Credit Information Sharing Code to Protect Borrowers
Credit Information Sharing Association of Kenya (CIS Kenya) has launched the draft credit information sharing code of conduct. The proposed draft invites the public for comments by 30 June 2020. [...]
Reprieve For Pensioners as Parliament Adopts Finance Bill
Kenya’s national assembly has adopted proposed amendment to the finance bill 2020. The House has adopted the Report of the committee of the Whole house thus the bill has been [...]Harambee SACCO Launches ATM Cards
Harambee Savings and Credit Co-operative Society(SACCO) has launched a VISA branded Debit Card in collaboration with Co-operative Bank of Kenya. Members of the SACCO can now apply for and instantly [...]
Kenya to Lift Tariffs on US Items Under FTA
Kenya will gradually remove tariffs on U.S. products as part of its objectives in the Free Trade Agreement. This move will help protect the country's key economic sectors as Kenya [...]
NSE Turnover up 186% to KSh 1.1 Billion
At the end of Wednesday’s trading session on the Nairobi Securities Exchange (NSE), a total of 65,174,300 shares in 1,341 deals, corresponding to a market value of KSh 1,136,027,313.00, were [...]Kenya Railways Slashes SGR Tariffs
Kenya Railways has slashed the Standard Gauge Railway (SGR) cargo tariffs, a move that seeks to woo cargo importers as well as make the Naivasha dry port economically viable. Kenya [...]CBK Maintains Free Mobile Money Bank Transfers
The Central Bank of Kenya ( CBK) has determined that the mobile wallet and transaction limits that were announced on March 16th, 2020 will remain in force. This means that [...]Diaspora Remittances Horticulture Exports Support Kenya Shilling
The Kenyan Shilling has continued to hold firm due to inflows from horticulture exports and diaspora remittances supplying end month dollar demand from manufacturers and some multinational companies. The Central [...]Kenyan Gov't Waives Airline Landing Fees
The Kenyan government has waived airline landing fees, a move that seeks to support the aviation industry. The sector hopes to bounce back from the coronavirus shock in the coming [...]Absa Kenya Appoints Charles Njenga as Non-Executive Director
Absa Bank Kenya has appointed Charles Njenga Murito as an independent non-executive director with effect from 24th June 2020. Charles is the Government Affairs and Public Policy Director for Sub-Saharan [...]
KQ to Resume Domestic International Flights by 14th July
Kenya Airways (KQ) has announced plans to resume domestic flights by 8th July and international flights by 14th July 2020. The national carrier plans to commence local and regional flight [...]Kenya Data Commissioner Recruitment on Course
Kenya data commissioner recruitment is on course in line with the requirements of the Data Protection Act, 2019. The Public Service Commission has published the names of ten candidates scheduled [...]
