Nairobi, June 29 -- The newly appointed Gambling Regulatory Authority director-general, Peter Maina Karimi, is fighting two court cases seeking to overturn his appointment over claims he lacked the re... Read More
Nairobi, June 29 -- Rising interest rates on Treasury bills and other short-term debt instruments have helped lift returns offered by money market funds (MMFs), which invest primarily in commercial ba... Read More
Nairobi, June 29 -- I&M Bank has poached its larger rival Absa Bank Kenya's chief executive Abdi Mohamed, underscoring the ambitions of the smaller lender that has been expanding aggressively in recen... Read More
Nairobi, June 29 -- Loans issued by savings and credit co-operative societies (saccos) to help households pay for medical expenses are now the fastest-growing credit segment for the sector, underscori... Read More
Nairobi, June 28 -- This week, the public witnessed a rare display of humility as the usually combative Cabinet Secretary (CS) Aden Duale stood before the High Court and apologised for defying a court... Read More
Nairobi, June 28 -- Kenya's imports of information and communication technology (ICT) equipment surged to a record Sh12.45 billion in April, signalling an acceleration in investments in data centres, ... Read More
Nairobi, June 28 -- The Central Bank of Kenya (CBK) is seeking to raise Sh80 billion from the sale of four bonds in July including a partial switch of a security maturing on November 9, 2026. The gov... Read More
Nairobi, June 28 -- The budget-making process for the 2026-27 financial year has ended. Once again, as in previous years, proposals aimed at aligning the tax treatment of savings and credit cooperativ... Read More
Nairobi, June 28 -- The Covid-19 pandemic exposed the fragility of healthcare systems worldwide. The World Health Organization joint statement on health, found that 66 percent of countries reported he... Read More
Nairobi, June 28 -- Kenya lost an estimated Sh187.8 billion due to floods in just six months in 2023 and 2024, exposing the mounting financial burden of climate disasters that has prompted the governm... Read More