Kenya’s diplomatic missions abroad have been hit hard by the ongoing depreciation of the Kenyan shilling, losing KSh 3.26 billion ...
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Hosted on MSNList of 9 Kenyan banks that've lowered loan fees after CBK cut rate to 10.75% in February 2025CEO Raimond Molenje welcomed the move by lenders to reduce loan fees, explaining that it's part of the commitment to economic ...
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Hosted on MSNKenyans abroad send home KSh 55.2b in remittances as CBK forex reserves grow on strong shillingCentral Bank of Kenya (CBK) registered an increase in foreign currency reserves at $9.4 billion (KSh 1.2 trillion), ...
The Kenyan shilling slipped marginally against the U.S. dollar on Friday, data from the London Stock Exchange Group showed.
Former Kiambu County Governor Ferdinand Waititu was sentenced on Thursday, February 8, 2025, to 12 years in prison for ...
The Central Bank of Kenya (CBK) was awarded for the new banknotes released in August 2024 at the High Security Printing – ...
Equity Bank, the largest lender in Kenya by customer numbers, has announced a substantial reduction in interest rates, ...
The Kenyan shilling strengthened slightly against the U.S. dollar on Wednesday, supported by foreign exchange inflows from ...
According to the firm, the Kenyan shilling gained 22% against the US dollar in the year ending December 2024, which moderated the country's debt servicing. "Kenya's external liquidity pressures have ...
The company made the announcement on Friday, attributing the immense financial gain to increased electricity sales, lower cost of sales and reduced finance costs driven by the stability of the Kenya ...
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