Customers who open a new account can access the newly introduced Absa Digital Savings Account, which has an introductory interest rate of 7% per annum.
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The bonds are currently trading in the secondary market at yields of 11.7%, 13.5% and 13.9% for FXD1/2022/03, FXD2/2019/10 and FXD1/2021/20, respectively.
Safaricom has launched a new campaign, Tuinuane. Through the Tuinuane campaign, the telco is embarking on a journey to uplift…
The Central Bank of Kenya (CBK) has warned consumers against engaging with fintech payments Flutterwave and Chipper Cash. In a…
Food inflation increased to 15.3 per cent from 13.8 per cent in June.
The CBK said Daraja, licensed in 2015 and whose main customers are small and medium enterprises, has a market share of below 1% of the microfinance banking sector in Kenya.