Finance
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Ruto appoints Shadrack Mose as Solicitor General – Who is he?
President William Ruto has appointed Shadrack Mose as Solicitor General. Mose is a practicing advocate of the High Court with…
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Kenya’s digital lenders umbrella rebrands to new outfit as loan disbursed hit Ksh.500 billion
Loans disbursed through digital mobile lenders in Kenya hit Ksh.500 billion mark in eight years to 2023, with nearly four…
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Why corporate owners in Africa are turning to private debt than equities
From small to larger ones, companies in Africa are still grappling with access to credit, more so from domestic banks.…
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Susan Koech approved CBK’s second Deputy Governor
Susan Koech has been approved as the second Deputy Governor of the Central Bank of Kenya (CBK). Koech, alongside Sheila…
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KCB Group sets up special team to collect Ksh.120 billion in bad loans
KCB Group chief executive Paul Russo has initiated a restructuring of the business to accelerate bad loans recovery and improve…
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CBK Governor’s 8-year term nears end; a look at robust Dr. Njoroge
The Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge’s term is almost running total, following a robust constructive eight-year…
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Court sides with ex-Betika employee in Ksh.12.5 million compensation case
Labour Court has sided with former Betika employee Fred Gitonga in a terminal dues case following his dismissal in August…
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Electronic Management System, an enhanced tax invoice solution for Kenyans
The Kenya Revenue Authority (KRA) launched the Tax Invoice Management System (TIMS) on July 13, 2021 with an expectation that…
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Egypt-based CIB completes 100% acquisition of MBL
The Commercial International Bank (Egypt) S.A.E. (CIB) has acquired an additional 49 percent of the shareholding of Mayfair CIB Bank…
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M-Kop, Tala among 12 digital lenders okayed by CBK to operate in Kenya
The Central Bank of Kenya has okayed a further 12 Digital Credit Providers (DCPs) to operate in Kenya through the…
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