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1 week ago | 
standardmedia.co.ke | Esther Dianah
Absa Bank Kenya has unveiled an enhanced home loan solution, offering 110 per cent financing to help Kenyans climb the property ladder. The new facility is available at competitive interest rates, with a repayment period of up to 25 years. The financing is available for both direct purchase and remortgaging. It is open to salaried individuals, small and medium enterprises (SME) owners, and Kenyans in the diaspora.
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1 week ago | 
standardmedia.co.ke | Esther Dianah
The Central Bank of Kenya has said it will lift the moratorium on licensing of new commercial banks on July 1, 2025, which may see more lenders enter the market. The moratorium, which has been in place from November 17, 2015, was imposed against a backdrop of governance, risk management, and operational challenges in the banking sector.
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1 week ago | 
standardmedia.co.ke | Esther Dianah
In a bid to address youth unemployment in the country, Prudential Assurance has announced plans to recruit and train more than 5,000 sales agents across Kenya over the next five years. Besides boosting its agent network from the current 1,000 to 5,000, the firm said, this will create more jobs for Kenyan youths.
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1 week ago | 
standardmedia.co.ke | Esther Dianah
Kenya cannot have a thriving textile Industry and at the same time remain a favourite export destination for second hand clothes, Trade Cabinet Secretary Lee Kinyanjui. According to the CS, there is need for political good will to revive Kenya’s textile industry. He said the global trade realignment caused by Trump’s new tariffs on countries around the world is an opportunity for Kenya to look inwards to promote local manufacturing and enhance value addition.
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2 weeks ago | 
standardmedia.co.ke | Esther Dianah
A nonprofit dedicated to empowering new cities with better governance to lift tens of millions of people out of poverty, The Charter Cities Institute (CCI) will host a summit featuring a pitch competition. Dubbed Cities Catapult for urban development, the forum is aimed at accelerating the development of new cities.
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2 weeks ago | 
standardmedia.co.ke | Esther Dianah
A nonprofit dedicated to empowering new cities with better governance to lift tens of millions of people out of poverty, The Charter Cities Institute (CCI) will host a summit featuring a pitch competition. Dubbed Cities Catapult for urban development, the forum is aimed at accelerating the development of new cities.
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2 weeks ago | 
standardmedia.co.ke | Esther Dianah |Macharia Kamau
Oil marketing companies are holding off investing in the expansion of their cooking gas operations, citing a resurgence in the illegal refilling of cylinders. The firms say despite the enormous potential in transitioning Kenyans from reliance on dirty fuels such as charcoal and firewood, rogue elements within the industry are eroding their investments and are now wary of putting more cylinders into the market.
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2 weeks ago | 
standardmedia.co.ke | Esther Dianah
Kakuzi PLC has implored regulatory and related government agencies to prioritise market access dialogue for the benefit of local agribusiness players. It has reiterated the need to reduce the national dependency on European markets for agribusiness trade by exploring avocado exports to the United States of America.
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3 weeks ago | 
standardmedia.co.ke | Esther Dianah
×The Standard Group Plc is a multi-media organization with investments in mediaplatforms spanning newspaper print operations, television, radio broadcasting,digital and online services. The Standard Group is recognized as a leadingmulti-media house in Kenya with a key influence in matters of national andinternational interest. Standard Group Plc HQ Office,The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya.
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3 weeks ago | 
standardmedia.co.ke | Esther Dianah
Kenyan businesses face significant challenges in accessing credit due to high lending rates, a situation that could further be exacerbated by the government’s growing appetite for borrowing locally. This is as the National Treasury plans to crank up borrowing from local banks in the coming years, crowding out the private sector. Treasury Cabinet Secretary John Mbadi said the government has planned to increase credit supply as it struggles to keep lending rates down.
