Kenya’s financial sector has been rated “satisfactory” due to reduced capital and a drop in asset quality compared to a…
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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…
The Kenya Central Bank cut its lending rate to 9.0 from 9.50 percent extending the easing cycle. This is the…