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CBK Extends Bulk Payment Settlement Hours to Boost Efficiency of Large-Value Transactions

CBK Extends Bulk Payment Settlement Hours to Boost Efficiency of Large-Value Transactions

The Central Bank of Kenya (CBK) has extended the operating hours of its Kenya Electronic...

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Riyadh Air Bets Big: Orders 25 Airbus A350-1000s, Eyes 50 in Vision 2030 Push

Riyadh Air Bets Big: Orders 25 Airbus A350-1000s, Eyes 50 in Vision 2030 Push

Riyadh Air has made a bold move on the global aviation chessboard, signing a firm...

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Co-op Bank CEO Muriuki Earns Record Ksh475M as Bank Delivers Robust 2024 Performance

Co-op Bank CEO Muriuki Earns Record Ksh475M as Bank Delivers Robust 2024 Performance

Gideon Muriuki, CEO of Co-operative Bank of Kenya, took home a record Ksh475 million ($3.65...

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CBK Eases Lending: MPC Cuts Base Rate to 9.75% in Surprise Move

CBK Eases Lending: MPC Cuts Base Rate to 9.75% in Surprise Move

In a slight but notable shift in monetary policy, the Central Bank of Kenya (CBK)...

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Kenya to Lead Africa in Vaccine Manufacturing After Landmark China Pact

Kenya to Lead Africa in Vaccine Manufacturing After Landmark China Pact

Kenya is positioning itself as Africa’s pharmaceutical powerhouse following a strategic partnership with China that...

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World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Over Debt and Credit Woes

World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Over Debt and Credit Woes

The World Bank has revised Kenya’s 2025 economic growth forecast downward to 4.5%, from a...

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Britam Buys Sh764 Million Stake in Nigerian Reinsurer in Regional Revenue Push

Britam Buys Sh764 Million Stake in Nigerian Reinsurer in Regional Revenue Push

Nairobi, June 8, 2025 — Kenyan financial services giant Britam Holdings Plc has acquired a...

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COTU Disowns Housing Tax Support, Calls Out PS Hinga for “Blatant Lies”

COTU Disowns Housing Tax Support, Calls Out PS Hinga for “Blatant Lies”

Kenya’s top workers’ union, the Central Organization of Trade Unions (COTU), has come out guns...

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CBK Licenses 41 More Digital Lenders, Total Now at 126 Amid Regulatory Push

CBK Licenses 41 More Digital Lenders, Total Now at 126 Amid Regulatory Push

The Central Bank of Kenya (CBK) has approved 41 additional Digital Credit Providers (DCPs), increasing...

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Govt to Roll Out Automated Pension System in July to Curb Delays, Enhance Efficiency — CS Mbadi

Govt to Roll Out Automated Pension System in July to Curb Delays, Enhance Efficiency — CS Mbadi

The government will from July 2025 implement a fully automated pension processing system, in a...