According to data from the CBK, the total amount of money circulating in the economy dropped by half, marking a significant downturn in Kenya's financ...

China received more in debt payments than multilateral lenders, including the World Bank and the African Development Bank.

Directline had written to the IRA listing the directors including SK Macharia's wife as a shareholder.

Principal repayments exceeded Sh500 billion in the past year alone, highlighting Kenya's growing debt burden.

Even though Africa contributes little to global emissions, it is already facing severe effects of climate change, like more droughts, floods, and risi...

Dubbed ‘Operation Serengeti,’ the operation focused on dismantling criminal networks exploiting banking systems and engaging in fraudulent activities.

The agreement hinged on ensuring credibility in the system so it can reliably lead to reductions in greenhouse gas emissions driving climate change.

The Bill proposes the removal of definitions such as digital channel, digital credit, digital credit business, and digital credit provider from the Ce...

The COP29 talks begin on November 11, 2024, in Baku, Azerbaijan.

Experts argue that the venture is often appealing because it typically comes with lower or no interest rates compared to formal loans from banks.

The move brings to 85 the total number of licensed digital credit providers in the country.

The update, which delves into the bottlenecks currently impeding the growth prospects of the market, says the projected extended timelines are due to...

Gross loans decreased by 1.0 per cent from Sh4.1 trillion in March 2024, to Sh4.04 trillion in June 2024. 

"Maybe it was my style of leadership and I will take the same style to Environment. I had the same style in Parliament," Duale affirmed.

The firm reduced the county's rating one level down from B3 to Caa1, reflecting a significantly diminished capacity to implement revenue-based fiscal...

CBK said the move will intensify competition in the lucrative digital credit industry, providing more options for Kenyans seeking digital loans.

Ruto highlighted that the frequency of extreme weather events continuously diminishes the resources available for public investment and the provision...

The Data Protection Commissioner, Immaculate Kassait, noted a drastic decline in complaints against financial service providers since the introduction...

This move positions Somalia on a path towards financial stability and economic revitalization.

The CBK received over 480 applications for licensing as firms rushed to comply with the Act.