The Kenyan shilling continues to depreciate against major global currencies trading at an all-time high of 117.57 shillings against the US dollar. The Kenyan currency has...
Kenyans living abroad sent home Ksh 39.4 billion ($339.7 million) last month compared to Ksh 41.2 billion ($355 million) sent in April 2022 as remittance...
The International Monetary Fund (IMF) has called on African central banks targeting to issue digital currencies to be keen on user privacy as it backs...
The Central Bank of Kenya (CBK) has temporarily barred Ecobank Kenya Limited from foreign exchange trade over unsafe trading practices and breach to forex guidelines....
Wakanda Network Limited has completed the acquisition of 85% shareholding of Choice Microfinance Bank Limited effective October 22, 2021. CBK had approved the transaction on...
The Central Bank of Kenya (CBK) has approved the liquidation of Imperial Bank Limited that has been under receivership since 2015, citing a weak financial...