Category: Business News
KCB Group recorded a KSh47.3 billion profit after tax in the third quarter ending September 30, 2025. According to the unaudited Q3 results, the KCB group had a total income of Ksh149.4 billion. This consists of net interest income of Ksh104.3 billion and non-funded income of Ksh45.1 billion. Net interest income was as follows: interest […]
Safaricom has issued an update on the major M-Shwari outage that has left customers unable to access the service for more than 12 hours. Customers expressed frustrations on social media on Tuesday, November 18. There were complaints that their deposits and withdrawals were not being reflected, and balances remained unchanged. In a statement at 2:27on […]
The Central Bank of Kenya (CBK) has announced the commencement of the Virtual Assets Service Providers Act, 2025. In a notice, CBK said the Virtual Assets Service Providers Act, 2025 (Act No. 20 of 2025), which was gazetted on October 21, 2025, became effective on November 4, 2025. The Act provides the legislative framework for […]
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