The Central Bank of Kenya has released a prospectus for the reopened Treasury bond, aiming to raise KSh 25 billion with a ...

Expenditure on food import in 2023 surpassed that for machinery as traders turned to foreign markets to bridge the deficit in stocks following poor harvests the year before because of a prolonged ...

This week, the Kenyan shilling remained stable against the US dollar amid steady market demand. However, Kenya’s forex ...

The shilling weakened to a two-and-a-half-month low of Sh129.58 against the dollar on Friday as per the official exchange ...

Uganda controls 68 per cent of the market, followed by Rwanda with 16.4 per cent and Kenya with 15.4 per cent of the ...

Protection of borrowers from predatory lending practices. In Kenya, commercial banks have been known to charge exorbitant ...

National Treasury Principal Secretary Chris Kiptoo said the shilling could continue to grow in strength if the Central Bank ...

Banks have over the last week been falling over themselves to reduce their lending rates but only after the CBK threatened to ...

CEO Raimond Molenje welcomed the move by lenders to reduce loan fees, explaining that it's part of the commitment to economic ...

Declining interest rates have raised hopes for improved access to credit, though challenges in securing affordable financing ...