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Why banks must embrace digital lending to protect customers

Commercial banks across the country have been urged to leverage the digital lending space to protect customers.Bhartesh Shah, Chief Executive Officer of SBM Bank Kenya, says mushrooming digital lenders have taken advantage of the vulnerability of those seeking convenience by burdening them with expe

By The Standard Nov 21, 2025

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Forex trading: Before you invest, understand how it works

Foreign exchange trading, better known as forex, has become one of the most accessible ways for everyday people to step into global finance. The idea of trading currencies from your laptop or phone can feel thrilling, almost like opening the door to endless possibilities.But behind the buzz sits a t

By The Standard Nov 21, 2025

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Mobile and internet banking raved up financial inclusion

While about 85 per cent of Kenya’s population have formal financial access, statistics show that one in every 10 Kenyans is financially excluded.Mobile banking, internet banking and digital platform integrations have been highlighted as tools for creating financial inclusion for the unbanked.Ralph O

By The Standard Nov 21, 2025

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EAC mulls new strategy to improve blue economy

The East African Community(EAC) is pursuing an ambitious plan to transform the sustainable use and conservation of the region's fragile blue economy.The move is part of an effort to incorporate regional integration to help achieve environmental sustainability while enhancing food security in the reg

By The Standard Nov 21, 2025

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NCBA, Diamond Trust and IM join big lenders in profit boom

Tier one lenders NCBA Group, I&M Group and Diamond Trust Bank (DTB) have reported higher profits for the period ended September 30.They are joining a sector-wide earnings boom after larger rivals, including KCB Group, Equity Group, and Cooperative Bank, also posted jumps in net income.Get Full Acces

By The Standard Nov 21, 2025

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Kenya rises from economic crisis to sixth-largest economy in Africa

President William Ruto says Kenya has climbed from the brink of economic collapse in 2022 to become Africa’s sixth-largest economy, with a gross domestic product of $136 billion, up from $115 billion three years ago.Speaking during the State of the Nation address at Parliament on Thursday, November

By The Standard Nov 21, 2025

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Government announces plan to privatise cash-strapped KCC company

The government has announced plans to privatise struggling Kenya Co-operative Creameries (KCC) as part of addressing farmers’ payments and productivity.According to Wycliffe Oparanya, Cabinet Secretary for Cooperatives and MSMEs, the milk processing giant isstruggling to pay farmers, a situation tha

By The Standard Nov 21, 2025

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What international laws say about Museveni's Indian Ocean claims

Ugandan President Yoweri Museveni’s claim of Kenya’s territorial waters of the Indian Ocean has sparked debate among maritime analysts and citizens of the two countries.PresidentMuseveni warnedof future wars between landlocked nations and their neighbours if they are denied access to the sea, in wha

By The Standard Nov 21, 2025

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Ex Chase Bank Chair hit with heavy fines in dual landmark rulings

Former Chase Bank Chairman Zafrullah Khan and two senior managers have been fined Sh11 million by the Capital Markets Authority (CMA), bringing to a close a legal dispute that has lasted nearly a decade in one of Kenya’s most notable corporate governance scandals.Get Full Access for Ksh299/WeekUnloc

By The Standard Nov 21, 2025

Source: The Standard

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