CBK Seeks KSh 35 Billion in September Treasury Bonds Tap Sale
The Central Bank of Kenya is back to the market seeking KSh 35 Billion in a re-opened 2-year and 10-year Treasury Bond tap sale this September. According to the CBK [...]
Kenya Tightens Money Laundering, Terrorism Financing Rules
President William Ruto has signed the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2023 into law. The new law will help address deficiencies limiting the fight against [...]
Samasource Says Focus on AI Jobs Not Linked to Court Cases
Sama, a Global data annotation solutions firm has delinked the ongoing court cases touching on its business to its move from content moderation to computer vision and training data for [...]Kenyan Blockchain Association Challenges Legality of New Digital Asset Tax
The Blockchain Association of Kenya has submitted a petition challenging the legality of the Digital Asset Tax (DAT), set to go into effect on September 1, 2023. The DAT, introduced [...]Nkoregamba Mwebesa Steps Down As CEO of CDSC Kenya, Joins Liberty Life Assurance as CEO
The Central Depository Settlement Corporation Limited (CDSC), the primary provider of clearing and settlement services in the Kenya Capital Markets, has announced that Mr. Nkoregamba Mwebesa has stepped down [...]Hustler Fund Tops List Of Lenders to MSEs Survey
The Hustler Fund has emerged as the most preferred source of financing for Micro and Small Enterprises(MSEs). According to Finaccess MSE Tracker Survey, August 2023, besides the traditional sources of [...]CBK Accepts Bids Worth KSh 23.1 Billion At Weekly T-Bills Auction
Central Bank of Kenya(CBK) accepted bids worth KSh 23.1 Billion at this Thursday’s Treasury Bills Auction out of KSh 24 Billion on offer after the state fiscal agent received bids [...]Mary-Ann Musangi Exits Sidian Bank Board After 8 Years
Sidian Bank, a subsidiary of Centum Investment Company PLC has announced the exit of Mary-Ann Musangi from its board, Mary-Ann is also the CEO of Haco Industries. Mary Ann Musangi [...]Standard Chartered Scouts for Alternative Investment Options Amid Weak Shilling
The Standard Chartered Bank has partnered with European Asset Management Company, Amundi to offer global investment opportunities to its retail investors. The new partnership comes on the backdrop of a [...]Smartphone Global Shipments to fall 4.7% to 1.15 Billion Units in 2023
Smartphone shipments Worldwide are expected to decline by 4.7% in 2023 to 1.15 billion units, the lowest volume in a decade, according to the latest forecast announced by International Data [...]Insurance Firms in Kenya Sell Covers Worth KSh 312 Billion in 2022 Report
Insurance firms in Kenya underwrote premiums worth KSh 312 billion in 2022 up from KSh 275 billion in 2021, according to the latest data from the Association of Kenya Insurers [...]TotalEnergies Kenya HY 2023 Net Profit Up 3.4% to KSh 822.6M
TotalEnergies Marketing Kenya Plc recorded a half-year Net Profit of KSh 822.6 Million at the end of the six-month period ended 30th June 2023 compared to KSh 795.6 Million in [...]
