Articles

  • 1 week ago | standardmedia.co.ke | Brian Ngugi

    SBM Bank Kenya Ltd posted an after-tax profit of Sh12.4 million in the first quarter of 2025, reversing a Sh370 million loss recorded during the same period last year, the lender announced on Tuesday. This performance marks a turnaround and represents early progress for a turnaround strategy implemented under Chief Executive Bhartesh Shah, who assumed leadership in May 2024.

  • 1 week ago | standardmedia.co.ke | Brian Ngugi |Macharia Kamau

    Influential Kenyan energy and infrastructure group Gulf Energy has agreed to acquire Tullow Oil's entire Kenyan holdings for a minimum of $120 million (Sh15.4 billion). The landmark move positions the local firm—which has risen to prominence in recent years following lucrative State-backed business deals—as the key player in the long-stalled Turkana oil project and its potential future riches.

  • 1 week ago | standardmedia.co.ke | Brian Ngugi

    Kenya has voiced strong support for closer cooperation between China and Africa amid escalating global trade tensions. A senior Kenyan diplomat has called for the retraining of African diplomats to effectively navigate the evolving international landscape. The call came as China pledged to deepen its partnership with African nations like Kenya.

  • 1 week ago | standardmedia.co.ke | Brian Ngugi

    The Kenya Bankers Association (KBA) has joined forces with the Chartered Institute for Securities & Investment (CISI) to elevate standards in credit risk management within Kenya's banking sector. The strategic partnership, formalised through a Memorandum of Understanding (MOU), will see the KBA endorse the CISI's Fundamentals of Credit Risk Management (FCRM) exam to its 46 member banks.

  • 1 week ago | standardmedia.co.ke | Brian Ngugi

    The Trump administration is now prioritising Kenya for food and agriculture agreements despite having imposed tariffs that have strained the trade partnership between Nairobi and Washington.

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Brian Ngugi
Brian Ngugi @brian_ngugi
28 Mar 25

President Xi Jinping addressed global business leaders at The Great Hall of the People in Beijing, reaffirming China's commitment to open markets and denouncing protectionist tariffs amid rising global trade tensions. #China #GlobalEconomy @StandardKenya https://t.co/WEPicVl979

Brian Ngugi
Brian Ngugi @brian_ngugi
10 Mar 25

As Western aid, retreats China assures Africa: "You Will Never Walk Alone." My latest from Beijing on China's deepening ties with Kenya & the continent. Read More: https://t.co/vdew9keu1L ⁦@CGTNOfficial⁩ ⁦⁩ ⁦@ChinaDaily⁩ ⁦@XHNews⁩ ⁦⁦@PDChina⁩ https://t.co/XroOQQ8eXv

Brian Ngugi
Brian Ngugi @brian_ngugi
5 Mar 25

RT @CGTNRadio: #TwoSessions2025 African journalists see big lessons for Africa in China’s governance, AI advancements, and opening-up polic…