The Energy And Petroleum Regulatory Authority (EPRA) has announced new higher prices following the signing into law of the Finance Act 2023.
The new prices are set to come into force starting July 1, 2023 and will cover the period...
The government's apparent cluelessness on how to salvage the rapidly depreciating Kenya Shilling against the US dollar continues to manifest with the State now projecting that the local currency will sink to 150.
According to the National Treasury, the shilling...
Annastacia Kimtai was appointed Managing Director, KCB Bank Kenya in April 2023. The appointment was a reintroduction of the position of the Managing Director of KCB Bank Kenya which is the flagship of the KCB Group.
Kimtai was appointed acting...
What is the process of opening a CDS Account and trading in treasury bonds? Let's begin by looking at what treasury bonds are.
Treasury bonds are secure, predictable medium-to-long-term investments that offer interest payments after every six months throughout the...
Kenya has exported avocados to China worth Sh. 9 billion in three months of March, April and May.
These avocados added up to secen million kilograms and fetched Kenya an estimated USD64.38 million.
This has been revealed by the Kenya Plants...
Independent Power Producers (IPPs) in Kenya have asked the government to extend their contracts with Kenya Power beyond the current 20-year expiry date.
The power producers who have been largely blamed for Kenya's expensive power claim that if the contracts...
The Co-operative Bank is this weekend expected to migrate its banking system to a new Sh. 6.95 billion platform dubbed Finacle that is more secure and fast in conducting transaction.
This system migration is slated to start on Friday June...
The Central Bank of Kenya has finally approved Safaricom’s ambitious interest-free Lipa na M-Pesa loans.
The approval comes nearly a year after the CBK pulled the brakes on the launch of the product that was expected to disrupt the mobile...
During the African Banker of the Year 2023 at the 58th Annual Meeting of the African Development Bank that was held in Sharm El Sheikh in Egypt, Esther Kariuki was named the 2023 African Banker of the Year.
Ms Kariuki...
An elderly woman who has been embroiled in a fight with Family Bank has now written to the bank pleading for her title deed after completing an outstanding loan that was the subject of the fight.
90-year-old Edith Njoki says...
