Business

Safaricom CEO Peter Ndegwa Takes Home KSh 324.5 Million After Record Profit

Patricia Waigwa July 13, 2026 0

Safaricom Group PLC disclosed that Chief Executive Officer Peter Ndegwa received KSh 324.5 million in total compensation for the 2025/2026 financial year (FY2026). The package reflects a 10.3 percent increase from the previous financial year and follows the company’s record-breaking

Business

ASAP Credit Partners with Weritas Health to Combat Counterfeit Medicines

Alfonce Mutuku July 13, 2026 0

New working capital facility will help licensed pharmacies stock verified medicines and reduce reliance on unverified suppliers. NAIROBI, Kenya / TORONTO, Canada — JULY 13, 2026 ASAP Credit, a Central Bank of Kenya (CBK)-licensed lender, has partnered with Weritas Health to provide working capital financing for licensed pharmacies across Kenya. The programme aims to help

Business

Waiguru Adds KSh10,000 Boost to NYOTA Programme

Patricia Waigwa July 10, 2026 0

On Friday, July 10, 2026, Kirinyaga Governor Anne Waiguru announced a KSh 10,000 top-up for every beneficiary of the National Youth Opportunities Towards Advancement (NYOTA) programme in the county. The additional funding increases the total startup capital for each beneficiary from KSh 50,000 to KSh 60,000. Governor Waiguru said the initiative will strengthen youth-owned

Business

Ruto Says Housing Levy Raised KSh1.2T, Records Show KSh369B

Patricia Waigwa July 2, 2026

President William Ruto’s claim that Kenyans have raised Ksh1.2 trillion through the Housing Levy in three years has sparked intense public debate and scrutiny. Specifically, while the President emphasised that the Affordable Housing Programme has built a massive self-sufficient portfolio avoiding foreign borrowing, official government financial reports indicate

Business

NEMA Stops KSh150 Fee, Reviews EPR Rules

Patricia Waigwa June 26, 2026

On June 25, 2026, Kenya’s National Environment Management Authority ordered an immediate halt to the Extended Producer Responsibility fee collection framework. Specifically, NEMA Director General Mamo B. Mamo directed the Kenya Producer Responsibility Organisation to stop the current non-compliant model and build a restructured one from scratch. Furthermore, the

Business

Kenya, Oman Deal to Open New Gulf Markets for Tea and Farm Exports

Patricia Waigwa June 18, 2026

Kenya is accelerating efforts to expand agricultural exports through new international partnerships. The latest engagement brings together the ⁠Mutahi Kagwe and Oman’s Ambassador to Kenya, Nasra Salim Mohamed Al-Hashmi. The discussions aim to position Kenyan agriculture for stronger access to high-value global markets, especially across the Gulf region. Oman Positioned as

Business News Technology

ASAP Credit, Weritas Launch Programme to Open Kenya’s Micro-Lending Market to Investors

Alfonce Mutuku May 5, 2026

NAIROBI, May 2, 2026 — ASAP Credit and Weritas have launched a structured finance programme to open Kenya’s women-led micro-lending market to institutional investors. The two firms aim to connect regulated loan portfolios to global capital. As a result, they expect to expand funding for underserved borrowers across the country. Focus on women and small […]

Business Technology

ASAP Credit partners with Weritas to expand access to loans in emerging markets

Alfonce Mutuku April 23, 2026

NAIROBI, April 21, 2026 — ASAP Credit has partnered with Weritas to scale lending and improve access to credit for underserved individuals and small businesses in emerging markets. The deal brings together fintech lending and digital credit infrastructure to connect local borrowers with global capital. Boosting access to credit ASAP Credit will originate and manage […]

Business Technology

ASAP Credit, Weritas Collaborate to Explore Digital Financial Infrastructure for Women

Alfonce Mutuku March 13, 2026

NAIROBI, Kenya — March 13, 2026 — ASAP Credit, a licensed Digital Credit Provider in Kenya, has announced a collaboration with Weritas, a women-led financial technology platform. The partnership will explore digital technologies that could improve financial services and infrastructure for women. The announcement comes during the month of International Women’s Day and

Business International

WaftPay: Simplifies Cross-Border Payments Across Africa

Patricia Waigwa January 20, 2026

WaftPay is a leading financial technology company enabling seamless cross-border payments across Africa.It simplifies complex transactions for global businesses operating in multiple African markets. Furthermore, WaftPay is a licensed money transfer provider in Kenya and regulated by the Central Bank of Kenya.This ensures secure, compliant, and reliable financial