Author: Daily Press

Money

Equity Bank retains crown as Kenya’s most valuable brand amidst banking sector dominance; Tusker emerges as strongest

 Equity Bank has been named as Kenya’s most valuable brand, securing the top spot for the second consecutive year in the 2025 ranking according to Brand Finance. The continued dominance underscores the robust performance of the nation’s banking sector, which collectively accounts for over half of the total brand value in the latest valuation. Meanwhile,
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JUST IN: Fred Obachi Machoka drags Robert Alai to court, demands KSh 60 M for defamation 

  Veteran radio presenter Fred Obachi Machoka has filed a defamation suit against Kileleshwa representative at the Nairobi County Assembly Robert Alai, demanding KSh 60 million in damages. Machoka filed the suit through his lawyer, Danstan Omari, after Alai allegedly made false and malicious statements about Machoka’s health status on Facebook. According to court documents, Alai’s
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Absa Business Credit Card launched to empower SMEs to optimize cash flow & track expenses

 Absa Bank Kenya together with Visa have launched the Absa Business Credit Card. It is aimed at empowering SMEs by improving transactional efficiency and expense tracking. The Absa Business Credit Card gives businesses the ability to optimize their cash flow with flexible interest-free credit options of between 20 to 50 days on payables. The card
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Superior Homes, HF Group partner to deliver quality housing + affordable mortgages

 Superior Homes Kenya (SHK) and HFC Kenya have signed an MOU to link potential homeowners with quality housing + affordable mortgages. HFC Kenya is owned by HF Group. Under this partnership, HF Group will provide concessional mortgage financing at a rate of 9.5%. The agreement also includes a 20-year loan term and a commitment to
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Sun King opens first customer experience centre in Mombasa, boosting off-grid solar access

 Sun King has announced that it has officially opened its first customer experience centre in Mombasa, bringing clean energy solutions closer to customers along Kenya’s coast. It is located along Digo Road, adjacent to Huduma Centre and opposite Nomaneno Bazaar. It is designed to provide faster service, interactive access to Sun King’s full product range.
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