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Equity Group’s H1 2025 profit after tax surged 17% to KSh 34.6 billion, driven by stronger net interest income and regional diversification. The bank's total assets...
U.S. indicts Kenyan, Bulgarian, and others in a $58M arms conspiracy tied to Mexico’s CJNG cartel, revealing a global trafficking network. Kenyan, Bulgarian and Others Indicted...
Rwanda’s ban on second-hand clothing has triggered U.S. trade sanctions, suspending its apparel benefits under AGOA. The move pits industrial growth ambitions against open-market access.
Sudan’s deepening crisis now pits two rival governments against each other, each claiming legitimacy. The standoff threatens to derail peace efforts and worsen humanitarian suffering across...
Sam Muturi’s decisive leadership has steered Consolidated Bank from a decade of losses to a Sh21.4 million profit. His turnaround strategy focused on cost-cutting, digital banking,...
Public feedback on the draft CBK regulations will be accepted until September 5, 2025. The proposals replace the term “digital lenders” with the broader “non-deposit-taking credit...
June peace deal with Rwanda boosts investor confidence Troop withdrawal and economic corridor plans lay the groundwork for U.S. mining investment. Analysts call it a turning...
Efforts to stabilize cobalt prices are backfiring for producers. Glencore warns a large chunk of output could sit idle if the export freeze continues.
Banks now receive $500M per month in FX Expanded FX supply aims to rein in parallel market distortions and bolster liquidity.
Ethiopia’s Zemen Bank Makes Regional Move Founded in 2008, Zemen Bank launches its first international branch in Djibouti. The strategic move signals Ethiopia’s growing regional banking...
