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Kenyan to Raise KSh 130 Billion Through Reopened Treasury Bonds for Budgetary Support.
The Central Bank of Kenya (CBK) has announced the reopening of three fixed-coupon Treasury bonds, ai…
April 17, 2025
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Kenya to Lift Moratorium on Licensing of New Commercial Banks After Nearly a Decade.
In a significant policy shift aimed at revitalising the financial sector, the Central Bank of Kenya …
April 17, 2025
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Record Loss at Nation Media Group Leaves Shareholders Without Dividends.
Nation Media Group (NMG), one of the East Africa’s largest independent media houses, reported KSh 6.…
April 15, 2025
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Tala Kenya Cuts 28 Jobs as Fintech Firm Shifts Focus to Innovation and Expansion.
Tala, a global financial technology company, has announced a significant restructuring of its custom…
April 15, 2025
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Access Bank PLC Gains Regulatory Green Light to Acquire 100% of National Bank of Kenya.
Access Bank PLC’s strategic expansion into East Africa has taken a significant step forward after se…
April 14, 2025
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Umeme Declares Buyout Dispute with Ugandan Government, Citing Unresolved Compensation.
Umeme Limited, Uganda’s largest electricity distributor, has formally declared a dispute with the Go…
April 14, 2025
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East African Securities Exchanges Association Launches East Africa Stock Index; 20 Share Index.
The East African Securities Exchanges Association (EASEA) has launched a historic regional stock ind…
April 11, 2025
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Kenya Revenue Authority Unveils eRITS System to Streamline Rental Income Tax Compliance.
The Kenya Revenue Authority (KRA) has launched a eRITS system aimed at simplifying rental income tax…
April 11, 2025
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Global Hedge Funds Post Losses as Markets Plunge in the Wake of Escalating Trade Tensions.
Global hedge funds are grappling with significant losses and a sharp reduction in net leverage follo…
April 8, 2025
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South Africa’s Absa Bank to Establish Dubai Office as Gulf-Africa Investment Rises.
Absa Group Ltd., which is listed on the Johannesburg Stock Exchange and South Africa's third-largest…
April 8, 2025
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