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More on Trade and Financial Services Round Up
9 May 2025
Trade and Financial Service Round-Up: Issue No. 17 of 2025
KENYA Kenya makes first direct appeal for Trump’s 10pc tariff reversal Kenya has made a formal direct appeal to the United States to reverse the 10 per cent tariff on exports, preserving duty-free...
2 May 2025
Trade and Financial Services Round-Up: Issue No. 16 of 2025
Kenya Nigeria hunts four Kenyans over CBEX crypto breach Nigeria’s Economic and Financial Crimes Commission (EFCC) has launched a manhunt for four Kenyans linked to a Crypto Bridge Exchange (CBEX)...
25 Apr 2025
Trade and Financial Service Round-Up: Issue No 15 of 2025
Kenya EPRA sets LPG dealer limit at 30,000 cylinders in new rules EPRA has mandated that investors have a minimum of 30,000 cylinders as a prerequisite for a liquefied Petroleum Gas (LPG) dealersh...
17 Apr 2025
Trade and Financial Services Round Up
KENYA Central Bank, Treasury approve NBK’s acquisition by Access Bank The Central Bank of Kenya (CBK) and the National Treasury have approved the acquisition of KCB Group’s National Bank of Kenya ...
11 Apr 2025
Trade and Financial Service Round-Up Issue No. 13 of 2025
KENYA CBK sees Kenya exports drop as Trump tariffs take effect The Central Bank of Kenya (CBK) has termed the impact of U.S. President Donald Trump’s 10 per cent tariff on Kenyan exports immater...
4 Apr 2025
Trade and Financial Service Round-Up: Issue No. 12 of 2025
Kenya 14 Banks Defy CBK Order to Reduce Cost of Loans Only five out of Kenya’s 38 banks have lowered lending rates to match the reduction of the benchmark rate by the Central Bank of Kenya (CBK) at ...
28 Mar 2025
Trade and Financial Service Round-Up: Issue No. 11 of 2025
Kenya Why Banks Are Seeking Overhaul of Loan Pricing Models Banks are in talks with the Central Bank of Kenya (CBK) for an overhaul of their loan pricing models amid concerns that they are not cutting...
21 Mar 2025
Trade and Financial Service Round-Up: Issue No. 10 of 2025
KENYA Stan-Chart to pay record Sh14bn final dividend as profit soars Standard Chartered Bank Kenya is to pay a record dividend of Sh13.9 billion after posting a 45 per cent jump in its full-year profi...
14 Mar 2025
Trade and Financial Service Round-Up: Issue No 9 of 2025
KENYA CBK in talks with lenders to alter loan cost models Commercial banks are in talks with the Central Bank of Kenya (CBK) to overhaul their loan pricing models and develop a common base lending rat...
7 Mar 2025
Trade and Financial Services Round-Up: Issue No. 8 of 2025
Kenya Saccos break audit rules over KUSCCO fraud losses Savings and Credit Cooperative Societies (Saccos) in Kenya are violating a global accounting rule that requires them to fully book losses linked...
28 Feb 2025
Trade and Financial Services Round-Up: Issue No. 7 of 2025
Kenya Kenya pushes full control of the SGR operations to December The Kenya Railways Corporation (KRC) now expects to assume full control of the Standard Gauge Railway (SGR) from the Chinese firm Af...
21 Feb 2025
Trade and Financial Service Round-Up: Issue No 6 of 2025
KENYA Banks fight KRA link amid customer data leak worries Banks have blocked the push by the Kenya Revenue Authority (KRA) to integrate its system with theirs amid fears that the taxman could access ...
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