Kenyan authorities and the visiting team from the International Monetary Fund (IMF) have reached a staff-level agreement on the disbursement of a Ksh....
Members of the Institute of Certified Investments and Financial Analysts (ICIFA) have called on the government to reinstate relief measures to cover K...
The rate of inflation has soared again in January to reach 5.69 per cent from 5.62 per cent in December as the pressure piles on consumer spending. ...
The Central Bank of Kenya (CBK) has warned of a much tougher and riskier economic forecast for the 2021 as the Kenyan economy wades uncertain waters. ...
Kenyans living and working abroad sent home a record Ksh.341 billion in 2020, growing their remittances by 10.7 per cent from Ksh.308 billion in 2019....
The National Treasury has blamed the evolving COVID-19 virus for the delayed disbursement of funds to county governments which have since fallen behin...
Like any other year, the start of 2020 was premised on high hopes for better fortunes and tidings by Kenyans with many coining the unofficial phrase ...
The Kenyan shilling has remained in a free fall as it crosses a new confidence marker to trade past Ksh.111 mark against the US dollar. The local u...
Commercial banks have been put on the spot for resembling digital lenders by saddling Kenyans with exorbitant mobile loans. This is as the traditio...
The Senate is now calling for stricter measures on digital lending applications that they say are milking Kenyans dry. The Finance and Budget Commi...
The Kenya shilling slipped past another crucial confidence marker on Friday as it breached the Ksh.110 mark in its valuation against the US dollar. ...
Banks earnings continue to take a beating from economic disruptions occasioned by the COVID-19 pandemic. This however is merely a secondary concern fo...
Kenya is in deep talks with the International Monetary Fund (IMF) over the access of emergency bail out loans over the next three and a half years, th...
Bank jobs are now on the line as institutions in the industry trim costs to weather the economic impact resulting from the COVID-19 pandemic. Simil...
The Central Bank of Kenya (CBK) has launched its fourth currency centre in Kisii town. The new centre is expected to support the reserve bank’s c...
Commercial banks and other lending institutions are set to resume listing loan defaulters effective Thursday with Credit Reference Bureaus (CRB) as th...
President Uhuru Kenyatta now says the economy is performing far much better than anticipated in spite of a general slump triggered by the COVID-19 pan...
The Kenya shilling touched a new low in Wednesday’s trading session against the U.S. dollar as the local unit now sees new bouts of volatility. T...
Growing borrowers risk profiles and loan defaults have thrown bank earnings off the trail as lenders continue to provision billions towards expected c...
Six hotels out every 10 in Kenya are now open to business following the resumption of international flights. According to the Central Bank of Kenya...