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How Education Enhances Responsible Betting Culture

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Education plays a major role in promoting safer betting habits. Raising awareness and teaching practical skills it helps people make smart and informed choices. Responsible betting education also encourages balance, self-control, and entertainment-focused play, not financial expectation.

The Role of Knowledge in Safe Betting

Education gives people the tools to understand how betting works, and platforms like the afropari affiliate program often include educational resources that explain odds, risks, and return-to-player (RTP) values to help users make informed decisions. Studies show that players who receive proper guidance spend 25% less money impulsively compared to those without any knowledge.

Learning about betting terms and payout systems also reduces misconceptions. For example, knowing that the house always holds a slight advantage helps players manage expectations. They see betting as leisure, not income. Awareness like this is the foundation of a responsible betting culture.

Promoting Awareness Through Learning

In recent times, various programs offer betting literacy as a subject online. They demonstrate how the odds of betting equal the possibilities through short lessons and quizzes, which are interactive. The sessions mainly highlight both fun and risk.

Some schools and universities incorporate teaching on decision-making and risk management. This method is a nurturing of critical thinking and discipline. Moreover, even online communities provide guides that elaborate on bankroll management and setting time limits.

The main educational fields are:

Comprehending odds and probabilities

Being able to spot the warning signs of gambling problems

Acquiring skills in money management

Recognizing when to quit or take a break

Living with the knowledge that winning is never certain

By discovering the lessons, positive habits are developed that protect the individual from addiction and losing control. In addition, such players are also able to help others who might be experiencing difficulty with bad betting habits.

The Connection Between Education and Player Behaviour

Through education, players have more chances to be disciplined and thus are more likely to do so. They allocate their money wisely and never go after their losses. Informed bettors are twice as likely to set limits before starting, according to data from various betting awareness groups.

Furthermore, responsible gambling education also fosters emotional awareness in players. Players recognize the distinction between luck and skill. They are then able to play cool and concordantly, stopping when it is necessary.

Melbet Tanzania: Genuine and Licensed Betting Site

Very often, subtle shifts in mentality can lead to safer play. Simple reminders for time or deposit limits are powerful steps. Education turns these tools into regular habits rather than forced measures.

Community-Based Learning and Support

It is a universal truth that learning is not an isolated process. Building up responsible gambling practices through community-based education is one of the most effective ways to do it. Open and honest discussions around experiences and lessons are made possible by the support networks.

Giving out, the players are through workshops, online discussions, and awareness campaigns. These activities are, in fact, creating a community of players that is bonded with the understanding. Stigma is being diminished through these events and thus making help-seeking easier for some individuals. Additionally, responsible gambling is being presented as a collective goal rather than a restriction that only some have to endure.

Sometimes, educators and graphics-gambling companies make a collaboration deal to hold training sessions. These sessions inform what the function of the random number generators is and why the changing odds occur in live events. Players are endowed with the knowledge to acquire trust and confidence in the game being fair.

The Lasting Impact of Learning

Education is a continuous process that starts with one lesson and simply grows through experience and the exchange of knowledge. A wider awareness leads to a better culture of betting. The players mainly consider the fun and not the risk. Besides, they will promote the same behavior in others by their example of being well-informed and careful.

A solid educational base alters people’s perceptions of betting. It brings up truths instead of myths and converts the risky manner of participation into an educated one. The informed players have knowledge that eventually the house will always win, therefore they play for the fun and not to earn money.

Education is the way to a long-lasting and responsible betting society. It brings down gambling to an extent where it is no longer a matter of possible loss but rather a question of fun and enjoyment. With every person’s comprehension, the scenario of betting becomes safer and more pleasurable for all.

 

Porini Point: Tatu City unveils its most serene, nature-inspired residential enclave

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Tatu City has launched Porini Point, a peaceful residential area on the northern side of the city. This enclave offers a unique mix of modern comfort and natural calm. Porini Point overlooks Tatu City’s only natural sanctuary, making it one of the most distinctive and valued residential locations in the region. It gives homeowners and investors a rare chance to live among protected wildlife, native landscapes, and open greenery.

Located on a hillside next to the 160-acre Tatu Wildlife Sanctuary, it will be the only urban wildlife reserve of it’s kind in the world, Porini Point will center nature in everyday life. The sanctuary protects native plants and terrain while supporting a thriving ecosystem with a scenic dam. Residents will enjoy stunning views of wildlife and plants. Giraffes, zebras, waterbucks, and various bird species roaming freely in the area. The sanctuary will also be home to endangered animals, including the pangolin and Savo, with a dedicated conservation team working to keep both residents and wildlife safe.Porini Point: Tatu City unveils its most serene, nature-inspired residential enclave

Porini Point’s design enhances this natural balance with spacious, well-lit homes featuring large windows that capture sweeping views of the sanctuary and horizon. Expansive balconies act as personal nature decks, the ideal is for peaceful mornings by the dam, quiet afternoons watching wildlife, or relaxing evenings with the sounds of nature. Outdoor enthusiasts will find gentle walking paths and nature trails that are perfect for morning runs, family walks, and quiet reflection.

Tatu City businesses connected to permanent power

The development includes 570 apartments across 24 buildings, covering a built area of 58,000 square meters. It offers one, two, and three bedroom units ranging from 54 to 145 square meters. The residence provides high-quality finishes and generous layouts that stand out in the market. Interiors feature fitted kitchens with a hob, hood, and oven; quartz countertops, SPC parquet flooring; modern bathrooms; and private balconies with views of landscaped courtyards.

Porini Point: Tatu City unveils its most serene, nature-inspired residential enclave

Residents will enjoy a range of amenities, such as a clubhouse, gym, swimming pool, barbecue area, children’s play zone, plenty of parking, and 24/7 CCTV surveillance. The development benefits from Tatu City’s top-notch infrastructure, including 24/7 access to clean water, 99.7% power uptime, high-speed internet, and 70 kilometers of paved roads, ensuring a smooth urban lifestyle.

With prices starting from KES 7.5 million and flexible 24-month payment plans, Porini Point attracts both families and investors. The first phase sold out on launch night, indicating strong demand driven by Tatu City’s growing population and safe, welcoming environment.Porini Point: Tatu City unveils its most serene, nature-inspired residential enclave

Porini Point strengthens Tatu City’s reputation as Africa’s most forward-thinking new city, where nature, convenience, and modern living come together seamlessly.

 

I&M Group reports strong Q3 2025 growth

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I&M Group PLC has posted a 26% year-on-year increase in Profit Before Tax (PBT) to shs17.8 billion for the third quarter of 2025, up from shs14.1 billion in the same period last year. Profit After Tax (PAT) also rose by 27% to shs12.7 billion, reflecting sustained earnings and momentum across the business.
This performance reflects the Group’s growth strategy gaining traction across its regional markets, with a continued focus on customer-centric innovation, operational efficiency, and regional expansion.
The Group’s regional subsidiaries contributed 23% to the overall PBT, underscoring the strength of its diversified footprint across East Africa and Mauritius.
Key Financial Performance Highlights
Balance sheet highlights
  • Total Assets rose by 13% to shs640 billion.
  • Loan portfolio expanded by 7% to shs302 billion.
  • Customer deposits increased by 10% to shs456 billion, driven by growth in both CASA and term deposits.
  • Net Non-Performing Loans declined by 27% year-on-year to shs10 billion, reflecting prudent risk management.
Income Statement Performance
  • Operating income grew by 20%, supported by a 21% rise in both Net Interest Income and non-funded income.
  • Loan loss provisions stood at shs6.7 billion, up from shs5.5 billion, as the Group maintained a disciplined approach to asset quality.
  • Operating expenses (excluding provisions) increased by 14% to shs19.1 billion, reflecting strategic investments in technology, talent, and branch expansion.
Following the strong financial and operational performance recorded for the year to date, the Board of Directors has approved an interim dividend of shs1.50 per share, representing a 15% increase from the shs1.30 declared in the same period in 2024, underscoring the Group’s commitment to delivering sustained value to its shareholders.
I&M Bank Kenya
I&M Bank Kenya delivered a 26% year-on-year increase in Profit Before Tax, driven by a 21% uplift in total operating income. The Bank’s total assets grew by 8%, supported by a steady rise in customer deposits of 10% to shs439 billion and loans and advances growth of 2% to 218 billion, underscoring the Bank’s strong financial position.
During the period under review, the Bank’s continued focus on delivering relevant financial solutions for the Retail and MSME segments led to double-digit customer growth and a notable surge in brand awareness, rising from 21% to 34%, the fastest gain recorded in the sector.
The Bank continues to demonstrate its customer first approach and has maintained an NPS score of above 70%.  Despite a challenging macroeconomic environment, the Bank’s NPL ratio remains below industry average.
Commenting on the results, Mr. Kihara Maina, Regional CEO & Interim CEO of I&M Bank Kenya, said, “Our performance demonstrates the strength of our strategy, the confidence of our stakeholders and the trust our customers continue to place in us. We remain committed to delivering sustainable growth while elevating customer experiences through digital-first solutions for individuals and businesses such as Solo Biz and I&M FX Direct, designed to empower businesses across Kenya. We continue to offer free Bank to Mobile Money transfers as well as a one-stop mobile banking platform – the I&M On-the-Go App.”
Across the country, I&M Kenya continued to deepen customer connection through digital-first solutions, targeted customer campaigns such as Shinda Milioni campaign, Card Reward programs as well as MSME business forums and business trips. In Q3 2025, 78% of customers were digitally active, with 81% of transactions occurring outside branches demonstrating the Group’s commitment to convenience, inclusion, and customer-led transformation.
Regional Performance Highlights
I&M Rwanda reported a 5% increase in operating income and a 21% growth in Profit Before Tax for the period under review. This strong performance was fueled by increased economic activity in the country with loans and deposits growing by 28% and 20% respectively. When measured in local currency, loans and deposits recorded an impressive growth of 38% and 29% respectively, year-on-year, driving increase in Net Interest Income.
I&M Tanzania, recorded a 40% growth in operating income to shs4.5 billion and a 35% increase in operating profit, driven by recoveries and higher net interest income. Total assets and loans and advances grew by 26% and 22% respectively (14% and 10% in local currency respectively), while customer deposits rose by 16% (5% in local currency).
I&M Uganda recorded a marginal decline in operating income. However, total assets grew by 25% year-on-year to shs46 billion (in shs terms), supported by notable growth of 21% in both the loan and deposit book. In local currency, loan and deposit book grew by 15% and 14% respectively.
Bank One, Mauritius, the Group’s Joint Venture investment in Mauritius, recorded a 4% year-on-year increase in profit before tax in local currency. Net loans and advances declined by 4%, while total assets and customer deposits grew by 27% and 32% respectively in shs terms (26% and 31% growth respectively in local currency), underscoring the Bank’s resilience and adaptability in a competitive market.
Reflecting on the Groups’ performance, Mr. Kihara added, “I&M Group’s performance this quarter is a reflection of our disciplined execution, continued investment in innovation, and unwavering commitment to our customers. We are seeing our footprint and segment expansion translate to tangible value creation, where each market is now a distinct engine of growth for the Group. As we advance our ambition to become East Africa’s leading financial partner for growth, we remain focused on delivering solutions that empower businesses and individuals to thrive, and we will continue to build on this momentum to create sustainable value across all the markets we serve.”
As the financial landscape becomes increasingly digital, borderless, and inclusive, I&M Group is well-positioned to lead this transformation, delivering relevant, customer-first solutions, that offer convenience, flexibility, and security to our customers.
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Why Patience Is the Secret Skill in Slot Gaming

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Slot gaming has a unique charm that draws players into its colorful screens, exciting spins, and thrilling possibilities. While many think it’s all about luck, there’s a quiet secret that makes a big difference — patience. It’s not just about waiting for the reels to line up; it’s about understanding the rhythm of the game, enjoying each spin, and knowing that calmness brings clarity.

Patience might sound simple, but it’s actually one of the strongest qualities a player can have. When you take your time, you start noticing things others miss — the patterns, the timing, and the pure fun behind every spin.

The Calm Behind the Spin

When you start playing, it’s easy to get caught up in the excitement of bright lights and quick results. But those who play with patience quickly realize that slot gacor gaming isn’t a race. It’s an experience built around timing, observation, and steady focus.

Patience allows players to stay relaxed, which keeps the entire experience enjoyable. Every spin becomes a moment of fun, not a rush to win. This calm mindset helps players appreciate the small moments that make the game special — the suspense before the reels stop, the music that builds up, and the satisfaction of seeing a well-earned win.

By staying calm, you create a more enjoyable and balanced way to play. It’s about enjoying the entertainment rather than chasing instant outcomes.

Building a Positive Mindset

Patience naturally builds a positive mindset. Slot gaming is meant to be lighthearted entertainment, and keeping a relaxed attitude helps maintain that joyful feeling throughout your time at the machine.

When you play with patience, you focus more on the experience than the result. You notice how each design, sound effect, and animation adds to the fun. It’s like being part of a colorful story where each spin brings a new chapter.

This outlook also helps you appreciate wins more deeply. When you’ve taken your time, each reward feels like a true celebration rather than a quick moment. And even when the reels don’t match perfectly, the patient player still enjoys the play itself — because the experience is what truly matters.

Timing Is Everything

In slot deposit 5000 gaming, timing can make your experience even more enjoyable. Being patient gives you the advantage of observing the flow of the game. You start to sense the right moments to spin, take short breaks, or switch to another machine.

Every spin has its own rhythm, and a patient player learns to feel that timing naturally. It’s not about rushing or spinning endlessly; it’s about playing smart and making each move feel intentional.

This sense of timing also keeps the excitement alive. When you slow down and let the anticipation build, each result feels more thrilling. It’s a bit like watching fireworks — waiting for the moment they burst makes it all the more rewarding.

Keeping the Fun in Focus

Patience keeps the fun at the center of the game. Slot gaming is meant to be a joyful escape, a way to unwind and enjoy vibrant visuals, catchy sounds, and lighthearted competition. When you play patiently, you let that fun last longer.

It’s like savoring your favorite dessert — taking your time makes it more enjoyable. A patient approach turns every spin into entertainment, not just an outcome. You get to relax, laugh, and enjoy the creativity that goes into each design.

This mindset also encourages responsible play. By pacing yourself, you naturally find balance and make sure every session stays enjoyable. It’s about quality over quantity — taking time to enjoy each moment instead of rushing through them.

How Online Slots Have Redefined Casual Entertainment

Confidence Through Patience

Patience builds quiet confidence. When you’re not rushing, you make clearer decisions and play more thoughtfully. You understand that good results come to those who wait and enjoy the ride.

Confident players don’t chase outcomes; they trust their rhythm and enjoy every spin with steady enthusiasm. This positive energy often leads to a smoother and more enjoyable experience overall.

Over time, patient players notice how this calm confidence translates into other parts of life too — better focus, improved self-control, and a more positive attitude.

The Reward of Waiting

The true beauty of patience in slot gaming is that it makes every reward feel meaningful. When you’ve played calmly, every success feels well-earned. It’s not just about the outcome — it’s about the satisfaction that comes from knowing you stayed composed and enjoyed the entire process.

Patience turns simple moments into memorable ones. It gives you time to appreciate every animation, every sound, and every surprise. It’s a reminder that the best experiences often happen when you take things slow.

Final Thoughts

Patience isn’t just a skill — it’s the secret ingredient that transforms slot gaming from a quick pastime into a joyful experience. When you approach each spin with calm energy and a positive attitude, the game becomes more than just reels and symbols. It becomes a source of fun, relaxation, and satisfaction.

So next time you sit down to play, take a deep breath, smile, and enjoy every moment. Remember — in slot gaming, patience isn’t about waiting; it’s about appreciating the fun that unfolds one spin at a time.

 

Stanbic Bank posts KES 9.38 Billion profit in Q3 2025 despite margin pressures

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Stanbic Bank Kenya has reported a KES 9.38 billion profit after tax for the nine months ending September 30, 2025, reflecting a resilient performance in a year marked by compressed margins and softer interest rates. The lender, which operates in both Kenya and South Sudan, recorded a 7.5 per cent dip in profitability driven largely by a 25 per cent drop in gross interest income and a 49 per cent decline in foreign exchange revenues.

Even so, the bank’s recalibrated balance sheet, lower funding costs and stronger customer activity helped cushion the decline. Interest expense eased by 49 per cent, while FX trading volumes surged by 34 per cent, underpinning Stanbic’s adaptive approach in a shifting macroeconomic environment.

Loan book expands as confidence grows

Stanbic’s lending momentum remained strong, with customer loans rising 16 per cent year-on-year to KES 253 billion—outpacing industry private-sector growth. The bank attributed this performance to enhanced customer support, diversified lending products, and strong sectoral engagement.

Customer deposits grew 5 per cent to KES 344 billion, signalling continued trust in the Stanbic brand and the bank’s strategy execution.

“Our Q3 performance reflects the strength of our franchise and the confidence our customers place in us,” said Chief Executive Dr Joshua Oigara. “With robust growth in loans and deposits, we are building the foundations for sustainable earnings as we transform for the future.”

Stanbic’s total assets grew to KES 476 billion, anchored by strategic lending across key segments including agriculture, SMEs, oil and gas, and consumer lending.

Stanbic Bank reports KES 10.1B profit after tax for Q3 2024

Stable credit quality and strong ratings

The bank maintained one of the healthiest loan books in the sector, with a Non-Performing Loan (NPL) ratio of 8.4 per cent—far below the industry average of 17.1 per cent. Credit loss ratio stood at 1.11 per cent, supported by a 7 per cent drop in impairments due to stronger recoveries.

Fitch Ratings reaffirmed Stanbic’s rating at “B” with a Stable Outlook, citing sound business fundamentals, disciplined risk management and the bank’s strong capital and liquidity position.

“Our balance sheet momentum remains strong, supported by sustained customer activity,” said Chief Financial Officer and Value Officer Dennis Musau. “While margin compression has moderated earnings, our strategic position remains solid.”

Driving innovation and market leadership

Stanbic continued to reinforce its market presence through technology and customer-oriented innovation. The bank rolled out 18 new features on its mobile banking platform, enhanced operational efficiencies, and expanded assets under management to KES 4.81 billion.

It also maintained its critical advisory and investment banking role, enabling the Government of Kenya to execute a USD 1.5 billion Eurobond transaction for the second consecutive year.

The bank’s strong capabilities in FX and capital markets earned it multiple awards, including Euromoney’s Best Investment Bank in Kenya for the fifth year. It also bagged key EMEA awards for Kenya’s sovereign bond operations.

Supporting MSMEs, Green Finance and Social Impact

Stanbic deepened its sustainability and inclusion agenda, channelling financing into climate-smart and enterprise growth initiatives. Key interventions included:

  • KES 4.5 billion in green building loans

  • KES 1.8 billion in climate-smart agriculture financing

  • KES 11.5 million in solar solutions

  • KES 94.8 billion issued in trade loans

  • KES 1.27 billion in affordable housing financing

  • KES 47.6 billion in loans to women entrepreneurs under DADA since inception

  • 8% of the loan book is committed to agriculture

The Stanbic Kenya Foundation continued to amplify nationwide impact, disbursing KES 57 million in catalytic MSME funding, training 6,664 individuals in financial literacy, and offering vocational training to over 7,000 youth and entrepreneurs.

Outlook: Stability amid fiscal pressures

The bank expects stabilising macroeconomic conditions—including a stronger currency, adequate FX reserves, well-managed inflation, and the resumption of South Sudan oil exports—to support gradual recovery.

Dr Oigara remained optimistic: “We are focused on delivering sustainable value for our shareholders while capitalizing on emerging opportunities. Our strategy is clear, and our momentum strong.”

Stanbic’s Q3 performance underscores a franchise leaning on strong fundamentals, customer trust, innovation and strategic execution—positioning the bank for a stronger closing quarter and long-term value creation.

M-Pesa to roll out new feature letting others transact using your account

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Safaricom Plc CEO Peter Ndegwa has announced plans to introduce new features on its M-Pesa platform in the telco’s effort to offer seamless services to customers.

This follows the recent upgrade to Fintech 2.0 technology a next-generation core platform designed to strengthen resilience, expand capacity, and unlock advanced AI-driven innovation

In an interview on KTN’s Trading Bell, Ndegwa said the telco plans to introduce a “wallet-sharing” option that will let users authorize contacts of their choice to transact using their M-PESA account.

“The most important thing customers should know is that we’ll now have new features we can introduce. For example, you will be able to share your wallet with your partner and allow them to use it in your absence, or even your son or daughter. That might be controversial,” Ndegwa said.

Other features include tap-to-pay, AI-powered fraud detection, and bill splitting, which will allow groups to share expenses directly on M-PESA.

“You go into a restaurant and ask people to split the bill using M-PESA. We also have tap-to-pay capabilities. So new functionalities are coming,” he added.

Ndegwa further assured that customers will no longer experience M-Pesa shutdowns for repair or maintenance, a major inconvenience that has, over the past years left millions of users stuck.

ALSO READ: 20-Year-Old Yvonne is Safaricom’s Shangwe @25 first millionaire

“We’ve launched a major revamped M-PESA platform we are calling Fintech 2.0. M-PESA has been very stable, but now we need to look at platforms of the future. This new platform has more speed, more capacity and is more resilient,” Ndegwa said.

“You’ll never hear M-PESA has been shut for repair or for maintenance. You know the way we used to say we’re shutting down for maintenance and when it gets shut, everything stops. It will never happen,” he added.

The Fintech 2.0 upgrade comes as a relief to millions of Kenyans who rely on the mobile money platform for daily transactions.

Launched in 2007, M-Pesa is the widely used money transfer service in Kenya. The platform currently serves over 32 million customers and generated over Sh139.9 billion in revenue as of 2024.

Ethiopian Airlines announces plans to buy 11 new Boeing 737 Max planes

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Ethiopian Airlines is set to acquire an additional 11 Boeing 737 Max planes. This deal was announced by the airline and planes maker Boeing during the Dubai Airshow 2025 which kicked off on November 17, concluding on November 21, 2025.

“We are thrilled to be announcing our agreement with Boeing for additional11 B737-8 airplanes today during Dubai Airshow. The order will support our growth plans that we have set as part of our vision and strategy,” said Ethiopian Airlines Group chief executive officer Mesfin Tasew.

“We are happy that our partnership with Boeing continues to grow over the years and we look forward to flying Boeing airplanes for years to come and that we will continue to serve our customers by bringing them high performance airplanes with passenger comfort.”

The airline has been majorly using the Boeing 737-8 planes to service short to medium routes in Africa, the Middle East, India, and Southern Europe.

“Ethiopian Airlines’ commitment to expand its 737 MAX fleet underscores its leadership in Africa. Our new agreement also strengthens our nearly 80-year partnership with the airline and region,” said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing.

“We are proud that our efficient and versatile airplanes will continue to play a pivotal role in Ethiopian Airlines’ growth as they further connect the African continent and the world.”

During the airshow in Dubai, Ethiopian also announced that it had placed an order for 6 Airbus A350-900 widebody planes. The order for the Airbus planes now places Ethiopian ahead of all over airlines in Africa as the leading customer for the Airbus plane models.

According to the carrier, the Airbus A350-900 comes with 25 percent lower fuel burn and CO₂ emissions compared to previous-generation aircraft and is recognized for its quiet cabin, advanced aerodynamics, and state-of-the-art passenger comfort features.

Ethiopian placed the firm order for the planes barely two weeks after receiving two A350 planes from the Airbus. After receiving these two planes in the first two weeks of November 2025, the airline’s tally of Airbus fleet increased to 22 Airbus A350-900 planes.

READ MORE: Ethiopian Airlines signs deal for Sh. 780 billion brand new largest airport in Africa

Safaricom receives CMA approval for Sh40 billion corporate bond

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Telecommunication giant Safaricom has been cleared by the Capital Markets Authority (CMA) to establish a Medium-Term Note (MTN) Programme.

The approval issued on November 7, 2025 will see Safaricom issue corporate bonds in an aggregate principal amount of up to Sh40 billion.

“The Board of Directors of Safaricom PLC (the Company) is pleased to announce that the Capital Markets Authority, in exercise of its powers under Section 30A of the Capital Markets Act (Chapter 485A of the Laws of Kenya), has on 7 November 2025, approved for the Company to establish a Medium-Term Note programme,” said Safaricom’s Board of Directors.

The fundraising initiative is designed to be executed in various tranches over the medium term. The telco plans to issue different kinds of bonds, such as green, social, or sustainability bonds, which support environmental and community development projects.

The telco is said it will issue detailed information on the program in the coming days including how the bonds will work, their terms, and how the public can invest.

“This announcement has been issued with the approval of the Capital Markets Authority pursuant to the Capital Markets (Securities) (Public Offers, Listing and Disclosures) Regulations, 2023 as amended from time to time. As a matter of policy, the Capital Markets Authority assumes no responsibility for the correctness of the statements appearing in this announcement,” the telco stated.

The Safaricom bond announcement comes shortly after the East African Breweries PLC (EABL) successfully concluded the first tranche of its new Sh20 billion Domestic Medium-Term Note Programme.

EABL raised a total of Sh16.76 billion after the offer was significantly oversubscribed by 52.4 percent against an initial target of Sh11 billion, signaling high investor demand.

In response to the overwhelming investor interest, EABL exercised the green shoe option, a provision that allows issuers to accommodate additional demand, thereby accepting an extra Sh6 billion beyond the initial target.

The 5-year Notes will yield an attractive annual coupon rate of 11.80%, maturing on November 18, 2030.

ALSO READ: Safaricom’s half year 2026 net profit jumps 52.1 percent to Sh42.8 billion

Tech: I built a Billion-Dollar organization—and chose not to monetize it

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In 2008, I stood in line at an airport security line at Chicago O’Hare, frustrated with my own inconsistency in reading the Bible and wondering how we could leverage technology to solve a problem that millions struggled with. That moment of curiosity sparked an idea that would eventually become some of the most downloaded apps in history: the YouVersion Bible Apps.

But the journey didn’t begin with an app. Our first attempt in 2007 was actually a website, but it didn’t solve the problem of consistency. People would visit the site, but they didn’t come back. Essentially, we’d just moved the Bible from their nightstand to their desktop. We had to meet people where they were if we wanted to help them build a lasting habit that would change their lives.

Recognizing this as a failure helped us realize that making the Bible available online wasn’t enough, which positioned us to be ready for what was next. We pivoted to launch a mobile-friendly version for BlackBerry devices, and we quickly saw the momentum shift.

When Steve Jobs announced the concept of the app, we had no idea what to expect. No one did. But we shifted our focus again and became one of the first 200 free apps available on the day the App Store launched in 2008. The keyword there is free.

The one thing we were certain of from the start was that the Bible App must be free, accessible, and non-commercial. If people were hesitant to pay $0.99 for a song they loved, they weren’t going to pay for a book they didn’t understand. So, from day one, the Bible App has remained completely free without any other motivation but to get the Bible into the hands and hearts of people around the world.

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Today, as we approach one billion installs across our family of Bible apps, I’m reflecting on the path we’ve ventured down. With a billion app opens every 39 days, the numbers tell a compelling story. Industry analysts suggest that if YouVersion operated as a traditional tech company, we’d be “a unicorn several times over,” likely worth billions of dollars. Which begs the question I’ve been asked time and again over the years: Why not monetise?

The tech entrepreneur in me understands the curiosity. YouVersion has a valuable perspective into how people engage with the Bible. But from the very beginning, we’ve made a clear and unwavering commitment to our community. We won’t run ads. We won’t sell data. We’ll stay focused on creating world-class technology funded solely by people who believe in the mission. This might sound radical to someone who doesn’t understand our mission, but it’s been true since day one.

Since the very beginning of YouVersion, we’ve been driven by purpose, not profit. And for us, that purpose is clear: to get God’s Word to everyone, everywhere, every day. We believe the Bible should be accessible without distraction or compromise. This kind of access shouldn’t have a barrier to entry, and we shouldn’t feel beholden to a bottom line because of it. When I hear estimations of our value, I don’t think, “How can we capitalize on this?” but instead, “Are we stewarding this influence well?” and “Are we thinking as boldly as that number suggests we should?”

That kind of focus requires intentional leadership. There are tensions, of course. Operating like a tech organization means we move fast and value innovation, but we’re first and foremost a ministry. We strive to remain focused on our mission and to center it in all we do. Our team includes seasoned business leaders from SpaceX, major Silicon Valley firms, and Fortune 500 companies who could be making an impact elsewhere, but they’ve chosen to use their innovative minds and experience to make a difference at YouVersion. It’s rare to find a company where every single member of the team is passionate about the purpose driving the work each day. That’s what makes YouVersion different: everyone is deeply invested in the vision.

And that’s why conversations about our “worth” often miss the point. Our value isn’t measured in dollars. Rather, it’s measured in people finding hope in Scripture and in the global Church unifying around God’s Word. We talk about a billion, but the original vision wasn’t about billions; it was about solving a problem for one. Today, we still go after “the one.” Every month, the most-searched terms within the Bible App include hope, peace, anxiety, healing, and love. This isn’t random. Each term is a window into an individual’s journey with God, whether it be a search for comfort or a longing to understand amidst the waves of uncertainty.

From day one, we made a choice: we’re not trying to maximize financial return, we’re working to maximize kingdom impact. That’s the measure of success that drives us. Because of this, I know we’ve been trusted with something far more valuable: the opportunity to be part of what God is doing in hearts and lives around the world. That’s a return on investment that no billion-dollar valuation could ever match.

NCBA Group posts KSh16.4 Billion profit in Q3 2025 on strong digital lending and subsidiary growth

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NCBA Group PLC has reported a resilient performance for the nine months ending September 2025, posting a profit after tax of KSh16.4 billion, an 8.5 per cent rise from the KSh15.1 billion recorded in a similar period last year. The Group’s upward trajectory underscores disciplined execution, sharp cost of funding management, and continued gains from regional and non-banking subsidiaries.

The lender’s profit before tax hit KSh20.5 billion, up 11.1 per cent year-on-year, supported by a 13.8 per cent growth in operating income to KSh53.4 billion. Operating expenses rose marginally faster at 14.0 per cent to KSh27.9 billion, reflecting sustained investments in innovation, network expansion, and customer engagement.

A notable spike emerged in credit loss provisions, which climbed 24.5 per cent to KSh5.1 billion, pointing to a more conservative risk posture amid changing lending patterns across the region.

Digital lending dominates with KSh1 Trillion disbursed

NCBA continued to cement its leadership in digital financial services, disbursing a massive KSh1 trillion in digital loans, a 35 per cent year-on-year surge. This reinforces the bank’s position as the region’s most consequential digital lender, powering micro-entrepreneurs, consumers, and SMEs across Kenya and beyond.

Despite the strong income performance, the balance sheet softened slightly, with customer deposits closing at KSh488 billion (down 5.3 per cent) and total assets at KSh665 billion (down 2.0 per cent), largely due to pricing adjustments and moderated lending activities.

Group Managing Director John Gachora noted the stability of the operating environment and credited the performance to “prudent cost of funding management, better asset quality, and improved debt recovery across regional subsidiaries.”

He highlighted a resilient NPL coverage of 68.9 per cent, signalling strengthened credit risk discipline.

NCBA Group half-year profits rise 12.6 per cent to Sh11.1 billion

Kenyan subsidiary remains the anchor as subsidiaries step up

NCBA Kenya Bank accounted for a commanding 82 per cent of Group PBT, cementing its role as the Group’s core engine. Regional subsidiaries delivered KSh2.6 billion in PBT, representing a 12.5 per cent contribution, supported by intensified recovery efforts.

Non-banking subsidiaries—NCBA Investment Bank, Bancassurance, Leasing, and NCBA Insurance—achieved a combined 48 per cent PBT growth, closing Q3 at KSh1.2 billion, a 5.5 per cent contribution to the Group’s profitability.

Customer-centric initiatives drive retail momentum

Staying true to its mission of customer obsession, NCBA Kenya executed its fifth base lending rate cut this year to 13.27 per cent. It also maintained its zero monthly account maintenance fee campaign in Kenya and Rwanda, offering relief to customers navigating tough macroeconomic conditions.

The lender continued to ramp up retail expansion, with its network now reaching 122 branches. The quarter saw intensified customer engagement, diaspora activations in Australia and the Middle East, enhanced card loyalty programs, and an upgraded digital onboarding experience.

Strengthening leadership in Asset Finance and Corporate Banking

NCBA reinforced its dominance in Asset Finance with a revamped PSV offering—providing up to 90% financing bundled with Komiut, the digital fare collection platform modernizing revenue management for public transport operators.

The bank also secured financing agreements with Mobikey and Car & General, while advancing green mobility through a partnership with CFAO Mobility (Loxea) to finance electric vehicles, including the new BYD Shark 6 plug-in hybrid pickup.

On the corporate front, NCBA officially launched NCBA ConnectPlus, its next-generation digital banking platform. As East Africa’s first to deploy Intellect’s cloud-based corporate banking solution, the Group has already onboarded over 20,000 customers in Kenya, with rollouts planned for Uganda, Tanzania, and Rwanda.

Backing Kenya’s Creative Economy Through Elev8 LIVE

In a bold step into the creative sector, NCBA partnered with music producer Motif Di Don on the Elev8 LIVE platform—an initiative designed to discover, develop, and elevate new Kenyan artists.

With the creative economy contributing 5.3 per cent to GDP and employing more than 300,000 creative entrepreneurs, NCBA aims to shape tailored financial products that unlock financing, training, and formalization for artists who have long struggled with access to structured financial support.

Outlook: A Steady Regional Climate and Solid Growth Prospects

NCBA projects a broadly stable business environment across the region. The bank expects Kenya’s GDP to close at 5.0 per cent in 2025, slightly up from earlier estimates, and 5.1 per cent in 2026, supported by strong policy management and resilient credit growth.

Gachora emphasized that the Group will maintain “disciplined balance sheet management and prudent risk practices” heading into Q4. He reaffirmed NCBA’s commitment to sustainable long-term growth, backed by adequate capital, diversified business lines, and a workforce of 3,900-plus employees driving the bank’s mission forward.