NCBA Rate Hike Explained
NCBA Bank Kenya has announced a significant increase in their lending rates from 16.50% p.a. to 17.50% р.а. effective May 21st, 2024. Additionally, United States...
Sanlam Kenya’s No-Dividend Streak Continues for The 10th Year
Sanlam Kenya PLC shareholders will continue to face a decade of disappointment as the company extends its streak of no dividends for another year. The...
Common Mistakes You Should Avoid When Taking Out a Loan
Taking out a loan can be a smart financial move, helping you consolidate debt, finance a major purchase, or cope with unexpected expenses. But navigating...
CITI BANK LAYS OFF STAFF ACROSS AFRICA
In a recent turn of events, Citibank has finalized its layoffs across the world, citing the need to streamline its operations and reduce costs. The...
How Visa and ACCOSCA Are Expanding Financial Access in Kenya and Tanzania
Visa and ACCOSCA have partnered to enhance financial access in Kenya and Tanzania through the Financial Inclusion in Kenya and Tanzania (FIKT) project. This collaboration...
Equitel’s 5G Launch with Airtel Kenya Sets a New Standard in Virtual Telecommunications
Equitel's recent collaboration with Airtel Kenya to introduce 5G services represents a significant achievement in the telecommunications industry, particularly in Africa. Being the first Mobile...
Schneider Electric Kenya Appoints Ifeanyi Odoh as the new Country President
Schneider Electric Kenya's choice of Ifeanyi Odoh as the new Country President is a significant leadership shift. This decision reflects Schneider Electric's commitment to fostering...
Understanding the Strengthening Kenyan Shilling
The recent strengthening of the Kenyan shilling against the US dollar has sparked considerable interest and scrutiny, particularly within the banking sector, where exchange rate...
Understanding Central Bank of Kenya’s Decision To Reject Sh12 billion Bond Bids
The Central Bank of Kenya (CBK) has made headlines by rejecting bids worth Sh12 billion in the January treasury bond sale. The rejection comes against...