8 h. ago Why banks hold the key to fixing Kenya’s insurance trust issue

Why banks hold the key to fixing Kenya’s insurance trust issue  Business Daily

Politics

60 h. ago When Banking AI Meets Mobile Money: Safaricom, MPesa and Kenya’s Digital Finance Revolution

When Banking AI Meets Mobile Money: Safaricom, MPesa and Kenya’s Digital Finance Revolution  Dawan Africa

Economics

4 d. ago Kenya has failed to tame recurrent spending, World Bank says

Kenya has failed to tame recurrent spending, World Bank says  Business Daily

Economics

4 d. ago Stanbic Bank Kenya PMI Survey: Private Sector Activity Surges to Five

Stanbic Bank Kenya PMI Survey: Private Sector Activity Surges to Five-Year High  Dawan Africa

Politics

5 d. ago A new pathway for youth: AfDB offers support for green skills for Kenya’s future workforce

A new pathway for youth: AfDB offers support for green skills for Kenya’s future workforce  African Development Bank Group

Events

5 d. ago World Bank raises concerns on Kenya’s rising debt amid shrinking revenue

World Bank raises concerns on Kenya’s rising debt amid shrinking revenue  People Daily

Economics

5 d. ago There is another way: Reducing debt while creating jobs in Kenya

There is another way: Reducing debt while creating jobs in Kenya  World Bank Blogs

Politics

6 d. ago SBM Bank Kenya partners with Mastercard to expand digital payments offering

SBM Bank Kenya partners with Mastercard to expand digital payments offering  Citizen Digital

Economics

6 d. ago Stanbic Bank Kenya Joins Safaricom on KES 40 Billion Green Bond Programme

Stanbic Bank Kenya Joins Safaricom on KES 40 Billion Green Bond Programme  TechAfrica News

Economics

6 d. ago SBM Bank Taps Mastercard to Accelerate Cashless Transactions in Kenya

SBM Bank Taps Mastercard to Accelerate Cashless Transactions in Kenya  Capitalfm.co.ke

Economics

6 d. ago KESONIA Explained: How Kenya’s New Loan Benchmark Affects Your Borrowing

The Kenyan banking sector is about to face a major change as the Central Bank of Kenya shifts all variable-rate new loans to a single reference rate called the Kenya Shilling Overnight Interbank Average, alias KESONIA. The move, aimed at modernizing the country’s benchmark interest rate framework, promises more transparency, fairness, and predictability in lending. Effective September 1, 2025, CBK introduced the revised Risk-Based Credit Pricing Model, providing that all new variable-rate loans should be priced based on KESONIA. However, many banks negotiated a 3-month grace period to update their systems and obtain board approvals for full implementation of the The post KESONIA Explained: How Kenya’s New Loan Benchmark Affects Your Borrowing appeared first on Nairobi Wire.

Politics

1 week ago Governor Thugge: Kenya Must Slow Debt Growth, Diversify Investors to Protect Economy

Kenya’s soaring domestic and external debt is putting increasing pressure on the economy, Central Bank of Kenya Governor Kamau Thugge said, as repayment performance shows signs of strain. Thugge, who spoke before the Public Debt and Privatisation Committee of the National Assembly on Tuesday, admitted that though the country was still meeting its debt obligations, the increasing repayment burden had narrowed down fiscal space. The situation raises concerns over potential debt distress, increasing the possibility of default. Thugge reported that total public debt for the 2024/25 financial year stands at Sh11.8 trillion, equivalent to 69 percent of GDP, surpassing the The post Governor Thugge: Kenya Must Slow Debt Growth, Diversify Investors to Protect Economy appeared first on Nairobi Wire.

Economics

1 week ago World Bank: Kenya’s ‘unfair’ business practices discourage foreign investments

World Bank: Kenya’s ‘unfair’ business practices discourage foreign investments  The EastAfrican

Economics

1 week ago Fiscal vulnerabilities now Kenya’s biggest economic risk, World Bank warns

Fiscal vulnerabilities now Kenya’s biggest economic risk, World Bank warns  Capitalfm.co.ke

Events

1 week ago World Bank warns Kenya’s growth faces threat from mounting debt, fiscal pressure

World Bank warns Kenya’s growth faces threat from mounting debt, fiscal pressure  People Daily

Events

1 week ago World Bank raises Kenya’s 2025 economic growth forecast to 4.9pc

World Bank raises Kenya’s 2025 economic growth forecast to 4.9pc  Capitalfm.co.ke

Economics

1 week ago World Bank Warns Kenya’s Debt Could Raise Cost of Living and Doing Business

The Kenyan economy has reached a critical point, with high public debt and weak revenue collection continuing to squeeze the country’s fiscal space. This may raise the cost of living and deepen the cost of doing business, according to the World Bank. The warning comes in the bank’s 32nd Kenya Economic Update, released on Monday in Nairobi. The report shows that Kenya’s total public debt now stands at Sh12 trillion, equivalent to 68.7 per cent of GDP, highlighting ongoing macroeconomic vulnerabilities. “A rise in the primary deficit contributed 1.3 percentage point growth in total public debt, with domestic debt remaining The post World Bank Warns Kenya’s Debt Could Raise Cost of Living and Doing Business appeared first on Nairobi Wire.

Economics

1 week ago World Bank Lifts Kenya Economic Growth Forecast on Lower Rates

World Bank Lifts Kenya Economic Growth Forecast on Lower Rates  Bloomberg.com

Economics

1 week ago Kenya Banks on Digital Agriculture to Deliver 6 Million Green Jobs by 2030

Kenya Banks on Digital Agriculture to Deliver 6 Million Green Jobs by 2030  Farmers Review Africa

Economics

1 week ago World Bank Revises Kenya’s Economic Growth Forecast Upward to 4.9% Amid Construction Sector Recovery

World Bank Revises Kenya’s Economic Growth Forecast Upward to 4.9% Amid Construction Sector Recovery  Serrari Group

Economics