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More on Finance
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...
7 Jan 2022
Hike in comprehensive motor insurance premiums rubs Kenyans the wrong way
Insurance customers have been burdened with an increase in insurance rates beginning January 1, 2022. A number of insurance companies have indicated that the increase will be up to 50% of premiums whi...
17 Dec 2021
Brands should embrace online content creators
By: Grace Wandera Brands have since time immemorial invested in every opportunity available to enhance their presence and reputation among the target market. Maintaining a good reputation and presence...
12 Nov 2021
Greening Kenya’s Banking Sector
By Dr. Patrick Njoroge We have a problem. The recently released State of the Climate in Africa 2020 report, indicates that in 2020, the climate indicators in Africa, were characterized by extreme weat...
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