Business

XTransfer Partners With Ecobank to Transform Africa-China SME Trade Payments

Ecobanks national Incorporated Group has joined forces with XTransfer to make international trade easier for African small and medium businesses…

1 year ago

Banks That Can’t Cut Lending Costs to Face Penalty by CBK

The Central Bank of Kenya (CBK) has taken route to implement aggressive measures that would see banks cutting lending rates…

1 year ago

How Two Kenyan Banks Lost Sh36.6M To Insider Fraud Schemes

Two Kenyan banks reportedly lost a combined Sh36.64 million in separate insider fraud incidents, realized after an internal audit uncovered…

1 year ago

Treasury & CBK Disagree Over New Bond Trading Platform EABX

Kenya's Treasury and the Central Bank of Kenya (CBK) disagree over the newly established bond trading platform, the East African…

1 year ago

CBL Group Partners with Expolanka to Set Up Regional Snack Distribution Hub in Kenya

Sri Lankan food giant, CBL Group, has announced a strategic partnership with global logistics firm Expolanka Freight Limited, and local…

1 year ago

Airtel Money Gains Ground in Kenya’s Mobile Money Market

Airtel Money has expanded its market share in Kenya to 7.6% in the quarter ending September 2024, up from 6.6%…

1 year ago

Kenya’s Mobile Money Hits New Milestone

Kenya's mobile money ecosystem has recorded a new milestone with registered accounts hitting 80.82 million in October 2024, rising from…

1 year ago

Thrills, Triumphs, and Partnerships Shine at the 2025 January Mug Golf Tournament

Nairobi, January 27, 2025 – The Liberty Kenya sponsored January Mug golf event brought together over 100 golfers at the…

1 year ago

CBK Reopens 2 Infrastructure Bonds to Raise Ksh.7O Billion

The Central Bank of Kenya (CBK) seeks to raise Ksh70 billion to fund infrastructure projects in FY 2024/2025, by reopening…

1 year ago

KCB Commits Ksh.80 Million on EA Golf Tour Championship

Kenya Commercial Bank (KCB), on Thursday January 23, launched East Africa Golf Tour, Committing Ksh.80 Million to Support the Annual…

1 year ago