Kenya’s Commercial Banks’ Average Lending, Deposit Rates Continue Downward Trend
Kenya’s commercial bank’s average rates have continued their downward trend, mirroring the the Central Bank of Kenya’s (CBK) recent monetary…
Category: Finance
CBK Launches Survey to Upgrade Credit Cost Portal Amid Lending Rate Reforms
The Central Bank of Kenya (CBK), in collaboration with the Kenya Bankers Association (KBA), has launched a nationwide customer experience…
Olympia Capital Posts KSh 17.6M Profit in FY2025, Boosted by Asset Revaluation
Olympia Capital Holdings Ltd has reported a net profit of KSh 17.6 million for the financial year ended 28 February…
President Ruto Enacts Finance Bill 2025 and Two Others
President William Ruto has officially signed the Finance Bill 2025, with the new law largely keeping to the promise of…
EAC Tables US$ 109.3 Million Budget for FY 2025/2026
The East African Community (EAC) has presented a US$ 109.3 million budget proposal for the 2025/2026 Financial Year to the…
Setback for Nairobi’s Kyuna Estate Residents Opposed to School Project
High Court ruling deals blow to homeowners resisting development plans in upscale neighborhood Residents of the affluent Kyuna estate in…
CAK Probes Digital Lenders Over High Fees, Opaque Loan Terms
Crackdown aims to protect consumers from exploitation in Kenya’s fast-growing digital lending sector The Competition Authority of Kenya (CAK) has…
Kenya on the Spot Over Missed Tobacco Taxation Targets
Country falls short of WHO guidelines, missing key opportunity to curb smoking and strengthen public health financing Kenya is facing…
Cyprus Deepens Relations with Kenya with Opening of New Embassy in Nairobi
Cyprus Deepens Relations with Kenya with Opening of New Embassy in Nairobi News/ Tue, 07/08/2025 – 15:35 Cyprus has officially inaugurated…
GOVERNMENT INVESTS IN BLUE ECONOMY TO UNLOCK ECONOMIC POTENTIAL IN NYANZA AND COAST REGIONS
May 30, 2025 The government is investing in the blue economy to unlock immense immense potential in the Lake Victoria…