Why digital cash is a need of the hour: boon and bane?

By Citizen Reporter,

The COVID-19 pandemic has had expansive outcomes on human and monetary exercises, remembering for money, installments, and cash. For some people, the ...

OPINION: Reflecting on COVID-19 learnings and angling for recovery

By Guest Writer,

By Joshua Oigara It has been an exceptionally tough year behind us. The COVID-​19 pandemic has triggered the strongest economic contraction in...

coronavirus , oigara

Equity BCDC unveils new identity in DRC

By Citizen Reporter,

Equity Banque Commercial du Congo (Equity BCDC) has launched its new identity following the successful merger of Equity Bank Congo (EBC) and Banque Co...

Equity BCDC

Absa Bank Kenya pledges more support for SMEs

By Citizen Reporter,

Absa Bank Kenya Plc. on Wednesday celebrated its one-year anniversary in the market with a commitment to significantly invest towards transforming cus...

Absa Bank Kenya

Uchumi revives Lang’ata hub in new market concept

By Kepha Muiruri,

Uchumi has injected life back to its Lang'ata hub under a new market concept allowing businesses to lease out spaces. The move is targeting farmers...

Uchumi supermarkets

CBK interventions lift digital banking

By Kepha Muiruri,

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...

Central Bank of Kenya (CBK) , Digital Banking , Kenya Bankers Association (KBA)

WAIHIGA: No emails or zoom calls, Uganda is voting

By Waihiga Mwaura,

What does it mean to be unable to access online banking for at least four days? What if the only way you could pay for your electricity was online ...

Bobi Wine , Uganda elections , yoweri museveni

PROFILE: Wavi Mungala redefining her career through integrity, tenacity

By Guest Writer,

By Patience Nyange Wavi Mungala has over 15 years of experience across the hospitality, banking and public sectors in Kenya and the U.S. She is ...

wavi mungala

Equity Group Holdings to merge with Banque commerciale du Congo

By Citizen Reporter,

Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the n...

Banque commerciale du Congo , Equity

Shilling remains in free fall as it crosses Ksh.111 mark against the dollar

By Kepha Muiruri,

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...

Central Bank of Kenya (CBK) , Dr. Patrick Njoroge , shilling

Banks put on the spot for mimicking ‘rogue’ digital lenders

By Kepha Muiruri,

Commercial banks have been put on the spot for resembling digital lenders by saddling Kenyans with exorbitant mobile loans. This is as the traditio...

Central Bank of Kenya (CBK) , fuliza , Kenya Bankers Association (KBA)

Why the CBK isn’t losing any sleep over banks sinking profitability

By Kepha Muiruri,

Banks earnings continue to take a beating from economic disruptions occasioned by the COVID-19 pandemic. This however is merely a secondary concern fo...

Central Bank of Kenya (CBK) , Dr. Patrick Njoroge , Kenya Bankers Association (KBA)

Shabana banking on new recruits in quest for FKF-PL slot

By Dan Ogega,

National Super League side Shabana is counting on the new signings to help them realize their dream of earning promotion to the FKF Premier League nex...

FKF PL , New signings , Shabana , Wycliffe Nyangechi

Bank jobs on the line as COVID-19 wreaks havoc on industry

By Kepha Muiruri,

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...

banks , Central Bank of Kenya (CBK) , non-performing loans

Munala banking on revamped squad for KCB upturn

By Stanley Mativo,

KCB volleyball team head coach Japheth Munala is banking on his revamped squad for an upswing in the team’s performance once top flight volleyball r...

Japheth Munala , KCB , KVF

CRB listings return as the State sanctioned suspension ends

By Kepha Muiruri,

Commercial banks and other lending institutions are set to resume listing loan defaulters effective Thursday with Credit Reference Bureaus (CRB) as th...

Central Bank of Kenya (CBK) , Credit Referencing Bureaus (CRBs)

Kenya Bankers Association, Huawei ink partnership to promote tech-driven financial inclusion

By Citizen Reporter,

The Kenya Bankers Association has signed a collaboration agreement with tech-firm Huawei Kenya that seeks to deepen financial inclusion in the financi...

Huawei

COVID-19 sets the stage for accelerated bank mergers and acquisitions

By Kepha Muiruri,

The COVID-19 pandemic is expected to trigger a new run of mergers and acquisitions (M&As’) as Kenya’s banking industry shifts under the weight...

banking in Kenya , Central Bank of Kenya (CBK) , COVID-19 , mergers and acquisitions

e-conference for leading women in banking, finance to promote gender diversity in leadership

By Rachel Ombaka,

The Kenya Bankers Association (KBA) is set to convene the Africa Regional e-Conference for Leading Women in Banking and Finance from 15-16, October, 2...

andia chakava , Graca Machel Trust , Kenya Bankers Association , New Faces New Voices

Mshwari and Fuliza lead as SMEs top loan providers

By Kepha Muiruri,

KCB and NCBA backed Mshwari and Fuliza have been established as the most accessed mobile credit providers by Kenya’s small and medium enterprises (S...

fuliza , mshwari , SMEs in Kenya , Viffa Consult