Why Standard Bank Sees Kenya as a High-Growth Market and Targets No. 1 Position by 2030
Standard Bank Group is increasing its focus on Kenya as it seeks to expand its presence in East Africa, targeting the country’s growing financial services, infrastructure, trade and digital economy while positioning Stanbic Bank Kenya to become the country’s largest lender by 2030. The South African banking group plans to double Stanbic’s retail footprint by […]
Cosmos accelerates pharmaceutical digital compliance and operational efficiency with Schneider Electric Kenya
Nairobi, Kenya 2026 – Cosmos Limited (Cosmos), one of Kenya’s leading pharmaceutical manufacturers, has strengthened its digital infrastructure and enhanced regulatory compliance through the implementation of an integrated monitoring, energy management, and digital validation platform supported by Schneider Electric, a global energy technology leader. The enhanced system has delivered greater operational visibility, improved data integrity, […]
How to Invest in Uganda Government Treasury Bills and Bonds
Uganda Government fixed income securities provide investors with a way to lend money to the government through the Bank of Uganda in exchange for returns over a specified period. The securities comprise Treasury Bills for short-term borrowing and Treasury Bonds for medium- to long-term funding. The government uses the securities to raise funds, including for […]
From Sh125,658 M-Pesa Fraud to a Landmark Court Case: The Paula Rogo Story
A Sh125,658 loss suffered by M-Pesa user Paula Rogo has developed into a court case involving Safaricom PLC, M-Pesa Holding Company Ltd, the Central Bank of Kenya (CBK) and the Communications Authority of Kenya (CA). The case, Paula Rogo v. Safaricom PLC & Another, Commercial Case E091 of 2025, was filed after Rogo alleged that […]
How KCB Group’s Businesses Outside Kenya Are Becoming a Larger Part of the Group
KCB Group’s businesses outside Kenya are taking a larger share of the banking group’s balance sheet and earnings, with subsidiaries across East and Central Africa accounting for nearly a third of Group assets and profit before tax in the first half of 2026. The subsidiaries outside KCB Bank Kenya increased their combined assets by 21 […]
Old Mutual Holdings Seeks High Court Approval for KSh4.66 Billion Share Premium Reduction
Old Mutual Holdings PLC has moved to the High Court of Kenya seeking confirmation of a shareholder-approved reduction of its share premium account as the company continues with a phased balance sheet restructuring aimed at addressing accumulated losses. The company filed an Originating Motion dated 30 July 2026 at the High Court of Kenya in […]
What Tanzania’s New Tax Rules Mean for Online Sellers, Influencers and Digital Businesses
Tanzania is tightening tax compliance for businesses operating through social media, online marketplaces and other digital platforms, bringing a wider range of online commercial activity into the formal tax system. The changes mean that running a business through Instagram, TikTok, Facebook, WhatsApp Business or an online booking platform does not by itself remove the requirement […]
What CMA Approval of the WSA Banking ETF Means for Investors
The Capital Markets Authority (CMA) has approved the listing of the WSA Banking Index Exchange Traded Fund (ETF) on the Nairobi Securities Exchange (NSE), giving investors access to a single listed product tracking 11 banking institutions. The approval means investors will be able to gain exposure to a portfolio of listed banking shares through units […]
How to Invest in I&M Bank Tanzania’s TZS 20 Billion Hatua Bond
I&M Bank Tanzania has launched its inaugural Hatua Bond, giving investors an opportunity to subscribe to the first tranche of a TZS100 billion (KES4.9 billion) five-year Medium Term Note (MTN) programme. The first bond issue is targeting TZS20 billion (KES978 million), with a TZS5 billion (KES244 million) greenshoe option that could increase the total amount […]
Why Co-op, KCB and NCBA CEOs are Challenging Sh363 Million Fraud Charges
The prosecution of the chief executives of Co-operative Bank, KCB Group and NCBA Group over alleged failure to report suspicious transactions linked to a Sh363.4 million fraud case has been temporarily halted after the banks and their executives moved to the High Court to challenge the proceedings. The three bank executives have been accused of […]