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How China is slowly expanding its power in Africa, one TV set at a time
By CNN,
1119, July 24, 2019 (EAT)
In the outskirts of Nairobi, Kenya, Michael Nganga is watching a Chinese Kung Fu movie. His small home in Limuru doesn't have running water and i...
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Real estate brokers ease fears of sector crashing even as property prices fall
By Kepha Muiruri,
1233, July 23, 2019 (EAT)
Developers in the real estate industry have quelled fears of an impending crash to one of Kenya’s key economic segment even as property prices remai...
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CBK confirms shortage of new Ksh.1,000 notes
By Kepha Muiruri,
1758, July 22, 2019 (EAT)
The Central Bank of Kenya (CBK) has broken its silence on the reported shortage of the new currency notes that has slowed down the Ksh.1,000 demonetiz...
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Henry Kiplagat Rotich, the money man from Kimwarer
By Wangui Ngechu,
1719, July 22, 2019 (EAT)
Henry Rotich, the Cabinet Secretary for National Treasury was on Monday arrested after he surrendered himself at the DCI Headquarters following an arr...
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Kevin Ochieng Obede: The moving story of the boy genius who ended up on the streets
By Citizen Reporter,
1228, July 22, 2019 (EAT)
By Purity Mwambia The heartrending story of a how young man’s years of hard work, after achieving excellent academic grades at some of the countr...
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Kenyan banks at pains to offer new currency as shortfall hits
By Kepha Muiruri,
1152, July 20, 2019 (EAT)
Kenyan banks have re-configured their teller machines to churn out old-series notes. A senior banking official told Citizen Digital that lenders ba...
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Fintech: Kenya’s Wapi Pay seeks payment solutions between Asia and Africa
By Kepha Muiruri,
1204, July 18, 2019 (EAT)
Kenyan based financial technology (fintech) company Wapi Pay has moved to strengthen payments on its Afro-Asia corridor under a new partnership with S...
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Huduma Namba to become compulsory for all Gov’t services
By Sam Ogina,
901, July 18, 2019 (EAT)
It will soon be mandatory for all Kenyans to have Huduma Namba from December once the Huduma Namba Bill 2019 becomes Law. This comes after the Inte...
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Kenya, Singapore in deal to collaborate on innovation
By Kepha Muiruri,
1704, July 16, 2019 (EAT)
Kenya and Singapore have, through their respective Central Banks arrived at an understanding allowing the two countries to collaborate on innovation. ...
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17 foreign directors of betting firms to be deported
By Benjamin Muriuki,
1736, July 16, 2019 (EAT)
The government has issued deportation orders against 17 foreign directors of betting firms among them SportPesa and Betin whose licenses were suspende...
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New currency: Three people busted with Ksh.100K fake notes in Embu
By Anthony Ndwiga,
1902, July 12, 2019 (EAT)
Police in Embu North have arrested three suspects who were found with fake Ksh. 100,000 notes. Embu North Sub County Commander Godfrey Kere said th...
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EACC recovers stolen assets worth Ksh.2.7B in four months
By Ian Omondi,
1324, July 11, 2019 (EAT)
Ethics and Anti-Corruption Commission (EACC) Chief Executive Officer Twalib Mbarak on Thursday stated that the State agency has recovered stolen asset...
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With no competing offers, NBK accepts KCB’s Ksh.3.80 share price
By Kepha Muiruri,
1732, July 9, 2019 (EAT)
The board of the National Bank of Kenya (NBK) has resigned itself to the KCB Group self valuation of the bank with no forthcoming counter offer for th...
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Payment service providers to create security-distinct post in new CBK guidelines
By Kepha Muiruri,
1923, July 8, 2019 (EAT)
Payment Service Providers (PSPs) will be required to create a distinct information security post from October this year as the Central Bank of Kenya (...
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Central Bank ‘did not follow legal procedure for new currency’: Parliament
By Agnes Oloo,
1745, July 5, 2019 (EAT)
Controversy surrounding the new currency has deepened after the National Assembly confirmed that Central Bank of Kenya did not follow due process. ...
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Auditor General ordered to probe NBK books
By Kepha Muiruri,
2014, July 4, 2019 (EAT)
The National Assembly has now ordered the Office of the Auditor General (OAG) to audit the books of accounts belonging to the National Bank of Kenya (...
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Rising food, fuel prices push June inflation rate to 5.7pc
By Kepha Muiruri,
1759, June 29, 2019 (EAT)
The Kenya National Bureau of Statistics (KNBS) has quoted the end month inflation rate at 5.7 percent to indicate a 0.2 percent upward adjustment to c...
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Software Group Africa appoints new CEO
By Citizen Reporter,
1334, June 30, 2019 (EAT)
Software Group, a global software company that provides digital financial solutions with African operations run from Kenya, has appointed Connor Hanan...
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All hands on deck: Rotich assures Parliament of proper checks on KCB-NBK deal
By Kepha Muiruri,
1836, June 27, 2019 (EAT)
The National Treasury has defended its position on perceived laxity under the ongoing procedures in the acquisition of the National Bank of Kenya (NBK...
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Paul Kobia freed on Ksh.100K cash bail in Ksh.170M gold scam case
By Dzuya Walter,
2050, June 27, 2019 (EAT)
A Nairobi court on Thursday freed controversial businessman Paul Kobia on a cash bail of Ksh.100,000 pending completion of investigations into an alle...
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