Central Bank of Kenya Governor Kamau Thugge has gone on a rant against former CBK Governor Patrick Njoroge accusing over Kenya's weak shilling.
Thugge has alleged that Njoroge used USD2.8 billion to artificially maintain the Kenya shilling between year 2020...
The Central Bank of Kenya (CBK) loan rate has hit a record high sparking fears of mass loan defaults.
On Tuesday, the Monetary Policy Committee of the CBK hiked the central bank rate by a whopping 200 basis points to...
The multi-billion losses that Kenya Power has been incurring have been blamed on the USD currency rates given by the Central Bank of Kenya.
Apparently, the CBK currency rates that Kenya Power has been using are not what is available...
The Kenya Union of Journalists (KUJ) has claimed that journalists and correspondents working for the Standard Media Group, Radio Africa and MediaMax are going months without receiving monthly salaries.
"We have received distress calls from three media houses mainly, The...
National Treasury Cabinet Secretary Njuguna Ndung'u has claimed that it is not a bad thing that the Kenya Shilling is on a free fall. CS Njuguna Ndung'u claims that this is because the ongoing depreciation is an act of...
The High Court has stopped the collection of housing levy by the government. The High Court has also termed the housing levy unconstitutional.
The collection of housing levy was stopped by a three judge bench that included Judges Lawrence Mugambi,...
When you talk about coincidence, there is perhaps none that is greater than all candidates in a school getting the same marks in a single subject.
Yet this is what happened at an Isiolo school. All candidates who sat for...
KCB Group has revealed that it has been guaranteeing fuel purchases under the G-to-G government oil deals program.
According to the disclosures which showed the bank's financial might, KCB Group has cumulatively guaranteed fuel import purchases worth $3.4B (Sh.514.96 billion)...
The Kenya Revenue Authority (KRA) is set to lock horns with Kenyan lawyers. This us after it started making audit demands to lawyers as it goes for their bank accounts in search of withholding tax.
According to a report that...
Berlin, Germany, with World Bank President Ajay Banga on the sidelines of G20 Compact with Africa Conference inThe World Bank has revealed that it will give Kenya Sh. 1.85 trillion loans. The loans will be availed starting in July...
