08/16/2019

Reprieve for tycoon as bank accounts freeze suspended

Ms Nzibe noted with concern that the Director of Public Prosecutions (DPP) on August 9, 2019 was directed to file in court an inventory list of the properties attached and bank accounts but as at August 15 had not filed any.

08/13/2019

Insecurity, fraud clog financial inclusion stride

The bank was actually reacting to an enquiry on the supposedly rumour and confirmed that it had started closing down unviable branches, in the wake of bank attacks across the country.

08/12/2019

Alarm as four firms sack 1,700 staff in three weeks

Stanbic Bank was the first about three weeks ago to announce a redundancy targeting an estimated 200 staff, while Athi River-based cement maker EAPCC last week said it would let go all its 800 workers.

08/08/2019

Treasury seeks Sh150bn fresh syndicated loan

Despite the Eurobond being relatively cheaper especially at a time when the United States Federal Reserve Bank is cutting interest rates, Treasury officials are said to be more in favour of the syndicated loans that do not ordinarily attract much public a