In early June, Equity placed TransCentury and East Africa Cables under receivership after declining a request to write off over Ksh2.8 billion ($20...
A new report compiled by audit firm PricewaterhouseCoopers (PwC) on behalf of the Kenya Bankers Association attributes the decline to reductions in corporate...
Despite the growth slowdown, the industry continued to withstand market shocks arising from the pandemic. The KBA report indicates that the sector’s outlook...
In 2018 and 2019, cyber criminals made away with at least Sh2.6 billion
Statistics from CBK suggests that Kenyans do not prefer keeping their money in banks as currency in circulation outside banks increases
The market was mainly driven by trading in banking and Safaricom shares, which represented over 85% of the traded volume.
With just one month before the old Ksh 1,000 become valueless, the Central Bank of Kenya says Ksh 25 billion were returned to...
With increasing fears that cyber attacks pose a huge threat to Kenya’s economy, The Central Bank of Kenya (CBK) has published new cyber...
The first day of trading in June at the Nairobi Securities Exchange (NSE) saw turnover decline as against the final day of trading...