Tag: CBK
Treasury imposes hiring and cash limitations in expenditures
As part of a broad range of steps to combat the wastage of public funds…
Kevin Marube
June 29, 2023
Pain for borrowers as key lending rate is raised
It will be Pain for borrowers as key lending rate is raised highest in seven…
Kevin Marube
June 27, 2023
Shilling to fall to150 against dollar next June
According to a recent Treasury report, the nation would spend Ksh301,513,774,986 in total to purchase…
Kevin Marube
June 22, 2023
Kenyans abroad avoiding banks
According to the World Bank, the reduced exchange rate and cash transfer fees in the…
Kevin Marube
June 8, 2023
CBK approves Faraja lending product.
After nearly a year of waiting for regulatory approval, the Faraja product will be released…
Kevin Marube
June 7, 2023
Rwanda top profit earner for Kenyan banks
Rwanda contributed the highest volume of profit earnings for Kenyan bank subsidiaries in East Africa…
Kevin Marube
May 21, 2023
Four counties hold 55% of all bank branches in Kenya
Four counties account for more than half of all the bank branches in Kenya, revealing…
Kevin Marube
May 18, 2023
The shrinking shilling: What we must do to save the Hustlers economy
A memorable insight into the link between the power of economic policy and leadership came…
Milton Kurunzi
February 13, 2023
How Nigerian techies wired Sh276bn without CBK nod
As the world toasted Nigeria’s Olugbenga Agboola as Africa’s freshly minted tech billionaire, Kenyan authorities…
Milton Kurunzi
February 3, 2023
Bank dollar market rate hits record Sh134 on high demand
Retail dollar buyers are paying up to Sh134 per unit in Kenyan banking halls as the demand for the…
Milton Kurunzi
January 20, 2023