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Treasury misses Ksh.18B target on February second bond offer
By Kepha Muiruri, 1401, February 18, 2021 (EAT)
The National Treasury has missed its target of raising Ksh.18 billion from its second-stab in February’s bond sale. Having initially fallen shy o...

bond , debt , Treasury
Gov’t urged to reinstate COVID-19 relief measures to aid economy
By Kepha Muiruri, 1308, February 4, 2021 (EAT)
Members of the Institute of Certified Investments and Financial Analysts (ICIFA) have called on the government to reinstate relief measures to cover K...

COVID-19 , cushioning measures , Institute of Certified Investments and Financial Analysts (ICIFA)
Aga Khan University becomes first academic entity in Africa to gain ACGME-I accreditation
By Citizen Reporter, 1001, February 1, 2021 (EAT)
Aga Khan University has become the first in Africa and South Asia to be accredited by the Accreditation Council for Graduate Medical Education Interna...

Aga Khan University
CBK keeps the benchmark lending rate at 7% for the sixth time
By Kepha Muiruri, 1818, January 27, 2021 (EAT)
The Central Bank of Kenya (CBK) has left the benchmark lending rate at seven per cent at its sixth straight policy meeting on Wednesday. In a state...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR)
From 64 branches to just 5: Retailer Tuskys nears its last breath
By Kepha Muiruri, 1835, January 25, 2021 (EAT)
Troubled retailer Tuskys is nearing its last breath with its branch count having fallen to just five from a high of 64 in a little over 12 months. ...

liquidation , nakumatt , Tuskys
CBK to leave the benchmark rate unchanged at 7 per cent
By Kepha Muiruri, 1821, January 25, 2021 (EAT)
The Central Bank of Kenya (CBK) is expected to largely retain the benchmark lending rate at seven per cent for most of 2021. The reserve bank whose...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR)
Hope for SMEs as Kenyan banks renew risk appetite
By Kepha Muiruri, 1725, January 13, 2021 (EAT)
Small and medium enterprises (SMEs) are set to profit from the greater issuance of credit by commercial banks in 2021 as the lenders expand their thre...

loans , smes
After sitting on the fence, Kenya takes up debt-suspension offer
By Kepha Muiruri, 1839, January 11, 2021 (EAT)
Kenya has agreed to take up the debt service suspension initiative (DSSI) after tiptoeing around the deal for months. The Paris Club which represen...

debt service suspension initiative (DSSI) , Kenya's debt , National Treasury
2020 review: Millions mark end of the year in economic despair
By Kepha Muiruri, 913, December 31, 2020 (EAT)
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 �...

coronavirs , economy , tax
Banks hold back funds discharged from CBK reserves
By Kepha Muiruri, 1728, December 14, 2020 (EAT)
Commercial banks have held back funds released from the lowering of the Cash Reserve Ratio (CRR) in March by the Central Bank of Kenya (CBK). Accor...

banks , Cash Reserve Ratio (CRR) , CBK , governor patrick njoroge
OPINION: Private energy generators hold the key to cheaper electricity in Kenya
By Guest Writer, 1237, December 7, 2020 (EAT)
By Jeremy Gitonga The raging debate on why more Kenyans are embracing alternative energy sources to escape the Kenya Power Limited high tariffs is ...

energy
Banks loan restructures hit Ksh.1.4T in October
By Kepha Muiruri, 1704, November 27, 2020 (EAT)
Local banks have now restructured Ksh.1.38 trillion in customer loan repayments as part of relief measures passed on to borrowers over COVID-19 relate...

banks , Central Bank of Kenya (CBK) , coronavirus , COVID-19
CBK leaves the benchmark rate unchanged at 7% for the fifth time
By Kepha Muiruri, 1812, November 26, 2020 (EAT)
The Central Bank of Kenya (CBK) has left the benchmark lending rate unchanged at seven percent for the fifth straight time following its policy meetin...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR)
Global leaders urged to involve local communities in urban transformation
By Benjamin Muriuki, 1811, October 30, 2020 (EAT)
Activist and social entrepreneur, Kennedy Odede, has called on global leaders to involve local communities in urban transformation. Speaking during...

kennedy odede
Equity, KNCCI roll out Ksh.200 billion loan facility to support small businesses
By Kepha Muiruri, 1723, October 13, 2020 (EAT)
Equity Group alongside the Kenya National Chamber of Commerce and Industry (KNCCI) have announced the creation of a Ksh.200 billion credit facility fo...

Equity Group , KNCCI , SME lending
CBK holds the benchmark lending rate at 7%
By Kepha Muiruri, 1013, September 30, 2020 (EAT)
The Central Bank of Kenya (CBK) has left the benchmark lending rate at seven percent for the fourth consecutive time noting its recent accommodative s...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR)
Treasury raises Ksh.64b from local borrowing in September
By Kepha Muiruri, 1059, September 17, 2020 (EAT)
The National Treasury has raised Ksh.64.2 billion from local borrowing in September as it continues to profit from the high investor appetite for gove...

domestic borrowing , National Treasury
Diaz: Employees still integral to businesses amidst COVID-19 pandemic
By Guest Writer, 2027, September 8, 2020 (EAT)
When the government implemented strict measures to contain the COVID-19 pandemic including the partial closure of the economy, job losses became a pre...

coronavirus
e-conference for leading women in banking, finance to promote gender diversity in leadership
By Rachel Ombaka, 2256, September 3, 2020 (EAT)
The Kenya Bankers Association (KBA) is set to convene the Africa Regional e-Conference for Leading Women in Banking and Finance from 15-16, October, 2...

andia chakava , Graca Machel Trust , Kenya Bankers Association , New Faces New Voices
Equity Group half-year profit falls by 24pc from higher costs to cover loan defaults
By Citizen Reporter, 1037, August 18, 2020 (EAT)
Equity Group Holdings PLC (EGH) has announced its half year results for the period ended June 30, 2020 reflecting a 24% decline in profitability. P...

Equity , half year profit , James Mwangi