Business - News Light Kenya

Absa Bank Kenya Enhances Prestige Banking to Empower Salaried Professionals and Entrepreneurs

Absa Bank Kenya has launched an enhanced Prestige Banking offering, a financial proposition designed for salaried professionals and entrepreneurs. The enhanced offering aims to bridge a key gap in banking by providing solutions that support individual financial growth, wellbeing, and investment aspirations. The launch, held on the sidelines of the 2025 Magical Kenya Open Presented…

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Kenya Airways Cargo Crowned Best African Air Cargo Airline of the Year

Kenya Airways Cargo (KQ Cargo) has been named the Highly Acclaimed African Air Cargo Airline of the Year at the Air Cargo Africa Conference 2025, reinforcing its industry leadership and dedication to excellence in cargo operations across the continent. The prestigious award, determined through an extensive online voting process by readers of STAT Trade Times,…

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Kenya’s Economy Remains Resilient as Government Eases Debt Burden and Boosts Liquidity

The Kenyan economy has demonstrated remarkable resilience, navigating both domestic and external shocks to maintain steady growth. This was highlighted by Treasury Cabinet Secretary John Mbadi, who affirmed that the economy’s diversified structure and deliberate government policies have played a critical role in its stability. speaking on Thursday during a press briefing on the outline…

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Old Mutual Report Shows 70 Percent of Kenyans Facing Income Decline and High Stress

Economic confidence wanes as cost of living, taxes and job market challenges persist.Only 30 percent of Kenyans consistently meet expenses with surplus income 85 percent recognize the importance of retirement savings, but only 7 perfect feel financially pre A newly released report by Old Mutual reveals that 70 percent of Kenyans experienced a decline in…

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Absa Commits KES 11 Million to Renew Sponsorship for 2025 Sirikwa Classic World Cross Country Tour

Absa Bank Kenya has renewed its sponsorship of the Sirikwa Classic Cross Country with a KES 11 million investment in this year’s edition, becoming the championship’s title sponsors. Now in its 4th edition, the Absa Sirikwa Classic Cross Country – to be held on February 22nd in Eldoret City – is a World Athletics Cross…

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Equity Bank Cuts Interest Rates for the Third Time, Easing Borrowers’ Burden

Equity Bank (Kenya) Limited Equity Bank (Kenya) Limited has announced a fresh reduction in lending rates, marking the third rate cut in six months. The bank has lowered its interest rates by 300 basis points (34percent), a move expected to enhance credit affordability, support businesses, and stimulate economic growth. The new rates, effective February 13,…

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OPPO Kenya Addresses Influencer Payment Concerns, Takes Legal Action Against AIfluence

OPPO Kenya has responded to concerns raised by influencers regarding unpaid dues for their participation in the OPPO Reno12 series campaign. The company clarified that it had fully honored its financial commitments and placed the responsibility on the influencer marketing agency, AIfluence, which was contracted to manage the campaign. In a statement, OPPO Kenya explained…

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Absa Bank Flags Off 36 Kenyan SMEs for Exclusive Business Engagements in Estonia and Finland

Absa Bank Kenya Business Banking Director Elizabeth Wasunna, Cleaning the Airwaves (CTA’s) Richard Njau, Golden Connections International CEO Makena Mathiu, Honorary Consul for the Republic of Estonia in Kenya Kadri Ayal and Housepital Physician Dr. Theo Wangata during the flagging off of Absa Business Club SMEs to Estonia and Finland for a 10 day business…

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Government Hands Over KUSCCO Forensic Audit Report, Orders Immediate Investigations

MSMEs Development Cabinet Secretary Dr. Wycliffe Oparanya handing a report to IG NPS Douglas Kanja In a sweeping crackdown on financial mismanagement, the Ministry of Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) has officially handed over a forensic audit report on the Kenya Union of Savings and Credit Co-operatives (KUSCCO) to national security agencies,…

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Airtel Kenya Introduces ‘Airtel Lite’ for Seamless Access Without Data or Storage Limits

Airtel Kenya has launched ‘Airtel Lite,’ a cutting-edge Progressive Web App (PWA) designed to provide a seamless and lightweight self-care experience without consuming phone storage or data. Airtel Lite mirrors the capabilities of the My Airtel self-care app, allowing users to check balances, recharge, buy bundles, send money, pay bills, and access transaction history all…

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