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Ex-Nairobi Deputy Governor Polycarp Igathe now Equity Bank Kenya MD
By Citizen Reporter,
2124, September 20, 2018 (EAT)
Former Nairobi County Deputy Governor Polycarp Igathe has been named the Managing Director of Equity Bank Kenya just five months after joining financi...
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Five Kenyan banks fined Ksh.390M for handling NYS loot
By Benjamin Muriuki,
1057, September 13, 2018 (EAT)
The Central Bank of Kenya has slapped hefty fines on five top banks that are alleged to have been involved in the transactions of the second phase of ...
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Duncan back with iconic pick up as 27 drivers flagged off for Nanyuki rally
By Citizen Reporter,
1332, September 8, 2018 (EAT)
The seventh round of Kenya National Rally Championship is currently underway in Laikipia County, with 27 drivers having been enlisted for ...
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BWIRE: Bribery in the private sector is graft, not economic crime
By Victor Bwire,
1736, August 19, 2018 (EAT)
The ongoing purge on corruption in Kenya now needs to extend to strengthen the legal framework that enhance business integrity, outside the public sec...
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Equity boss calls for regulation of mobile lending apps
By Citizen Team,
1911, August 16, 2018 (EAT)
The government has been called on to regulate micro lending platforms that have gained popularity in the country. Equity Bank is among lenders push...
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KCB to finalize Imperial Bank deal in September, posts Ksh12bn HY profit
By Reuters,
1453, August 16, 2018 (EAT)
KCB Group expects to finalize a takeover of smaller rival Imperial Bank by the end of September, Kenya’s biggest bank by assets said on Thursday aft...
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MPs slam Keter for attacking DP Ruto
By Bernard Rotich,
1817, August 2, 2018 (EAT)
Nandi Hills Member of Parliament Alfred Keter has come under fire from a section of Rift Valley leaders for attacking Deputy President William Ruto at...
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Central Bank moves to spur lending
By Kepha Muiruri,
1834, July 31, 2018 (EAT)
The Central Bank of Kenya (CBK) has reviewed its base lending rate to commercial banks by 50 points to nine percent in an attempt to enhance the flow ...
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Central Bank forecasts 6.2pc growth in 2018
By Reuters,
1726, July 31, 2018 (EAT)
Kenya’s economy is likely to expand by 6.2 percent this year, the central bank’s governor said on Tuesday, offering a rosier outlook than the Fina...
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Central Bank seeks Imperial Bank receivership extension
By Citizen Reporter,
843, July 27, 2018 (EAT)
The Central Bank of Kenya (CBK) will next week move to court to seek an extension on its control of Imperial Bank. Speaking to a section of deposit...
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KCB left as sole bidder for Imperial Bank acquisition
By Citizen Reporter,
1846, July 24, 2018 (EAT)
Imperial Bank is set to have a new anchor shareholder to lift it out of a close to three year receivership. This as KCB Kenya has emerged as the le...
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Financial regulators warn of rise in unregulated products
By Kepha Muiruri,
1655, July 24, 2018 (EAT)
Financial sector regulators have warned the public against the purchase of unregulated and unlicensed financial services and products noting the incre...
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Top guns collide in Eldoret as national school games begin
By Stanley Mativo,
1815, July 23, 2018 (EAT)
It is here with us again!This time in Eldoret, Uasin Gishu County .The Kenya Secondary School Sports Association (KSSA) Term 2B National School Games ...
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Chase Bank to close 10 branches after SBM acquisition
By Werunga Kevin,
1506, July 23, 2018 (EAT)
Chase Bank (in receivership) is set to close 10 of its branches as it transitions into SBM Kenya following its acquisition by the Mauritian lender. ...
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China accused of hoodwinking poor nations, debt overload
By Reuters,
933, July 17, 2018 (EAT)
China is saddling poor nations with unsustainable debt,Ray Washburne, head of the U.S. Overseas Private Investment Corporation (OPIC) has said. Acc...
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Blockchain taskforce mulls regulated digital currency
By Kepha Muiruri,
1144, July 16, 2018 (EAT)
The taskforce appointed to establish whether the country is ready for blockchain technology has recommended the adoption of a digital currency. The...
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‘Hatuna deni ya mtu’: When a song turns the political world upside down
By Ian Omondi,
1840, July 9, 2018 (EAT)
Until last week, the biggest song in Kenya was without a doubt Kwa Ngwaru by Tanzania's Diamond Platnumz and Harmonize. But that has all but changed t...
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Kenyan Gov’t suppliers go unpaid as corruption depletes State coffers
By Reuters,
1458, July 7, 2018 (EAT)
The Government is failing to pay many of its contractors on time, as corruption drains funds for legitimate projects from State coffers, reports have ...
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Banks intensify KRA PIN request
By Patrick Igunza,
2034, July 5, 2018 (EAT)
Commercial banks have intensified requests to existing account holders to supply their KRA personal identification numbers, popular as KRA pin, in a m...
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Economy bounces to 5.7pc in first quarter
By Kepha Muiruri,
1258, July 2, 2018 (EAT)
The Kenyan economy expanded by 5.7 percent in the first quarter of 2018 as compared to a 4.8 percent growth over the same period in 2017 according to ...
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