Category: Finance
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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…
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CBK Aims to Raise KSh50 Billion Through Infrastructure Bonds in August Auction
The Central Bank of Kenya (CBK) plans to raise KSh50 billion…
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CBK’s Higher Capital Limits Put 25 Banks on Edge
The Central Bank of Kenya (CBK) plans to increase the minimum…
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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…
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Moody’s Downgrades Kenya’s Credit Rating After Finance Bill 2024 Collapse
Moody’s Downgrade: A Wake-Up Call for Kenya Moody’s Investors Service downgraded…