Category
Finance
Personal and national finance in Kenya: banking, credit, taxes and money decisions explained clearly.
KCB half-year: profit before tax Sh49.3bn, interim dividend Sh9.5bn
KCB Group posted profit before tax of Sh49.3 billion for the six months to June 2026, up 20.8%. The board approved an interim Sh3 a share (Sh9.5 billion) payable November 2026. Assets hit Sh2.3 trillion; NPL ratio eased to 15.1% from 18.7%.
Bank CEOs: treat transaction data as collateral for SMEs without title deeds
At a 13 August 2026 Nairobi CEO forum, Spinmobile’s Victor Kiplagat said ‘data is the new collateral’ for traders, boda riders and barbers. Metropol CRB’s Gideon Kipyakwai said digital books show lower NPLs than some traditional books.
Treasury to launch DPMIS this year to track Sh2.48 trillion in partner funds
PS Chris Kiptoo was briefed Thursday on a Development Partners Management Information System due before year-end; the current platform shows Sh2.48 trillion in commitments, 91 partners, 313 projects and only 48.92% utilised.
Treasury BROP: Sh1.321 trillion deficit in 2027/28, Sh1.085 trillion from local debt
The draft 2026 BROP projects a Sh1.321 trillion (5.7% of GDP) deficit in 2027/28, financed by Sh1.085 trillion net domestic borrowing and Sh235.9 billion external; revenue is targeted at Sh3.943 trillion after a Sh60.2 billion miss in 2025/26.
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.