Corporate
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HELB interest rate on loans unconstitutional, High Court rules
The Higher Education Loans Board (HELB) loan interest rated have been ruled unconstitutional by the high court, pitting the lender…
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Elon Musk sells Tesla shares worth Ksh.834.4 billion
Elon Musk has sold nearly Ksh.834.4 billion ($7 billion) worth of Tesla shares, according to legal filings published Tuesday, amid…
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CBK grants Virtual Pay operation license for financial services in Kenya
Virtual Pay Internaltion has been granted an operation license to offer financial services in Kenya. The license from the Central…
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Copia ventures into sugar, rice processing in Kenya
Copia Global, an e-commerce platform says it will start processing both sugar and rice in Kenya in a bid to…
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Kenya Re half year profit up 56% to Ksh.1.9 billion
Kenya Reinsurance Corporation Limited half year profit grew by 56 percent to Ksh.1.19 billion compared to Ksh.760 billion in the…
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NBK inks Ksh.1.1 billion deal with WaterEquity for SME financing
National Bank of Kenya (NBK) has inked a Ksh.1.1 billion deal with global asset manager WaterEquity to enhance financing to…
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CBK warns financial institutions over growing money fraud within self
Kenyans are at high risk of losing money through banking fraud owing to mobile banking that has grown from a…
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Sanlam slashes half year loss to Ksh228 million
Sanlam Kenya has slashed its half year loss to Ksh.287.7 million from Ksh.291.9 million same time in 2021. The moderate…
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How to bypass NTSA services while facing access challenges
The National Transport and Safety Authority (NTSA) website has been experiencing errors for days after the authrity unveiled a vehicle…
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CBK okays Egyptian bank Banque Misr S.A.E. to set up branch in Kenya
The Central Bank of Kenya (CBK) okayed Egyptian bank Banque Misr S.A.E. to establish a representative office in Kenya. The…
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