Digital lenders have protested the push to give the Central Bank Kenya (CBK) unilateral powers to…
Category: Business News in Kenya
Kenya inches closer to securities lending platform after successful testing
The plan to launch securities lending and borrowing at the Nairobi Securities Exchange (NSE) has moved…
Boost for customers as Safaricom issues discounts on home Internet
Safaricom has introduced discounts on its home fixed Internet service by up to Sh400 or 16.6…
Why KQ stopped flying monkeys to US labs
National carrier Kenya Airways has said it will end a contract under which it shipped monkeys…
Rising Eurobond yields signal higher cost of borrowing
The risk assigned to Kenya’s sovereign bonds by international investors has gone up in the last…
CMA: How Chase Bank chiefs siphoned billions
Chase Bank auditors Deloitte did not inspect the failed lender’s IT system in annual audits, creating…
Kenya Railways, truckers argue over cargo transport costs
Anxiety has gripped transporters after Kenya Railways (KR) began hauling cargo from Mombasa to Malaba via…
State accuses Rubis Energy, oil lobby of plotting artificial shortage
The controversy over the importation of some 30,000 tonnes of petrol into the country over the…
Fully electric bus to shove diesel version off the road
Swedish electric vehicle maker Opibus has introduced the first fully electric bus in Kenya, which it…
Admission of DRC to East African bloc enters final stages
The admission of the Democratic Republic of Congo to the East African Community (EAC) has moved…