Kenyans abroad sent home Ksh.30.5 billion ($278.4 million) last month marking a continued flow in diaspora remittances at the start of the year. Ac...
Tier I lender Diamond Trust Bank (DTB) is expected to shut six branches by the end of October as part of efforts to consolidate its physical footprint...
The National Treasury has missed its target of raising Ksh.18 billion from its second-stab in February’s bond sale. Having initially fallen shy o...
The Central Bank of Kenya (CBK) has transferred Ksh.5 billion to the National Treasury as its substantive dividend covering operations in the year end...
Kenyan authorities and the visiting team from the International Monetary Fund (IMF) have reached a staff-level agreement on the disbursement of a Ksh....
The National Treasury has sought Ksh.18 billion in additional borrowing from the domestic market having fallen short of its initial target to raise Ks...
Local retirement schemes assets grew by 7.5 per cent to hit Ksh.951.8 billion in 2020 from a lower base of Ksh.885 billion in 2019. This is accordi...
Local flower exporters expect better tidings from this year’s Valentine’s Day sales in contrast to last year. According to the Kenya Flower Cou...
Hotels in Nairobi have been hit the hardest as the hospitality sector struggles to crawl out of effects resulting from the COVID-19 pandemic. This ...
Members of the Institute of Certified Investments and Financial Analysts (ICIFA) have called on the government to reinstate relief measures to cover K...
Activity by Kenya’s private sector hit a three-month high in January as players continue to profit from a further ease to COVID-19 restrictions. ...
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. ...
Kenya save Ksh.121 billion ($1.1 billion) in foreign exchange from the fall of international oil prices across 2020. Kenya’s oil bill, which repr...
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. ...
The Kenyan economy sunk to its first recession after exactly 18 years in September 2020 with gross domestic product (GDP) falling by 1.1 per cent in t...
The Central Bank of Kenya (CBK) has left the benchmark lending rate at seven per cent at its sixth straight policy meeting on Wednesday. In a state...
The National Treasury has set its sights on raising Ksh.50 billion in locally contracted debt from the sale of bonds in February. The Central Bank ...
Interventions by the Central Bank of Kenya (CBK) to support cashless transactions under the cloud of the COVID-19 pandemic have served to lift digital...
The Central Bank of Kenya (CBK) is expected to largely retain the benchmark lending rate at seven per cent for most of 2021. The reserve bank whose...
The National Treasury has continued to find easy pickings from the local debt market having added another Ksh.81.1 billion from an infrastructure bond...