NEWS

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National Treasury building. PHOTO/@KeTreasury/X
BUSINESS

CBK Auction Oversubscribed as Treasury Bill Bids Hit Ksh55.5B

The Central Bank of Kenya (CBK) has recorded strong investor demand for Treasury bills, with the latest auction attracting bids worth Ksh 55.5...

Susan Mang'eni
NEWS

Hustler Fund Reaches 28 Million Kenyans, Disburses Ksh94 Billion

The Hustler Fund has reached nearly 28 million Kenyans and disbursed close to KSh94 billion since its launch, Principal Secretary for the State...

Shehryar Ali, senior vice president and country manager for East Africa and Indian Ocean Islands at Mastercard (left), and Saad Latif, Director of Commercial Operations at Flowcart, sign a strategic collaboration agreement to enable secure, seamless card payments within social and conversational commerce journeys across East Africa.
BUSINESS

Mastercard and Flowcart Partner to Power Secure Card Payments in East Africa

 Mastercard has entered a strategic collaboration with Flowcart to embed secure, seamless card payments directly within social and conversational commerce journeys. Initially launching...

FirstRand
BUSINESS

FirstRand Seeks to Acquire a Bank in Kenya

FirstRand, a major player in South Africa’s banking business is seeking to acquire a bank in Kenya as more banking firms from the...

BUSINESSTECHNOLOGY

New ‘Lulu’ undersea cable lands in Mombasa

East African submarine cable landscape has reached a defining milestone as a Mauritius-based ICT infrastructure developer, Indoi Ltd (IOX) launches, LuLu, Kenyan coast's...

A passenger train pictured on the Standard Gauge Railway
BUSINESS

SGR Records Ksh3.2B Operating Profit in Major Turnaround

After years of operating without making a profit, Kenya's Standard Gauge Railway (SGR) has finally crossed into positive territory, posting an operating profit...

Outside Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

CBK Opens Public Review of Banking Rules

The Central Bank of Kenya (CBK) is seeking public views on proposed changes to banking rules that could reshape how lenders manage risks...

Prime Cabinet Secretary Musalia Mudavadi
NEWS

Kenya Clarifies Position On Foreign Traders Amid Small-Scale Trade Debate

The Kenyan government has clarified that it is not imposing a blanket ban on foreign traders engaging in small-scale trade, saying foreigners remain...

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