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More on Tag: Finance

11 Mar 2022

Cybersecurity in Kenyan Fintech, threats, trends and solutions: Highlights of GIZ Report, 2022

Digital payments are progressively entering the mainstream, in correlation to the increased access, use, and adoption of ICTs in Kenya. However, the transition to and eventual adoption of digital paym...

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...

11 Mar 2022

11th March 2022 Trade & Financial Services Round Up

KENYA KRA signals peace with Keroche in Sh22bn row The Kenya Revenue Authority (KRA) has signalled concessions for Keroche Breweries after day-long negotiations with the owners of the embattled firm o...

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 ...

4 Mar 2022

4th March 2022 Trade & Financial Services Round Up

KENYA Sanctions block Sh10bn Kenya exports to Russia Kenya’s exports of tea, flowers, coffee and fruits to Russia have been derailed in the wake of sanctions imposed on Moscow by Western nations aft...

25 Feb 2022

Kenya Power shining bright

Kenya Power has reported a net profit before tax of Shs.5.659 Billion in the half year trading period ended 31 December 2021, compared to Shs.332 Million realised in a similar period last year. This g...

25 Feb 2022

25th February 2022 Trade & Financial Services Round Up

KENYA  State pushes to raise debt ceiling to Sh13 trillion in chaotic session Parliament has asked the Treasury to increase the debt ceiling to allow it to borrow Sh846 billion to plug the budget...

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

18th February 2022 Trade & Financial Services Round Up

KENYA  Joint Statement of the Heads of Competition Authorities Dialogue on Regulation of Digital Markets The Heads of Competition Authorities of the Egyptian Competition Authority (ECA); the Comp...

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

11th February 2022 Trade & Financial Services Round Up

KENYA CBK tests market with digital Kenya shilling The proposed Central Bank of Kenya (CBK) digital currency will for the first time allow Kenyans to directly keep cash at the apex bank, placing it in...
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