Most Kenyan banks are still AI-immature, with limited understanding of how their systems make decisions, CBK says.
This comes after a survey showed 67% are in early stages of AI use, only 24% are advanced, and 44% of adopters can’t fully explain how their AI models work
A man in Germany donated old shoes to the Red Cross but secretly hid a GPS tracker inside. The shoes traveled to Zagreb, then Bosnia, where they were sold for just €10. The owner flew there to buy them back.
The UK will invest Sh18 billion in Kenyan startups and SMEs as part of a new 2025–2030 partnership deal.
It will also mobilise up to Sh266 billion in additional investments, unlock Sh36 billion in green financing, and back Nairobi’s rise as a regional tech and financial hub.
Mulot boys keep changing tactics
Now all they need to do is access your gmail, then go to contacts create a new contact with Safaricom or your bank as the name then call you from the number they saved
On your phone you'll see Safaricom or your bank calling.. Tell your parents
Kenya is now the second-largest IMF debtor in Africa with Sh392 billion in outstanding credit, trailing only Egypt.
Disbursements were paused in early 2025 following protests over tax hikes, but the IMF is now reviewing a fresh support program
@SusaHatch@chris_mungai@ewong@DexterCStrong Kenya is similar to Zimbabwe in several ways, having shared the same colonial context - and a slightly similar post colonial trajectory. In terms of race relations they’re quite similar but there are nuances to each.
Formed through merger just 6 years ago, NCBA Group has joined the ranks of Africa's top 25 largest banks.
It is now the 3rd fastest growing bank on the continent, according to the latest Financial Times listing.
MPs approved a bill to anchor NG-CDF, NGAAF, and the Senate Oversight Fund into the Constitution.
The bill now moves to the Senate for debate and final approval
Safaricom Ethiopia has hit 10 million active customers just four years after launch.
The milestone comes after Sh300 billion investment, rapid 4G rollout, and over 20,000 jobs created.
The most valuable companies in Kenya by market cap today:
Safaricom—Sh1 trillion
Equity Bank—Sh188 billion
KCB Bank—Sh148 billion
EABL—Sh147 billion
StanChart—Sh114 billion
ABSA—Sh107 billion
Co-op Bank—Sh103 billion
NCBA— Sh100 billion
Over 50,000 students who qualified for university haven’t applied for placement via KUCCPS.
Majority opted for KMTC, TVETs or TTCs, while others didn’t apply at all
Cigarettes top the list as the most counterfeited item in Kenya at 89.5%.
Antibiotics, pesticides, and skincare products follow closely, averaging around 88%