Old Mutual revamps savings products to deepen long-term financial wellness
Old Mutual Life Assurance Kenya (OMLAK) has revamped its life and savings solutions to strengthen long-term savings, education planning and financial security among Kenyan households. The revamp comes as access to financial services in Kenya is high, but…
Dangote to Break Ground on Sh2.2 Trillion Lamu Oil Refinery
Nigeria’s Dangote Group is set to break ground on a massive 700,000-barrel-per-day oil refinery in Lamu on September 30, 2026, marking a major step towards establishing Kenya as a regional petroleum-processing and petrochemical hub. The proposed…
Quickmart Plans NSE Listing Through 50% Share Sale
Quickmart Supermarket is preparing to enter Kenya’s capital markets through a proposed listing on the Main Investment Market Segment (MIMS) of the Nairobi Securities Exchange (NSE), in a transaction that will give public investors an opportunity to…
KRA Intercepts Drug Consignment Valued at Sh25.45 Million at Eldoret International Airport
The Kenya Revenue Authority (KRA) has intercepted a consignment of suspected narcotics valued at Sh25.45 million at Eldoret International Airport. The consignment, which had been shipped from Dubai and declared as cosmetics, was destined for Mombasa and…
Kenya esports talent struggles to turn gaming into full-time careers
Kenya’s growing esports community is struggling to turn gaming talent into sustainable full-time careers, with players citing limited sponsorships, inadequate equipment, small prize pools and unreliable access to affordable internet as barriers to…
Africa Emerges as Key Driver of New Forest Finance Models
African governments are developing new ways to finance forest protection and restoration. The approaches offer practical examples of how forest finance can move from promising models to large-scale delivery. This is according to the first Progress Report…
LG WashTower Takes to Nairobi’s Streets, Bringing Smart Laundry Innovation Closer to Consumers
LG Electronics (LG) has taken its latest home laundry innovation directly to Kenyans through a series of high-visibility public showcases of the LG WashTower at some of Nairobi’s busiest commuter hubs, giving thousands of people an up-close look at…
Central Bank flags widespread regulatory breaches across banks
Kenya’s banking sector recorded a sharp deterioration in regulatory compliance in 2025, with 35 commercial banks found to have breached the Banking Act and Central Bank of Kenya (CBK) prudential guidelines, up from 11 a year earlier. The violations cut…
Are Kenya’s Banks Undervalued?
If someone offered you a business that earns about KSh20 for every KSh100 shareholders have invested, you would probably ask one question next: how much does the business cost?* Now imagine the answer is roughly KSh100 for every KSh100 of net assets…
Most Kenyan firms not ready for new financial reporting rules – ICPAK
The Institute of Certified Public Accountants of Kenya (ICPAK) says only a small number of companies have made significant progress in preparing to provide information on issues such as climate change, environmental impact and how these issues could…