Kenyans could be forced to meet new compulsory insurance costs as the government moves to strengthen the local underwriting sector. The new proposa...
Kenya has pushed the International Monetary Fund (IMF) to soften terms attached to its loan support programs. The push by Kenya which preceded the ...
The International Monetary Fund (IMF) has approved a 38-month program which will see Kenya receive a total of Ksh.255.1 billion ($2.34 billion) in loa...
Kenya is expected to receive Ksh.34.5 billion from the International Monetary Fund (IMF) next week. The loan represents the first batch of a $2.4 b...
Kenya Airways (KQ) Board Chairman Michael Joseph says the proposed nationalization of the carrier is not the only way out for the struggling airline w...
Kenya has earned yet another ratings downgrade over its rising debt vulnerabilities with the Standards & Poor's (S&P) lowering the country’s...
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...
Kenyan authorities and the visiting team from the International Monetary Fund (IMF) have reached a staff-level agreement on the disbursement of a Ksh....
National Treasury Cabinet Secretary Ukur Yatani is set to make his debut in the international capital markets with a Ksh.123.5 billion Eurobond in the...
President Uhuru Kenyatta has said the Government is committed to continue creating a conducive environment for small-scale traders to prosper. The ...
Kenya added Ksh.1.2 trillion to its debt portfolio in 2020 as the country’s stock of debt hit Ksh.7.3 trillion in December from Ksh.6 trillion a yea...
Kenya is hoping to raise Ksh.154 billion in debt from the World Bank and the International Monetary Fund (IMF) before the end of June this year. Th...
In a nutshell, Kenya’s stock of public debt stood at Ksh.1.3 trillion a decade ago, today, this stock has climbed to Ksh.7.1 trillion as of Septembe...
Kenya is in deep talks with the International Monetary Fund (IMF) over the access of emergency bail out loans over the next three and a half years, th...
Besieged retailer Tuskys has indicated plans to reduce its branch count by more than half to 25 from its current 52 stores around the country. The ...
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...
Mauritius-backed lender SBM has announced plans to shut down five of its branches as it seeks to rationalize its operations. In a notice to custome...
Kenya’s third largest bank by asset base NCBA is set to fire staff as a response to constrained operation barely one year on from its CBA, NIC conso...
A total of 69,874 decisions from the courts have been collected and uploaded on the Kenya Law website with a track record of 100 per cent upload of le...
Civil society groups (CSOs) under the moniker Okoa Uchumi have faulted the government’s obsession with big ticket infrastructure projects for saddli...