I&M Bank Expands into Kirinyaga County, Boosts Access to Finance in Kenya’s Agricultural Hub
I&M Bank has expanded its national footprint with the opening of its first branch in Kirinyaga County, extending its reach into one of Kenya’s most agriculturally productive and economically promising areas. The launch ceremony was officiated by I&M Bank Kenya CEO Gul Khan and the County Deputy Governor, H.E David Githanda Githae. Located along the […]
Billionaire Peter Munga Joins Sh468 Billion Nairobi-Mombasa Expressway Project
Billionaire Kenyan businessman Peter Munga has joined the Nairobi-Mombasa Expressway project, known officially as the Usahihi Expressway, through his company Quickpass Limited. Munga’s involvement is part of a partnership with Everstrong Capital, a US-based infrastructure investment firm leading the development of the Sh468 billion (approximately $3.6 billion) expressway. The venture is set to deliver Africa’s […]
Startups in Kenya, Large Corporations to Enjoy Tax Incentives under Finance Act 2025
The Kenyan government has enacted the Finance Act 2025, introducing new tax incentives aimed at boosting investments through the Nairobi International Financial Centre (NIFC). The incentives include reduced corporate income tax rates and extended tax holidays designed to support both startups in Kenya and large corporations, while enhancing Nairobi’s position as a leading financial hub […]
How Tanzania Instant Payment System (TIPS) is Driving Digital Payments and Financial Inclusion
The Tanzania Instant Payment System (TIPS) is accelerating the growth of digital payments in Tanzania and expanding financial inclusion in line with the country’s National Payment System Vision (2017-2028). Operated by the Bank of Tanzania, TIPS Tanzania provides a national, real-time payment switch that integrates banks, mobile-money providers, and other financial institutions into a single, […]
Co-op Bank CEO Gideon Muriuki Increases Stake with KSh202.8 Million Share Purchase
Gideon Muriuki, the CEO of Co-operative Bank of Kenya, has increased his shareholding in the lender with the acquisition of 12 million additional shares valued at KSh202.8 million. Regulatory filings for May 2025 show that the transaction raised Gideon Muriuki stake in co-op bank from 2% to 2.19%, translating to 129.53 million shares. This purchase […]
Fueling Debt Is How They’re Stealing Tomorrow’s Kenya
By Thuita Gatero | Managing Editor, Africa Digest News They’ll blame global oil prices. They’ll point at OPEC. They’ll even mention the Red Sea. But here’s the truth: fuel prices in Kenya aren’t skyrocketing because oil is expensive, they’re going up because our government is quietly leveraging fuel levies to borrow billions off the books. […]
Standard Chartered Bank Kenya Partners with Prudential Life Assurance to Offer Wealth-Focused Bancassurance Products
Standard Chartered Bank Kenya has partnered with Prudential Life Assurance Kenya to roll out wealth-focused bancassurance products aimed at the country’s affluent and ultra-wealthy clients. The partnership was unveiled at Standard Chartered Bank Kenya’s head office in Nairobi, led by Managing Director and CEO for Kenya and Africa, Kariuki Ngari. Kariuki Ngari, speaking at the […]
Why Are Banking Fees in South Africa So High Compared to Other Countries?
South Africa Banking Fees remain among the highest in the world, driven by a combination of operational, structural, and economic factors. Data from the 2024 and 2025 Solidarity Research Institute Banking Charges Reports, the PwC Major Banks Analysis (March 2025), and the 2024 South African Banking Sentiment Index by DataEQ reveal why bank charges in […]
Novotel Nairobi Westlands’s Chef Abhijeet Bagwe wins Global Chef of the year at Better Kitchen Awards 2025
Novotel Nairobi Westlands’s Chef has emerged among the top winner of the third edition of the Better Kitchen Awards 2025 held in Mumbai India marking a proud moment for Kenya’s hospitality industry on the global stage. The prestigious event recognized Chef Abhijeet Bagwe, Executive Chef at Novotel Nairobi Westlands, as a Global Chef, celebrating his […]
5 Ways Safaricom Has Set Itself Apart Over the Last 2 Decades
Safaricom PLC has marked 25 years with a consistent track record of innovation and market leadership. The company’s recognition as Africa’s Most Admired Brand at the 2025 Brand Africa Awards for the second year in a row capped off a two-decade journey that saw it evolve from a telecom operator into a continental tech leader. […]