Economic troubles have forced 8.8 million, or 43%, of National Health Insurance Fund (NHIF) members, to fall behind on their monthly payments, so forcing them to...
Risk-based pricing of Equity Bank’s credit facilities has started to be implemented, and riskier customers will now pay up to 21.02 percent for loans. The largest...
The High Court has ordered Safaricom and the central bank to halt the re-introduction of charges on transactions made between mobile money wallets and lenders pending the...
Top commercial banks in the country have set aside a share of billions earned in profits for the year ended December 31 to support needy students...
For the first time since the company’s cash call began on December 29, TransCentury Plc stock traded above the rights issue price on Friday, increasing the...
Safaricom is concerned that if it proceeds with the internal reorganisation process to separate Mpesa from its telco business, the Kenya Revenue Authority (KRA) will use...
A war is brewing between banks and Safaricom over a share of the multi-billion shillings payment sector after the latter slashed M-Pesa commission charges. Commercial banks...
The Nairobi Securities Exchange (NSE) saw withdrawals of foreign investors totaling Sh23.9 billion in 2022, the most in the previous three years, as a result of...
The Family Group Foundation has increased its scholarship fund to Sh 60 million, for underprivileged kids entering Form One in the upcoming school year. According to...
To reduce its stock of non-performing loans (NPLs) by the end of the year, KCB has been writing off and selling some of its bad loans....