Tag: East African Financial Affairs

Trade and Financial Service Round-Up: Issue No 2 of 2025

Kenya Bank CEOs, directors face suspension in new anti-terror finance plan Executives and board members of financial institutions, including commercial banks, may be removed from office as the government tightens anti-terror financing rules. Proposed amendments to the Prevention of Terrorism Regulations 2023 will empower the Financial Reporting Centre (FRC) to suspend managers and directors found […]...

More on Tag: East African Financial Affairs

17 Jan 2025

Trade and Financial Service Round-Up: Issue 1 of 2025

Kenya Banks pump additional Sh135bn to lift Nairobi’s economy Financial institutions pumped an additional Sh135.55 billion into Nairobi’s economy last year, underlining the critical role that ...

13 Dec 2024

Trade and Financial Services Round-Up: Issue 50 of 2024

Kenya Forex reserves projected to grow by Sh288bn on IMF, remittance inflows Kenya’s official foreign exchange reserves are expected to grow by $2.23 billion (Sh288 billion) by the end of th...

29 Nov 2024

Trade and Financial Services Round-Up: Issue 48 of 2024

Kenya Safaricom gets approval for new money market fund Safaricom’s Ziidi Money Market Fund has received approval from the Capital Markets Authority (CMA). The fund will operate in partnership wit...