Understanding Credit Scores in Kenya: What Banks Look At and Why It Matters
Credit Scores in Kenya play a central role in shaping access to financial services. A credit score is a three-digit number that reflects an individual’s or business’s ability to repay loans. It is used by banks, SACCOs, microfinance institutions, and digital lenders to determine eligibility for loans, interest rates, and repayment terms. These scores are […]
How to Choose the Right Savings Account for Your Financial Goals
Choosing the Right Savings Accounts for Your Financial Goals is an important step for anyone looking to secure their financial future. Whether you are setting aside money for emergencies, a major purchase, children’s education, or retirement, the type of account you select will influence both your saving discipline and how much your money grows over […]
Premier Bank Appoints New Board of Directors
Premier Bank has appointed a new Board of Directors, following a major restructuring by Bangladesh Bank aimed at addressing governance shortcomings and restoring depositor confidence. The central bank dissolved the previous board between August 19–21, 2025, under the Bank Companies Act, 1991, citing poor loan management, weak policy enforcement, and systemic failures. At the helm […]
Sidian Bank Unveils Its 49th Branch in Olkalou in Nyandarua County.
Sidian Bank, a leader in SME financing, has announced the opening of its 49th branch, an ultra-modern and executive banking hall located in Nyandarua county along Gilgil – Nyahururu highway. This milestone marks a significant step in Sidian Bank’s ambitious expansion strategy in delivering exceptional financial services to customers and entrepreneurs in the broader Mt. […]
What You Need to Know About Safaricom B-Live Data Bundles
Safaricom has rolled out Safaricom B-Live, a new internet product that shifts from the traditional data model to time-based access. The service is being introduced as a promotional offer and is designed to address a common issue for Kenyan mobile users, like the quick depletion of data bundles due to unpredictable usage such as streaming, […]
How to Join the Sanlam Money Market Fund: Step-by-Step Guide
The Sanlam Money Market Fund (MMF) is one of the largest and most trusted Money Market Funds in Kenya, managing an impressive Sanlam’s AUM of KSh 92.7 billion, representing nearly a quarter of the entire MMF market, according to the Capital Markets Authority (CMA). Operated by Sanlam Investments East Africa Limited, the fund is designed […]
5 Reasons Investors Prefer Sanlam Money Market Fund in Kenya
Money Market Funds in Kenya have become an increasingly popular investment option for individuals and institutions seeking stable returns with minimal risk. Among them, the Sanlam Money Market Fund (Sanlam MMF) has emerged as a clear market leader. According to the latest Capital Markets Authority (CMA) data, the fund commands assets under management (Sanlam’s AUM) […]
Stanbic Uganda Posts Ushs 278B Profit in H1 2025
Stanbic Uganda Holdings Limited (SUHL) has posted a strong set of results for the first half of 2025, recording a Profit after Tax of Ushs 278 billion, up 18 per cent from Ushs 236 billion in the same period last year. Alongside this commercial growth, Stanbic Uganda contributed Ushs 273 billion in taxes, a 37 […]
I&M Group PLC Announces 34% Rise in Half-Year Profit Before Tax to KES 11.7 Billion
I&M Group PLC has today announced a 34% increase in its Group Profit Before Tax (PBT) for the first half of 2025, reaching KES 11.7 billion, a significant rise from the KES 8.7 billion recorded in the same period in 2024. The performance has been driven by strong operating revenues across all its markets, demonstrating […]
Alain Nkontchou to Acquire Nedbank’s 21.2% Stake in Ecobank for $100M
Cameroonian financier Alain Nkontchou is poised to become the largest shareholder of Ecobank Transnational Incorporated (ETI) after reaching an agreement to acquire Nedbank’s 21.2% stake in Ecobank for $100M. The deal, announced on August 15, 2025, marks the end of a 17-year strategic partnership between Nedbank, a leading South African banking group, and Ecobank, which […]