Parliament is set to reintroduce the Kenya Bankers Reference Rate (KBRR) as a base rate to calculate the cost of…
Browsing: ECONOMY
Navigate the complex tapestry of the East African economy with Khusoko.com. Dig deep into economic news, analysis, and insights from East Africa. Uncover market trends, policy impacts, and development updates shaping the region’s financial landscape.
Kenya’s financial sector has been rated “satisfactory” due to reduced capital and a drop in asset quality compared to a…
SBM Holdings Ltd has acquired Chase Bank Kenya Limited (In-Receivership) through its subsidiary SBM Bank. The move comes after having…
Regional cement maker ARM Cement PLC’s (NSE: ARM) has been put into administration, PricewaterhouseCoopers under Kenya’s 2015 Insolvency Act. PricewaterhouseCoopers…
Barclays Bank of Kenya (BBK), a subsidiary of Absa Group Limited has reported a profit after tax of KES 3.8…
Kenya’s inflation has edged up to 4.35 percent in July from 4.3 percent in June compared to 4.0 percent in…