News
EXPLAINER: What happens to money in your M-Pesa when you die
Most families have found themselves in situations where they do not know what steps to take in order to access money left in M-Pesa wallets of their kin after death.
Business
Business
Kenya must tackle shrinking fiscal space and tax gaps, Atandi warns
Atandi said Parliament is increasingly concerned about the widening revenue gaps, which continue to constrain government spending and increase reliance on borrowing.
Business
Majority of low-income Kenyans lack pension savings
Experts warn that without savings, low-income earners face financial difficulties as they age, especially in a society where younger family members are no longer the main source of support. Many retirees or those nearing the official retirement age of 60 have no choice but to continue working.
Business
New survey reveals deep county gaps in insurance coverage
The survey shows that 12 percent of Nairobi and Kiambu residents reported having at least one insurance policy in their name last year, not including social health coverage. Murang’a followed at 11.3 percent, Nyeri at 10 percent, and Kirinyaga at 9.5 percent.
Business
Absa Bank posts 15% profit rise on lower loan provisions
Operating expenses dropped 13 percent as the bank’s lower loan provisions cushioned the impact of falling interest earnings. The decrease in provisions came even as the total stock of non-performing loans rose 3.8 percent to Sh44.3 billion, amid a tough economic environment where borrowers, both individuals and companies, face repayment challenges.
Business
Regulator denies claims of DNA or fingerprint collection for mobile lines
The regulator said the new rules were introduced to prevent SIM card fraud, safeguard the integrity of telecommunications, and support secure access to digital services such as mobile payments, government services, and online commerce.
Business
DTB opens its 92nd branch in Kenya as Garissa’s investment climate strengthens
Garissa Governor Nathif Jama, who officiated the inauguration of the latest bank in the town on Monday, November 17, 2025, said the move underscores the region’s improving business environment and growing investor confidence.
Technology
Cloudflare apologises for outage which took down X and ChatGPT
Thousands of users began reporting issues with the sites, as well as other services, to outage monitoring site Downdetector shortly after 11:30 GMT.
Business
Kenya Power awards Sh3.5 billion in AGPO tenders to youth, women, and PWDs
The move highlights the state-owned company’s commitment to inclusive procurement and economic empowerment under the Access to Government Procurement Opportunities (AGPO) framework.
Business
CBK buyback bond attracts huge investor surge
The CBK had offered Sh30 billion for the buyback programme, but the bids received surpassed this amount by over Sh4 billion, underscoring what the Bank indicated as renewed confidence in government securities.
Business
KenGen raises Sh1.37bn for unpaid customer bills
KenGen’s impairment allowance rose sharply from Sh774.71 million in the previous year, highlighting the impact of delayed payments from both commercial and non-commercial customers.
Business
Treasury proposes rules to tighten oversight and safeguard depositors
The Banking (Penalties) Regulations, 2025, are now under review by the Parliamentary Committee on Delegated Legislation, as lawmakers prepare to scrutinise their potential impact on the financial sector.