KCB Bank Stories
Rukwaro, through his lawyers, argues that on August 13, 2025, the bank's advocate gave an implied undertaking to the court that the apartment would no...
The new Memorandum of Understanding (MoU) aims to tackle the physical and digital infrastructure deficits that have long constrained trade and economi...
Yiwu, a county-level city in east China's Zhejiang Province, is a global hub for consumer goods manufacturing, known for offering products that combin...
In contrast, thousands of Kenyans continue leaving the country in search of employment and higher wages, particularly in the UK, the US, Canada, and S...
Agriculture, which employs more than 70 per cent of Ethiopia’s population, is expected to benefit directly from the project through better access to f...
The lender attributed the strong performance to operational excellence and prudent pricing strategies, achieved despite a challenging economic environ...
Structural slowdowns across investment, productivity, trade and labour force expansion are dragging the global economy toward its weakest potential gr...
The Kenya Bankers Association (KBA) linked the latest decline to challenging economic conditions and an unstable macroeconomic environment.
CBK said starting September 1, 2025, all new variable rate loans will be priced under the new framework, while existing variable rate loans will shift...
The dispute stemmed from a 2011 contract in which the county engaged Equity Bank to provide a smart card system for revenue collection at the Maasai M...
Treasury Cabinet Secretary John Mbadi said the government is seeking a cheaper facility to replace the existing loan and extend repayment terms.
Data from the Central Bank of Kenya (CBK) shows that these two sectors are the most confident about expanding staff numbers in 2025 compared to last y...
Kindiki said it showed that the country is beginning to overcome a decade of high interest rates that had weakened household incomes, slowed down priv...
Through the system, CBK will strengthen its ability to surveil the entire banking sector as transactions occur, covering RTGS, PesaLink, and mobile mo...
According to the WHO, postpartum haemorrhage (PPH) is a leading cause of maternal deaths worldwide, responsible for approximately 70,000 deaths annual...
The judge further ordered that an independent, court-approved valuer reassess the current market value of the contested Thika property, which had been...
Islamic finance is one of the fastest-growing segments of the global financial industry, with assets now surpassing USD 4.5 trillion, according to a r...
OCHA said the wider occupied Palestinian territory (OPT) would feel the effect, with 18 Palestinian Bedouin communities put at a higher risk of displa...
This means that businesses, suppliers, contractors and individuals who do not process their payments before the set deadline will have to wait until M...
Absa Bank Kenya Chief Finance Officer Yusuf Omari said Sultanah is built for the visionary business woman that wants to bank ethically while meeting t...
In Kenya, 49 per cent of mobile owners received at least one scam call or message during the year, often prompting them to share money or personal inf...
Spearheaded by Absa Bank, the new umbrella body seeks to close regulatory and operational gaps that have long slowed the sector’s growth.
East Africa accounted for 33 per cent of all allegations, or just about 19 cases, the highest among all regions, followed by West Africa at 29 per cen...
According to residents, the trench digging has disrupted businesses, restricted access to shops, and damaged sections of pedestrian walkways.
The announcement on shareholder returns follows an eight per cent year-on-year growth in net profits, rising from Sh29.9 billion in the previous corre...
In the period under review, gross loans issued by banks decreased by 2.7 per cent to Sh4.07 trillion from Sh4.18 trillion in 2023.
This marks the seventh consecutive rate cut from the historic peak of 13.0 per cent, as the regulator reaffirms its commitment to boosting economic ac...
Tala’s report reveals that 26 per cent of all borrowers accessed digital credit for the first time, with women making up most of this group.
The institutions breached 10 regulatory provisions, with most violations linked to lending more than 25 per cent of core capital to a single borrower....
The local currency began its recovery in early February last year, after plummeting to a historic low of 160 against the greenback.
