This week, Patrick Njoroge is anticipated to transfer control of the Central Bank of Kenya (CBK) to Kamau Thugge, leaving behind a reputation as a tough...
Amid concerns about money laundering, Kenyans living and working abroad are increasingly choosing traditional, less expensive money transfer methods like “hawala” instead of banks when sending...
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 World Bank has warned that the proposed tax changes in the Finance Bill 2023 will have a negative impact on households’ ability to make purchases...
In an effort to increase their already slim profit margins, oil marketers have petitioned Parliament to be exempt from the two percent withholding tax on their...
To stabilize their deteriorating cash flow, oil marketers have proposed to the Treasury turning billions of shillings in fuel subsidy arrears into an interest-earning debt instrument...
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...