Finance

January 28, 2022
Kenya Shilling now 0.4 units shy to hit 114 level against dollar as oil price dips
The Kenyan Shilling has remained unstable against the US Dollar in the recent past, signaling economic headwinds amidst the ravaging…
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January 24, 2022
Girlfriends nearly overtaking wives in receiving cash from abroad
A new survey by the Central Bank of Kenya (CBK) on diaspora remittance now indicates that men are sending cash…
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January 21, 2022
Bitcoin market value slumps to a five-month low
The value of Bitcoin fell to the lowest level in more than five months since August last year on the…
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January 20, 2022
MSEA calls on Treasury to release fund to ease access to finance
The Micro and Small Enterprises Authority has called upon the government to support the activation of the MSE fund regulations…
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January 19, 2022
Equity Bank rolls out Till Number for multiple transactions
Equity Bank has rolled out one equity till number platform for integrated digital payments. The newly introduced centralized digital payment…
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January 18, 2022
China’s central bank cuts rates on medium-term loans
China’s central bank on Monday cut the interest rates of its medium-term lending facility (MLF) loans and reverse repos by…
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January 17, 2022
T-Bills remained oversubscribed past week on eased liquidity
T-bills were oversubscribed, with the overall subscription rate coming in at 156.4 percent, up from the 96.6 percent recorded the…
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January 11, 2022
Nigeria offers to settle Shelter Afrique’s Ksh.3.2 billion capital areas
Nigeria has pledged to pay the full capital arrear of Ksh.3.2 billion in Shelter Afrique, Nigeria’s Finance Minister Dr. Zainab…
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January 11, 2022
Kenyans moved over Ksh.6 trillion via phones in 11 months to November 2021
Kenyans made mobile money transactions totaling Ksh.6.24 trillion between January to November 2021, the Central Bank of Kenya has revealed…
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January 6, 2022
Equity Bank, IFC sign Ksh.18.6 billion deal for SME financing
The International Finance Corporation, a member of the World Bank has lent Ksh18.6 billion to the Kenyan banking subsidiary of…
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