KCB Group wants to borrow up to KSh300 billion over the next five years and spend it on projects that help the environment or society. Before it can do that, it needed a rulebook telling investors exactly how that money would be chosen, tracked and reported. That rulebook is the Sustainability Bond Framework the bank launched on August 19, 2026. Here is what it covers and why it matters. What is a sustainability bond framework? Think of it as a contract KCB has written with itself, and shown to the public, about how it will spend money it borrows through…
Author: Lynet Awino
Lynet Awino
Lynet Okumu, a Masinde Muliro University graduate, is a digital journalist passionate about impactful storytelling. She writes on health, business, relationships, and daily life, blending accuracy and creativity to craft engaging, informative content.
Liberty Kenya Holdings closed the six months to June 2026 with total earnings of Sh231 million, down 11% from Sh260 million a year earlier. Weaker investment income drove the decline, even as the insurer’s core underwriting business turned in one of its strongest performances in years. The company did not recommend an interim dividend. Investment Income Drags On An Otherwise Strong Half Net investment income fell 22.6% to Sh1.68 billion, as a softer interest rate environment cut returns across the Group’s holdings. That single line item explains most of the profit decline. Pre-tax profit from continuing operations dropped 42.5% to…
SuperSport turned its FIFA World Cup 2026 broadcast into a continentwide digital campaign. The #EverythingCanWait campaign generated 19.1 billion views across social platforms during the tournament, while SuperSport’s own channels delivered 677 million video views. YouTube and TikTok accounted for 84 percent of that total. The numbers follow from what Khusoko reported in July on SuperSport’s coverage bet: the broadcaster carried all 104 matches across every DStv tier under the Sleep Can Wait campaign in Kenya. That pricing move pulled fans in. The digital campaign kept them engaged between matches. A content engine for the second screen SuperSport produced 817…
KCB Group Plc grew profit before tax by 20.8 percent to Kshs 49.3 billion in the first half of 2026, up from Kshs 40.8 billion in the same period last year. The lender announced the results on Wednesday, crediting income growth and tighter cost discipline for the jump. Total assets grew 16.8 percent to Kshs 2.3 trillion. Customer deposits rose 15.1 percent to Kshs 1.7 trillion, while gross loans expanded 14.2 percent to Kshs 1.3 trillion, supported by strong demand across the corporate and retail franchise. “Our strong half year performance reflects the resilience of KCB Group’s diversified business model,…
Safaricom has opened nine new mobile number prefixes for customers seeking new lines. The company announced the change on August 10, adding 0118, 0119, 0140, 0141, 0142, 0143, 0180, 0181 and 0182 to its numbering system. The expansion responds to a 07xx range that has served Safaricom customers since the company launched in Kenya but is now running out of numbers. Mobile and data use kept climbing, and that range started running low on space. Existing customers keep their current numbers. Nothing changes for them. The new prefixes apply only to people getting a new Safaricom line, whether they are…
The Ethiopian Securities Exchange has a new leader. Yodit Kassa steps into the Chief Executive Officer role after Dr. Tilahun Esmael Kassahun, the exchange’s founding CEO, resigned. The move marks the first executive handover at Ethiopia’s pioneer securities exchange since it opened its doors. A Founder’s Exit After Building the Market From Scratch ESX announced the transition in an official statement released Friday. The exchange credited Tilahun with carrying the institution through every early stage: from a project on paper to a fully functioning marketplace. Over four and a half years, he built the governance frameworks, raised capital, integrated trading…