Stephian Limited

07/02/2026

President William Ruto during the inspection of the 60,000 seater Talanta Stadium Project in Nairobi.

07/02/2026

07/02/2026

06/02/2026

Good morning and have industrious day full of God's blessings and profits.

03/02/2026

The number of aspirants has shot up ahead of the first United Democratic Alliance (UDA) Party Aspirants Forum meeting tomorrow.

An impressive lot of 149 hopefuls for the 47 Governor Seats, 279 for the 47 elected Senator seats, 323 for the 47 Woman Rep seats, 1372 for the 290 constituency National Assembly seats, and 10 230 aspirants for 1 450 elected ward rep seats.

Total 12 353 aspirants.

No party in Kenya’s 34-year multiparty democratic history has aroused this level of interest.

UDA Party is heads over shoulders compared to all its past, present and possibly future peers.

29/01/2026

40 days of UFA search challenge!

Start your Day 1 of asset search today for any unclaimed assets that we may be safeguarding . Search by dialing *361 # or using our self-service portal - reunify.ufaa.go.ke.

For assistance, call 0706866984 or email us at [email protected] or visit our office at Pacis Centre 2nd Floor.Slip Road, Off Waiyaki Way, Westlands.

29/01/2026

https://www.facebook.com/Stephian Limited

Service to humanity

29/01/2026

Good morning,
A increased .
The borrower paid.
Years later, the said: “That increase was illegal.”

This is the story of Stanbic Bank Kenya Ltd v Santowels Ltd.

And it just became one of Kenya’s most important banking rulings.

A company took a loan from a bank.

Like most of us do.

The loan agreement had a familiar clause:

“The bank may vary interest rates at its discretion.”

Sounds normal, right?

So the bank did what banks often do.

It adjusted the interest upward.
It notified the borrower.
And the borrower paid.

For years.

Then one day, the borrower asked a dangerous question:

👉 “Were these interest increases even lawful?”

They commissioned an independent audit.

The results were shocking.

The bank had charged more interest than it was legally allowed to charge.

The case went to court.
Then to the Court of Appeal.
And finally, to the Supreme Court of Kenya.

Stanbic’s defense was simple and terrifying:

“The borrower signed the contract.
We were allowed to vary interest.”

The Supreme Court said, "No."

Here’s what the Court decided (and why it matters):

✅ A bank’s power to vary interest is NOT absolute.

✅ Contract clauses do not override the law.

✅ Under Section 44 of the , a bank must obtain approval from the Cabinet Secretary for Finance before increasing interest.

✅ Any increase done without that approval is illegal, even if the borrower paid it.

✅ Discretion cannot be exercised arbitrarily. The law exists to protect borrowers.

Let that sink in.

What this means for YOU:

If you’re a borrower:
→ Just because you signed doesn’t mean everything was lawful.

→ Interest increases are regulated, not private arrangements.

→ If your bank raised interest without statutory approval, you may be entitled to a refund.

→ Audits matter. Documentation matters. Ask questions.
If you’re a lender:

→ “It’s in the contract” is no longer a shield.

→ Regulatory approval is not optional.

→ Arbitrary interest variation exposes you to refunds, damages, and reputational risk.

→ Compliance is not bureaucracy it’s protection.

For years, many Kenyans have watched loan balances grow without explanation.

This judgment draws a clear line.

cannot wake up one morning and decide you owe more.

The Supreme Court has spoken.

Have you ever experienced unexplained interest increases on your loan?

Drop a comment. Let’s talk.

28/01/2026

Congratulations to His Lordship, Rt. Rev. Dr. Bishop Dominic Kimengich on your appointment as Coadjutor Archbishop of the Catholic Archdiocese of Mombasa by His Holiness Pope Leo XIV.

This well-deserved recognition reflects your steadfast faith, pastoral wisdom and dedicated service to the Church, notably during your shepherding of the Diocese of Eldoret. As you take on this new responsibility to assist in the pastoral governance of the Archdiocese, we are confident your humility, vision and commitment will continue to strengthen the Church’s mission along the Kenyan Coast.

We pray for God’s grace and blessings as you begin this new chapter of service.

Congratulations.