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    Kenya, East Africa and Africa economy news, including budget, the stock market and analysis.

    StanChart Kenya Q1 2022 Pretax Profit Up 16% on Interest Income

    Standard Chartered Bank Kenya on Wednesday posted a 16 per cent rise in pretax profit to Ksh 3.93 billion in…

    18th May 2022
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    • StanChart Kenya Q1 2022 Pretax Profit Up 16% on Interest Income
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    Standard Chartered – first quarter 2022 results

    Central Bank Targets KSh10 billion From Bond Tap Sale

    The National Treasury is seeking an additional Ksh.10 billion from May bonds which recorded an undersubscription of 71.9 per cent…

    18th May 2022
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    • Central Bank Targets KSh10 billion From Bond Tap Sale
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    The National Treasury is seeking an additional Ksh.10 billion from May bonds which recorded an undersubscription in a tap sale.

    No Extension for Unregulated Digital Credit Providers Grace Period – CBK

    The Central Bank of Kenya (CBK) says there will be no extension to the licensing deadline of September 17th 2022…

    18th May 2022
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    • No Extension for Unregulated Digital Credit Providers Grace Period – CBK
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    CBK says there will be no extension to the licensing deadline of September 17th 2022 for unregulated digital credit providers.

    Kenya Inflation: CBK Expected to Raise Interest Rates in Q3

    So far this year, the bond market, consistent with the global market’s trend, has been largely bearish. In fact, benchmark…

    16th May 2022
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    • Kenya Inflation: CBK Expected to Raise Interest Rates in Q3
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    The CBK is expected to begin raising interest rates mid this year to avert prolonged price pressure due to de-anchored expectations.

    Clothing Apparel, MAS Intimates Kenya To Hire 7,000 Employees by 2025 

    MAS Intimates Kenya, a Sri Lankan apparel and textile manufacturer is now fully operational in the country after it commenced…

    15th May 2022
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    • Clothing Apparel, MAS Intimates Kenya To Hire 7,000 Employees by 2025 
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    MAS Intimates Kenya, a Sri Lankan apparel and textile manufacturer is now fully operational in the country after it commenced operations in 2020.

    Safaricom Plans to Launch M-PESA Junior Accounts For Minors

    Safaricom is working on an M-Pesa product for young children between the age of 10 to 18 years to be…

    14th May 2022
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    • Safaricom Plans to Launch M-PESA Junior Accounts For Minors
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    Safaricom is developing an M-Pesa product for young children between the age of 10 to 18 years to be launched in Q2 of 2022.

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