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Kenyans stash Sh771b in dollar accounts to protect their wealth

MONEY & MARKET

Analysts attribute move to delays in investment plans and restrictions on travel outside the country.

Kenyans stash Sh771b in dollar accounts to protect their wealth

By Dominic Omondi | 12 days ago

Broke Kenyans opened a record 3 million loan accounts in 2020

Broke Kenyans opened a record 3 million loan accounts in 2020

CBK says nearly all new loan accounts were from personal and household sector. Most of these loans are small and short-term and were for consumption.

Dominic Omondi | 15 days ago

Senate seeks to make lifestyle audit mandatory

The Lifestyle Audit Bill seeks to make it a requirement for state officers to declare their wealth in a bid to fight corruption.

Grace Ng'ang'a | 1 month ago

Don’t lose sleep over tax havens, worry more about State capture

The World Bank estimates that $1 trillion of illicit money moves around the world each year.

Andrew Kipkemboi | 1 month ago

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