Monday , 25 September 2017

Category: Policy and Politics

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Kenya gives Dahabshiil clean bill of health for money transfer

Kenya gives Dahabshiil clean bill of health for money transfer

An official Kenyan Government Gazette notice has given Dahabshiil Kenya's compliance systems a clean bill of health. The Gazette published last Friday officially removes Dahabshii ...

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Tough new rules of HR professionals

Tough new rules of HR professionals

Human resources professionals in Kenya will undergo fresh vetting before being allowed to practice. New rules released by the Institute of Human Resources Management (IHRM), which ...

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Housing Finance starts restructuring after CBK approval

Housing Finance starts restructuring after CBK approval

Housing Finance has transferred its mortgage business unit to a newly proposed subsidiary, as it begins an overhaul of operations to shield itself from financial harm and boost gr ...

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CBK increases CBR rate to 11.5 PC to save ailing shilling

CBK increases CBR rate to 11.5 PC to save ailing shilling

Kenya’s Central Bank on Tuesday evening reviewed upwards its key lending rate by another 150 basis points in reaction to sliding shilling that hit the Sh 100 psychological mark ag ...

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UAE based Gulf Petrochem takes over Essar Petroleum EA

UAE based Gulf Petrochem takes over Essar Petroleum EA

Gulf Petrochem Group has officially acquired and changed name of Essar Petroleum East Africa Ltd to ASPAM Energy (Kenya) Ltd following approval by Kenya’s Energy and competition r ...

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Johannesburg financier gets CMA approval to raise Sh 5 billion bond in Kenya

Johannesburg financier gets CMA approval to raise Sh 5 billion bond in Kenya

South African micro financier, Real People Kenya has been given a green light to sell first Sh 2 billion through the Nairobi securities Exchange(NSE) following Capital Markets(CMA ...

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Kenyan government advertises sale of five sugar factories

Kenyan government advertises sale of five sugar factories

Kenya’s Privatisation Commission, a parastatal under the National Treasury, has approved the sale of five sugar factories. The Commission’s Chairman Henry Obwocha named the sugar ...

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CBK lisences Choice, eleventh microfinance bank

CBK lisences Choice, eleventh microfinance bank

The Central Bank of Kenya (CBK) has granted a licence to Choice Microfinance Bank Limited to carry out community microfinance banking business. Choice MFB becomes the eleventh mic ...

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