Fintech Startup Headed by Ex-British army seeks to unlock Kenya's informal sector
It can be difficult for a veteran to find the resources to launch a business, and even more complicated for a veteran to break into the niche domain of technology [...]
StanChart Kenya appoints Patrick Obath as the new Chairman
LISTEN TO ARTICLE Standard Chartered Bank, a top tier bank in Kenya, has appointed Eng. Patrick Obath to chair its board of directors. The appointment came into effect on 24th [...]
World Bank Approves $750 Million Loan For Kenya
The World Bank has announced its board has approved a $750 million credit line for the Kenyan Government. The bank said the facility will be channelled towards the Govt's “Big Four” [...]Treasury floats 4th M-Akiba bond
LISTEN TO ARTICLE The government is seeking to raise Ksh250 million through the issue of the forth M-Akiba bond since the mobile-based facility was launched in March 2017. The last [...]Barclays Posts 12% Profit Growth in Q1, Good Progress Made In Rebranding to ABSA
LISTEN TO ARTICLE Kenya's Barclays Bank profit before tax for the first quarter of 2019 hit KSh2.9 billion, a 12 per cent increase from KSh 2.6 billion recorded in the [...]Regulator approves Kenya's stock exchange to offer derivatives
LISTEN TO ARTICLE Kenya's Capital markets regulator said on Wednesday it has granted Nairobi Securities Exchange the first license to operate a derivatives markets. The license authorizes the exchange to [...]Credit Reference Bureau rules to be reviewed - CBK
LISTEN TO ARTICLE The Central Bank of Kenya will review rules on blacklisting by credit reference bureaus to make them more customer centric. The decision was made after numerous complaints [...]Kenya borrows KSh75 billion from World Bank
LISTEN TO ARTICLE Kenya's Treasury has reached out to the World Bank for a KSh75 billion loan to be used to support the budget as well as other development programs [...]Kenyan Small Scale Traders Plea To The Chinese; Please Leave Our Mitumba Businesses To Us
Dejected and deflated, Kennedy Waweru sits outside his clothing store at Gikomba Market, Kenya’s largest trading centre, located a few metres from Nairobi’s Central Business District. In the past year, [...]
Kenyan taxpayers to bear an extra KSh18 billion in pension payments to civil servants
LISTEN TO ARTICLE The total amount of pension payments to public servants is set to increase by 21 per cent in the next financial year. The growth is due to [...]Jambojet Gets License To Operate Additional Regional Destinations
The Kenya Civil Aviation Authority has granted Regional low-cost carrier, Jambojet a three-year license to operate in seven new African countries. The licenses allow Jambojet to fly to Addis Ababa (Ethiopia), Dar-es-Salaam, Zanzibar, [...]KRA shortlists 5 for the position of Commissioner General
LISTEN TO ARTICLE The search for the next Commissioner General of the Kenya Revenue Authority has begun with five of the 30 candidates shortlisted having gone through the tax collector's [...]
