Digital Lending: A Sound Regulatory Framework Is in Everyone’s Interest
By Rose Muturi Financial Inclusion There is a significant amount of people in Kenya living without a documented financial history. Without that documentation, it has been nearly impossible for banks [...]
Restructuring laws offer a lifeline to financially distressed companies
The global financial crisis in 2008 led market regulators to introduce restructuring laws which enable struggling and debt-laden companies to recover from financial distress. Kenya adopted the Insolvency Act in [...]
Analysts stay bullish on Barclays’ new strategy
Analysts are holding an optimistic outlook on Barclay Bank of Kenya’s stock (NSE: BBK) following the bank’s strong performance in 2018 and a successful first-year execution of its new strategy. [...]Shelter Afrique invests KSh 200M in Kenya Mortgage Refinance Company
Housing development financier, Shelter Afrique has invested $2m (KSh 200m) in the Kenya Mortgage Refinance Company. The firm's Chief Executive Officer Andrew Chimphondah said this will support the development of [...]Embu County Lands a Deal to Export Agro-Produce Valued at Sh1.2 B
Embu County Government will now export agro-produce goods valued at Sh1.2 billion annually after it secured a deal with Habitat Intertrade company, which deals with farming and trading of horticultural [...]
Bulls Bears Whisky Forum Banking Edition
Kenyan Wallstreet is proud to bring you our 3rd Edition of the Bulls, Bears Whisky Forum.Kenya Bankers and Barclays Bank will be main Sponsors of the forum which will [...]UK pledges billions toward increasing trade ties with Kenya
The UK Government through its Foreign Secretary Jeremy Hunt has committed to funding several projects in Kenya. The decision is expected to result in more employment opportunities, improved trade ties, [...]CAK gives greenlight for Riara Schools acquisition by Actus
Kenya's competition authority has given the go-ahead for UK based Actus Holding to purchase 22 per cent ownership in Riara schools. The deal will give Actus Holding the right to [...]Toshiba opens new branch office in Kenya
Toshiba Corporation has announced the establishment of its new branch office in Nairobi, Kenya, under Toshiba Africa, the company’s main subsidiary based in South Africa. The branch office will start [...]Competition Authority approves Acquisition of water bottling firm Aquamist
The Competition Authority of Kenya has approved the proposed acquisition of bottle maker Aquaplast Limited by Aquapani Limited, a subsidiary of Menengai Group Limited. The proposed transaction involves the acquisition [...]Safaricom contributes 6.5% to Kenya’s GDP
Safaricom, the most profitable telecommunications company in East Africa added 6.5 percent to Kenya’s economy through direct and indirect means in the last financial year. The company posted a pre-tax [...]Nominees Announced for Annual SMEs Awards
SBizna Kenya has announced the nominees for the upcoming inaugural SMEs Awards with several businesses contending for top honours in various categories. The awards seek to recognise and celebrate small [...]
