Ethiopia Omitted from World Bank’s 2025–2026 Income Classification
Ethiopia has been omitted from the World Bank’s 2025–2026 income classification list, with no formal explanation provided. The country now appears under the “unclassified” category,...
Social Media Sellers and Online Shops Face New Rules in Kenya
Kenya is proposing new regulations that will affect how social media sellers and online shops operate in the country. The Competition Authority of Kenya (CAK)...
How to Invest in the OAK Special Fund in Kenya
The OAK Special Fund, managed by Faida Investment Bank and licensed by the Capital Markets Authority (CMA) Kenya, is emerging as a top-performing investment fund...
Safaricom CEO and CFO Boost Shareholdings After Strong FY2025 Performance
Safaricom PLC has reported substantial increases in the shareholdings of its top executives for the fiscal year ended March 2025. Safaricom Chief Executive Officer Peter...
SACCO vs Bank: Who Should You Consider for a Car Loan in Kenya?
When shopping for a car loan in Kenya, most buyers face a critical decision: Should you borrow from a SACCO or a bank? Both offer...
Access Bank and NOVARE Integrate Payments, Lending, and Insurance Into Malls
Access Bank has partnered with NOVARE Real Estate Africa to launch a digital-first ecosystem across major malls in sub-Saharan Africa, embedding financial services directly into...
Why Is Old Mutual Exiting the South Sudan Insurance Market?
Old Mutual, one of South Africa’s largest financial services groups, is winding down its insurance operations in South Sudan through its subsidiary, UAP Insurance South...
What Led to Bank Al-Habib’s Quiet Exit From the Kenyan Market?
Bank Al-Habib Ltd (BAHL), a Karachi-based commercial bank, has officially exited the Kenyan market after operating a representative office in Nairobi for seven years. The...
Leading Banks by MSME Lending in Kenya 2025
1. Equity Bank – Ksh. 24.9 Billion Equity Bank has disbursed Ksh. 24.9 billion in MSME loans, maintaining a strong position in small business financing....
What’s Behind Standard Chartered Sh7 Billion Pension Dispute With Retirees?
Standard Chartered Bank Kenya is locked in a prolonged legal battle with 629 of its former employees over Sh7.79 billion in contested pension payments. The...