Kenyan Banks Agree to Lower Lending Rates After Pressure from Central Bank Directive
Just two days after the Central Bank of Kenya (CBK) issued a directive urging banks to lower their lending rates, banks have finally given in to the pressure. In a…
World Bank Denies Ksh17 Billion Grant to Kenyan Supreme Court Judges
The World Bank has dismissed allegations of planning to grant Ksh17 billion to seven Supreme Court judges to facilitate the construction of courts and toilets. The multilateral lender in a…
CoG Defends Governors With Multiple Bank Accounts After Uproar
The Council of Governors (CoG) on Thursday defended the counties operating multiple bank accounts. Through its chair, Wajir Governor Ahmed Abdullahi, the council maintained all accounts opened and operated by…
Central Bank Makes Successive Interest Rate Cuts After Significant Drop in Inflation
Kenyans are poised to access cheaper loans for the next two months after the Central Bank of Kenya's Monetary Policy Committee (MPC) lowered the base lending rate for the third…
Murang’a women entrepreneurs mentored Absa Bank Kenya. – Kenya News Agency
Murang’a entrepreneurs in Small and Medium-sized Enterprises (SMEs) have benefitted with access to information on sustainable financing, markets as well as mentorship programmes through a Women in Business forum held…