Airtel launches Bizna wallet
Airtel Kenya has launched Bizna Wallet, a mobile money product targeting micro-businesses and directly competing with Safaricom’s M-Pesa Pochi la Biashara. The new wallet allows customers to pay businesses at no cost. The move comes ata a time when…
SMEs lock out
Stringent certification requirements are locking many small businesses out of lucrative government tenders, denying startups an opportunity to grow despite their role in creating jobs, an expert has said. Speaking to Capital Business, SME expert and…
Foreign exchange rise
Kenya’s foreign exchange reserves rose by a record 1.55 billion U.S. dollars this week to reach an all-time high of 15.4 billion dollars, the Central Bank of Kenya (CBK) announced in its weekly financial markets update on Friday evening. The reserve…
CBK bonds sale
CBK has opened a Ksh150 billion sale of three reopened infrastructure Treasury bonds to finance government infrastructure projects. the offer closes on August 12, with settlement scheduled for August 17. The bonds have remaining maturities of 9.3, 12.7…
NTSA to regulate PSV fares
Matatu operators have opposed a proposed law that would give the NTSA the power to regulate PSV fares, arguing that it is unworkable. The NTSA Amendment Bill, 2023, sponsored by Kimilili MP Didmus Barasa, seeks to allow NTSA to set minimum and maximum…
Nairobi stock exchange Report
Investors who sold Treasury bonds on the NSE earned Ksh132.7 billion in profits during the first half of 2026, up 30.7% from Ksh101.6 billion recorded a year earlier, according to the Capital Markets Authority.the gains were driven by falling interest…
FRC Flags Ksh15.65B Illicit Wealth
The Financial Reporting Centre (FRC) has uncovered Ksh15.65 billion in suspected illicit wealth following the analysis of thousands of suspicious financial transactions reported in 2025. According to the agency’s latest report, the funds are linked…
KRA Flags Ksh629B China Import Gap
A Ksh629 billion gap between China’s export records and Kenya’s import data has raised fresh concerns over possible customs revenue leakages and tax losses According to Chinese customs data, goods worth Ksh1.3 trillion were exported to Kenya…