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HomeDaily NewsTuesday, March 24, 2026Kenya Airways Posts Sh17.2bn Loss Amid Financial Sector Challenges - March 2026
Business & Economy3 stories from 2 sources

Kenya Airways Posts Sh17.2bn Loss Amid Financial Sector Challenges - March 2026

Kenya Airways (KQ) reported a significant financial setback, swinging back into losses with a net loss of Sh17.2 billion for the year ended December 2025, a stark contrast to a Sh5.4 billion profit in 2024. Separately, Standard Bank was named Africa's most valuable bank brand for the fifth consecutive year by Brand Finance. Additionally, Kenyan SACCOs are facing increased regulatory scrutiny due to surging digital transactions overwhelming their payment systems, according to BPC East Africa Country Manager Prashant Byndoor.

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Tuesday 3:44 PMNation Business

Kenya Airways back in the red with Sh17.2bn loss

Kenya Airways back in the red with Sh17.2bn loss

Kenya Airways (KQ) has reported a significant financial setback, swinging back into losses with a net loss of Sh17.2 billion for the year ended December 2025, a stark contrast to a Sh5.4 billion profit in 2024.

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Key Highlights

Kenya Airways (KQ) has reported a significant financial setback, swinging back into losses with a net loss of Sh17.2 billion for the year ended December 2025, a stark contrast to a Sh5.4 billion profit in 2024.

  • The national carrier's operational loss widened, primarily due to the grounding of part of its fleet.
  • Key driver for the loss was the temporary grounding of three Boeing 787-8 Dreamliner aircraft due to global supply chain constraints and limited engine availability.
  • Kenya Airways' sales declined by Sh27 billion to Sh161.4 billion, resulting in an operating loss of Sh5.6 billion.
Tuesday 11:01 AMCapital BusinessFirst

Standard Bank named Africa’s most valuable bank brand

Standard Bank named Africa’s most valuable bank brand

Standard Bank has been named Africa’s most valuable bank brand for the fifth consecutive year by Brand Finance.

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Key Highlights

Standard Bank has been named Africa’s most valuable bank brand for the fifth consecutive year by Brand Finance.

  • Standard Bank is ranked as Africa's most valuable bank brand.
  • Key figures include Group Chief Executive Sim Tshabalala, Chief Operating Officer Margaret Nienaber, and Abraham Ongenge in Kenya.
  • The recognition is based on brand strength, financial performance, and stakeholder perception, celebrating over a century of presence in Kenya as Stanbic Bank Kenya.
Tuesday 2:20 PMCapital Business

Saccos face pressure from rising transactions, stricter rules

Saccos face pressure from rising transactions, stricter rules

Kenyan SACCOs are facing increased regulatory scrutiny due to surging digital transactions overwhelming their payment systems, according to BPC East Africa Country Manager Prashant Byndoor.

Read Story

Key Highlights

Kenyan SACCOs are facing increased regulatory scrutiny due to surging digital transactions overwhelming their payment systems, according to BPC East Africa Country Manager Prashant Byndoor.

  • SACCOs hold over Sh1 trillion in assets and serve more than seven million members.
  • The growing volume of real-time payments, processing about 64 billion transactions worth nearly $2 trillion across Africa, highlights system vulnerabilities.
  • Fragmented systems and a lack of integrated platforms risk governance concerns and erode customer trust amidst stricter oversight and intensifying competition from fintech firms.
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