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Central Bank’s new tough rules to monitor large cash transactions
Things just got a little tighter at the counters—anyone withdrawing or depositing more than a Sh1 million (or $10,000) will be required to fill in a special form stating where the money is from or is going, who they are paying or receiving the money from and for what purpose, either way.
By Morris Aron 10 years ago
Central Bank’s new tough rules to monitor large cash transactions
Saudi-Iran spat keeps local, foreign investors on toes
International investors have their eyes cautiously traded on the Saudi-Iran conflict with fears that it could boil over into oil and the stock market crunch.
By Morris Aron 10 years ago
Saudi-Iran spat keeps local, foreign investors on toes
High interest charges bring mortgage business to a standstill
Uncertainty over high interest charges has brought mortgage business to a standstill as customers shy away from loans to service their dream homes.
By Morris Aron 10 years ago
High interest charges bring mortgage business to a standstill
Kenyans brace for tougher times as shilling touches Sh106 against dollar
Prepare for further weakening of the Kenyan shilling in the next two-three months despite Central Bank of Kenya’s tight monetary stance, latest confidential banking industry insight report on foreign exchange and interest rates trends warns.
By Morris Aron 11 years ago
Kenyans brace for tougher times as shilling touches Sh106 against dollar
Shoppers stare at price increases as shilling jitters continue
Retail chains are revising upwards the price of commodities they stock and scaling back on expansion plans as the effects of the changing cost of credit and the weakening shilling begins to bite.
By Morris Aron 11 years ago
Shoppers stare at price increases as shilling jitters continue
Tough times loom for bank loan borrowers
If you have a personal loan, car loan, mortgage or use a credit card, life is about to get harder as interest rates increase between now and September 1.
By Morris Aron 11 years ago
Tough times loom for bank loan borrowers
Kenya largely 'safe' in global economic slowdown
Kenya’s economy will largely remain unaffected by the recent economic growth downgrade by the International Monetary Fund which placed China at its slowest growth rate in 24 years.
By Morris Aron 11 years ago
Kenya largely 'safe' in global economic slowdown
CBK exerts pressure on banks to cut lending rates
The Central Bank of Kenya’s decision to maintain the central bank rate and lower a key figure used by banks to determine interest rates is a calculated move to tackle inflation, the local unit and cost of credit in the short to medium term.
By Morris Aron 11 years ago
CBK exerts pressure on banks to cut lending rates
US report flags Kenyan officials over Russia military recruitment
National
By Hudson Gumbihi
12 mins ago
How many Kenyans are fighting for Russia?
National
By Edwin Nyarangi
12 mins ago
Ebola alert  as Health Ministry 'shuts down' tracking system
National
By Mercy Kahenda
12 mins ago
2027 test: Why Kenya cannot afford to leave women out of power
Opinion
By Angel Mbuthia
12 mins ago
Gender rule tests political will ahead of 2027 election
Politics
By Irene Githinji
12 mins ago
Ruto's 50-50 pledge: Are women at the table or left behind?
Politics
By Noel Nabiswa
12 mins ago