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Kenyas Economic Growth Plateaus at 4% Amid Global Uncertainty

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Kenya's economic growth experienced a deceleration, registering at four percent in the third quarter of 2024, even with diminishing inflationary pressures and a strengthened...

New Law Puts an End to Harassment of Borrowers

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It is now prohibited for microfinance companies to engage in harassment of borrowers following the implementation of a new law. The Business Laws (Amendment) Bill,...

Trading Resumes for Kenya Airways Shares on Nairobi Securities Exchange

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The Nairobi Securities Exchange has announced the lifting of the suspension on trading shares of Kenya Airways (KQNA.NR), as stated on Monday. According to the...

How to avoid becoming broke this festive season

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The festive season in December brings a spirit of joy, celebration, and unity. Nevertheless, it can also lead to financial strain if not approached with...

CBK lowers lending rates to 11.25%

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The Central Bank of Kenya (CBK) has further decreased the benchmark lending rate by 75 basis points, bringing it down to 11.25 percent, which...

Major Milestone: Tanzanian Firm Given Green Light to Acquire Bamburi Cement

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Tanzanian manufacturing and energy powerhouse Amsons Group has received approval from Kenya’s mining ministry to proceed with the unconditional acquisition of Bamburi Cement. Through its...

Equity Bank CEO James Mwangi appointed to World Bank’s council on jobs

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Equity Bank Holdings CEO James Mwangi has been selected to join a World Bank advisory council focused on Jobs, which aims to recommend practical...

Ahmed Farah appointed as the new CEO of KNCCI

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The board of directors of the Kenya National Chamber of Commerce and Industry (KNCCI) has officially appointed Ahmed Farah as the new Chief Executive...

Report: Kenyans Turn to Digital Loans to Manage Daily Expenses Amid Rising Living Costs

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Recent data from the Central Bank of Kenya (CBK) shows a significant rise in personal loans and digital lending. The CBK reports that more...

David Kemei has been appointed as the Director-General of CAK.

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The Competition Authority of Kenya (CAK) has declared the appointment of David Kemei as its new Director-General, a position he will officially assume on...
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