[ad_1] The Central Bank of Kenya (CBK) has transferred KSh 5.5 Billion to the Government’s Consolidated Fund as a distribution from CBK’s General Reserve Fund (GRF)....
[ad_1] Fitch Ratings has assigned Kenya’s NCBA Group Plc with Long-Term Issuer Default Ratings (IDR) of ‘B+ and a Negative Rating Outlook. With the NCBA Bank...
[ad_1] The Central Bank of Kenya(CBK) is expected to hold the key policy rate when the Monetary Policy Committee(MPC) holds its meeting on Tuesday, 28th September...
[ad_1] Stock Market In the Global stock markets, Wallstreet closed in the green on Friday reversing some of the earlier losses following a volatile trading week. Most concerns revolved around...
[ad_1] China’s central bank has banned all financial transactions involving cryptocurrencies, declaring all of them, including bitcoin, illegal. The notice bans all related financial activities involving...
[ad_1] South Africa’s retail giant, Shoprite, has posted a $10.27 million gain from the sale of its assets in Uganda, Madagascar and Nigeria, after it classified...
[ad_1] The weekly Mombasa Tea Auction held on 20th and 22nd September 2021 had 8.1 million kilograms of tea offered for sale. The amount on offer decreased from...
[ad_1] Athi River Mining Company is to wind up its operations on 30th September 2021, bring an end to more than two years when the cement...
[ad_1] Kenya and Ethiopia have sealed a pact that will see the establishment of a free trade area that will facilitate easier cross-border trade. The Moyale...
[ad_1] CBK has said 96% of transactions happen outside the bank branches in Kenya from 91% before the COVID-19 pandemic struck. This disclosure was made by...