world business
President Ruto pushes for Hustler-friendly Treasury bills, bonds trading
President William Ruto has directed CBK to lower the entry-level in Treasury bills and bonds...
Sh60bn loan-deposit gap piles pressure on saccos
Sacco borrowings are surging at a faster rate than that of deposits.
Raised mobile cash cap to boost digital services
The newly raised daily transaction limit on mobile money platforms to Sh500,000 will boost the...
Farmer saccos top loan defaults on drought hit
Some 49 agriculture-based saccos, whose members are primarily farmers, topped in loan defaults...
Deposits cross Sh5trn as banks offer five-year high rates
Deposits held in commercial banks by customers rose by Sh430.4 billion in six months to cross...
Puzzle of Kenyan startups in trouble after Sh34bn funding
At least eight Kenya-born tech start-ups have closed down in the past two years while a ninth...
Bond trading declines as holders avoid losses
Secondary bond trading turnover has significantly slumped as investors seek to avoid losses.
Treasury bill interest rates rally above 14pc mark on maturities
Interest rates across all three tenors of Treasury bills crossed the 14 percent mark in last...
Banks to link part of bonus to green financing targets
Commercial banks are set to link part of staff pay, including bonuses, to climate-related...
Insider fraud bleeds saccos Sh118 million in past 2 years
Savings and credit co-operative societies (Saccos) have lost Sh118.1 million in the past two...
Centum eyes debt-free status by March 2024
Centum Investment Company Plc plans to become a debt-free holding company by March next year.
Paint firms ordered to drop Sadolin brand in merger deal
The Comesa Competition Commission has ordered AkzoNobel and Plascon Paints to divest the...
