‘Shilling anchored on shaky ground,’ Parliamentary Budget Office says

By Kepha Muiruri,

The Parliamentary Budget Office (PBO) has cast doubts into the stability of the Kenyan shilling, terming its current anchorage on diaspora remittances...

Kenya Shilling , Parliamentary Budget Office

CMA regulatory sandbox set for April launch

By Kepha Muiruri,

The Capital Markets Authority (CMA) has outlined plans to roll-out its anticipated regulatory sandbox in April pending the completion of a regulatory ...

Luke Ombara , The Capital Markets Authority

Firms forecast to cut more jobs as rate-caps persist

By Kepha Muiruri,

Kenyan firms are expected to lay-off more employees in the New Year, this as most of the companies remain focused on a cost consolidation path to weat...

Cytonn Investments , Elizabeth Irungu , ICEA Lion Asset Management , Judd Murigi

Uganda calls on mobile Money to cultivate new debt investors

By Reuters,

Ugandans will be able to buy government securities through a mobile money platform in a move by the east African country to become less dependent on c...

mobile money , uganda

Horticulture exports to Britain will not be disrupted after Brexit: official

By Reuters,

Britain’s exit from the European Union will not disrupt Kenya’s horticulture exports to that country, said a senior Kenyan government official. ...

brexit , Chris Kiptoo

Tough XC battle expected as regions pick teams for nationals

By Citizen Team,

An action packed Saturday beckons as regions retreat to pick their teams for the national cross country championships slated for February 23 at the El...

National Cross Country Championship

China just quietly wrote off a chunk of Cameroon’s debt. Why the secrecy?

By CNN,

When top Chinese diplomat Yang Jiechi met Cameroon President Paul Biya in the capital Yaounde last month and wrote off a chunk of the African country'...

Micro-lender Key seeks additional Ksh.500M capital injection

By Kepha Muiruri,

Key Micro-finance Bank, formerly Remu, is seeking for Ksh. 500 million as additional capital injection from its shareholders, this to fund its planned...

Gregory Siro , Key Micro-finance bank , Luke Kinoti , Remu Micro-finance Bank

CMA backs local currency bond issuance to hedge against volatility

By Kepha Muiruri,

The Capital Markets Authority (CMA) has backed the adoption of local currency in the issuance of government debt in the international market, this to ...

Capital Markets Authority , Central Bank of Kenya (CBK) , International Monetary Fund (IMF) , Paul Muthaura

State eyes Diaspora dollars in planned bond issue

By Kepha Muiruri,

The Kenyan government has set its sights on the growing remittances from the Kenyan Diaspora community, announcing plans to issue a bond targeted spec...

Capital Markets Authority , Central Bank of Kenya (CBK) , Kenyan Diaspora , Luke Ombara , National Treasury

Court lifts arrest warrant against MP Alfred Keter

By Agnes Oloo,

Nairobi Chief Magistrate Francis Andayi has lifted a warrant he had issued for the arrest of Nandi Hills MP Alfred Keter on Thursday. Magistrate An...

Alfred Keter , arrest warrant

CBK calls for debt renegotiation, says external shocks likely to impact Kenya

By Dennis Otieno,

The Central Bank of Kenya (CBK) now says it is time the country renegotiated its debts to offer relief on repayments. Speaking during the post Mone...

CBK

CBK holds key lending rate at 9 percent

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has for the third consecutive time held its benchmark interest rate at 9 percent as it attributes the stay on the Cent...

Central Bank , Interest rate

Kenya’s private sector mulls creation of corruption referencing bureau

By Kepha Muiruri,

Players drawn from Kenya’s private sector are pondering the creation of a corruption referencing bureau in the course of the next five years, in an ...

Central Bank of Kenya , Habil Olaka , Kenya Bankers Association , KEPSA , Whistle-blower Bill

Munala’s KCB targeting continental glory

By Agencies,

Five times East and Central Africa Champions KCB Bank have officially unveiled their new volleyball signings ahead of preparations for Africa Club Ch...

Japheth Munala , KCB

Kenya struggles to give life to futuristic ‘Silicon Savannah’ city

By Reuters,

Labourers milled around an unfinished eight-storey building in an expansive field in Konza dotted with zebra and antelope - the only visible sign of p...

Konza Technopolis , Konza Technopolis Development Authority (KoTDA) , National Land Commission (NLC) , tech entrepreneur Josiah Mugambi

CBK rolls out new coins, notes next

By Dennis Otieno,

New generation coins have been launched for use in the country. This in line with the requirements of Article 231(4) of the Constitution. Since ind...

Central Bank accepts KCB’s offer for Imperial Bank

By Citizen Reporter,

Imperial Bank depositors can now access 12.5% of their deposits after the Central Bank of Kenya and the Kenya Deposit Insurance Company (KDIC) accepte...

Central Bank of Kenya , Imeperial Bank , KCB

Photos: Kenya’s new generation coins unveiled at CBK

By PSCU,

President Uhuru Kenyatta has officially launched Kenya's new generation coins. A statement from State House said the new coins have features that m...

Central Bank of Kenya , Kenya new generation coins , President Uhuru Kenyatta

M-Pesa outage: Safaricom explains exactly what happened

By Ian Omondi,

The Saturday outage on Safaricom’s mobile money service M-Pesa was due to a slow database response which resulted in a reduction of the number of tr...

CS Joe Mucheru , M-pesa , M-Pesa outage , Safaricom