Central Bank of Kenya Implements New Interest Rate Corridor to Address Interbank Liquidity Challenges
The Central Bank of Kenya has taken steps to address interbank liquidity challenges linked to interbank lending. The CBK introduced...
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Stanbic Bank Kenya Implements Risk-Based Pricing, Sets Highest Interest Rate at 19 Percent
Stanbic Bank Kenya has begun implementing a risk-based pricing strategy following approval from the Central Bank of Kenya in December....
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Kenyan Logistics Startup Sendy Shuts Down Operations and Initiates Asset Sale
Kenyan logistics startup Sendy has announced the closure of its operations and the commencement of an asset sale. The decision...
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Kenya and Mozambique Ink 8 Cooperative Agreements to Strengthen Economic Ties
In a significant move to bolster economic ties and foster mutual development, Kenya and Mozambique have sealed eight cooperative agreements,...
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The Government Eases Domestic Borrowing to Lower Interest Rates
The government of Kenya has trimmed its domestic borrowing goal by Kshs 270.5 bn as it moves a significant portion...
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Tax Appeal Tribunal Dismisses Naivas Appeal Against the Payment of Kshs 1.8 Billion Corporate Tax
The Tax Appeals Tribunal (TAT) has dismissed an appeal by Naivas Kenya Limited (NKL) against the payment of corporate tax...
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CBK Should Consider Implementing an Interest Rate Corridor
The Central Bank of Kenya (CBK) had in 2012 planned to introduce an interest rate corridor to help ensure that...
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Britam to Offer a Mobile-based Solution for Low-Income Earners in Collaboration with Airtel and Inclusivity Solutions
Britam, an insurance company, has joined forces with Airtel and Inclusivity Solutions, a digital insurer, in a strategic alliance. This...
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Safaricom Ethiopia Grapples with Network Shutdown Amid State of Emergency by the Federal Government in Ethiopia
Safaricom Ethiopia is facing operational setbacks as it grapples with the shutdown of its sites in the Amhara region, the...
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KWS Proposes National Park Fee Increase in Recent Announcement
In a move aimed at bolstering conservation efforts and maintaining the pristine beauty of Kenya's national parks, the Kenya Wildlife...
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