Jimmy Mbogoh

February 24, 2026 02:02 (EAT) • 17 hours ago

GT Bank appeals CAK order after regulator cites misleading representation

In a statement, the bank said the matter is now sub judice and it would therefore be inappropriate to comment extensively while it is pending before the tribunal.

February 20, 2026 06:54 (EAT) • 4 days ago

Gov't to introduce SACCO reforms to safeguard members' savings

According to the Principal Secretary in the Ministry of Co-operatives and Micro, Small & Medium Enterprises (MSMEs) Development, Patrick Kilemi, the proposed fund will mirror protections offered to commercial bank depositors, cushioning SACCO members against losses in the event of institutional...

February 13, 2026 04:08 (EAT) • 1 week ago

Kenya bets on digitisation to boost intra-Africa trade

The platforms dubbed BiasharaLink and Deal House are expected to provide a common platform for capturing and organising opportunities, transforming informal leads into institutional assets, ensuring that trade and investment prospects are documented, monitored, and pursued....

February 12, 2026 08:21 (EAT) • 1 week ago

Kenyan banking sector stable despite high non-performing loans: Moody’s

The firm warns that Kenya's banks profitability may soften in 2026 from a 2025 peak, but will remain solid. Moody’s points out that the decline may come from non-performing loans, which will remain high.The latest Moody's rating of Kenya’s banking industry has placed the sector at B3, representing a...

February 05, 2026 09:10 (EAT) • 2 weeks ago

Kenya Bankers Association calls for 5% salary tax reduction to boost households

The bankers' umbrella body is now calling on the government to cut salary taxes by at least five percent across the board, arguing that the move would ease pressure on household incomes and stimulate economic activity.

January 29, 2026 08:39 (EAT) • 3 weeks ago

Auctioneers raid KUSCCO offices over Ksh.108.8 million debt

The move follows an auction order issued by a tribunal after KUSCCO failed to issue a way forward for the payments to the Sacco.However, the exercise was halted after police officers intervened, kicking out the auctioneers and preventing them from taking any items out of the premises....

January 22, 2026 08:30 (EAT) • 1 month ago

South Africa's Nedbank to spend Ksh.110B to acquire majority stake in NCBA

The notice of intention by Nedbank Group to acquire a two-thirds stake of ordinary shares in NCBA from existing shareholders has triggered strong market reaction.NCBA shares gained 8 percent at the Nairobi Securities Exchange (NSE) following the announcement....

January 20, 2026 11:39 (EAT) • 1 month ago

Kenyans can now buy KPC shares from Ksh.900 in historic public offer

According to the information memorandum, shares will be priced at Ksh.9 each, with a minimum purchase of 100 shares per investor.

January 15, 2026 03:02 (EAT) • 1 month ago

Unpaid meat exports, lost Dubai cargo cost Kenyan traders Ksh.6.7 billion

The Chamber now hopes the situation will change or slow down following the opening of the Dubai offices.

January 13, 2026 08:48 (EAT) • 1 month ago

Gov't to spend Ksh.3B on advisors in planned sale of 15% Safaricom stake

Mbadi sought to clarify with members of the two committees, who put him to task on why the government could not take a competitive bidding route.The CS further cited the sheer size of the transaction as another reason why Vodafone was an appropriate choice for the gov...