Business

Kenya’s New Device Licensing Rules Puts Small Companies in Jeopardy

The new device licensing in Kenya now puts the existence of small companies in the phone and vehicle tracker industry…

1 year ago

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…

2 years 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…

2 years 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…

2 years 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…

2 years 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…

2 years 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%…

2 years 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…

2 years 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…

2 years 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…

2 years ago