The Capital Markets Authority (CMA) has advised the Government to use a shell company to issue a bond to enable Kenya clear Sh500 billion in pending...
The government is planning to raise Sh 60 billion from the sale of a 14-year bond to fund infrastructure projects in the current fiscal year amid...
The latest bond auction report shows Kenya borrowed Sh13.6 billion through a 25-year-bond at 14.18 percent in a deal that highlights market conditions after months of...
The High Court has frozen Equity Bank’s acquisition of Spire Bank amid a dispute over the fate of employees in the troubled lender. Employment and Labour...
The National Treasury has acquired a 60 percent stake in Telkom Kenya from UK-based private equity fund, Helios Investment Partners, for Ksh6.09 billion, making the company...
Equity Bank has concluded negotiations to buy Spire Bank, setting the stage for the signing of a deal that is expected to get the teachers-owned bank...
KCB Group raised its stake in its Rwandan subsidiary by an additional 10.8 percent to 87.5 percent after merging KCB Bank Rwanda and Banque Populaire du...
American digital bank, UMBA, recently acquired a majority stake in Daraja, a deposit-taking microfinance bank, in the latest purchase that has made the loss-making industry a...
The International Monetary Fund’s (IMF) ultimatum to have Kenya’s 18 State agencies restructured as part of its condition for the $2.34 billion (Sh280b) loans it granted...
The International Monetary Fund (IMF) wants tighter checks on bank transactions in Kenya amid growing concerns about money laundering by corruption networks. In an appraisal report,...