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News


businessdailyafrica.com > bd > economy > cbk-moves-to-protect-too-important-to-fail-banks-5593844

CBK moves to rein in ‘too important to fail’ banks

1+ day, 1+ hour ago   (593+ words) Central Bank Governor Dr Kamau Thugge. Top banks, including Equity Group, KCB Group, NCBA Group, Co-operative Bank and I&M Bank, face a shakeup in their expansion plans as the Central Bank of Kenya (CBK) moves to shield the lenders…...


businessdailyafrica.com > bd > lifestyle > profiles > how-omari-made-his-luck-from-eastland-s-to-absa-corner-office-5593834

How Omari made his luck, from Eastland's tarmac pitches to Absa corner office

1+ day, 3+ hour ago   (966+ words) Absa Bank Kenya Chief Executive Officer (CEO) Yusuf Omari speaks during the official launch of the Asante Global Card, a premium travel and lifestyle credit card introduced to the Kenyan market through a partnership between Visa, Kenya Airways and Absa…...


businessdailyafrica.com > bd > corporate > enterprise > kenyans-in-diaspora-spend-a-fortune-to-ship-curtains-from-home-5540960

Kenyans in diaspora spend a fortune to ship curtains from home

1+ day, 3+ hour ago   (1078+ words) Curtains displayed at Blessed Home Curtains along Tom Mboya street in Nairobi on July 28,2026. When Mercy Akoth moved to Canada nearly three years ago, she quickly discovered that setting up a home away from Kenya came with unexpected costs, particularly…...


businessdailyafrica.com > bd > opinion-analysis > columnists > more-than-electricity-what-your-token-is-really-paying-for-5593794

More than electricity: What your token is really paying for

1+ day, 3+ hour ago   (450+ words) In Kenya, the energy transition arrives on a phone screen as a 20-digit number. That number is what a growing number of households see when they buy prepaid electricity. And as the country moves toward another election in August 2027, that…...


businessdailyafrica.com > bd > markets > kenya-pension-funds-shift-sh105bn-offshore-to-cut-risks-5593732

Kenya pension funds shift Sh105bn offshore to cut domestic market risks

1+ day, 4+ hour ago   (752+ words) Kenyan pension funds are moving more retirement savings into global markets, with offshore holdings rising 25 percent in the year to June,2026 to hit Sh104.99 billion as managers seek protection from domestic risks. The shift puts a growing share of workers’ retirement…...


businessdailyafrica.com > bd > markets > capital-markets > safaricom-banks-pay-80-percent-of-nse-dividends-5591052

Safaricom, banks pay 80pc of NSE dividends

3+ day, 22+ hour ago   (959+ words) Screen showing market trends at Nairobi Securities Exchange. Banks and Safaricom accounted for 80.2 percent of the total dividends distributed by companies listed on the Nairobi Securities Exchange (NSE) in the last full financial year, making them out as the best…...


businessdailyafrica.com > bd > markets > capital-markets > ruto-fund-eyes-sh42billion-yearly-returns-from-bonds-5589592

Ruto fund eyes Sh42bn yearly returns from bonds

4+ day, 22+ hour ago   (740+ words) The National Infrastructure Fund (NIF) eyes about Sh42 billion in annual income from government securities as it seeks to create a steady financing pool for mega strategic infrastructure projects while preserving the seed capital. The NIF seed capital presently stands at…...


businessdailyafrica.com > bd > economy > kemri-gets-tax-exemption-on-sh3bn-japan-research-grant-5589520

Kemri gets tax exemption on Sh3bn Japan research grant

5+ day, 1+ hour ago   (399+ words) The Kenya Medical Research Institute (Kemri) Head Office in Nairobi. The National Assembly has approved tax exemptions on a Sh3 billion Japanese-funded research programme at the Kenya Medical Research Institute (Kemri). The MPs approved the recommendations of the National Assembly Committee…...


businessdailyafrica.com > bd > opinion-analysis > columnists > clients-agencies-and-ai-who-really-killed-creativity-5589364

Clients, agencies and AI: Who really killed creativity?

5+ day, 3+ hour ago   (675+ words) I have spent enough time in marketing to have sat on both sides of the table as an agency partner developing ideas, and as a client evaluating, defending and funding them. That experience has taught me that neither side has…...


businessdailyafrica.com > bd > corporate > companies > banks-loan-margins-fall-to-10-month-low-on-rate-cuts-5588368

Commercial banks??€?? loan margins fall to 10-month low on rate cuts

6+ day, 1+ hour ago   (737+ words) The gap between what banks operating in Kenya charge on loans and pay on deposits narrowed to a 10-month low of 7.46 percentage points in July as lenders strike a balance between appeasing borrowers and attracting savers. This means that the…...