Today is Mon, 15 Dec 2025
More on Tag: Finance
31 Oct 2024
Highlights of the GSMA Kenya Digital Economy Report of 2024.
Kenya is on the path to integrating digital technology into the heart of its economy, leveraging the power of mobile and digital services to drive growth, support public service delivery, and enhance ...
31 Oct 2024
High Court Grants Reprieve to Financial Institutions on Forced Sale Value of Charged Property
The High Court, in a recent judgement, granted reprieve to financial institutions when exercising their statutory power of sale. This position is fortified in the Constitution’s Section 104 of the L...
31 Oct 2024
Kenya Power’s Profit After Loss Raises Eyebrows
Kenya Power announced its first profit of Ksh 30 billion in six years. The company’s ability to turn a profit in its financial statements this year from a loss of Ksh 3.19 billion last year has ra...
31 Oct 2024
Trade and Financial Services Round Up: Issue 44 of 2024
Kenya Kenya Power resumes dividends with Ksh 30B profit Kenya Power and Lighting Company(KPLC) has resumed paying dividends after a six-year hiatus, following a net profit of Ksh 30.08 billion in the ...
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...
18 Oct 2024
Trade and Financial Service Round Up: Issue 42 of 2024
Kenya CBK advances fast-payment system for seamless financial interoperability The Central Bank of Kenya (CBK) is advancing the development of a Fast-Payment System (FPS) to enable instant money trans...
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...
4 Oct 2024
Trade and Financial Services Roundup: Issue 40 of 2024
Kenya Banks offered bond swap as KQ misses Ksh19bn loans deadline Top commercial banks will convert Ksh19.3 billion ($149.9 million) worth of loans advanced to Kenya Airways (KQ) into Treasury bonds a...
20 Sep 2024
Devolution: Counties Staring at Operational Crisis
The delay in the national government’s disbursement of funds to counties and the wastefulness of meagre resources by counties are hampering service delivery, supplier payment, and employee remun...
25 Jul 2024
New Dawn? Analysing the COMESA-EAC-SADC Tripartite Free Trade Agreement and its Implications
After years of immense negotiations and anticipation, the COMESA-EAC-SADC Tripartite Free Trade Area (TFTA) is set to become a reality on July 25, 2024. This landmark agreement, uniting 29 coun...
18 Jul 2024
Trade and Financial Service Round-Up
Kenya Absa, Old Mutual launch new insurance for SMEs Absa Bank Kenya and Old Mutual Kenya have launched a joint insurance product targeted at Small and Medium Enterprises (SMEs). The prod...
19 May 2024
Finance Bill 2024: The new taxation model is a double-edged sword for Kenya’s alcohol industry.
The Finance Bill of 2024 seeks to bring significant changes to the landscape of alcoholic beverages. A notable shift proposed in this legislation is the adjustment of taxation from a flat rate per lit...
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