BOI: Why Kenyan youth need to read the BBI Report

By Desmond Boi,

The launch of the Building Bridges Initiative (BBI) Report this past week has grabbed the headlines of mainstream and other media. It is imperative...

BBI

How top Kenyan banks retained profits under interest rate caps

By Kepha Muiruri,

Top Kenyan banks retained profits against the stay of the depressive interest rate caps in the last three years by reigning on costs to widen the marg...

Interest Rates , KBA , Moody's

CBK revises 2019 growth expectations down from 6%

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has revised its economic growth expectations for 2019 to 5.9 percent from an original 6 percent anchoring the trim on ...

CBK , economic growth , Kenya's GDP growth rate

CBK assures affordable loans but won’t shepherd banks on rates

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has assured Kenyans to the retention of affordable loans in the post rate cap environment in its attempt to demystify ...

CBK , Interest Rates , Kenya Bankers Association (KBA)

CBK cuts base lending rate to 8.5%

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has cut its base lending rate to 8.5 percent from 9 percent, marking the first adjustment to the Central Bank Rate (CB...

CBK , Central Bank Rate (CBR) , mpc

All eyes on CBK on review of Kenya economy base lending rate

By Kepha Muiruri,

All eyes will be on the Central Bank of Kenya (CBK) as it offers guidance on the direction of interest rates in the market. The CBK has been relati...

CBK , CBR

Kenya Gov’t plans to clear pending supplier bills by next week

By Kepha Muiruri,

The government has through the National Treasury promised to clear outstanding supplier bills by the end of the month as part of its renewed efforts t...

National Treasury , pending bills , Stanbic PMI

CBK boss warns banks against taking advantage of Kenyans

By Kepha Muiruri,

Central Bank of Kenya (CBK) Governor Patrick Njoroge has cautioned banks against side-lining borrowers in the aftermath of the interest rate caps repe...

CBK , KBA

‘Greedy’ lenders to blame for feared hike on bank loan rates

By Kepha Muiruri,

The interest rate charged on your new loan is inevitably set to rise in the aftermath of the interest rate cap repeal in spite of assurances from the ...

CBK , Finance Act , interest rate caps , KBA , Treasury

Kenya bankers welcome Uhuru repeal on interest rate cap

By Paul Ombati,

Kenya Bankers Association chairperson Joshua Oigara has welcomed the repeal of the interest rate cap which President Uhuru Kenyatta assented to His...

bankers association , oigara

Equity Bank posts Ksh.17.5B nine month profit

By Kepha Muiruri,

Equity Group has announced a Ksh. 17.5billion net profit in nine months. The period to September 30 saw increased customer lending and higher non-f...

Equity Group

Banks free to set higher interest rates as Uhuru approves Finance Bill

By Kepha Muiruri,

President Uhuru Kenyatta has signed into the law the Finance Bill 2019 giving nod to among other provisions, the free setting of interest rates by com...

Finance Bill 2019 , interest rate caps , KBA

‘Beast’ Mtawarira calls time on Springboks career

By Reuters,

South Africa World Cup winner Tendai Mtawarira announced his retirement from international rugby on Wednesday and bows out as the most capped prop in ...

south africa , Springboks , Tendai Mtawarira

Banks promise not to take advantage of interest cap removal

By Kepha Muiruri,

Banks have vowed not to go back to the exorbitant interest rates they were charging before the introduction of the rate caps which was removed on Tues...

CBK , interest rate caps , KBA

MPs leave Kenyans at the mercy of banks as rate caps fall

By Kepha Muiruri,

Members of Parliament (MPs) have left Kenyans at the mercy of banks on the rate charged on new loans as the interest rate caps fall. In a chaotic v...

Bok captain Kolisi’s remarkable rags to riches rise

By Reuters,

South Africa captain Siya Kolisi did not have a television at home the last time the Springboks played in the Rugby World Cup final but 12 years on le...

England , Rugby world cup , Siya Kolisi , south africa , Springboks

All Blacks swat Wales aside to take bronze

By Reuters,

The All Blacks bid farewell to coach Steve Hansen and captain Kieran Read with a 40-17 victory over Wales at Tokyo Stadium on Friday, claiming the one...

All Blacks , New Zealand , Rugby world cup , Wales

The rise and rise of rugby ace Itoje

By Reuters,

Five years ago Maro Itoje captained England to the Junior Rugby World Cup title. On Saturday, five days after turning 25, he could be part of a team w...

eddie jones , England , Junior Rugby World Cup , Maro Itoje

Kenya retains 3rd place in continental investor attraction ranking

By Kepha Muiruri,

Kenya has retained third place in its attraction to investments on the continent, according to the recently published ABSA Africa Financial Markets In...

ABSA Africa Financial Markets Index , CMA , nse

The force behind Uhuru’s calls for removal of interest rate caps

By Kepha Muiruri,

President Uhuru Kenyatta’s rate interest cap repeal call to Parliament has been enforced, financial allied sector stakeholders now reckon. While ...

interest rate caps , KRA , National Treasury , Uhuru kenyatta