Kenyans will soon be asked to have a Huduma Namba in order to send cash or do any other digital money transactions. According to a report that appeared in the Daily Nation on Thursday, the Central Bank of Kenya...
The Co-operative University of Kenya (CUK) has nominated Co-operative Bank chief executive officer Dr Gideon Muriuki for the conferment of the Doctor of Humane Letters.
Dr Muriuki will be honoured for his distinguished career in the banking industry, and especially...
Qatar has banned 12 Kenyan job recruitment agencies. This follows following pressure from job seekers and trade unions to ensure that workers from Kenya who go to Qatar are treated better.
The list of agencies that have been banned include...
New NHIF Rates: Kenyans who earn above Sh. 100,000 will soon start to pay between Sh. 1,700 and Sh. 8,500 every end of the month to the National Hospital Insurance Fund (NHIF). This is according to fresh regulations by...
The government has lifted a five-year hiring ban in parastatals. This is according to a memo from State House that was issued by the head of public service Joseph Kinyua. The memo has now given parastatals the green light...
The Co-operative Bank has partnered with the International Finance Corporation (IFC) to offer loans to healthcare businesses in Kenya at more favourable terms.
The businesses that will benefit from the funding program include clinics, hospitals and laboratories with a maximum...
The government has demanded for a mega payment of Sh. 7.7 billion from Standard Chartered Bank and Heritage Insurance. The money is being demanded as insurance guarantees paid for the controversial Arror and Kimwarer dams.
The State Department for Northern...
The Kenya Commercial Bank is set to build over 5,786 affordable residential homes and commercial offices worth Sh. 6.035 billion. The bank has kicked off the search for strategic partners for the project.
The multi-billion project will be constructed on...
CBK Digital Currency: Kenya is finally appearing ready to introduce digital currencies into its financial systems. This follows a move by the Central Bank of Kenya that has seen the CBK call on Kenyans to submit their views on...
Cytonn Investments chief executive officer Edwin Dande and his three co-founders are set to face Sh. 1.1 billion fraud charges over unauthorized payments they made while working at Britam's British American Asset Managers. This is after the Court of...