Tier I lender Diamond Trust Bank (DTB) is expected to shut six branches by the end of October as part of efforts to consolidate its physical footprint...
Equity Banque Commercial du Congo (Equity BCDC) has launched its new identity following the successful merger of Equity Bank Congo (EBC) and Banque Co...
The Central Bank of Kenya (CBK) has warned of a much tougher and riskier economic forecast for the 2021 as the Kenyan economy wades uncertain waters. ...
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...
Commercial banks have been put on the spot for resembling digital lenders by saddling Kenyans with exorbitant mobile loans. This is as the traditio...
Investors in publicly listed firms at the Nairobi Securities Exchange (NSE) are set for barren dividends returns for the year as companies continue to...
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...
A Prison Warder based at the Prison Headquarters is among three arrested over the suspicion of irregular SIM swap and SIM Card registration. The ...
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...
Equity Group Holdings PLC (EGH) has announced its half year results for the period ended June 30, 2020 reflecting a 24% decline in profitability. P...
Only one out of 10 bank transactions are being conducted at a physical branch pointing to the increased digitization of the banking process. Accord...
Kenyans will continue enjoying free mobile money transactions below Ksh.1000 for the rest of the year. This follows the Central Bank of Kenya (CBK)...
Local banks expect new loan accounts to shrink significantly in 2020 as the industry prices in the impact of the Covid-19 pandemic. According to a ...
In recent times, the online betting scene in Kenya has witnessed a huge improvement. Since the number of betting firms continues to grow, existing boo...
Integrated Payments Service Limited (IPSL) has announced that all PesaLink transactions will be free with immediate effect until June 30, 2020. Thi...
Equity Group has posted a 14 per cent growth in profit after tax for the year ending December 2019 to Ksh.22.6 billion. The notable double digit gr...
By Victor Bwire With the 3rd case of a positive case of coronavirus in Kenya announced by the President, and a raft of measures put in place to dea...
Kenya’s Absa Bank has moved most of its customers onto its mobile banking platform, which it sees as a major driver for future growth, chief executi...
Absa Bank Kenya, formerly Barclays, is set to cast its net wider to the expansive MSME sector as the lender overhauls its strategy following the round...
I went through primary, secondary and tertiary schooling during a ridiculously difficult period; in terms of how finances were handled. For starter...