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Monthly Archives: January 2021

Did Igathe Resign? Courts to Decide as Former DG Throws Spanner...

Igathe says he was not aware if the legal steps to formalize his resignation were conducted.

Banks Restructure Sh1.6trn Worth Of Loans in 10 Months

Personal and household loans amounting to Ksh333.0 billion or 39.6 percent of the gross loans to this sector have had their repayment period extended

Mwananchi Credit Extends Repayment Period For Civil Servants Loans To 8...

Civil servants and TSC members will now have up to 96 months to pay their loans, a major relief from the previous 72 months.

CBK Retains Base Lending Rate at 7%. Plans Further Economic Intervention...

The regulator is considering rolling out further economic intervention measures after being satisfied with the execution of the Economic Stimulus Program to cushion vulnerable citizens

Equity Turnover at NSE Drops 27.5% as Investors Flee Pandemic

Investors, both local and foreign, stayed away from the bourse during the quarter.

Relief for Business Owners as Govt Extends Disclosure Deadline

Failure to comply with the requirements exposes companies and their directors to stiff penalties.

Mastercard to Use Quantum-Resistant Technology to Protect Contactless Payments

New Enhanced Contactless specifications provide next-generation capabilities for advanced protection and convenience

22-Minute Nyeri-Nairobi Flights Set to Spur Trade, Tourism

The launch of the flights is expected to boost the local economy in the county.

Exclusive: Betty Kyallo on Upcoming TV Comeback, Her New Barber Shop...

In a conversation with Business Today on Wednesday, January 27, she described the moment as a huge milestone

Keep Our Loans Secret – Banks Urge CBK Over Investor Fears

The banks proposed to access money through CBK’s Discount Window without the stigma that is associated with the use of the facility