Fintech: Kenya’s Wapi Pay seeks payment solutions between Asia and Africa

By Kepha Muiruri,

Kenyan based financial technology (fintech) company Wapi Pay has moved to strengthen payments on its Afro-Asia corridor under a new partnership with S...

Afro-Asia fintech festival , CBK , digital payments , Wapi Pay

Kenya, Singapore in deal to collaborate on innovation

By Kepha Muiruri,

Kenya and Singapore have, through their respective Central Banks arrived at an understanding allowing the two countries to collaborate on innovation. ...

Central Bank of Kenya , Singapore

Odera makes eight changes to Simbas Elgon Cup squad

By Agencies,

Head Coach Paul Odera has made eight changes to the Simbas squad that suffered the 13-16 loss to Uganda in the first leg of the Elgon Cup. The Squa...

Elgon Cup , Jacob Ojee , Kenya Simbas , Paul Odera

Rising food, fuel prices push June inflation rate to 5.7pc

By Kepha Muiruri,

The Kenya National Bureau of Statistics (KNBS) has quoted the end month inflation rate at 5.7 percent to indicate a 0.2 percent upward adjustment to c...

CBK , consumer prices in Kenya , Inflation , kenyan shilling , KNBS

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

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 ...

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�...

NOCK hands Team Kenya kit ahead of Africa Beach Games

By Matthews Mutai,

The National Olympic Committee of Kenya (NOCK) on Saturday unveiled Team Kenya that will represent the country in the inaugural Africa Beach Games set...

Beach volleyball , Waithaka Kioni

Digital lenders form self-regulating alliance amid public backlash

By Kepha Muiruri,

Twelve of the estimated 500 digital lenders in Kenya have launched the Digital Lenders Association of Kenya (DLAK), a self-regulating alliance incorpo...

Central Bank of Kenya (CBK) , Digital Lenders Association of Kenya (DLAK) , digital lending apps , Dr. Patrick Njoroge , Robert Masinde.

Kenya Simbas kick-off Elgon Cup training

By Agencies,

Kenya Simbas kicked off training on Wednesday June 5 at RFUEA as they focus on the 2019 internationals. The Kenya Rugby Union held the Simbas trial...

Elgon Cup , Kenya Rugby Union , Kenya Simbas , Paul Odera

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

ODM wants CBK deadline for new currency changed to August 1

By Dennis Musau,

The Orange Democratic Movement (ODM) wants the deadline for exchanging the old Ksh.1000 notes changed from October to August. Chairperson John Mbad...

new currency kenya , ODM party

NOCK set to unveil Team Kenya for Africa Beach Games

By Philip Muchiri,

The National Olympic Committee of Kenya (NOCK) will on Saturday in Mombasa unveil the team that will represent the country at the inaugural Africa Bea...

Africa Beach Games , Cape Verde , Mombasa , NOCK , Sal

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

Does size matter? CBK says new bank notes will be much smaller

By Benjamin Muriuki,

The new generation bank notes unveiled on Madaraka Day (June 1) by President Uhuru Kenyatta will be significantly different from the older notes that ...

bank notes , Central Bank of Kenya , Dr. Patrick Njoroge , madaraka day , New currency

Why it will be harder to change the ‘old’ Ksh.1000 notes to foreign currency – CBK

By Benjamin Muriuki,

The government has vowed to tighten measures to ensure that illegally obtained monies is not sneaked into the formal financial system ahead of the Oct...

Central Bank , Central Bank of Kenya Governor Dr. Patrick Njoroge , New currency

Kenyatta image on new Ksh.1K notes sparks controversy

By Citizen Reporter,

The front of the new Ksh.1000 bank notes bear the image of Kenyatta International Conference Centre, a move that has sparked controversy. Critics c...

CBK , Jomo Kenyatta