Business>Customer deposits grew 28% to KES 422 billion, reflecting strong customer confidence and franchise strength.
>Customer loans increased 24% to KES 290 billion, supporting business expansion, household prosperity, and economic activity.
>KES 181 billion in concessionary lending extended to MSMEs, reinforcing Stanbic's commitment to driving sustainable growth.
>Assets under management grew 63%, driven by continued expansion of diversified investment and wealth solutions.
BusinessAdefemi Akinsanya joins CNN International for new show Africa Inc.
BusinessMachakos Youth to Benefit from new Technology-Driven Employment Partnership
BusinessMajid Al Futtaim has expanded its retail footprint in Kenya with the opening of Carrefour's 36th store, located in Kilifi. The new 1,500-square-metre outlet is the sixth Carrefour branch outside Nairobi and offers groceries, electronics, home appliances, and fresh food. The expansion underscores Carrefour Kenya's commitment to increasing access to affordable, high-quality products, supporting local suppliers, creating jobs, and strengthening supply chains while promoting inclusive the economy.
BusinessThe updated investment solution now embeds critical illness and disability protection at no additional premium.
BusinessNairobi, Kenya – 20 May 2025 – Solarise Africa and RUBiS Energy Kenya are proud to announce that RUBiSOL, their joint venture focused on renewable energy solutions for Commercial and Industrial (C&I) clients, has be…
BusinessFrom cross-app assistance to one-tap phone care, TECNO EllaClaw explores how AI agents can help users get everyday tasks done with more control, convenience and confidence. NAIROBI, Kenya, June 24, 2026 – TECNO, the AI-…
BusinessThe “It’s That Fresh” campaign Phase 1 closes with more than 31.6 million views, 1,300 verified creators and 146 winners across Kenya. Nairobi, Kenya, May, 2026, The Coca-Cola Company through its Sprite brand in Kenya,…
BusinessNAIROBI, KENYA, MAY 13th, 2026 - Liberty Kenya has launched two health insurance products designed to close structural coverage gaps for Kenyans aged 65 to 85 and children aged 4 to 18 in institutional care. The product…
BusinessFor years, Safaricom has been known as Kenya’s leading telecommunications company. But today, the company is rapidly evolving into something much bigger — a digital ecosystem shaping how Kenyans communicate, do biashara…
BusinessIn finance, what customers see is confidence. What they do not see is calculation. When a client buys an insurance policy, invests in a unit trust, or contributes to a pension scheme, they buy peace of mind. They are no…
BusinessAfrica’s smartphone market is slipping back into a familiar trap: the “Megapixel Myth.” With devices like the Redmi Note 15 pushing massive 200MP cameras, the big number certainly sounds impressive on a billboard. But i…
