banks
Kenya Banks Pay Record Ksh205B in Taxes
The Kenya Bankers Association reported a record Ksh 205.58 billion in taxes contributed by banks and microfinance institutions in 2025, even as compliance...
SABRINA BT2 Mins read
Ruto Urges Banks to Cut Lending Rates as Borrowing Costs Remain High
President William Ruto has asked commercial banks to bring down lending costs, saying the country's economic recovery should create better financing opportunities for...
SABRINA BT1 Mins read
CBK Tightens Rules on Emergency Bailouts for Struggling Banks
The Central Bank of Kenya (CBK) will now be required to apply stricter rules before offering emergency financial support to struggling banks, following...
SABRINA BT3 Mins read
Bankers Propose Popular Tax Measure that Will Increase Salaries
A 5% PAYE reduction would release Ksh 28.1 billion annually into the economy and generate Ksh 42 billion in GDP output
KALU MENGO2 Mins read
Women Slowly Stealing the Show at African Banker Awards
Winners to be announced on the sidelines of African Development Bank Annual Meetings in Brazzaville at the end of the month
KALU MENGO3 Mins read
Bankers Push For Lower PAYE Tax, Reveal Salaried Kenyans Struggling Financially
The banking industry has proposed a downward review of Pay As You Earn (PAYE) tax bands to raise the minimum taxable personal income...
BT Reporter1 Mins read
Mobile Currency Trading Revolution in Kenya
Kenya's mobile technology advancement has transformed how people access financial markets. The country that pioneered mobile money through M-Pesa now leads East Africa...
BT Reporter4 Mins read
Banks in Race to Lower Price of Loans
The new CBK model provides a transparent anchor rate while banks retain the flexibility in setting borrower- specific premiums
JACKSON OKOTH2 Mins read
Strong Earnings By Top Banks Firing Up Activity at NSE
The earnings period has also coincided with interest rates coming down
JACKSON OKOTH2 Mins read
