Women Choice Hosts Forum to Accelerate Growth of Women-Led SMEs in Kenya
Driven by the need for inclusive economic transformation, Women Choice, an international organization championing sustainable initiatives for women, hosted a high-impact forum dubbed Driving Growth for Women-Led SMEs in Kenya – an initiative aimed at charting a path for economic inclusion through the empowerment of women entrepreneurs. Themed Scaling Women-Led SMEs: Opportunities, Challenges & Strategic […]
Why Are Banks Reluctant to Move Beyond Bancassurance in Kenya?
Most banks in Kenya remain firmly rooted in the bancassurance model, a setup where they sell insurance products on behalf of insurance companies but do not assume the underwriting risks themselves. As of February 2024, 17 commercial banks and six microfinance banks were licensed to operate bancassurance agencies, according to the Insurance Regulatory Authority (IRA). […]
Are Digital Lenders Abusing Kenya’s Small Claims Court?
Digital lenders in Kenya are increasingly under scrutiny over their use of the Small Claims Court (SCC), with concerns that some may be exploiting the court system to pressure borrowers. The SCC, established under the 2016 Small Claims Court Act and updated in 2020, was intended to offer a fast, affordable process for resolving disputes […]
Why Standard Chartered Left The Gambia, and What Access Bank Gains
After 130 years of continuous operations, Standard Chartered Bank has officially exited The Gambia. The bank’s departure, which took effect on 13 June 2025, follows the acquisition of its Gambian business by Nigeria’s Access Bank. The announcement was made by the Governor of the Central Bank of The Gambia, Buah Saidy, during a press briefing […]
Why Ethiopia Is Letting Foreign Banks In, And Why KCB Is First
Ethiopia is opening its financial sector to foreign banks for the first time in over 50 years, and Kenya’s KCB Bank Group is preparing to become the first foreign lender to enter under the new regulations. According to officials at the National Bank of Ethiopia (NBE), KCB is in active discussions with regulators, following the […]
Novotel Nairobi Westlands to Host a Major brunch to Celebrate 2025 Fathers Day
Novotel Nairobi Westlands a flagship global brand of Accor is delighted to announce its special 2025 Father’s Day Brunch, themed “Honour the Bond That’s as strong as the Flavour” set to take place on Sunday, June 15th, 2025. This unique event is designed to celebrate the strength, warmth, and love of the fathers and father […]
Was the Hustler Fund Always Meant to Be a Credit Rating System?
When the Hustler Fund was launched in 2022, it was presented as a government-backed loan facility designed to increase financial access for low-income Kenyans. It offered fast loans through mobile phones, low interest rates, and minimal barriers to entry. By 2025, however, the fund has expanded its function, now including a credit scoring system tracking […]
Debt Without Consent: The Unlawful Billions We’re Paying For
Imagine this: You wake up one day to find your bank account drained. You call the bank, furious. They tell you your neighbor borrowed money in your name. You never signed anything. You never received the money. But now you’re legally expected to repay it. That, in essence, is the question Kenya now faces. The […]
How a Tier 3 Bank Outperformed Tier 1 Banks in Q1 2025
Sidian Bank, a Tier 3 commercial bank in Kenya, posted a 250% surge in net profit in the first quarter of 2025, outperforming some of the country’s largest lenders during a period of flat or declining earnings across the sector. The bank reported a profit after tax of KSh 556.9 million for Q1 2025, up […]
Most Valuable Companies in Kenya by Market Cap
1. Safaricom: Sh819 billion As the largest telecommunications provider in Kenya, Safaricom commands a dominant position in both mobile network services and digital financial solutions. Since its inception in 1997, the company has amassed a subscriber base exceeding 47 million. Safaricom’s mobile money service, M-Pesa, is widely regarded as a global pioneer, processing billions of […]