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....
The International Monetary Fund (IMF) pressure to ensure that State corporations are self-sustaining has left many of them in dire straits and starved of cash. Kenya...
Spire Bank has posted a Sh626.3 million profit after tax losses, weighed down on reduced net and non-net interest incomes. In its latest financial statement, the...
The Ethics and Anti-Corruption Commission (EACC) has filed a suit seeking to recover Sh78.1 million from a former Kenya Ports Authority employee. In the suit filed...
Standard Chartered has proposed a Sh6.00 dividend per share after its profits after tax in the nine months to September 2022 rose to Sh8.7 billion. During...
Digital lender Zenka Digital has announced a partial write-off of past interests due owed by customers across its entire loan portfolio. The move will see a...
Kenya’s Cooperative movement is being primed to enhance its economic transformation, at a time the country is seeking to open up new frontiers to stabilise incomes,...
KCB Group has set aside Sh3.2 billion for dividends after net profit rose 21 percent to Sh30.6 billion in the first nine months of 2022. The...
More Kenyans who cannot access formal banks are turning to mobile short-term overdraft facilities for their daily subsistence to cope with current challenging financial times. New...
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...