Data from the Central Bank of Kenya (CBK) shows that profits have increased from $1.09bn during the same period last year, signalling the resilience of the banking sector ...
A battery manufacturing plant in Nairobi /FILEKenya’s unpredictable taxation coupled with regulatory burdens and the high cost and unreliable electricity have continued to dampen growth of industries, ...
The regulator revealed this at a virtual post-Monetary Policy Committee (MPC) media briefing on Thursday. The apex bank did not however disclose the banks. “We have written to 13 commercial banks with ...
Kenya’s shilling strengthened against the dollar on Friday, London Stock Exchange Group data showed. At 0715 GMT, the ...