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Kenya 7s skipper Ojee named sports personality of the month
By Agencies,
926, July 5, 2019 (EAT)
KCB Rugby winger Jacob Ojee is the StarTimes Sports Personality of the month of May. Ojee was instrumental as the bankers bagged their third consec...
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How the rate cap sparked change to an ‘indisciplined’ financial sector
By Kepha Muiruri,
1649, June 22, 2019 (EAT)
The interest rate cap has brought a substantial level of positive change to the financial sector this in spite of its well documented regressive effec...
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Why new notes are taking time to hit your wallet
By Kepha Muiruri,
1245, June 7, 2019 (EAT)
While a number of Kenyans have already gotten their hands on the new age currency notes, a similar proportion is yet to interact with the new notes to...
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Cheap homes to shakeup housing market
By Kepha Muiruri,
839, May 29, 2019 (EAT)
The fruition of the government backed cheap homes initiative is expected to create a radical shift in the housing market, this as the sector on boards...
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‘CRB should stop listing individuals over Ksh.100 debt ’- Olaka
By Kepha Muiruri,
1557, May 25, 2019 (EAT)
Commercial banks have welcomed the ongoing conversation to review the law governing Credit Referencing Bureaus (CRBs), highlighting on gross inconsist...
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Mortgage accounts poised to increase with KMRC launch
By Kepha Muiruri,
2049, May 22, 2019 (EAT)
The Kenya Mortgage Refinancing Company (KMRC) launched on Wednesday by President Uhuru Kenyatta is expected to double the number of mortgage accounts ...
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Controversy of overvalued shilling: Why Central Banks intervene globally
By Kepha Muiruri,
814, May 14, 2019 (EAT)
An International Monetary Fund (IMF) report has ignited the debate on the true value of the Kenyan shilling. This after another study by Amana Capi...
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SME credit guarantee a piece of a larger jigsaw – Experts
By Kepha Muiruri,
1849, April 8, 2019 (EAT)
Stakeholders in the micro, small and medium enterprises (MSME) space have welcomed the establishment of a credit guarantee scheme by government termin...
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Equity defies expensive lender-tag to grow loans to Ksh.297.2B
By Kepha Muiruri,
1232, March 27, 2019 (EAT)
Equity bank has defied its expensive lender-tag to grow its share of loans and advances by 6% to Ksh.297.2 billion to equal and surpass the average lo...
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Consumer Federation seeks recourse on rate-cap ruling
By Kepha Muiruri,
1010, March 19, 2019 (EAT)
The Consumer Federation of Kenya (COFEK) has filed an application in court, objecting last week’s High Court directive to scrap off holds on interes...
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Legislators unstirred by rate-cap ruling
By Kepha Muiruri,
1209, March 16, 2019 (EAT)
Legislators have vowed to ensure the continued hold of interest earnings from commercial banks’ lending, playing down a hint at a return to expensiv...
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Removal of interest caps an old conversation – Oigara
By Kepha Muiruri,
1925, March 6, 2019 (EAT)
Kenya Bankers Association (KBA) Chairman and KCB Chief Executive Officer Joshua Oigara has hinted at the sector’s acceptance of the prevailing inte...
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Kenyan banks lose Ksh.50M daily as hackers wreak havoc
By Faizal Ahmed,
931, January 31, 2019 (EAT)
The Directorate of Criminal Investigations (DCI) on Wednesday published posters with the faces and names of 130 suspects wanted for hacking into bank ...
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Kenya’s private sector mulls creation of corruption referencing bureau
By Kepha Muiruri,
1953, January 24, 2019 (EAT)
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 ...
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Hockey clubs converge in Mombasa for SANA Cup
By Moses Ngige,
1823, October 19, 2018 (EAT)
The Kenya Hockey Union (KHU) Premier Leagues takes a break this weekend as all roads lead to Mombasa for the SANA Cup Tournament. The tournament is...
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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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NGOs want Parliament to reject Finance Bill 2018
By Citizen Reporter,
847, August 14, 2018 (EAT)
The East Africa Tax and Governance Network, a consortium of civil society group has called on the National Assembly to reject the Finance Bill 2018. ...
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Banks shy away from farmers over waiver culture
By Sophie Kinoti,
1838, July 26, 2018 (EAT)
Government debt relief to small holder farmers has seen most lenders become hesitant to offer loans. According to a report by the Kenya Bankers’ ...
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Proposed tax on transactions above Ksh.500,000 suspended
By Dzuya Walter,
1208, July 19, 2018 (EAT)
The High Court in Nairobi has issued conservatory orders suspending the implementation of the excise duty introduced by the Finance Bill 2018 on money...
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Bankers oppose Rotich’s ‘Robin Hood’ tax
By Dzuya Walter,
1459, July 2, 2018 (EAT)
Bankers have taken issue with the government’s plan to tax transactions above Ksh500,000 as proposed by National Treasury cabinet secretary Henry Ro...
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