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More on Finance

8 Apr 2022

Tax Talk Series webinar: A look at post Budget effect on taxes

The Tax Talk Series hosted by the Kenya Revenue Authority held a webinar on April 8, 2022, to discuss the post budget effects on taxes. The session which lasted for close to an hour was moderated by N...

18 Mar 2022

New regulations set to tame predatory digital lending practices in Kenya

Digital lenders have up to September 2022 to comply with regulatory requirements, including licensing by the Central Bank of Kenya (CBK). The Central Bank of Kenya (Digital Credit Providers) Regulatio...

11 Mar 2022

Cybersecurity in Kenyan Fintech, threats, trends and solutions: Highlights of GIZ Report, 2022

Digital payments are progressively entering the mainstream, in correlation to the increased access, use, and adoption of ICTs in Kenya. However, the transition to and eventual adoption of digital paym...

11 Mar 2022

Shadow Budget Report casts doubt on economic recovery as rising debt and electoral jitters persist

The 2022/23 Annual National Shadow Budget by IPFK™ for Kenya is the second edition, and it is one of its kind in the country.  The production of the Shadow Budget was supported by the integrate...

4 Mar 2022

The security initiative in CBK’s National Payments Strategy 2022-2025

In this second part of our series on the Central Bank of Kenya National Payments Strategy for 2022 – 2025 (NPS Strategy), we examine CBK’s strategic initiatives under the principle of security. A ...

4 Mar 2022

A first for mobile digital lenders after Branch International acquires majority stake at Century Limited

On February 9, Branch International Limited acquired a majority stake in Century Microfinance Bank Limited effective January 1, 2022. This follows CBK’s approval on December 30, 2021, under Section ...

25 Feb 2022

CBK’s strategic initiatives in the National Payments Strategy: Key highlights

The Central Bank of Kenya (CBK) unveiled its National Payments Strategy for 2022 – 2025 (NPS Strategy) this week. The NPS Strategy is anchored on the vision of a secure, fast, efficient and collabor...

18 Feb 2022

Central Bank Digital Currency discussion: The pros, cons and reading between the lines

Central Bank Digital Currency discussion: The pros, cons and reading between the lines The Central Bank of Kenya (CBK) recently released a discussion paper on a Central Bank Digital Currency (CBDC) in...

11 Feb 2022

Taxman’s eye on social media posts good for enhanced compliance

By Brian Kuira Recent media reports that the Kenya Revenue Authority (KRA) would train its eyes on taxpayers who display luxurious lifestyles on social media but under-declare their income sparked a h...

4 Feb 2022

What you need to know about unclaimed financial assets

Recent media revelations paint a shocking picture of vast amounts of unclaimed assets that lie idle despite Kenyans going through a tough economic season. According to the media reports, the amount of...

21 Jan 2022

Central Bank of Kenya Diaspora Remittances Survey 2021

This week, the Central Bank of Kenya released the results of the first-ever Diaspora Remittances Survey (the “Survey”). The Survey was conducted between March and May 2021 by the Central Bank of K...

14 Jan 2022

KRA records excellent performance, Exceeds target in first half of FY 2021/22

The Kenya Revenue Authority (KRA) has recorded an above-target revenue performance in the first half of the Financial Year 2021/2022 after collecting KShs. 976.659 billion against a target of KShs. 92...
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