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News
SACCOs face digital survival race as technology reshapes cooperative sector
6+ hour, 35+ min ago (434+ words) Kenya’s SACCO sector is racing to embrace technology as cooperatives seek to win over a younger, digitally connected generation and expand access to financial services. The industry is exploring a shared technology model that would allow SACCOs to pool resources…...
Safaricom Ethiopia clarifies eSIM conversion after customer complaint
2+ day, 23+ hour ago (331+ words) Safaricom Ethiopia on Thursday, September 10, 2026, responded after a customer raised concerns about difficulties switching from a physical SIM card to an eSIM. The customer questioned why they had been told to get a completely new number in order to use…...
Kenya fuel prices face fresh pressure as oil tops Ksh13,000 ahead of EPRA???s September review
3+ day, 22+ hour ago (827+ words) Kenya’s motorists are heading into the next fuel-price review with renewed pressure building in the global oil market after Brent crude rose above US$100 a barrel, or about Ksh13,000, for the first time in six weeks. The move comes just days…...
Ksh122B spent, but Ruto???s housing programme delivers less than half its target, report shows
6+ day, 20+ hour ago (848+ words) Kenya’s affordable housing programme spent Ksh122.18 billion in the 2025/26 financial year but delivered less than half of its annual completion target, highlighting a gap between government spending and the pace of construction. The Controller of Budget’s National Government Budget Implementation Review…...
Why Ruto???s Hustler Fund faces World Bank test as review probes how Kenyans borrow and save
1+ week, 3+ day ago (763+ words) President William Ruto’s Hustler Fund is facing a fresh assessment by the World Bank that could provide new evidence on how Kenyans have used the government-backed credit programme and whether its lending and savings components are changing their financial behaviour....
Why Ruto’s Hustler Fund faces World Bank test as review probes how Kenyans borrow and save
1+ week, 3+ day ago (763+ words) President William Ruto’s Hustler Fund is facing a fresh assessment by the World Bank that could provide new evidence on how Kenyans have used the government-backed credit programme and whether its lending and savings components are changing their financial behaviour....
Explainer: What 2026 KRA tax amnesty means for businesses and employees
2+ week, 4+ day ago (1107+ words) Businesses and employees with old tax problems have until December 31, 2026, to clear qualifying liabilities and have related interest, penalties and fines waived under a new Kenya Revenue Authority (KRA) tax amnesty. The programme, introduced under the Finance Act, 2026, took effect…...
Safaricom responds after woman loses Ksh95,000 in M-PESA agent fraud
2+ week, 5+ day ago (335+ words) Safaricom has responded to a social media complaint after a Kenyan woman reportedly lost Ksh95,000 in an M-PESA agent fraud, with the affected family appealing for help recovering the money. The incident was brought to the attention of Safaricom on X…...
5 real estate investments Kenya could be missing as EAC cities expand
3+ week, 14+ hour ago (592+ words) Kenya’s property market is creating opportunities beyond the traditional bet on apartments and land, with affordable housing, logistics, data centres, student accommodation and green buildings emerging as investment segments to watch. A new Real Estate Investment in Africa report identifies…...
Kenya vs Rwanda: What property investors should know before choosing a market
3+ week, 13+ hour ago (517+ words) Kenya and Rwanda are offering different opportunities to property investors, with Kenya recording faster projected market growth while Rwanda’s Kigali market stands out for planning, policy stability and predictable urban development. A new Real Estate Investment in Africa report projects…...