Banking and Financing - News Light Kenya

ITC and Equity Group Join Forces to Expand Trade Finance Across East Africa

From L-R: International Trade Centre (ITC) Executive Director Pamela Coke-Hamilton and Equity Group Managing Director and CEO Dr James Mwangi during the signing of a memorandum of understanding between ITC and Equity Group Holdings PLC to advance inclusive and commercially sustainable economic development across East Africa, beginning with Kenya. The partnership will focus on strengthening…

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James Mwangi champions technology-driven trade and inclusion at Africa CEO Forum

 Equity Group Managing Director and CEO, Dr. James Mwangi addresses guests during the tech-themed breakfast hosted by Equity Group on the sidelines of the ongoing Africa CEO Forum. Equity Group Managing Director and CEO James Mwangi has called for deeper collaboration between governments, financial institutions and technology players to unlock Africa’s digital economy and accelerate intra-African trade. Speaking during…

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Britam Brings Together Over 100 SMEs for Growth Forum in Thika

More than 100 Small and Medium-sized Enterprises (SMEs) from Thika and its surrounding areas converged for the Britam Biashara Network forum, a business engagement initiative aimed at equipping entrepreneurs with practical strategies to navigate economic challenges, improve profitability and build sustainable enterprises. The forum, themed “Unlocking SME Potential and Growth in Kenya: Profits Under Pressure,”…

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Middle-Income Earners Emerge as Key Revenue Drivers for NCBA Bank

NCBA-DIRECTOR-HEAD-OF-BRANCHES-RIGHT-GIFTING-A-CUSTOMER-DURING-THE-WEALTH-MANAGEMENT-ENGAGEMENT NCBA Bank has identified middle-income earners as one of its fastest-growing and most valuable customer segments, with the group now emerging as a major contributor to the bank’s revenue growth due to rising uptake of investment products and wealth management solutions. The bank said the segment, largely made up of young and digitally savvy…

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Microfinance Sector Faces Profitability Pressures Despite Driving Jobs and Inclusion, Industry Leaders Say

AMFI Chairman Wangaruro Mbira speaking  the Association of Microfinance Institutions Kenya (AMFI-K) Media Breakfast and Sensitization Forum in Nairobi. Nairobi, April 29, 2026 Kenya — Less than half of microfinance institutions in Kenya are currently profitable, a reality industry leaders attribute to high-risk lending models, expensive capital, and regulatory challenges, even as the sector continues…

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KAM Calls for Peaceful Protests Amid Fuel Cost Concerns

  The Kenya Association of Manufacturers (KAM) has urged Kenyans to exercise restraint and uphold peace during planned demonstrations over the rising cost of fuel, even as concerns over the high cost of living persist. In a statement issued Monday, KAM acknowledged public discontent following the recent fuel price review by the Energy and Petroleum…

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MWAK, Family Bank Foundation Deepen Sponsorship to Empower KDF Children Through TVET Programme

Military Wives Association of Kenya (MWAK) Chair Grace Kahariri & The Family Group Foundation Chair Francis Muraya, after signing a partnership to support scholarships, vocational training, youth entrepreneurship, and environmental programmes during the graduation of 89 dependents of Kenya Army service men and women from the TVET programme by the Foundation and MWAK. NAIROBI, April…

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Absa Bank hands over KES2 million to Njoroge Kibugu for stellar performance at the 2026 Magical Kenya Open

Absa Bank Kenya Marketing and Corporate Affairs Director Mwihaki Wachira presents a KES. 2 million cheque reward to pro golfer Njoroge Kibugu and his caddie Bo Ciera following his remarkable performance at the 2026 Magical Kenya Open presented by Absa in February. Nairobi, Kenya March 25, 2026 – Kenya’s top professional golfer, Njoroge Kibugu, has…

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