The Central Bank of Kenya (CBK) has announced the return of charges on transactions between mobile money and bank accounts starting January 1, 2023. The charges were suspended on March 16, 2020, three ...

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The Central Bank of Kenya (CBK) has reopened bids for two fixed-coupon Treasury bonds, offering investors the opportunity to participate in government securities from a minimum investment of KSh ...

A significant decline in cost of credit in recent months has persuaded Central Bank of Kenya (CBK) to ease pressure on banks to lower lending rates. At its recent meeting, the Monetary Policy ...

Umba, a U.S.-based digital bank with a focus on emerging markets, has acquired a majority share of Daraja, a Kenyan deposit-taking microfinance bank, for an undisclosed amount. Kenya’s monetary ...

Banks expect the Central Bank of Kenya (CBK) to raise its benchmark rate for the first time since February 2024, in response to a spike in inflation and emerging currency pressures following the Iran ...

CBK had argued that the receivership of Imperial Bank and the moratorium declared had not expired as at December 8 2021 when it was placed under liquidation. The case involving businessman Ashok Doshi ...

Eleven prosecution witnesses testified, but the trial court acquitted him, finding insufficient evidence and that the criminal intent was lacking. The High Court has overturned a Sh5.1 million award ...