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
Nairobi, July 21 -- For many young workers, disappearing from a job without notice can seem like the quickest way to move on. But some are discovering that a bad exit can come with an unexpected price... Read More
Nairobi, July 21 -- The number of banks cutting Pesalink fees has nearly doubled to 19, as lenders roll out free transfers of up to Sh1,000 and a flat charge of Sh20 on larger transactions to attract ... Read More
Nairobi, July 21 -- Africa's young population is often described as a demographic dividend: a potential economic advantage if young people can gain the skills and jobs needed to contribute productivel... Read More
Nairobi, July 21 -- Land prices at Kenya's Coast have grown in value over the past five years, but finding ready-to-develop-plots remains difficult due to unclear ownership, environmental regulations ... Read More
Nairobi, July 21 -- A transport company seeking Sh1.5 billion in damages from Absa Bank Kenya over an alleged data breach has told the court it has engaged an independent auditor to quantify the finan... Read More