Banking and Financing - News Light Kenya

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…

Read More

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…

Read More

Kenya’s manufacturing sector has called for urgent action to address logistics bottlenecks that continue to undermine competitiveness and limit the country’s ability to fully benefit from the African Continental Free Trade Area (AfCFTA). This was during the launch of the Logistics Study Report by Kenya Association of Manufacturers (KAM). Findings from the report reveal that logistics costs across key trade corridors remain high…

Read More

30% of Working Kenyans Earning More as Financial Optimism Rises – Old Mutual Monitor

L-R Onassis Ndegwa Head of Business Development – Corporate Business Old Mutual Investment Group Kenya, Vuyokazi Mabude Head of Knowledge & Insights Old Mutual Limited, Martin Karenju Managing Director Old Mutual Life Assurance Kenya, Dr. Tabitha Njuguna Faculty Member Strathmore University Business School and Justus Kittony Head of Business Development Faulu Microfinance Bank take part…

Read More

Equity Tops Africa’s Banking Brands, Ranked Kenya’s Most Valuable Brand

Nairobi, March 23, 2026 — Equity Bank has reinforced its dominance in the financial sector after being ranked Africa’s strongest banking brand and Kenya’s most valuable brand in the latest assessment by Brand Finance. The lender posted a Brand Strength Index (BSI) score of 93.9 out of 100, earning the top-tier AAA+ rating and securing…

Read More

NBK Records 178% Growth in Pre- Tax Profit as Turnaround Gains Momentum in FY 2025

National Bank of Kenya (NBK), a wholly owned subsidiary of Access Bank PLC, has reported a strong financial performance for the year ended 31 December 2025, posting significant growth in profitability, strengthened capital position, and improved asset quality following its integration into the Access Group. Profit before Tax rose sharply to KShs 2.91 billion, up…

Read More

Equity Group Record KSh75.5 Billion Profit as Transformation Strategy Delivers Strong Growth

Equity Group Holdings has reported the highest profit in its history, posting a 55 percent jump in net earnings to KSh75.5 billion for the financial year ending 2025, underlining the success of its ongoing strategic transformation and regional expansion. The Group’s strong performance was driven by diversified revenue streams, improved efficiency, and growing contributions from…

Read More

Private Sector Protests New KEBS Levy, Warns of Rising Cost of Doing Business

Kenya’s leading business associations have called for the suspension of the new standards levy introduced by the Kenya Bureau of Standards (KEBS), warning that the measure will significantly raise the cost of doing business and undermine the competitiveness of local manufacturers. The government gazetted the Standards (Standards Levy) Order, 2025 under Legal Notice No. 136…

Read More

KSC SACCO Hits Sh501 Million Asset Mark as It Embraces Technology and Expands Member Returns

Karura Community Savings ( KSC)  SACCO held its 8th Annual General Meeting on Saturday in Nairobi, unveiling strong financial growth, improved loan performance, and a renewed push toward digital transformation. The meeting, held at the Sacco’s offices behind Rosslyn Riviera Mall, presented the 2025 audited financial results, dividend declarations, 2026 budget projections, and board updates,…

Read More