Bankers reckon that they will pass on the additional costs to consumers in the form of costly loans, which will trigger ...

Banks that earn higher revenues are set to start paying higher license fees should a new proposal by the Central Bank of Kenya be made into law. In an amendment to the Banking (Fees) Regulations of ...

Transactions worth Sh8.7 trillion were conducted through mobile money agents in 2024, underscoring the importance of mobile ...

Kenya's foreign exchange reserves have surged by KSh 11b, providing a significant boost to the strength of the shilling. This ...

The Eamu protocol provides for four primary convergence criteria that must be attained and maintained by each member state ...

Many mobile money lending apps have been struggling to recover loans from their customers but might have found a new way out ...

For the best experience, please enable JavaScript in your browser settings. Patrick Ngugi Njoroge during the vetting yesterday. At 54 and with a salary of Sh3 million ...

Faida Investment Bank, in its 2025 Macroeconomic Outlook, indicates that the move will see more liquidity advanced into the economy by lenders. The bank's 2025 Macroeconomic Outlook underscores that ...

Kenya's foreign exchange reserves dropped by a record 200 million U.S. dollars this week, reaching a four-week low amid ...

There is no denying that the recent decisions by the Central Bank of Kenya, particularly the lowering of interest rates, have sent ripples across the financial sector. The decision to cut the main ...

KCB Group, a major East African commercial bank, on Thursday became the first financial institution in Kenya to begin ...