Bankers face a fine of Sh20 million or three times the monetary gain, with the regulator leaning on the punitive penalty.
The EABX Plc received regulatory approval from the Capital Markets Authority (CMA) in February last year (2024) to establish ...
The Central Bank of Kenya (CBK) has announced a KSh 50 billion Treasury bonds buyback auction, allowing investors to sell ...
CBK Monetary Policy Committee (MPC) urged commercial banks to reflect the base interest rate change in their loan interest ...
Data from the Central Bank of Kenya (CBK) shows that profits have increased from $1.09bn during the same period last year, ...
EABX, the would-be competitor for the Nairobi Securities Exchange (NSE), received its operating licence from the Capital ...
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The Star on MSNCBK puts banks on notice, lowers lending rate to 10.75%The Monetary Policy Committee (MPC) chaired by CBK Governor Kamau Thugge, said that in order to further support the lowering ...
Sate-run Power Sector Assets and Liabilities Management Corp. said Wednesday the value of the 796.64-megawatt ...
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Tuko on MSNCBK lowers interest rate by 50 points, warns banks to cut loan costs or face penaltiesThe CBK lowered the Central Bank Rate to 10.75% and the Cash Reserve Ratio to 3.25% to boost credit access, urging banks to ...
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PhilStar Global on MSNPSALM eyes new auction for Laguna hydro complexThe privatization of a massive hydro complex in Laguna has hit a roadblock, with Power Sector Assets and Liabilities Management Corp. scrapping the ongoing auction process.
Corp. said it will initiate a rebidding process for the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) complex. In an announcement posted on its Facebook page, ...
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The Kenya Times on MSNM-Oriental Bank Reduces Interest Rates on Loans After CBK WarningAfter the Central Bank of Kenya (CBK) lowered the base lending rate by 50 basis points, M-Oriental Bank announced a reduction ...
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