Banks Go on Auction Frenzy as Kenya’s Bad Loans Soar Past Sh700 Billion
Kenyan banks have ramped up auctions of repossessed assets as non-performing loans (NPLs) surge past...
Banking
KeNHA Begins Construction of Sh85 Billion Isiolo–Mandera Highway, Funded by World Bank and AfDB
The Kenya National Highways Authority (KeNHA) has officially broken ground on the ambitious 749-kilometre Isiolo–Mandera...
ADB presidency: Zambia’s Dr. Samuel Maimbo is making bold promises to overhaul the continent’s financial future.
As the African Development Bank (AfDB) presidential race heats up, Zambia’s Dr. Samuel Maimbo is...
Kenya Ditches IMF Strings in Sh4.3 Trillion Budget Gamble
In a bold fiscal pivot, Kenya’s National Treasury has unveiled a KSh4.3 trillion budget for...
Equity Bank Sacks 200 Over Ksh1.5 Billion M-Pesa Payroll Fraud in Sweeping Internal Purge
Equity Bank has fired over 200 employees in one of Kenya’s largest internal fraud purges,...
The KCB Group posts Sh16.5 Bn Profits as Stanchart Declines By 13.5 Percent
Kenya’s banking sector presented a mixed financial performance in the first quarter of 2025, with...
Family Bank Posts Sh1.05 Billion Profit in Q1 2025, Signaling Strong Growth Momentum
Family Bank Group has reported a robust 15.4% jump in net profit for the first...
CBK’s Silent Crisis: Aging Workforce Poses Risk to Financial Stability
Behind the Central Bank of Kenya’s (CBK) steady hand on monetary policy lies a ticking...
CBK Denies Comeback of Interest Rate Caps Amid Lending Rate Debate
The Central Bank of Kenya (CBK) has pushed back against growing speculation that it plans...
Co-operative Bank of Kenya Hooks 135 More Saccos to Boost Platform Dominance
The Co-operative Bank of Kenya has onboarded 135 additional savings and credit co-operatives (saccos) onto...
