Kenyan financial industry players, including banks, have warned that issuing a Central Bank Digital Currency (CBDC)…
Category: Business News in Kenya
Four banks shortlisted as lead arrangers for new Eurobond
Four banks have been shortlisted as potential lead arrangers for Kenya’s planned return to the global…
Kenya loses $2m weekly as the tea sector crisis spirals
Instability and uncertainty in Kenya’s tea industry have gone a notch higher with reports that the…
Treasury mulls mini-budget to clear Sh641bn pending bills
The Treasury will table a Cabinet memorandum next week spelling out its plans to clear the…
CBK clears 33 banks for risk-based loans
The Central Bank of Kenya (CBK) has given the nod to 33 out of 39 commercial…
CBK reveals cheapest and most expensive Kenyan banks
Small lenders such as First Community Bank (FCB), Ecobank of Kenya and HF Bank dominate the…
KQ’s Dreamliner to Amsterdam takes maiden flight using biofuel
Kenya Airways (KQ) on Thursday flagged off its maiden flight running on biofuel made by Italian…
Ndegwas overtake Kenyattas in NCBA stake
The Philip Ndegwa family has bought an additional 31.6 million shares of NCBA Group with a…
US graft shocker in new trade deals with President Ruto
Public officials charged with corruption offences stemming from American-funded projects and investments in Kenya will be…
Safaricom reveals plan to set up smartphone factory
Safaricom has revealed that it is setting up a factory in Kenya, which will assemble between…