PRIME UK fund’s Sh1.9bn Quickmart IPO deepen Kenya investment The Quickmart deal expands MOBILIST’s investments in the Kenyan capital market to Sh5 billion, accounting for about 75 percent of what it has invested in Africa so far.
PRIME Ruto signals tax cuts for workers, land buyers and phone users Besides the tax cuts, Mr Ruto is betting on increased economic growth to boost earnings and rev up jobs as he counted on increased earnings from farming, including sugar, coffee and dairy, to...
PRIME UK insurer’s Sh4.23bn premiums lift lid on expatriate health cover Bupa Global is the only insurer licensed in Kenya to operate exclusively in the international private medical insurance segment, distinguishing it from local providers such as Jubilee Health and...
PRIME CBK inflation forecasts struggle to keep pace with price shocks CBK expects inflation to rise in subsequent months, peaking at 7.2 percent in December 2026, before cooling off to 4.8 percent by September 2027.
PRIME Kenya’s economy to grow slightly faster in 2027 on lower inflation Projections suggest households could face less pressure from rising prices even as businesses operate in an economy expanding at a modest pace.
PRIME Record Sh99bn September bank loans signal strong private sector credit growth Credit expansion in the economy has coincided with a continued improvement in loan affordability as banks continue to cut borrowing costs even after CBK’s paused cuts to its benchmark rate.
PRIME Banks bad loans fall to 44-month low on improved repayments, credit affordability Bad loans are usually arrived at by dividing total gross loans from delinquencies, implying that the ratio of NPLs improves with the underwriting of more new loans.
PRIME CBK raises number of bank directors, caps chair tenure CBK reckons a director gains vested interest in the bank after nine years, prompting the introduction of the cap.
PRIME M-Pesa, Airtel Money can invest customer deposits under new Bill The leading mobile money platform M-Pesa transacted Sh41.7 trillion in the year to March 2026.
PRIME Payment firms capital raised up to Sh250m in new Treasury Bill Under the PSPs licence, payment initiation service providers and account information service providers will be required to have Sh5 million in minimum capital.
PRIME Clerical jobs stage a comeback as banks expand branches Many banks have been reassessing the role of physical branches following years of investment in mobile banking, internet platforms, agency banking and other digital channels.
PRIME Co-op boosts dollar lending capacity with $100m currency swap Currency swaps are used to obtain foreign currency loans at a better interest rate than a company could obtain by borrowing directly in a foreign market.
PRIME Investors extend mini-malls frenzy amid youth influence The expansion comes as consumer behaviour continues to shift towards convenience, accessibility and hyper-local shopping.
PRIME EA private investment deals rise despite global shocks This year, firms have transacted deals under difficult investment conditions due to the war in Iran.
PRIME State rushes to overhaul investors one-stop centre The one-stop centre has mainly operated as a physical facility, requiring investors to visit Invest Kenya's offices for help in navigating government departments.
PRIME Businesses face higher costs as Meta sets WhatsApp messaging charges WhatsApp Business is a standalone version of the popular messaging application designed for small business owners to connect with customers.
PRIME Competition Tribunal paralysis stalls Carrefour, Koko and GTB appeals Among the cases now stuck is an appeal by Koko Networks (Kenya) Limited, over an exclusive arrangement between the clean energy company and Vivo Energy for the supply/distribution of Koko’s...
PRIME Jumia Kenya sales hit record Sh6.4bn as fashion offsets smartphone slump Its $216m Gross Merchandise Value across Africa during the second quarter was a 20pc year-on-year increase from $180m last year.
PRIME Treasury cuts domestic borrowing by Sh132bn The cut in domestic borrowing is expected to increase the pool of funds available in banks for lending to households and businesses.
PRIME CBK raises weekly Treasury bill target to Sh28bn CBK has targeted Sh28 billion in each of its last two weekly T-bill auctions, with a higher quantum placed on the shortest dated 91-day paper at Sh8 billion from Sh4
PRIME US crypto firm exits Kenya amid anti-money laundering scrutiny Kenya remains on the list of countries at high risk of money laundering and terrorist financing, with the Financial Action Task Force (FATF) placing the country on its "grey list."
PRIME Wealthy investors book Sh40bn gains on NSE rally The billionaire investors include bank executives James Mwangi and Gideon Muriuki, the Kenyatta and Ndegwa families.
PRIME StanChart wins key roles as CBK eyes global investors The deal will see the Nairobi Securities Exchange-listed firm earn substantial fees as the National Treasury seeks to deepen the base of investors buying the country’s debt instruments.
PRIME CBK forecasts costly fuel widening current account deficit to 3pc this year CBK is projecting that goods imports will grow by 8.1 percent to $25.62 billion (Sh3.32 trillion) this year, while exports will expand by just 2.3 percent to $13.34 billion (Sh1.73 trillion).
PRIME Private sector activity contracts for second month Last April 2026, businesses reported a drop in output and new orders, marking the second consecutive month of contraction as households and firms cut back spending in response to rising prices...
PRIME The payments innovator Kenya has lost in Equity Group’s director for payments and international banking
