CBK Monetary Policy Committee holds benchmark rate at 7%
The Central Bank of Kenya (CBK) has kept the benchmark rate at 7% citing inflation which remains within target range and the economy which is...
Central Bank of Kenya (CBK)
CBK want hold of digital lenders in push to regulate sector
The Central Bank of Kenya (CBK) has urged the National Assembly to pass the proposed CBK Amendment Bill 2020 that seeks to regulate digital lenders...
Zenka roots for customer-centricity to enhance digital lending
Zenka Finance is backing the development of innovative financial products that will place customer needs at the heart of digital lending in order to ensure...
Survey: Majority of small businesses left out of state covid-19 interventions
Majority of Micro and Small Enterprises (MSEs) have stated that their businesses did not feel any direct impact of government interventions that would have shielded...
May diaspora inflows grow 22.3% to hit Kshs. 33.8B
Kenyans living abroad sent home Kshs. 33.8B ($315.8 million) in May compared to Kshs. 27.6 billion ($258.2 million) sent during the same period last year...
Chase Bank inevitable end as CBK approves its liquidation
The Central Bank of Kenya (CBK) has appointed the Kenya Deposit Insurance Corporation (KDIC) to commence liquidation of Chase Bank Limited In-Receivership (CBLIR) due to...
CBK expands list of third-party credit information providers
The Central Bank of Kenya (CBK) has expanded the list of third-party credit information providers to nearly 2000 entities as part of its role to...
Banks to resume charges on mobile wallet transactions above Kshs 100
The Central Bank of Kenya (CBK) has given commercial banks the go-ahead to begin charging customers for transactions above Kshs. 100 using their own mobile...
Equity´s tech-led innovations ranked among top best user experience
Equity Bank has been ranked among the top three Tier I banks based on digital user experience analysis by a new customer survey conducted by...
Flower farms absorb additional workforce with production boom, survey finds
Flower farms have employed additional workers in January 2021 compared to the same period last year according to a survey conducted by the Central Bank...