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...
Kenyan banks have opted to extend relief on loan repayment terms to customers despite the end of the restructure window by the Central Bank of Kenya (...
Kenyan authorities and the visiting team from the International Monetary Fund (IMF) have reached a staff-level agreement on the disbursement of a Ksh....
Members of the Institute of Certified Investments and Financial Analysts (ICIFA) have called on the government to reinstate relief measures to cover K...
The rate of inflation has soared again in January to reach 5.69 per cent from 5.62 per cent in December as the pressure piles on consumer spending. ...
Kenya’s government aims to “reconfigure” its external debt, its central bank governor said on Thursday, without immediately elaborating. The ...
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. ...
Kenyans living and working abroad sent home a record Ksh.341 billion in 2020, growing their remittances by 10.7 per cent from Ksh.308 billion in 2019....
Like any other year, the start of 2020 was premised on high hopes for better fortunes and tidings by Kenyans with many coining the unofficial phrase ...
The Kenyan shilling has remained in a free fall as it crosses a new confidence marker to trade past Ksh.111 mark against the US dollar. The local u...
Commercial banks have been put on the spot for resembling digital lenders by saddling Kenyans with exorbitant mobile loans. This is as the traditio...
The Senate is now calling for stricter measures on digital lending applications that they say are milking Kenyans dry. The Finance and Budget Commi...
Peter Wainana remembers when the forest near his home outside Kenya’s capital, Nairobi, was so thick with trees and vegetation it was difficult to w...
The Kenya shilling slipped past another crucial confidence marker on Friday as it breached the Ksh.110 mark in its valuation against the US dollar. ...
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...
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...
The Central Bank of Kenya (CBK) has launched its fourth currency centre in Kisii town. The new centre is expected to support the reserve bank’s c...
Commercial banks and other lending institutions are set to resume listing loan defaulters effective Thursday with Credit Reference Bureaus (CRB) as th...
President Uhuru Kenyatta now says the economy is performing far much better than anticipated in spite of a general slump triggered by the COVID-19 pan...