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...
Data from the Central Bank of Kenya (CBK) show the value of mobile money transactions hit Sh7.2 trillion for the 11-month period up from Sh6.24 trillion....
Kenyans living abroad sent home Sh42.4 billion in November, a 3.9 percent increase compared to the Sh40.8 billion sent in September. According to the Central Bank...
Kenya’s current account deficit is expected to hit a record high of 6 percent by end of this year before it starts narrowing down in the...
The charges had been waived since March 2020 as a part of Covid – 19 emergency measures to help ease the cost of living. CBK in...
An estimated 26 percent of Nakuru County residents are addicted to betting, says a new household survey. FinAccess Household Survey conducted jointly by the Central Bank...
A third of Kenyan loan accounts are listed as defaulted with the country’s credit reference bureaus (CRBs) in an economy where Covid-induced job cuts, business closures...
The Central Bank of Kenya (CBK) has entered into an arrangement with Google in a move that will see unregistered mobile loan apps removed from Google...
Consolidated Bank of Kenya has appointed former KCB Bank Kenya director for mortgage business Sam Muturi as the new chief executive effective Friday last week, the...
The Central Bank of Kenya (CBK) has initiated fresh steps to curb abuse of the Credit Reference Bureau (CRB) blacklists. The banking regulator said it was...