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KCB has been growing its pool of funds for loans targeting environmental sustainability and high social impact sectors, including energy, infrastructure, agriculture, health, and education.
Safaricom first entered Ethiopia in 2022, with Standard Bank acting as both advisor and financier. Since then, the telecom firm has invested $2.27 billion (Sh292.77 billion) in telecom and digital financial infrastructure across the country.
The ban, which is being watched closely around the world, was justified by campaigners and the government as necessary to protect children from harmful content and algorithms.
Kenya will keep manufacturers with annual turnover below Sh5 million exempt from the 2025 Standards Levy, protecting over 10,000 MSMEs as the levy ceiling rises and classifications are reviewed.
Kenya’s Investment CS Lee Kinyanjui led the launch of Korean firm K-Elec Kenya at Sarin Industrial Park, Nairobi, positioning the plant to boost local electronics production, jobs and regional exports.
Alongside Nyakeri’s appointment, the KRA Board has cleared Alex Kimani Mwangi to lead the newly formed Tax Research and Analysis Unit as Commissioner, beginning January 12, 2026. The unit is expected to serve as a centre for research, modelling, forecasting, and analysis of tax policy using evidence and data.
The change, which took effect on December 1, 2025, marks a major shift in how loans will now be priced under the bank’s updated credit framework.
The bank served as the sole arranger, lender, and facility agent for the term facility, also providing advisory services to ensure the funding meets Safaricom’s specific operational and market needs.
The regulator confirmed that lenders have settled on varying benchmarks as they roll out the revised risk-based pricing model, meaning customers will now rely on different base rates depending on the bank.
A deficit shows that outflows are higher than inflows, meaning the economy must rely on outside funding to maintain stability. Kenya’s goods trade balance remains the main source of the gap due to the country’s reliance on imported inputs, machinery and consumer products.
The African Development Bank and KCB Bank Kenya have signed a Sh19.4bn package to strengthen KCB’s capital and trade guarantees, expanding green lending and SME finance in Kenya and the region.
The previous IMF arrangement ended in March this year, one month before its planned expiry, after the country failed to meet several performance targets, including raising more tax revenue. The collapse of that programme left the State seeking new room for credit at a time when its access to IMF funds is already tight due to nearly maxed-out limits.