KBA

40 Articles
PAYE in Kenya Tax measures
ECONOMY

Bankers Propose Popular Tax Measure that Will Increase Salaries

The banking industry has called on the government to consider a uniform 5% reduction in Pay As You Earn (PAYE) across all income...

Raimond Molenje, CEO, Kenya Bankers Association
BUSINESS

Bankers Push CBK to Hold Rates Steady Amid Rising Global Risks

Commercial banks are urging the Central Bank of Kenya (CBK) to hold its key lending rate steady, warning that the economy is facing...

Tax documents on the table
ECONOMY

Understanding the Roadmap to Tax Reduction in Kenya

Calls for reducing taxes in Kenya have grown louder in recent years as citizens, business groups, and policymakers grapple with high living costs...

Raimond Molenje, CEO, Kenya Bankers Association
BUSINESS

KBA Backs Low-Income Tax Exemption but Wants Deeper PAYE Reductions

Kenya’s top bankers are pushing the government to rethink its income tax strategy, warning that small tax breaks will not fix the pressure...

Raimond Molenje, CEO, Kenya Bankers Association
BUSINESS

Banks Pressure CBK to Lower Interest Rates to Spur Lending

Kenya’s top bankers want the Central Bank of Kenya (CBK) to cut borrowing costs to make credit cheaper and jumpstart growth. The Kenya...

Raimond Molenje, CEO, Kenya Bankers Association
BUSINESS

KBA Conference to Focus on Unlocking Credit for Small Businesses

Kenya’s small and medium enterprises will be under the spotlight next week as bankers, regulators and policymakers meet to chart a path for...

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

Banks Welcome CBK’s New Loan Pricing Framework

The banking industry has welcomed the Central Bank of Kenya’s (CBK) move to introduce a new loan pricing formula for variable-interest loans, saying...

Kenya banking sector capitalization
ECONOMY

Kenya’s Banking Sector Well-Capitalised to Support Economic Growth

Kenya’s banking sector remained well-capitalized and strongly positioned to support economic growth in the year 2024.

Paul Russo KBA Chairperson
BUSINESSLEADERSHIP

In Latest Transition, Banks Elect Veteran Banker as Chairperson

Kenyan Commercial banks have elected KCB Group CEO, Mr Paul Russo, as the new chairperson of the Kenya Bankers Association (KBA).