Commercial banks’ earnings from foreign exchange trading for nine months through September nearly doubled on higher demand for the dollar amid widening margins. ...

Utambuzi has launched in Kenya. Utambuzi, which means ‘insights’ or ‘diagnosis’ in Swahili, is a personal finance management product that leverages machine learning ...

Digital lenders in Kenya will have to file a self-declaration form and license from the Central Bank of Kenya (CBK) with the tech ...

Kenya is eyeing loans from the International Monetary Fund (IMF), the World Bank Group and rich countries to lift its foreign-exchange reserves that ...

A third of Kenyan loan accounts are listed as defaulted with the country’s credit reference bureaus (CRBs) in an economy where Covid-induced job ...

Equity Group plans to fully start pricing loans based on the risk profile of borrowers from January, citing recovery from pandemic shocks which ...

The Central Bank of Kenya has signalled lenders to raise borrowing costs in a bid to rein in expectations of runaway inflation amid ...

The Treasury has increased the use of emergency loan facilities at the central bank to fund critical government expenditures, pointing to biting cash ...

This partnership enables Copia’s diaspora and urban customers to conveniently initiate transactions and purchases for their loved ones in rural areas in Kenya ...

The State-controlled National Social Security Fund (NSSF) has appointed an acting managing trustee to replace Anthony Omerikwa who left the position Monday after ...