were to inform the approval of the deal by the Central Bank of Kenya (CBK). The delay in closing the deal, which will be valued at 1.25 times the book value, has seen KCB devise "plan B" should ...

Kenya's foreign exchange reserves have surged by KSh 11b, providing a significant boost to the strength of the shilling. This will help manage external shocks.

The former owners of Fidelity told court there was fraud, misrepresentation and coercion by the Central Bank of Kenya (CBK) –the second defendant in the case— when they signed the deal to sell ...

Prices have been rising quickly across the Russian economy for months, pushed up by massive government spending on the ...

Countries such as Ghana and Kenya have undertaken similar revisions in recent years ... With a lower inflation rate, the Central Bank of Nigeria (CBN) may reconsider its aggressive tightening stance, ...

This money has been deposited into the Unclaimed Assets Trust Fund Account at the Central Bank of Kenya. UFAA acting CEO Caroline Chirchir revealed this while appearing before the Senate Finance ...

Over 200,000 formal and informal jobs, directly supporting over 1 million livelihoods <li /> $650 per month on ...

Sources revealed that the county, failed on its 2023-2024 budget commitment to kit FLLoCA account at Central Bank of Kenya (CBK) with Sh109 million but instead raided the fund with pay-outs ...

Data from the Central Bank of Kenya (CBK) showed the shilling traded at KSh 129.45 per US dollar on Thursday, February 20, 2025 National Treasury Principal Secretary Chris Kiptoo said the shilling ...

SBM Bank Kenya has officially launched three SME business hubs in Nairobi’s Central Business District (CBD), Kilimani, and Karen as part of its strategy to enhance financial and non-financial support ...

The Central Bank of Kenya (CBK) has reopened bids for the FXD1/2018/25 Treasury bond, seeking to raise KSh 25 billion in domestic debt The bond carries a fixed coupon rate of 13.4% and has a remaining ...