CBK Moves to Supervise Loan Guarantee Firms
The Central Bank of Kenya (CBK) has released draft regulations seeking to bring loan guarantee firms in Kenya under its direct supervision. The move comes...
Barclays Resumes Operations in Saudi Arabia After 10-Year Absence
Barclays Plc is re-entering Saudi Arabia after more than a decade, joining other global lenders expanding in one of the Middle East’s most active financial...
Here’s How the Credit Information Sharing Framework Actually Works in Kenya
Kenya’s Credit Information Sharing (CIS) framework, established in 2010 under the supervision of the Central Bank of Kenya (CBK), allows financial institutions to share borrowers’...
Veteran banker James Macharia takes over as Chairman of Sidian Bank
James Macharia, a veteran banker and former cabinet secretary, has taken over as Chairman of Sidian Bank in a revamp that has seen three new...
Here’s What You Can Now Do After FlexiPay and Wendi Wallet Joined Forces
A new era of mobile money convenience is unfolding in Uganda following the FlexiPay and Wendi Wallet collaboration between Stanbic Bank Uganda and PostBank Uganda...
How Blockchain Could Change Kenya’s Banking Systems
M-Pesa moves nearly 60% of Kenya’s GDP every year and serves more than 50 million users, yet gaps in the financial system remain wide. Remittance...
What a Credit Score Is and How It’s Calculated in Kenya
Your credit score is one of the key factors that determines how much Kenyans can borrow, the interest rates they pay, and how quickly their...
How Banks in Kenya Are Using AI and Chatbots for Customer Service
Banks in Kenya are increasingly integrating AI and Chatbots to improve customer service and meet growing demand for digital banking solutions. With mobile penetration now...
KCB Bank Hit with Major Setback in Billion-Shilling Land Case
A long-running legal battle between M’Big Limited and KCB Group over a Sh95 million land auction deal in Naivasha has taken a major turn after...
TECNO Breaks Ground on Football Pitch Renovation Project to Empower African Youth Through Sports
TECNO, a leading global mobile technology brand, today announced the groundbreaking of its landmark initiative to renovate 100 football pitches across African communities. The project...