Category
Finance
Personal and national finance in Kenya: banking, credit, taxes and money decisions explained clearly.
Shelter Afrique (ShafDB) cleared to issue green and social bonds for housing
Shelter Afrique Development Bank’s Sustainability Finance Framework, backed by S&P Global Ratings’ second-party opinion and aligned with ICMA green/social bond principles, opens the door to green, social and sustainable bond issuance for African affordable and climate-resilient housing.
KCB half-year profit hits Sh36.1bn as board pays Sh9.64bn interim dividend
KCB Group net profit rose to Sh36.1 billion in H1 2026 from Sh31.5bn, with an interim dividend of Sh3 per share (Sh9.64bn total) for over 193,000 shareholders as loans hit Sh1.3tn and regional units drove growth.
NCPWD starts nationwide tax-exemption verification for persons with disabilities
NCPWD CEO Dr Michael Munene launched a multi-agency eligibility verification for PWD tax relief, starting in Kisii with 400+ vetted; digital e-Citizen applications plus physical assessment across 12 counties, under the Persons with Disabilities Act 2025 path.
CMA greenlights new Britam and Zimele funds for global equities and green SMEs
The Capital Markets Authority approved Britam multi-asset and global equities sub-funds, several Zimele USD and goal-based products, and Britam’s Green Investment Fund LLP targeting climate-focused MSMEs in Kenya and the EAC.
Co-op Bank half-year profit jumps 28% to Sh18bn on subsidiaries boom
Co-operative Bank posted a record first-half net profit of Sh18 billion, up 28% from Sh14.1bn, as subsidiaries surged, NPLs fell to 13.9% and staff rose to 6,591 under Gideon Muriuki’s Good to Great strategy.
PAYE hits Sh598.8bn, beating Treasury target for first time in three years
Pay-As-You-Earn collections reached Sh598.807 billion in the year to June 2026, beating the Sh592.1bn target by Sh7.7bn after three years of misses; KRA CG Adan Mohammed called growth encouraging but below 8.5% prior averages.
CMA approves broker-dealer upgrade and new fund manager licences
Capital Markets Authority approved Kestrel Capital’s upgrade from stockbroker to broker-dealer, a Fund Manager licence for Hass Crest Capital (Sharia-compliant plans), plus investment adviser and corporate trustee licences to deepen market capacity.
KRA Customs posts record Sh92.53bn in July, 107% of target
Customs collected a record Sh92.53 billion in July 2026/27, beating the Sh86.16bn Treasury target by Sh6.37bn (107.39%) and up 15.3% from July 2025; non-oil revenue hit a first-time Sh61.50bn.
CBK holds policy rate at 8.75% as inflation edges to 6.5%
MPC on 11 August 2026 kept the Central Bank Rate at 8.75% for a third straight meeting, citing inflation at 6.5% in July and risks from Middle East conflict and global energy prices; global growth projected at 3.0% in 2026.