Payment service providers to create security-distinct post in new CBK guidelines

By Kepha Muiruri,

Payment Service Providers (PSPs) will be required to create a distinct information security post from October this year as the Central Bank of Kenya (...

Central Bank of Kenya (CBK) , Cyber security , payment service providers , Serianu

Uhuru: Bob Collymore’s death has robbed Kenya part of its ‘soul’

By PSCU,

President Uhuru Kenyatta on Thursday eulogized deceased Safaricom Chief Executive Officer Robert ‘Bob’ William Collymore as a special friend who h...

Bob Collymore , Michael Joseph , PETER KENNETH , President Uhuru Kenyatta , Safaricom

Details of Bob Collymore’s memorial service

By Rachel Ombaka,

A memorial for the late Bob Collymore is set for Thursday at the All Saints Cathedral Church in Nairobi. Guests are expected to be seated by 10:30a...

Bob Collymore , collymore , Safaricom

High Court bars Ngirita siblings from accessing money in KCB accounts

By Dzuya Walter,

The High Court in Nairobi on Tuesday morning blocked the Ngirita family from accessing monies held at the Kenya Commercial Bank (KCB). The orders w...

high court , Justice John Onyiego , KCB , Ngirita

How the rate cap sparked change to an ‘indisciplined’ financial sector

By Kepha Muiruri,

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...

Central Bank of Kenya , interest rate cap law , Jude Njomo , Kenya Bankers Association , National Treasury

GSU out to extend KVF supremacy in Voi

By Stanley Mativo,

The battle for a top-four finish in the Kenya Volleyball Federation league is expected to heat up this weekend with all roads heading to Taita Taveta ...

GSU , KVF , Volleyball

BWIRE: Why Africa must face climate change head on

By Citizen,

By Victor Bwire Accelerated effects of climate change including prolonged droughts are taking a toll on the economies of people in the Great Horn o...

CBK Governor downplays concerns on weakening shilling

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has eased concerns on the shilling's value quelling fears to the volatility of the local unit. The shilling for ins...

Central Bank of Kenya

Central Bank says no extension of Ksh.1000 note withdrawal deadline

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has ruled out any extensions to the demonetization deadline set for October 1, 2019. Speaking at a news conference ...

National Assembly now wants Kenya Airways nationalised

By Faizal Ahmed,

The National Assembly's Transport Committee has shot down the proposed take over of Jomo Kenyatta International Airport by national carrier Kenya Airw...

jkia , Kenya Airways , National Assembly

Demonetization effects filter into value of Kenyan shilling

By Kepha Muiruri,

The value of the Kenyan shilling has continued its recent slide against the US dollar breaching the Ksh.102 mark for only a second time this year, sig...

Central Bank of Kenya (CBK) , demonetization , kenyan shilling , patrick njoroge

National Bank postpones key vote on takeover by KCB

By Kepha Muiruri,

The board of the National Bank of Kenya (NBK) postponed the key vote on the lender’s proposed takeover by KCB Group on Friday. This as the bank�...

Equity follows up Ethiopia interests with new representative office

By Kepha Muiruri,

Equity Group has set up a commercial representative office in Ethiopia following the grant of license to commence operations. The new office is ancho...

Equity Group , Equity Group’s Managing Director James Mwangi , Ethiopia , Ethiopian Prime Minister Abiy Ahmed , KCB , LAPSSET , Marsabit , moyale , Safaricom

Nairobi to host first Africa Business Ethics Conference

By Benjamin Muriuki,

Nairobi is expected to play host to the inaugural Africa Business Ethics Conference in June this year. The two-day conference will run from June 25...

Africa Business Ethics Conference , CIPE , KEPSA , Milestones Resource Solutions

Kenyan currency no longer accepted in Ugandan Banks: BOU

By Citizen Reporter,

Banks in Uganda will no longer accept Kenyan currency at the counter. A statement from Uganda's Central Bank said the move is aimed at boosting Ken...

CBK , new Kenyan currency

Why new notes are taking time to hit your wallet

By Kepha Muiruri,

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...

Central Bank of Kenya (CBK) , demonetization , New currency

New notes hit banking counters, CBK confirms circulation

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has confirmed the release of the first batch of new currency notes to commercial banks bringing into circulation the m...

CBK , demonetization , new currency kenya

High Court declines to suspend National Bank takeover by KCB

By Dzuya Walter,

The High Court has declined to suspend the takeover of the National Bank of Kenya by the Kenya Commercial Bank (KCB) as it awaits the outcome of a pet...

KCB , National Bank of Kenya

CBK: What you need to exchange over Ksh.1M for new currency

By Citizen Reporter,

The Central Bank of Kenya (CBK) has said those without bank accounts and with over Ksh.1million and want to exchange for the new currency will need to...

CBK , new currency kenya

CBK to mop up 217.6 million old series Ksh.1000 notes

By Kepha Muiruri,

Data from the Central Bank of Kenya (CBK) indicates that there are 217.6 million old-series Ksh. 1000 notes in circulation today, a pivotal figure to ...

Central Bank , New currency , patrick njoroge