Banking and Financing - News Light Kenya

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…

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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…

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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…

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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…

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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…

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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…

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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,…

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Co-operative Bank, World Vision Kenya Roll Out Chapa Pay Integration to Boost Local Funding for Child Welfare

 Winnie Wabwire, Relationship Manager, Co-op Bank Speaking during the 2026-2030 FY plan. Partnership introduces bank-backed digital platform enabling secure, real-time donations as NGO sector shifts toward locally funded development amid declining global aid Nairobi, Kenya – 10.02.2025 – Co-operative Bank of Kenya and World Vision Kenya have partnered to integrate a secure e-commerce donation platform…

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Co-operative Bank Strengthens Transport Sector Support with New MetroTrans Sacco Buses

Deal reinforces Co-op Bank’s leadership in financing a multi-billion-shilling industry that moves most of Kenya’s workforce daily Nairobi, Kenya – 26.01.2026 – Co-operative Bank of Kenya and MetroTrans Sacco Ltd has announced the release of 21 new 33-seater buses, marking the first phase of an 85-bus asset financing programme valued at KSh 590 million. The…

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Njoroge Kibugu Arise Ahead After Round One of Absa Invitational Series at Karen

Njoroge-Kibugu-in-action-at-the-Karen-Country-Club-during-Round-One-action-of-the-the-Absa-Invitational-Series-the-final-leg-of-the-Sunshine-Development-Tour- Windsor Golf and Country Club professional Njoroge Kibugu carded an impressive 6-under par 64 to take the early lead after the opening round of the Absa Invitational Series, the final leg of the Sunshine Development Tour East Africa Swing, at Karen Country Club. Kibugu’s round featured three birdies on the front nine at the…

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