexpectedly. Many of the charges are small, routine and spread across tariff guides that are rarely reviewed closely. Taken individually, most of the costs appear modest. Over time, however, they can materially raise the cost of holding and using a bank account. […]
Should You Open a Salary Account or Savings Account in Kenya?
For many Kenyans entering formal employment or reorganising personal finances, the choice between a salary account and a savings account depends on how income is spent, how often funds are accessed and how much structure is needed to set money aside. While banks market the two products differently, they serve distinct functions and are often […]
Which Bank Has the Lowest Fees in Kenya? A Breakdown of Customer Costs
Kenyan banks are competing more directly on pricing over the last few years as more transactions shift to digital channels and regulatory scrutiny increases around fee transparency. A comparison across major lenders shows that the lowest-cost option depends on how accounts are used, including the frequency of transfers, the need for basic current account access, […]