Category: Finance
-
Investors Opt for Short-Term Gains as CBK Raises KSh 23 Billion Amid High Interest Rates
The Central Bank of Kenya (CBK) recently raised KSh 23 billion…
-
Tether Reports Record-Breaking Profits of $5.2 Billion Profit in First Half of 2024
Tether, the leading stablecoin issuer, has announced a groundbreaking profit of…
-
CBK Aims to Raise KSh50 Billion Through Infrastructure Bonds in August Auction
The Central Bank of Kenya (CBK) plans to raise KSh50 billion…
-
CBK’s Higher Capital Limits Put 25 Banks on Edge
The Central Bank of Kenya (CBK) plans to increase the minimum…
-
Kenyan Microfinance Banks Report KSh 2.4 Billion Pre-Tax Loss in 2023 Because of Rising Expenses and Stiff Competition
Kenya’s microfinance banks (MFBs) are grappling with substantial financial setbacks, recording…