Author: Muindi

Kenya’s infrastructure sector made notable strides in H1 2025, with the government allocating KSh 217.3 billion for road development, a 12.3% increase from the previous fiscal year. This investment signals a strategic pivot toward long-term connectivity and economic stimulation, with Public-Private Partnerships (PPPs) playing a central role in unlocking capital and accelerating delivery, according to Knight Frank Kenya’s Market Update H1 2025. PPP Momentum Builds Of the 33 PPP projects identified nationwide, 8 are active and 25 remain in the pipeline. The National Treasury has announced plans to initiate KSh 70 billion in new PPP deals starting July 1, 2025,…

Safaricom has launched B-Live, a new data product that allows customers to pay for mobile internet based on time rather than data volume, a bold shift aimed at restoring predictability and control in how Kenyans experience connectivity. What Is B-Live? B-Live offers unlimited browsing for fixed periods: 1 hour for KES 20 3 hours for KES 50 6 hours for KES 150 The bundles are available via USSD codes *544# and *555#, or through the mySafaricom app and web portal. “We recognise that our customers are different. Some prefer managing their usage in MBs or GBs, while others simply want…

Standard Bank Group has named Dr. Joshua Oigara as Regional Chief Executive (RCE) for East Africa, effective September 1, 2025. He will continue to serve as Chief Executive of Stanbic Bank Kenya, a role he has held since December 2022. The appointment is subject to regulatory approval. “Dr. Oigara brings deep market expertise and a proven track record of transformative leadership across East Africa,” the Group said in a statement. Proven Leadership Across Banking and Policy Dr. Oigara rose to prominence as Group CEO of KCB Group between 2013 and 2022, becoming the youngest chief executive of a Nairobi Securities…

Standard Chartered Bank Kenya has reported a 21% decline in profit after tax to KSh 8.09 billion for the half-year ended June 30, 2025, weighed down by lower interest and non-interest income. Despite the earnings dip, the lender maintained its interim dividend at KSh 8.00 per share, signalling confidence in its capital strength and long-term outlook. “We remain committed to delivering sustainable returns to our shareholders, even in a challenging environment,” the bank stated. Income Pressure and Market Headwinds Operating income fell 15% year-on-year to KSh 22.1 billion, driven by a 29% drop in non-interest income and a 7% decline…

Proto Energy Limited has announced an environmental milestone in its 2025 Half-Year Sustainability Report: a reduction of 7,085.76 tonnes of CO₂ emissions, equivalent to the impact of growing 4,723.84 hectares of eucalyptus trees for one year. A Vision of Endless Possibilities Through Sustainable Practices Themed “Creating a World of Endless Possibilities Through Sustainable Practices,” the report outlines Proto Energy’s structured ESG strategy anchored on three pillars: Environmental Impact: Emissions reduction, energy efficiency, and tree planting Social Responsibility: Health, education, and community empowerment Governance: Ethical leadership, ISO-certified operations, and transparent reporting This framework aligns with key UN Sustainable Development Goals (SDGs), including…

Lauritz Knudsen Electrical & Automation, a global powerhouse in electrical and automation solutions, has officially launched its operations in Kenya, marking its first entry into the African market. With over 70 years of innovation and a presence in more than 30 countries, the India-headquartered company is positioning Kenya as its strategic gateway to the continent. Powering Kenya’s Smart Infrastructure Ambitions Known for delivering cutting-edge technologies across residential, commercial, agricultural, and industrial sectors, Lauritz Knudsen aims to support Kenya’s growing demand for smart, efficient, and sustainable electrical infrastructure. “As we establish our presence in Kenya, we’re inspired by the country’s dynamic…