Following the receipt of a Sh139.3 billion ($1 billion) World Bank loan, Kenya’s foreign exchange reserves have increased above the necessary level of four months of...
Patrick Njoroge, the departing governor of the Central Bank of Kenya (CBK), has cautioned that the government will have a difficult time meeting its borrowing goals...
The Central Bank of Kenya (CBK) initially blocked the product that is anticipated to upend the mobile loans market but has now approved a Safaricom-backed zero-interest...
If the Cabinet approves a restructuring plan that includes financial bailouts from the Treasury, it will take at least three years for the Kenya Broadcasting Corporation...
The Mau Summit highway project was delayed by the Kenya Kwanza administration because it was too expensive, and the State is now pushing for a review...
In an effort to relieve some of the pressure associated with paying the $2.0 billion (Sh277.6 billion) Eurobond due next year, the government has shortlisted four...
Kenya has postponed the Central Bank Digital Currency’s adoption because it believes alternative cutting-edge solutions may be able to continue to address the existing payment-related problems....
DTB Group reported a 10.9 percent increase in earnings in the first quarter ended March, aided by higher lending and transaction income. The bank’s net profit...
Carrefour, the French supermarket chain, will open a new store at the Business Bay Square Mall in Eastleigh, Nairobi, on Wednesday as part of its expansion...
African leaders have been urged by President William Ruto to join a pan-African payments system to ease trade within the continent as a first step toward...