In the most recent regulatory disclosure, small lenders like First Community Bank (FCB), Ecobank of Kenya, and HF Bank dominate the list of banks offering lower...
President William Ruto has urged African countries to adopt local currencies as modes of payment to boost trade. The head of state said that the usage...
Africa Climate Ventures (ACV), a newly established venture capital firm, has raised £1 million (Sh171.1 million) for investments in businesses in the continent that are dedicated...
By developing and implementing specialized sustainable financial solutions, Faulu, the leading microfinance bank, has strengthened its dedication to promoting social entrepreneurs. The move is aimed at...
In order to increase its capital, Stanbic Holdings received a $30 million (Sh4.1 billion) subordinate loan from Standard Bank, the parent company based in South Africa....
In order to increase transparency and accountability in the use of public resources, the National Treasury has closed four transaction accounts and moved funds for government...
The National Treasury and Kenya Revenue Authority (KRA) have been at odds over tax enforcement and procedures for the past five years, and the dispute has...
When the government increased its targets to meet the Sh3.6 trillion budget in the year beginning in July, the Kenya Revenue Authority (KRA) objected to a...
Due to increased interest and non-interest incomes, the Co-operative Bank of Kenya saw an increase in its profit after tax, which reached Sh6.1 billion in the...
As risks increase globally, Kenya is not “in a hurry” to implement cryptocurrency payments, according to the Central Bank of Kenya (CBK). The adoption of a...