CBK
Where To Invest And Grow Your Money For The Long Term
Investors with a near term investment horizon are better off investing in treasury bills and short-term treasury bonds, as well as high dividend...
KNA2 Mins read
East Africa Economic Outlook Shows Mixed Fortunes
East Africa Economic Outlook: The East African Community (EAC) is one of the leading regional economic organizations in sub-Saharan Africa and has made...
KALU MENGO2 Mins read
Ecobank Suspended From Forex Market Over Unsafe Trading Practices
Ecobank has been ordered to cease transactions as an authorised foreign exchange dealer in the Kenyan market from Tuesday, March 29, 2022, to...
BT Reporter1 Mins read
![Giant telco Safaricom had the lion's share of active mobile money accounts with 62.5 percent of them or 26.22 million being active over 30 days. [Photo/ Nairobi News]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/06/M-Pesa-Phone.jpg?fit=680%2C382&ssl=1)
40 Million Mobile Money Accounts Abandoned Due To Loans
At least 40.93 million out of the 68 million registered mobile money accounts were inactive as of December 2021, new data by the...
BT Reporter1 Mins read
![Digital credit services will be required to disclose interest rates, late payment and rollover fees before issuing the loans. [Photo: REUTERS/Thomas Mukoya]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2022/03/mobi-635x420-1.jpg?fit=635%2C420&ssl=1)
New Rules for Loan Apps as CBK Sets Compliance Deadline
With the new regulatory framework, they will be required to disclose interest rates, late payment and rollover fees before issuing the loans. The...
MARTIN SIELE1 Mins read
Brace For Expensive Loans As CBK Lifts Freeze On Costs
The Central Bank of Kenya (CBK) has lifted the freeze on loan costs cap, spelling the beginning of expensive loans. As a result,...
BT Reporter1 Mins read
![CBK Governor Dr. Patrick Njoroge at a past press conference. The CBK has published the National Payments Strategy 2022-2025. [Photo/ KNA]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2022/02/DSC_2070-e1580293099701.jpg?fit=680%2C451&ssl=1)
CBK’s Nod to Crypto in New Payments Strategy
The strategy paints a picture of the evolution of payment systems in Kenya from the introduction of the first Automated Teller Machine (ATM)...
MARTIN SIELE2 Mins read
CBK Targets High M-Pesa Charges in Digital Currency Push
Mobile money services in Kenya, such as M-Pesa, Airtel Money, Equitel and T-Kash now face an onslaught by proposed Central Bank Digital Currency...
FRANCIS MULI2 Mins read
Tanzania-Kenya Total Trade Hits Ksh102 Billion
Kenya Tanzania bilateral trade hit USD 905.5 million (Ksh102.8 billion) in 2021 for the period January –November 2021 according to the Central Bank...
FRANCIS MULI3 Mins read
