Nairobi, July 22 -- The Treasury has ejected four of its representatives from the Kenya Reinsurance Corporation (Kenya Re) board, including chairman Erick Gumbo, in a bid to quell tensions that have r... Read More
Nairobi, July 22 -- All mobile phones, tablets, and laptops sold in Kenya must now come with a minimum one-year warranty and a return policy under new consumer protection rules, putting vendors at ris... Read More
Nairobi, July 21 -- Friends are usually surprised by my distaste for political banter. True, I have been an MP and a governor, but I prefer ideas that can transform society, to political gossip. This... Read More
Nairobi, July 21 -- Citibank N.A. Kenya has petitioned the High Court to stop criminal investigations against its CEO, Martin Mugambi, over a disputed Sh261 million loan advanced to a Murang'a-based t... Read More
Nairobi, July 21 -- The family of the late billionaire poultry farmer Nelson Muguku is selling The Waterfront Karen Mall in Nairobi in a multi-billion shilling deal, marking a pivot from real estate. ... Read More
Nairobi, July 21 -- The Central Bank of Kenya (CBK) has raised its weekly borrowing target from the short-dated Treasury bills to Sh28 billion after a spike in domestic borrowing requirements for the ... Read More
Nairobi, July 21 -- NCBA Group shareholders will receive cash and stock in Nedbank Group worth Sh116.3 billion in exchange for ceding a 66 percent stake in the Kenyan lender to the South African giant... Read More
Nairobi, July 21 -- World over, access to energy is a lifeline. Reliable, affordable, and sustainable power creates quality jobs, protects livelihoods, boosts security, drives down the cost of doing b... Read More
Nairobi, July 21 -- Just this past week, at an event, I had a fascinating discussion with academic colleagues from various higher education institutions across Kenya. As we sat discussing the conditio... Read More
Nairobi, July 21 -- Eight years after International Financial Reporting Standard 9 (IFRS 9) came into force, many banks still treat Expected Credit Loss (ECL) models as a box-ticking exercise. That i... Read More