Abraham Ongenge Appointed Acting CEO of Stanbic Bank Kenya
Abraham Ongenge has been appointed Acting Chief Executive of Stanbic Bank Kenya Limited effective March 1, 2026, subject to regulatory approval, as the lender undertakes...
Stanbic Holdings Profit Holds at KSh 13.72 Billion in 2025 as Revenue Drops
Stanbic Holdings Profit after tax for 2025 stood at KSh 13.72 billion, unchanged from the previous year, as lower interest and non-interest income offset gains...
5 Sectors Accepting Bitcoin as a Payment Option in Kenya
Bitcoin in Kenya has moved beyond its early days as a niche, peer-to-peer (P2P) activity to a more mainstream payment method, supported by crypto exchanges,...
Banks With Diverse Leadership Teams Show Stronger Governance Metrics
African banks with diverse leadership teams demonstrate stronger governance metrics, particularly when diversity reaches a critical mass. Board composition, including gender, age, functional background, and...
How Banking Startups Can Apply for Google Accelerator Africa 10
Google has opened applications for the 10th cohort of its Google for Startups Accelerator: Africa, a 12-week hybrid program designed for growth-stage African startups leveraging...
Kenya Misses Out on $972 Million World Bank Regional Youth Employment Initiative
Kenya, East Africa’s largest economy, has been excluded from a new $972 million World Bank regional program aimed at tackling youth unemployment, leaving it outside...
How a Layered Licensing System Could Transform Kenya’s Digital Lending Market
Kenya’s National Treasury is introducing a new licensing framework for non-deposit-taking credit providers (NDTCPs) aimed at tightening oversight of the country’s fast-growing digital lending sector....
Bank Violations in Kenya and the Fines They Attract
In late 2025 and early 2026, Kenyan regulators stepped up enforcement across the banking sector, imposing multi-million shilling fines for consumer protection lapses, governance failures,...
How M-Pesa Will Hide Phone Numbers in Till, PayBill, and Peer-to-Peer Transactions
Safaricom PLC has received regulatory approval from the Central Bank of Kenya (CBK) to implement a data-minimization feature on M-Pesa, the country’s leading mobile money...
Standard Chartered Kenya CFO to Exit Amid Pension Payout and Leadership Overhaul
Chemutai Murgor, Chief Financial Officer and Executive Director of Standard Chartered Bank Kenya, will leave the bank on May 31, 2026, marking the second senior...