Markets
-
Investor confidence up on digital sector after CBK takeover
Investors have exhumed confidence in the digital sector in Kenya following a recent move to regulate the sector. According to…
Read More » -
CBK commences regulation of digital lenders
All digital lenders within the Kenyan market space will start being regulated effective December 23, 2021, the Central Bank of…
Read More » -
List of Kenyans who own TV, Radio stations
There are over 40 TV stations in Kenya many of which are owned by politicians and other powerful businesspeople in…
Read More » -
Wakanda completes 85% acquisition of Choice Microfinance Bank
Wakanda Network Limited (Wakanda) has successfully finalized the acquisition of an 85 percent shareholding of Choice Microfinance Bank Limited (Choice…
Read More » -
Why consumers now prefer product purchase in installments against cash first payment
Demand for Pay-As-You-Go financing for products in the East African Market is set to skyrocket in 2022 as more consumers…
Read More » -
Toyota Kenya launches Hiace assembly plant with 95% asset financing deal
Toyota Kenya has commissioned Hiace assembly line at the Associated Vehicle Assemblers Mombasa. In line with the Buy Kenya Build…
Read More » -
Forex reserves down by over Ksh.101 billion on shilling depreciation
Kenya’s foreign exchange (forex) reserves have dropped by a huge Ksh.101.16 billion in the last three months to December 9…
Read More » -
Stanbic, Caetano Kenya ink car financing deal for customers at 0% rate
Stanbic Bank and Caetano Kenya have signed a Vehicle Asset Financing partnership agreement that will see the bank offer customers…
Read More » -
Kenyan shilling now 0.08 units shy to hit 113 level against USD
The Kenyan Shilling slumped to a historic low against the US Dollar Tuesday, signaling tough times for Kenyans ahead of…
Read More » -
Treasury bags Ksh.37.8 billion from December bonds
In what is seen as this year’s last Treasury Bond (T-Bond) offer, the National Treasury managed to raise Ksh.37.8 billion.…
Read More »