How China is slowly expanding its power in Africa, one TV set at a time

By CNN,

In the outskirts of Nairobi, Kenya, Michael Nganga is watching a Chinese Kung Fu movie. His small home in Limuru doesn't have running water and i...

China in Africa , Pang tV , StarTimes , TRANSSION

CBK confirms shortage of new Ksh.1,000 notes

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has broken its silence on the reported shortage of the new currency notes that has slowed down the Ksh.1,000 demonetiz...

CBK , demonetization , patrick njoroge

Kenyan banks at pains to offer new currency as shortfall hits

By Kepha Muiruri,

Kenyan banks have re-configured their teller machines to churn out old-series notes. A senior banking official told Citizen Digital that lenders ba...

CBK , demonetization , New currency

Auditor General ordered to probe NBK books

By Kepha Muiruri,

The National Assembly has now ordered the Office of the Auditor General (OAG) to audit the books of accounts belonging to the National Bank of Kenya (...

Auditor General , CBK , KCB Group , National Treasury , NBK

KCB commits Kshs.50 million for WRC Safari Rally candidate event

By Norbert Oduor,

KCB Bank Kenya has committed Kshs 50 million towards this year’s WRC Safari Rally Candidate event slated for Friday 5th July – Sunday 7th July 2...

Angela Mwirigi , KCB , Safari Rally

Cash prize announced for national sevens circuit

By Agencies,

Stanbic Bank has extended its sponsorship of the Stanbic Bank National Sevens Circuit series for a further year – reaffirming its commitment to the ...

Menengai Cream Homeboyz , National Sevens Circuit

Software Group Africa appoints new CEO

By Citizen Reporter,

Software Group, a global software company that provides digital financial solutions with African operations run from Kenya, has appointed Connor Hanan...

CEO , Connor Hanan , Software Group Africa

All hands on deck: Rotich assures Parliament of proper checks on KCB-NBK deal

By Kepha Muiruri,

The National Treasury has defended its position on perceived laxity under the ongoing procedures in the acquisition of the National Bank of Kenya (NBK...

CBK , CMA , Henry Rotich , KCB-NBK acquisition , National Treasury

Jubilee eyes strong firms in strenuous market

By Kepha Muiruri,

Top insurer Jubilee is keen to consolidate on its market position in underwriting through mergers and acquisitions. This as the insurance industry ...

Jubilee Holdings

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

Facebook called before Senate panel over digital currency project

By Reuters,

Facebook Inc’s plans to create a global cryptocurrency will face scrutiny from the U.S. Senate Banking Committee on July 16, the latest sign that po...

cryptocurrency , facebook , Mark Zuckerberg

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�...

Sarri leaves Chelsea to take over at Juventus

By Reuters,

Serie A champions Juventus appointed Maurizio Sarri as their new coach on Sunday, hoping that his ambitious possession-based game would extend their d...

chelsea , Europa League , Juventus , Maurizio Sarri , Premier League , Seie A

Court orders Family Bank to pay former MD Munyiri Ksh.30M

By Sophie Njagi,

The Labour Court in Nairobi on Friday ordered Family Bank to pay its former MD Peter Munyiri Ksh.30 million after he succesfully contested an unpaid g...

Family bank , josephine kabura , KTDA Branch Manager Robert Oscar Nyaga , National Youth Service , Peter Munyiri , PriceWateHouseCoopers

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

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

U.S seek to rule in toughest-ever Women’s World Cup

By Reuters,

The United States may be favourites to retain their Women’s World Cup title but the rapid development of the game globally means they will face a to...

Ada Hegerberg , FIFA , France 2019 , Women's World Cup

Uhuru reappoints Patrick Njoroge as CBK Governor

By Wangui Ngechu,

President Uhuru Kenyatta has re-appointed Dr. Patrick Njoroge as Central Bank of Kenya Governor for another four year term. In a special gazette no...

CBK , Central Bank of Kenya , chase bank , Credit Referencing Bureaus (CRBs) , Dr. Patrick Njoroge , dubai , imperial bank , President Uhuru Kenyatta , Prof Njuguna Ndung'u