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 ...