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News
Safaricom, banks pay 80pc of NSE dividends
2+ day, 18+ 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…...
Why Kenyan firms pour millions into sponsorships deals
3+ day, 22+ hour ago (1217+ words) Jazz lovers enjoying performance at Kenny G’s “One Night Only” concert held at the Kenyatta International Convention Centre in Nairobi on September 27, 2025. What connects sponsorship deals in Kenya's live music scene right now is not the size of the cheque…...
The hidden cost of tax complexity for Kenya????s SMEs
6+ day, 1+ hour ago (939+ words) Sponsored by 3A CPA LLP CPA Abdulsamad Ahmed Ali. By CPA Abdulsamad Ahmed Ali Kenya’s small and medium-sized enterprises (SMEs) are often described as the backbone of our economy. They create employment, support households, drive innovation, and provide livelihoods across almost…...
CBK rejects Sh20bn as bidders seek higher rates
1+ week, 3+ day ago (563+ words) The Central Bank Of Kenya. The Central Bank of Kenya (CBK) rejected Sh20.4 billion offered by investors in the two reopened September bonds as it sought to keep a lid on the government’s borrowing costs in a highly liquid market. The…...
What Kuscco liquidation means for saccos, creditors
1+ week, 4+ day ago (929+ words) Kenya Union of Savings and Credit Co-operatives (Kuscco) Centre in Upper Hill, Nairobi. The Kenya Union of Savings and Credit Co-operatives (Kuscco) was formed in 1973 as an umbrella body for saccos and expanded into a multi-billion shilling institution offering financial…...
In Kenya, power protects banks, rarely borrowers
1+ week, 4+ day ago (878+ words) A concept of an approved loan application process. Last week in Business Talk, we commenced a multi-part series on financial services firms in Kenya with politically exposed people owning or controlling substantial shares in the company. More politically exposed banks…...
Lessons for Kenya’s financial sector from the 2008 crisis
2+ week, 4+ day ago (594+ words) Looking back in time to the 2008 financial crash that rocked much of the Western world, especially countries like the US, Iceland, Latvia, Lithuania, Estonia, Ukraine, and Ireland, I ponder what lessons we can take from it in our modern lives…...
Withholding tax hurts Kenya’s creative economy
2+ week, 5+ day ago (580+ words) Dear Kenya Revenue Authority Commissioner General; You assume office at a critical moment for our country, when revenue mobilisation, economic growth, job creation and private-sector competitiveness must work together. I write on behalf of stakeholders across Kenya’s advertising, marketing and…...
CEOs cut reliance on bank loans on ‘sticky’ rates claim
2+ week, 5+ day ago (510+ words) Corporates are increasingly financing operations from internally mobilised resources, reducing reliance on bank loans and other external funding avenues, a Central Bank of Kenya (CBK) survey has revealed. Chief executives of private companies attribute their decision to “sticky” lending rates…...
World Bank cautions Kenyan banks on rising public debt risk
3+ week, 2+ day ago (720+ words) The exposure of banks in Kenya to government securities remains high, with the lenders holding approximately Sh2.2 trillion in government securities. The World Bank has cautioned commercial banks in Kenya on the growing sovereign debt risk due to heavy investments in…...