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 ...
Business Daily on MSN
Saudi remittances fall over permit rules
Kenya’s remittance inflows from Saudi Arabia have collapsed by more than half following the Gulf nation’s rollout of a skills-based foreign worker permit system that has disrupted earnings and cash ...
The Central Bank of Kenya has reopened two treasury bonds for May 2026, offering KSh 50 billion. Invest for returns up to 13.444% with bids due 20 May 2026.
President William Ruto’s administration wants to impose a new 16% value-added tax on services by payment platforms.
The Central Bank of Kuwait has instructed the automated banking services company “KNet” to implement a penalty system for ...
Criminals are increasingly deploying artificial intelligence and social engineering to manipulate users into authorizing payments, a new report by Visa has revealed.The Visa Mid-year 2026 Biannual ...
CBK Governor Dr. Kamau Thugge before the National Assembly's Committee on Finance and National Planning in regards to the implementation of Central Bank Rate (CBR) at Bunge Towers, Parliament, Nairobi ...
Action Energy Company is expanding its fleet of drilling rigs The Kuwaiti drilling and oilfield services provider Action ...
Opinion
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MUKUURA: Kenya’s remittance boom being held back by outdated licensing process
In 2024, remittances from the Kenyan diaspora reached approximately $4.95 billion (Sh638 billion), making them one of the country’s largest sources of foreign exchange, ahead of traditional sectors ...
The following real estate transactions were recorded in the Luzerne County Office of the Recorder of Deeds from May 11 to May 15: ...
The MPs fear that the proposed Sh4.82 trillion Budget for the 2026/27 financial year may be unsustainable due to rising fuel prices and uncertainty over the escalating military conflict. Members of ...
Members of Parliament have called for a reality check on the government’s proposed Sh4.82 trillion budget for the fiscal year 2026/27, warning that the current uncertainty in the Middle East and ...
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