Banking

The Public Service Commission (PSC) has begun the process of recruiting a second Central Bank Deputy Governor as is required...

Kenya National Chambers of Commerce and Industry (KNCCI) Busia branch is on spot over its inability to spur Business and...

Economic activities in sub-saharan Africa are expected to slow down significantly in 2022 and remain relatively modest in 2023, which...

Kenya Commercial Bank has partnered with Mobex, a global digital payment provider and an affiliate company of TerraPay Group, in...

The most recent bond auction report shows Kenya borrowed Sh13.6 billion through a 25-year-bond at 14.18 per cent in a...

The Central Bank of Kenya (CBK) on Tuesday announced the separation and transfer of Airtel money from mobile service provider...

Kenya’s insurance gross premiums increased by 13.2 percent between April and June to Sh163.06 billion from Sh144.02 billion posted in...

Kenya led the East Africa region and surpassed North and Southern Africa in venture capital (VC) and private equity investment...

A drop in the value of the Euro and Sterling Pound has taken a toll on Kenya’s exports to the...

The Government of Kenya will be looking to return to the Eurobond markets soon to cure the cash crunch at...

The High Court of Kenya has given Central Bank of Kenya a greenlight to proceed with controlling the interest rates...

Co-operative bank has been announced as the best bank overall winner in Kenya in the Sustainable Finance Initiative (SFI) Catalyst...

The Central Bank of Kenya (CBK) on Monday, September 19, published a list of approved Digital Credit Providers. According to...

Low purchasing power coupled with inflation pushed savings and credit co-operative societies (Saccos) members to borrow more in order to...

The decision to sell Spire Bank's good books to Equity has sparked protest among board members with the director of...

Former Absa bank CEO Jeremy Awori has been appointed as the new Ecobank Group Chief Executive. Awori will be taking...

Absa Bank Kenya Plc long-serving Chief Executive Officer and Managing Director Jeremy Awori announced his resignation on Thursday, September 8. Moreover,...

A former Kenya Commercial Bank (KCB) operations manager has been sentenced to 12 years in prison or pay a fine...

NCBA Group PLC managed to post a profit of Sh11.2 billion before tax in its half-year results that ended on...

Central bank Governor Dr Patrick Njoroge today said that Nigerian payments platform giant Flutterwave should not be operating in Kenya,...

The Central Bank of Kenya has stalled Safaricom’s plan to roll out an interest-free Lipa na M-pesa loan dubbed Faraja....

The Central Bank of Kenya (CBK) has welcomed the Money Laundering and Terrorism Financing National Risk Assessment Report (NRA) which...

The Central Bank of Kenya stopped Safaricom's interest-free loan product Faraja from hitting the market, saying that the product was...

Airtel Kenya is separating its mobile money business from its telecommunications business effective July 21 2022, saying the move will...

Airtel and Telkom Kenya customers will now be able to pay bills on Mpesa Pay bill numbers. This is after...

Today, Diamond Trust Bank DTB expanded its branch network in the country, adding three new branches in Nairobi.  The bank...

Safaricom has launched a new credit product "Faraja" a service that will allow M-Pesa users to pay for goods and...

The Central bank of Kenya (CBK) is planning a survey to reveal breaches in consumer rights among commercial banks and...

The Central Bank of Uganda today announced that WorldRemit will cease offering outbound money remittance services in the country. A...

The Central Bank of Somalia (CBS) yesterday announced the approval of 2 international banks to operate in the country, opening...