Banking Sector Crisis Could scare Away Foreign Investors- Fitch Ratings
One of the World's top three most recognized statistical rating organizations, Fitch Ratings has said that the current crisis among Kenya's ...
World Bank lowers 2016 growth projections for Sub-Saharan Africa to 3.3% from 4.4%
Reuters The World Bank on Monday lowered its 2016 sub-Saharan African growth forecast to 3.3 percent from a previous forecast ...
KCB says open to consolidation, no comment on Chase Bank
Reuters KCB Group, Kenya's biggest bank by assets, said on Monday it was open to taking part in consolidation in ...
CMA says securities held By Genghis are in safe custody.
The Capital Markets Authority (CMA) and Central Depository and Settlement Corporation Limited (CDSC) has issued a statement to assure investors that ...
NSE 20 Share Index Falls as KES strengthens to an 8-Month Record
The Nairobi Securities Exchange began the week with the NSE 20 shedding 1.0% to close at 3,958.57 points compared to ...
Kenya’s Central Bank to offer financial support to banks facing liquidity pressure
Kenya's Central Bank Governor Dr Patrick Njoroge has on Sunday evening said that CBK will from Monday avail financial support to ...
Largest Sovereign Wealth Fund’s Investment Journey in Kenya
What is a Sovereign Wealth Fund? A Sovereign Wealth Fund (SWF) is a state-owned investment fund or entity that is ...
The Risks and Opportunities of Institutional Crypto Trading
In the last ten years, the cryptocurrency market has undergone a dramatic transformation. Once considered a niche interest for tech ...
“Chase Bank Receivership is a clean up exercise” says President Kenyatta
PSCU President Uhuru Kenyatta has assured Kenyans that there was no reason to worry over the state of the banking sector saying the ...
Chase Bank placed under Receivership
Chase Bank Kenya Ltd was put in receivership on Thursday after it failed to meet its obligations, becoming the third ...