Category: Business News
Stanbic Bank Kenya and Stanbic Bank Uganda, both members of the Standard Bank Group, successfully closed a USD45 million (Ksh5.8 billion) long-term funding package to support the expansion of two PepsiCo bottlers in East Africa; Crown Beverages Limited (CBL) in Uganda and SBC Kenya Limited in Kenya on October 28, 2025 The transaction, comprising USD […]
The High Court has cleared Diamond Trust Bank (DTB) Kenya to auction Tuskys Supermarket’s Athi River branch to recover a loan that has ballooned to more than Ksh 320 million. Justice Ngaah Jairus, delivering the ruling in Mombasa on October 24, 2025, dismissed an attempt by Tuskys’ guarantors, Peter Thuo and Nelly Ngonyo Kamau, to […]
NCBA Bank has launched a pilot program that allows musicians to use their songs, catalogues, and royalty income as collateral for bank loans. The new initiative, co-designed with celebrated producer Morris Kobia, popularly known as Motif Di Don, aims to fill chronic financing gaps in Kenya’s creative economy, an industry valued at Ksh110 billion annually […]
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Former ODM MP and Minister is DeadSeptember 7, 2025
