In its weekly bulletin published on Friday, February 7, the central bank revealed that international oil prices declined, ...
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Hosted on MSNCBK sees inflation below target despite rising food pricesThe Central Bank of Kenya (CBK) expects inflation to stay below the target of five percent over the coming months despite the rising food prices.The apex bank says the overall inflation rate will only ...
Airtel Money cash tills and paybills will be open for transactions by users on the rival M-Pesa platform from March, a top ...
Among the companies President William Ruto proposed for listing at the Nairobi Securities Exchange were the Kenya Ports ...
The Kenyan shilling strengthened against the US dollar on Friday, marking its first significant gain since November last year. Experts at Reuters attributed the shilling’s recovery to increased ...
Data from the Central Bank of Kenya (CBK) shows that profits have increased from $1.09bn during the same period last year, ...
Commercial banks that fail to comply with the Central Bank of Kenya (CBK) lending guidelines now risk penalties of up to three times their profits. This comes as CBK moves to accelerate the reduction ...
Central Bank of Kenya has written to 13 banks to explain how they plan to progressively increase their core capital to Sh3 billion this year and Sh10 billion by 2032. The regulator revealed this at a ...
The government will likely be required to enhance tax collection and combat graft as part of its fiscal consolidation.
NSE closed on a subdued note today, as investors navigated a challenging trading environment marked by declines across key indices.
Safaricom was the most traded stock, accounting for 35.2% of the day’s turnover. The counter’s price function weakened by 1.6% ...
Banks rode the wave of the rising interest rate environment to adjust lending rates upwards, while increasing their return ...
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