CBK Rolls Out Its Internship Program
Central Bank of Kenya(CBK) has set 24th July 2023 as the deadline for applicants to its internship program that seeks to develop a pool of young talent adequately exposed to [...]
AfCFTA in USD6 billion deal to finance Africa’s SMEs
The Africa Continental Free Trade Area (AfCFTA) Secretariat has signed a multi-million deal agreement with UBA to support Small and Medium Enterprises (SMEs) in Africa. In a deal signed in [...]
Kenya Secures USD 500 Million Syndicated Medium-Term Loan Facility
The Kenyan Government has secured a Syndicated Medium-Term Loan Facility amounting to USD 500 million to finance development projects in 2023/4 budget. The loan, which has a tenure of 3 [...]
Diamond Trust Bank and Kenya Bankers Association Collaborate to Empower SMEs with ESG Practices
In a strategic effort to drive sustainable business growth and promote responsible practices among micro, small, and medium enterprises (MSMEs), Diamond Trust Bank (DTB) partnered with the Kenya Bankers Association [...]Standard Chartered Q2 Global Outlook Advice to Investors
Standard Chartered Bank (SCB) has released the Half- Two Global Market Outlook report dubbed ‘Keep CALM and carry on’ to guide investors on their next move. The report states unique [...]Absa Kenya Introduces ‘Buy Now Pay Later’ Product
Absa Bank Kenya has unveiled its Buy Now Pay Later (BNPL) offering saying this option will help its customers better manage their expenses. The offering is a self-service payment option [...]ICIFA Launches College for Investment and Finance Professionals
The Institute of Certified Investment and Financial Analysts (icifa) has launched a College to provide professional investment and finance education. The College targets students and practitioners who wish to attain [...]CBK Raises Key Benchmark Rate to 10.50%
The Central Bank of Kenya (CBK), through its top policy-making organ-the Monetary Policy Committee (MPC), has revised upwards the benchmark base lending rate from 9.50% to 10.50%. This monetary tightening [...]Bankers Re-elect Gachora as Chair of Advocacy Governing Council
NCBA Bank Group Managing Director John Gachora has been re-elected as the chair of Kenya Bankers Association (KBA) advocacy group governing council. During KBA’s 61stAnnual General Meeting, the bankers also [...]CBK Seeks KSh 15B in June T-Bonds Tap Sale
The Central Bank of Kenya (CBK) has floated a KSh 15 billion fixed coupon Treasury Bond whose tap sale began on 20th June 2023 and ends on Friday 23rd June [...]Kenyans with Records at CRBs Reach 25 Million in 2022
Kenyans that have their credit data visible within Credit Reference Bureaus(CRBs) rose to 25 million in 2022, made up of 19 million active records while the 6 million individuals are [...]Challenges Ahead as Kamau Thugge Takes Over At CBK
One of the first items that the new Central Bank of Kenya(CBK) Governor Dr Kamau Thugge will have to confront as he takes over his corner office, located on Haile [...]
