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Accreditation Fuels Market Access and Economic Growth for Kenyan SMEs.
10/06/2025

Accreditation Fuels Market Access and Economic Growth for Kenyan SMEs.

Kenya joined the global community in celebrating World Accreditation Day, spotlighting accreditation as a vital catalyst for unlocking international market opportunities and driving economic growth…

Stanbic to Pay KSh 32.4 Million After Losing Appeal Over Flawed Bid Bond.
10/06/2025

Stanbic to Pay KSh 32.4 Million After Losing Appeal Over Flawed Bid Bond.

Stanbic Bank has lost its appeal in a high-stakes legal battle and will now have to pay Kenya Haulage Agency Ltd approximately Sh32.4 million for issuing a defective bid bond that cost the firm a…

SMEs Still Paying More as Lending Rates Defy CBK’s Policy Easing.
09/06/2025

SMEs Still Paying More as Lending Rates Defy CBK’s Policy Easing.

The cost of borrowing remains stubbornly high despite policy interventions, with most Kenyan banks charging double-digit interest rates even after the Central Bank cut its base lending rate to 10…

Watu Credit, long criticized for its aggressive debt collection, is among 41 digital lenders newly licensed by the Centr...
05/06/2025

Watu Credit, long criticized for its aggressive debt collection, is among 41 digital lenders newly licensed by the Central Bank of Kenya.

Digital credit provider, Watu Credit, is among 41 new firms granted operating licenses by the Central Bank of Kenya (CBK), in the latest move to tighten oversight of the fast-growing digital lending…

U.S.-based fintech Moniepoint Inc. has received regulatory approval to acquire a 78 percent stake in Sumac Microfinance ...
02/06/2025

U.S.-based fintech Moniepoint Inc. has received regulatory approval to acquire a 78 percent stake in Sumac Microfinance Bank Limited.

Sumac Microfinance Bank Limited CEO, John Njihia

Kenya Revenue Authority (KRA) rolls out a new Current Retail Selling Price (CRSP) schedule for used motor vehicles. This...
01/06/2025

Kenya Revenue Authority (KRA) rolls out a new Current Retail Selling Price (CRSP) schedule for used motor vehicles. This comes after extensive consultations with stakeholders.

Kenya’s car import industry is undergoing a significant shift as the Kenya Revenue Authority (KRA) rolled out a new Current Retail Selling Price (CRSP) schedule for used motor vehicles. The revised…

Kenya’s leading soft drink manufacturers and importers are staring down a potentially costly disruption following a prop...
29/05/2025

Kenya’s leading soft drink manufacturers and importers are staring down a potentially costly disruption following a proposal introduced by Nandi Hills Member of Parliament Bernard Kitur.

Kenya’s leading soft drink manufacturers and importers are staring down a potentially costly disruption following a proposal introduced during the ongoing Finance Bill 2025 public hearings. The…

Multichoice Africa has lost a Sh 681M tax appeal in Kenya. The Tax Tribunal upheld KRA’s decision to deny input VAT on D...
28/05/2025

Multichoice Africa has lost a Sh 681M tax appeal in Kenya. The Tax Tribunal upheld KRA’s decision to deny input VAT on DStv services, ruling they fall under digital marketplace rules that bar such claims.

Multichoice Africa Holdings BV, the Netherlands-based media giant behind DStv and Showmax, has lost a Sh681 million tax dispute against the Kenya Revenue Authority (KRA) after the Tax Appeals…

Competition Authority of Kenya (CAK) has approved the proposed acquisition of Jumra Limited, Sojpar Limited, and Raisons...
27/05/2025

Competition Authority of Kenya (CAK) has approved the proposed acquisition of Jumra Limited, Sojpar Limited, and Raisons Distributors Limited by Kimo Kali Holdings Limited, a company backed by Twiga Holdings.

The Competition Authority of Kenya (CAK) approved the proposed acquisition of Jumra Limited, Sojpar Limited, and Raisons Distributors Limited by Kimo Kali Holdings Limited, a company backed by Twiga…

Valour Inc. Taps GulfCap Investment Bank to Lead Cross-Listing of Digital Asset ETPs on Nairobi Securities Exchange.
26/05/2025

Valour Inc. Taps GulfCap Investment Bank to Lead Cross-Listing of Digital Asset ETPs on Nairobi Securities Exchange.

Kenya is set to become a major gateway for regulated digital asset investments in East Africa, as Valour Inc. prepares to cross-list its exchange traded products (ETPs) on the Nairobi Securities…

The Capital Markets Authority (CMA) has approved The Standard Group PLC’s planned rights issue.
22/05/2025

The Capital Markets Authority (CMA) has approved The Standard Group PLC’s planned rights issue.

The Capital Markets Authority (CMA) has approved The Standard Group PLC’s planned rights issue, paving the way for the media company to raise approximately Sh 1.5 billion as part of a broader…

African Originals Limited, the parent company of local beverage brand Kenyan Originals, reports a net loss of Sh35 milli...
21/05/2025

African Originals Limited, the parent company of local beverage brand Kenyan Originals, reports a net loss of Sh35 million for the period ending June 30, 2024.

African Originals Limited, the parent company of local beverage brand Kenyan Originals, posted a net loss of Sh35 million for the period ending June 30, 2024, even as its revenues reached Sh348.5…

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