A recent decision by the Comesa Competition Commission (CCC) could transform how ordinary Africans recover funds…
Category: Business
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CBK Extends Loan Pricing Deadline for Banks by Six Months
The Central Bank of Kenya (CBK) has granted commercial lenders additional time to transition to a…
Electronic Government Procurement Rollout Slows Spending but Promises Cleaner Deals
Kenya’s transition to a fully digital procurement platform has slowed down government spending, but officials say…
Safaricom Targets Bigger GDP Share as It Bets on Micro Business Growth
Safaricom is seeking to expand its role in Kenya’s economy by focusing on the smallest of…
Kenya’s Banking Sector Shrinks for First Time in 22 Years as Bad Loans Surge
Kenya’s commercial banks posted their first asset contraction in over two decades in 2024, hit by…
Kenya Re Half-Year Profits Jump 50% to Sh1.5 Billion on Lower Forex Losses
Kenya Reinsurance Corporation (Kenya Re) has posted a strong rebound in earnings for the first half…
CBK Unveils Revised Credit Pricing Model to Enhance Transparency in Lending
The Central Bank of Kenya (CBK) has announced the introduction of a revised Risk-Based Credit Pricing…
Kenya Loses 400 Dollar Millionaires but Retains Top 5 Spot in Africa
Kenya has lost 400 dollar millionaires in the past year, with the number of individuals worth…
Treasury Puts Public at the Centre as 2026/27 Budget Process Kicks Off
The National Treasury and Economic Planning has officially launched the preparation process for Kenya’s Financial Year…
TSC Advertises ICT Internship Positions
The Teachers Service Commission (TSC) has advertised internship opportunities for qualified youth in Information Communication Technology…