Jimmy Mbogoh
127 Articles
Kenya to experience minimal oil supply disruptions: EPRA says
According to EPRA Director General Daniel Kiptoo there could be a possible change to the loading port to counter the effect of the closure of the Strait of Hormuz, a key shipping line that controls nearly 20 percent of global oil supply.
Kenya to receive Ksh.50.3B World Bank funding to boost digital infrastructure
The Ksh.50.3 billion financing under the Kenya Digital Economy Acceleration Project will support the adoption of the Open Fibre Data Standard and the development of a secure, shared fibre infrastructure database.
GT Bank appeals CAK order after regulator cites misleading representation
In a statement, the bank said the matter is now sub judice and it would therefore be inappropriate to comment extensively while it is pending before the tribunal.
Gov't to introduce SACCO reforms to safeguard members' savings
According to the Principal Secretary in the Ministry of Co-operatives and Micro, Small & Medium Enterprises (MSMEs) Development, Patrick Kilemi, the proposed fund will mirror protections offered to commercial bank depositors, cushioning SACCO members against losses in the event of institutional...
Kenya bets on digitisation to boost intra-Africa trade
The platforms dubbed BiasharaLink and Deal House are expected to provide a common platform for capturing and organising opportunities, transforming informal leads into institutional assets, ensuring that trade and investment prospects are documented, monitored, and pursued....
Kenyan banking sector stable despite high non-performing loans: Moody’s
The firm warns that Kenya's banks profitability may soften in 2026 from a 2025 peak, but will remain solid. Moody’s points out that the decline may come from non-performing loans, which will remain high.The latest Moody's rating of Kenya’s banking industry has placed the sector at B3, representing a...
Kenya Bankers Association calls for 5% salary tax reduction to boost households
The bankers' umbrella body is now calling on the government to cut salary taxes by at least five percent across the board, arguing that the move would ease pressure on household incomes and stimulate economic activity.
Auctioneers raid KUSCCO offices over Ksh.108.8 million debt
The move follows an auction order issued by a tribunal after KUSCCO failed to issue a way forward for the payments to the Sacco.However, the exercise was halted after police officers intervened, kicking out the auctioneers and preventing them from taking any items out of the premises....
South Africa's Nedbank to spend Ksh.110B to acquire majority stake in NCBA
The notice of intention by Nedbank Group to acquire a two-thirds stake of ordinary shares in NCBA from existing shareholders has triggered strong market reaction.NCBA shares gained 8 percent at the Nairobi Securities Exchange (NSE) following the announcement....
Kenyans can now buy KPC shares from Ksh.900 in historic public offer
According to the information memorandum, shares will be priced at Ksh.9 each, with a minimum purchase of 100 shares per investor.