Kenya Revenue Authority(KRA), dismissed 19 of its workers in the second quarter ending December 2024. This…
Category: Business
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Britam Pays Limuru Country Club Ksh.71 million Insurance Claim
Britam General Insurance has settled a KES 71,143,016 compensation claim for Limuru Country Club following the…
Safaricom Warns Users to Beware of These Scamming Tricks
Kenya’s leading Telecommunication company, Safaricom, has issued warning to its users to stay alert of scamming…
Kenya’s Largest Bank Group, KCB Complies to CBK to Cut Lending Rates
Kenya’s largest lender with $10.8 billion in assets, KCB Bank Group, has complied to CBK directive…
CBK Issues New Directives to 24 Banks
The Central Bank of Kenya (CBK) has issued a new directive 24 banks, ordering them to…
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…
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…
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…
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…
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…