Browsing: Finance & Banking

The citizens are in limbo following the revelation from the National Treasury Cabinet Secretary CS Prof Njuguna Ndung’u about the state being in a strained economical status.

The charges were waived in 2020 as part of the emergency measures to cushion Kenyans and to facilitate use of mobile money in the context of the COVID-19 pandemic

Absa Bank Kenya PLC has partnered with Interswitch, an electronic payments and infrastructure company, to provide financial assistance to Small and Medium Enterprises (SMEs).

KCB customers will be able to access financing to buy BasiGo electric buses. KCB SAHL Banking customers, who are under the Shariah-compliant banking model, will also be able to purchase electric buses from BasiGo at affordable rates.

Banking was not left behind when the pandemic accelerated digital transformation as emerging technologies sharpened resiliency, ensured continuity and enhanced customer experiences in a short span of time

The Co-operative Bank of Kenya has recorded an increase in its interests in the half-year numbers declared having posted a 55.4 percent rise in half-year profit to Ksh.11.5 billion from Ksh.7.4 billion.

As of this month, Zimbabwe will commence selling gold coins as a store of value at a time its currency is weakening considerably a factor that has seen the living cost shoot high and out of reach for many citizens.

The data from Mastercard’s 2022 Borderless Payments Report has revealed two in five (46%) small and medium-sized businesses (SMEs) in Eastern Europe, the Middle East, and Africa (EEMEA) are earning more money than before the pandemic.

Did you know that only 12% of Kenyans have developed a saving culture?

KCB Bank has triumphed in this year’s annual celebration of Kenya’s insurance sector winning a total of 6 awards in an event organized by Think Business Limited.

Tax Transparency Africa report indicates that 22 African states have enjoined the Convention on Mutual Administrative Assistance in Tax Matters(MAAC) as the exchange of information (EOI) for tax purposes is embraced evident in the 383 new EOI relationships.

The position became vacant following the appointment of Paul Russo as the KCB Group PLC Chief Executive Officer on May 25, 2022.