By Ephraim Mutua Conversations on long-term financial security often revolve around saving, budgeting, investing, or building wealth. However, one of the most important aspects of financial protection (Insurance) is normally overlooked. A road accident, a fire, or other unexpected occurrences can undo years of hard work if a financial safety net is not established. The…
Absa Bank has called for accelerated digitisation, stronger interoperability and greater ecosystem collaboration to reduce the cost of trade finance and unlock Africa’s next phase of economic growth. Speaking during the GTR Conference in Nairobi, Lydia Wangari-Karanja, Director of Transactional Banking at Absa Bank Kenya, said digitisation is becoming increasingly critical in improving efficiency, reducing…
Manufacturers have called for accelerated adoption of clean technologies, affordable energy solutions, and stronger public-private collaboration to support industrial competitiveness amid rising fuel prices, energy costs, and ongoing global supply chain disruptions during the Clean Energy Conference & Expo held at the Sarit Expo Centre under the theme “Industrial Decarbonization Through Clean Technology Adoption.” The…
The National Assembly has started the legislative process to reduce taxes and levies as proposed by Kiharu Member of Parliament Ndindi Nyoro. In a letter addressed to Nyoro, the Clerk of the National Assembly confirmed receipt of the proposals and indicated that they had been forwarded to relevant House committees for consideration. “We advise that…
The Kenya Association of Manufacturers has raised concern over the sharp rise in fuel prices announced by the Energy and Petroleum Regulatory Authority, warning that the increase will significantly raise the cost of production, transportation, and living across the country. In the latest fuel review released on May 14, 2026, EPRA set the price of…
Kenya Railways Corporation and the government, through the Office of the Attorney General has been forced to release documents relating to the multi-billion-dollar Standard Gauge Railway (SGR) project after the Court of Appeal upheld a High Court ruling on the same. In its ruling, the appellate court sitting in Mombasa dismissed an appeal filed by the…
Imenti North Member of Parliament, Rahim Dawood, has been pelted with stones after he attempted to address anti-fuel prices protesters in Meru Town. The legislator had joined the protesters on foot for the mass action, but the crowd turned against him when he tried to calm them down, as a section of the protesters began hurling…
I&M Bank has announced the successful close of the public offer for the first tranche under its Kenya Shillings-denominated Medium-Term Note (“MTN”) Programme, with the offer recording an impressive subscription rate of 232.26% and attracting total applications amounting to Sh23,225,850,000 against the planned first tranche amount of KES 10 billion. In response to the strong…
By Sarah Weru When a predawn fire swept through Nairobi’s Toi Market mid-March 2026, hundreds of small businesses lost their premises and stock within hours. The incident added to a growing list of recent disasters that have exposed the vulnerability many informal and small traders continue to face. Gikomba Market has suffered repeated fires over…
Absa Bank Kenya has been recognised as the Best Retail Bank in Kenya by the Global Banking and Finance Review 2026, reflecting the bank’s continued investment in customer experience, digital innovation and segment-led banking solutions. This recognition underscores the bank’s strategic transition from a traditional product-led banking model to a customer segment-led approach aimed at…
