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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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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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Auditor Flags Troubled Consolidated Bank Over Management Breaches and System Failures

Auditor Flags Troubled Consolidated Bank Over Management Breaches and System Failures

The Auditor-General has raised fresh red flags over the troubled Consolidated Bank of Kenya, citing...

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Safaricom Denies Role in Tracking Albert Ojwang After former CS Muturi

Safaricom Denies Role in Tracking Albert Ojwang After former CS Muturi

Safaricom CEO Peter Ndegwa has strongly refuted claims that the telco assisted the Directorate of...

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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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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...

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MPs Oppose Fertiliser Tax Shift in Finance Bill 2025, Warn of Food Price Surge

MPs Oppose Fertiliser Tax Shift in Finance Bill 2025, Warn of Food Price Surge

A storm is brewing in Parliament over a controversial clause in the Finance Bill 2025...