Category: Business


  • Acquisition of 51 Percent Shareholding of SMEP Microfinance Bank PLC by HOPE Advancement Inc.

    Acquisition of 51 Percent Shareholding of SMEP Microfinance Bank PLC by HOPE Advancement Inc.

    The recent acquisition of 51 percent of the shareholding of SMEP…

  • CBK Report on Commercial Banks’ Credit for Period Ended June 30, 2023

    CBK Report on Commercial Banks’ Credit for Period Ended June 30, 2023

    1.0 Commercial Banks’ Credit Officer Survey The latest survey by the…

  • Equity Bank Shields Long-Time Borrowers from Soaring Interest Rates

    Equity Bank Shields Long-Time Borrowers from Soaring Interest Rates

    In the ever-evolving landscape of financial markets, Equity Group, under the…

  • SMEs hit with up to 32% interest rates by Micro Financiers

    SMEs hit with up to 32% interest rates by Micro Financiers

    The Central Bank of Kenya (CBK) has raised concerns about microfinance…

  • Kenya Revenue Authority Imposes Higher Taxes on Used Car Imports

    Kenya Revenue Authority Imposes Higher Taxes on Used Car Imports

    In a recent move, the Kenya Revenue Authority (KRA) has decided…