Kenya extends free mobile money transactions for cashless payments
For that reason, the central bank has extended free mobile money transactions less than Sh1,000...
Tag : Central Bank of Kenya
KCB to acquire Imperial Bank under receivership
Five years ago, Imperial Bank was placed under receivership on the basis of inappropriate banking practice...
Unaitas Sacco approves Sh500 mn dividend pay out for members
The Sacco comprises more than 320,000 members in Kenya...
Kenya issues Sh50 bn bond to provide further support
Even the IMF approved $1.23 bn of emergency funding for Kenya and Uganda...
Kenyan banks outperform Nigerian counterparts
According to Moody’s report, technology helped Kenyan banks to be more efficient...
Kenya court clears case against National Bank acquisition
Two individuals Evans Aseto and John Kiptoo filed the petition on grounds of the legality of the deal...
Kenyan banks’ forex deposits stabilise at Sh577.9 bn as of June end
The central bank said that there was a slight decline of 0.2 percent in forex deposits during the period between April and May...
Why the Kenyan banking and finance sector is likely to see further regulations in 2019
From mobile transaction fraud to plain mismanagement, Kenya’s financial institutions face critical challenges...
Kenya rings in competition
From price wars, buy outs to intrigues over thin SIM technology. Has the telecom sector finally come of age? Amoxers Wachira October 6, 2014: Over the last few months , Kenya’s telecom sector has been buzzing with activity. From mobile network operators taking their price wars to court, to cut throat competition, which has prompted...