Standard Chartered Bank Kenya issued a profit warning, projecting a 25% dip in 2025 Stanchart earnings due to a KSh 7.1Bn pension payout ordered by the Retirement Benefits Appeals Tribunal. Despite the hit, the bank reassured investors of its strong capital position.
Also read: Standard Chartered Begins Verification for Landmark KES 7B Pension Settlement
The latest T-bill auction was undersubscribed, with the government raising KSh 22.7Bn against a target of KSh 24.0Bn. Interest rates continued to ease, standing at 7.95% (91-day), 8.01% (182-day), and 9.54% (364-day).
The Communications Authority of Kenya has proposed major changes to the postal and courier sector. Licence fees may rise from KSh 500,000 to KSh 1.5M, with new categories targeting courier-hailing platforms such as Glovo, Uber and Little. Online delivery firms would pay at least KSh 100,000 or 0.4% of annual turnover in fees, plus a 0.5% universal service levy.
Absa Bank Kenya announced the appointment of Mohammed Nyaoga as its new Board Chairman effective October 1, 2025. He succeeds Charles Muchene, who served for nine years and was credited with steering Absa through transformative milestones.
NCBA Investment Bank MD, Muathi Kilonzo, projected 2025 as a pivotal year for retail investors, citing stable interest rates, renewed IPO activity, and greater access to bonds. Key opportunities lie in equities, corporate debt, renewable energy, and agriculture.
KCB Foundation, in partnership with Mastercard Foundation, graduated 178 youth from Marsabit County under its 2Jiajiri Programme. With over 70% of the beneficiaries being women, the initiative has now trained 35,000 young people and created more than 150,000 jobs.
Equity Group launched a five-day trade mission in Lubumbashi and Kolwezi, DRC, with more than 50 delegates representing 16 nationalities alongside 120 Congolese entrepreneurs. The mission, Equity’s 15th in four years, is aimed at unlocking partnerships in the mining-rich Katanga region.
The key message highlighted was the importance of compliance when venturing into the DRC market, with Equity positioning itself as a trusted partner for seamless entry.
Upcoming Events
Preparations for the 5th Abojani Economic Empowerment Conference are in full swing, with an anchor sponsor already confirmed. The official announcement will be made soon. Save the date: November 22, 2025 at Radisson Blu, Nairobi.
Meanwhile, the 72nd Personal Finance, Saving & Investing Masterclass begins on October 6, 2025. Participants will gain practical knowledge on Unit Trusts, stocks, bonds, and treasury bills. Registration details are available in the flier below.
