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More on Tag: Banking
26 Jun 2023
Exploring the emerging jurisprudence on the mandate of the CBK
A few moons ago, the Central Bank of Kenya released its inaugural handbook on emerging jurisprudence touching on its mandate. The digest delves into various cases that have been before our local court...
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...
14 Oct 2022
Flutterwave saga: What banks and fintechs can learn on building trust
The case of Flutterwave recently rocked the Kenyan fintech space. The Asset Recovery Agency levelled claims of fraud and money laundering against Flutterwave. In court documents, the Agency asserted t...
16 Sep 2022
FinTech in Africa Part 2: Current gains and forecast evolution in new countries
According to a McKinsey report, the African financial market which includes both fintech and formal banking was valued at $150 billion as of 2020. The evolution of the market is projected to be center...
26 Aug 2022
Top banks’ performance in Kenya Banking Sentiment Index, 2022, and areas to improve
Deloitte delivered the Kenya Banking Sentiment Index report indicating that M-Pesa had more positive appreciation from clients than conventional banks as confirmed in the Net Sentiment Index. It...
14 Apr 2022
The delicate balance of safeguarding stakeholders and creditors’ interests during administration
The essence of administration is to rescue companies that are under financial distress while safeguarding the interests of creditors and other stakeholders in the company. One of the key objectives of...
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...
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...
31 Jul 2021
Highlights of the State of the Banking Industry Report, 2021
The Kenya Bankers Association Centre for Research on Financial Markets and Policy released the third annual State of the Banking Industry (SBI) Report on 27th July, 2021. It focuses on the impact of t...
9 Oct 2020
Kiggundu v Diamond Trust bank (U) Limited & Another (Misc App No. 654 of 2020) [2020] UGCOMMC 32
The head of the Commercial Court Justice Henry Peter Adonyo on Wednesday, 7thOctober 2020 ruled that the credit facilities DTB-Kenya offered to Kiggundu are illegal si...
4 Aug 2020
Highlights of the Central Bank of Kenya (Amendment) Bill, 2020
In February, the Central Bank of Kenya (CBK) and the Treasury announced that they are preparing a law that will cover digital mobile lenders. It was during this period that the CBK Deputy Governor She...
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