Financial Sercices

Incorporating the informal sector into electonic tax

Kenya’s informal sector, often referred to as the “Jua Kali” sector, plays a vital role in the country’s socio-economic climate. This sector encompasses millions of self-employed individuals, small traders, and micro-enterprises, who contribute significantly to Kenya’s GDP and make up a significant majority of the labour force. However, despite its crucial role, the informal sector […]...

Kenya’s crypto market growth: How KRA’s integration plan can boost revenue and transparency

The Kenyan cryptocurrency market has seen significant growth in recent years. Studies by blockchain analysis firms, such as Chainalysis, estimate that at least four million Kenyans own cryptocurrencie...

25 Oct 2024

CBK’s Fast Payment System and what it portends for the financial landscape

The Central Bank of Kenya (CBK) is set to introduce a financial sector-wide interoperability system, which will make sweeping changes in the country’s financial system. This development is set t...

4 Oct 2024

CBK’s draft climate risk playbook and its role in the future of banking

This year, extreme weather events have caused devastating floods in various parts of the world, destroying whole towns and valuable infrastructure. Many people lost their homes, livelihoods, and, trag...

21 Apr 2024

CBK introduces green finance taxonomy, paving the way for sustainable financial practices

In a groundbreaking development that signals a major step forward in environmental sustainability, the Central Bank of Kenya (CBK) unveiled the draft Kenya Green Finance Taxonomy (KGFT) for pub...

14 Mar 2024

Who is Who: Meet Raimond Molenje, the new Acting CEO of Kenya Bankers Association

Mr Molenje joined the Kenya Bankers Association in 2018 and has 19 years of experience in legal and regulatory practice, human capital, and policy advocacy, having held senior management roles in lead...

8 Mar 2024

Kenyan banking sector balances strong profits with sovereign exposure challenges

Fitch Ratings recently conducted a peer review, where they assessed the creditworthiness of three bank holding companies – KCB Group PLC, NCBA Group PLC, and I&M Group Plc – along with...

7 Aug 2023

The IMF conundrum: risks and opportunities for Kenya on its increased engagement with the IMF.

Kenya’s relationship with the International Monetary Fund (IMF) has recently come under scrutiny as the country seeks to address its economic challenges and secure external financial support thr...

12 Jun 2023

Waning Allure and evolving landscape of Central Bank Digital Currencies: A Prudent Approach for Kenya

Central Bank Digital Currencies (CBDCs) have become a hot topic in global finance. These digital currencies issued and regulated by central banks are sparking intense discussions and research. CBDCs h...

22 May 2023

Unveiling CBK governor nominee Kamau Thugge: Insights into his Background, Fiscal Policies, and Implications for Kenya

As Central Bank of Kenya governor Patrick Njoroge’s term comes to an end next month, the process to find his replacement has begun. On Monday, 15th May 2023, President William Ruto announced that he...

20 Jan 2023

Meet Wilkister Simiyu a new KRA Board Member

Wilkister Simiyu Ms. Wilkister Simiyu is the Company Secretary and Head of Legal Services at the Kenya Seed Company. She has over 10 years’ work experience both as a practicing advoc...

2 Dec 2022

Hustler Fund launch: The loopholes sealed and opportunities for financial services providers

The Hustler Fund (also known as the Financial Inclusion Fund) was launched this week. This is a flagship project of the Kenya Kwanza government established to disburse low interest rate credit to ‘h...

Page 1 of 3

1 2 3 Next »