While hundreds of thousands of Kenyans struggle with life in the Covid-pandemic era, wealthy Kenyans stockpiled a total of Ksh779 billion converted into dollars to protect their investments. According to data by the Central Bank ….
The Central Bank of Kenya (CBK) Governor Patrick Njoroge has sent a heartwarming message Janet Yellen, the first female US Treasury secretary. Yellen was overwhelmingly confirmed by the Senate on Monday in what has become ….
A suspected terrorist, Augustine Juma was on Monday arrested while taking photos of a GK vehicle belonging to Makongeni Police Station in Nairobi. The 34-year-old suspect was arrested on the spot and his phone take ….
Starting February, Kenya will launch a survey on diaspora remittances with the view to adding diaspora inflows into the country’s growth and economic development. The Central Bank Of Kenya (CBK) will be in charge of ….
In the week leading to September 25, the Kenyan government printed a total of Ksh15 billion to ease pressure on the National Treasury in financing an enormous budget. According to data by the Central Bank of ….
Remittances by Kenyans in the diaspora are set to take a nosedive in light of massive layoffs and economic shocks caused by coronavirus pandemic. Already, this year has seen a relative drop on inflows from ….
Stockpiled dollars by high-net-worth Kenyans and investors operating in Kenya have hit a record high of Ksh625.9 billion in a rush move inspired by coronavirus pandemic on the economy. The Central Bank of Kenya in ….
Kenyans servicing personal loans in commercial banks can heave a sigh of reprieve after commercial banks warmed up to the idea of extending the repayment period by one year owing to the effects of coronavirus. ….