Interest Rates Across Kenyan Banks Diverge After Central Bank Rate Reduction to 8.75%
Kenya’s commercial banking sector is operating within a narrower but still uneven lending environment in February 2026, with loan interest rates ranging from 10.21% to...
East African Economy Leads as Fastest-Growing Region in Africa, With 2026 GDP Outlook Above 5.8%
The East African economy is projected to remain the fastest-growing regional bloc in Africa in 2026, with real GDP growth expected between 5.8% and 6.1%....
Diamond Trust Bank Uganda Net Profit Hits UGX 26.1 Billion in 2025
Diamond Trust Bank Uganda reported a return to growth in its 2025 financial results, with net profit rising 9.9% to UGX 26.1 billion from UGX...
KCB Bank Uganda Net Profit Jumps 65% to UGX 49.3 Billion in 2025
KCB Bank Uganda posted a sharp rise in earnings for 2025, with net profit climbing 65% to UGX 49.3 billion from UGX 29.9 billion a...
Zenith Bank Founder Jim Ovia Retires After 36-Year Leadership, Mustafa Bello Appointed Chairman
Zenith Bank Plc has announced the retirement of Founder and Group Chairman Jim Ovia following the expiration of his tenure under Nigeria’s corporate governance rules....
Stanbic Uganda’s Mona Ssebuliba Receives Uganda’s Diamond Jubilee Medal at Labour Day Ceremony
Stanbic Uganda Holdings Limited board director Mona Muguma Ssebuliba has been awarded the National Independence Diamond Jubilee Medal, a state honour recognising contributions to Uganda’s...
Standard Chartered Kenya Lists Nairobi HQ for Sale as It Cuts Real Estate Holdings
Standard Chartered Bank Kenya has said the planned sale of its seven-storey East African headquarters in Nairobi is part of a property and capital optimisation...
Highest Paid Bank Executives in Kenya
Kenyan bank executives received varying compensation packages in the 2024 and 2025 financial years, combining fixed salaries, performance-based bonuses, deferred incentives, and, in some cases,...
Kenya Rental Income Tax Rules Face Overhaul Under 2026 Treasury Draft Regulations
Kenya’s National Treasury has proposed new 2026 regulations that would reshape how residential rental income is taxed, introducing mandatory electronic registration, monthly filing requirements, and...
Sidian Bank Wins Multiple Honors at Think Business Banking Awards 2026
Sidian Bank was recognised for its excellence in digital banking and customer service at the prestigious Think Business Banking Awards 2026, held at the Nairobi...