11/27/2023
The alleged misconduct by the banks involved a handful of traders, who, between 2007 and 2013, assisted each other on risk positions instead of following normal trading patterns on the market.
11/24/2023
While a hold was widely expected, shock inflation numbers on Wednesday did let some doubt creep in among analysts, particularly with narrow votes to hold emanating from the previous two meetings.
11/22/2023
The Kenya shilling could finally be finding a new footing after it slowed down its monthly free fall to one percent so far in November from the 4.3 percent in March
11/22/2023
ESAAMLG recently conducted its second round of the Kenya mutual evaluation and released its report in September 2022.
11/15/2023
The Pensions Department has engaged the Civil Registration Department culminating in the formal request for all registered deaths in the last 20 years
11/15/2023
Kenya Power and KenGen are both majority-owned by the government, with the companies seen as strategic national assets in the energy sector.
11/15/2023
The continental lender, Afreximbank, said that the move perfectly aligns with its unwavering commitment to supporting indigenous African institutions.
11/15/2023
The manipulation impacted the exchange rate of the South African Rand, which in turn affected various parts of the South African economy
11/14/2023
In 2021, the government did not collect IDL valued at Sh1.6 billion.
11/13/2023
The Kebs rules require that each imported product be subjected to inspection although consolidated cargo poses difficulty in having each product subjected to verification owing to frequent mis-declaration.
11/10/2023
This is as investors put in bids of Sh88.8 billion against the target of Sh50 billion in the auction which closed on Wednesday.
11/10/2023
The Kenya Revenue Authority this week said that non-compliant businesses will be blocked from subtracting expenses from revenue that are subjected to taxation.
11/10/2023
The company recently acquired a licence to operate in South Africa from the Financial Sector Conduct Authority.
11/09/2023
During a presentation to stakeholders, Eskom said that it made progress in processing the backlog of grid connection applications in terms of the IGCAR.
11/09/2023
It was titled, ‘All Banknotes Issued by the CBN Remain Legal Tender.’
11/09/2023
“While we understand that we are a cash-strapped nation, we can no longer afford to burden society with higher taxes and levies applied to the price of fuel,” said Wayne Duvenage, Outa’s chief executive.
11/09/2023
The listed lender raised its dividend payout from Sh19 to Sh22 in the year to December 2022.
11/08/2023
These figures are based on estimates by Accra-based African Continental Free Trade Area (AfCFTA) secretariat.
11/08/2023
The 2023 Capital Markets (Conduct of Business) (Market Intermediaries) Regulations further adjudicate on the standard of conduct by market intermediaries
11/08/2023
Amidst the utility’s dire financial performance, Godongwana announced in the February Budget that R254 billion would be given to Eskom as debt relief over the medium term.