CBK to review business, assets transfers in banks' restructure

Nairobi, Sept. 30 -- The Central Bank of Kenya (CBK) is seeking to oversee transfer of business between subsidiaries in a banking group in a bid to protect investors and depositors. The regulator, in... Read More

CBK raises number of bank directors, caps chair tenure

Nairobi, Sept. 30 -- The Central Bank of Kenya (CBK) has increased the minimum number of directors in banks and capped the tenure of their chairmen, boosting board independence. In new draft prudenti... Read More

Nyoro gets Sh32m after Kenya Power 50pc dividend increase

Nairobi, Sept. 21 -- Kiharu Member of Parliament Ndindi Nyoro will pocket Sh32.3 million from Kenya Power after the electricity distributor hiked its dividend payout for the year ended June 2026 by 50... Read More

Employers face rising costs from staff's sitting lifestyle

Nairobi, Sept. 20 -- How long do you sit in a day? When I asked those around me this question, their first response was six to eight hours. However, when we went through their daily activities, that f... Read More

How CBK will control bank dividend payouts

Nairobi, Sept. 20 -- Kenya's commercial banks with core capital of less than 8.625 percent of their loan book will be barred from paying any dividend to their shareholders in new regulatory proposals ... Read More

Lawyers targeted in abandoned cash mop-up plan

Nairobi, Sept. 8 -- The Unclaimed Financial Assets Authority (UFAA) plans to mop up idle financial assets held by lawyers on behalf of their clients, a move likely to stir a standoff over the estimate... Read More

Rules shake-up as investors abandon Sh30bn dividends

Nairobi, Sept. 7 -- The Unclaimed Financial Assets Authority (UFAA) has lined up a raft of policy changes, including a reduction of penalties and the extension of the dormancy period, in a bid to unlo... Read More

Arthur Oginga on the firm's pricing issue, fraud challenge and plan to dispose real estate stocks

Nairobi, Sept. 3 -- Old Mutual Holdings recently disclosed that it had decided to deliberately let go of some business from its books that was poorly performing, bringing to focus the issue of price u... Read More

CBK rejects Sh20bn as bidders seek higher rates

Nairobi, Sept. 2 -- The Central Bank of Kenya (CBK) rejected Sh20.4 billion offered by investors in the two reopened September bonds as it sought to keep a lid on the government's borrowing costs in a... Read More

Civil servants pension fund lifts NSE investments, collections hit Sh60bn

Nairobi, Sept. 1 -- The civil servant's pension scheme, Public Service Superannuation Fund (PSSF), is changing its investment policy from the current 79.3 percent concentration in fixed income securit... Read More

• 1
• 2
• 3
• 4
• »