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IMF urges CBK to slash policy meetings to four

Nairobi, June 21 -- The International Monetary Fund (IMF) has urged the Central Bank of Kenya (CBK) to cut its policy setting meetings to four from the current six in a year to align the regulator wit... Read More


Titus Muya: The dreamer who built Family Bank

Nairobi, June 21 -- On Tuesday, Family Bank shares will start trading on the Nairobi Securities Exchange (NSE), allowing shareholders, including its founder Titus Kiondo Muya, to sell part of their st... Read More


Absa gains Sh7bn as parent firm offers premium price

Nairobi, June 21 -- Absa Bank Kenya's share price jumped 4.59 percent on Friday, representing a gain of Sh7.33 billion as investors reacted to Absa Group Limited's bid to raise its stake in the Kenyan... Read More


Why Kenya's MMF boom is no bubble

Nairobi, June 21 -- There is a long-running debate on TikTok and other social media platforms about the massive growth of Money Market Funds (MMFs) in Kenya in recent years. On one hand are those who ... Read More


South Africa firms in Sh413bn swoop on Kenya blue-chips

Nairobi, June 21 -- South African companies are betting Sh413 billion on acquisitions in Kenyan blue-chip firms, seeing them as a platform for a bigger foothold in the fast-growing East and Central Af... Read More


Telcos push for tax scrap for phones below Sh13,000

Nairobi, June 21 -- Mobile network operators are pushing for removal of taxes on entry-level smartphones, arguing that high handset costs have become the biggest obstacle to bringing millions of peopl... Read More


The dreamer who built Family Bank proudly watches the lender being listed on NSE

Nairobi, June 21 -- Family Bank shares on Tuesday will start trading on the Nairobi Securities Exchange (NSE), allowing shareholders, including its founder Titus Kiondo Muya, to sell their stakes to i... Read More


Why Mbadi deferred Sh10bn banks' core capital rule

Nairobi, June 21 -- Claims of a potential slowdown in bank lending to households and businesses this year saw the National Treasury extend the Sh10 billion core-capital requirement, setting a one-off ... Read More


The truth about State-owned enterprises

Nairobi, June 21 -- A quarter of a century ago, I was a rookie relationship manager at Citibank Kenya. Together with my colleauges, we successfully convinced the finance team of Kenya Ports Authority ... Read More


Organisations must prioritise IFRS 18 readiness to keep disruptions at bay

Nairobi, June 21 -- IFRS 18, Presentation and Disclosure in Financial Statements, is the new IFRS accounting standard effective from January 1, 2027. The new standard was developed in response to inve... Read More