Markets
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Airtel Kenya to Refund 100% of Transaction Fees as Airtime in Market Expansion Move
Airtel Money subscribers in Kenya will now enjoy a 100% refund on transaction fees as airtime when transferring money from…
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Safaricom Investors Dividend Hits Ksh.22 Billion in March Payout
Safaricom has maintained its interim dividend at Ksh.0.55 per share, translating to a total payout of Ksh.22.04 billion, despite a…
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CAK Cracks Down on Hidden Bank Charges, Demands Transparency
The Competition Authority of Kenya (CAK) is taking a firm stance against hidden bank charges, demanding greater transparency in lending…
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Metropol Hosts Banks, MFBs to Discuss Effective ECL Implementation for Better Loan Pricing
The financial sector is witnessing a significant shift in how banks and microfinance banks (MFBs) assess credit risk, driven by…
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Report Shows 75% of Kenyans Believe Economy Has Worsened
Recent findings from the Old Mutual Financial Services Monitor show that Kenyans are increasingly uncertain about the economy. Confidence has…
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CBK to Penalise Banks for Charging Kenyans High Interest Rates
The Central Bank of Kenya (CBK) has begun on-site inspections of commercial banks to ensure they comply with the Risk-Based…
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Government Explores IPO for Kenya Pipeline at NSE
The Kenyan government is considering listing the Kenya Pipeline Company (KPC) through an Initial Public Offering (IPO) on the Nairobi…
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CBK Cuts Benchmark Lending Rate to 10.75
The Central Bank of Kenya (CBK) cut its benchmark lending rate by 50 basis points to 10.75 percent on Wednesday,…
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How Kenya’s Treasury Bills, Bonds Market Performed in January 2025
Kenya’s fixed-income market witnessed mixed performance in January 2025, with T-bills remaining oversubscribed while bond uptake slowed compared to December…
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African Union Faults Moody’s Over Kenya’s Credit Rating Revision
The African Union’s African Peer Review Mechanism (APRM) has criticized Moody’s Investor Service for its latest revision of Kenya’s credit…
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