A law that allows for the licensing and supervising of digital lenders came into effect on December 23 following the…
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Dive into the pulse of East African banking and finance with Khusoko.com. Explore in-depth news, analysis, and insights on everything from financial regulations and fintech trends to industry mergers and central bank announcements.
Sidian Bank has secured long-term funds worth Ksh564 million from WaterEquity for onward lending to the Water, Sanitation and Hygiene…
A British firm, Wakanda Network Ltd which is a private limited company has acquired 85 per cent stake in diaspora-backed…
Kenyans in the diaspora sent home Ksh.36.1 billion ($320.1 million) in November, a 24.2 per cent higher than the same…
Kenya Deposit Insurance Corporation (KDIC) and the central bank on Thursday said the remainder of Imperial Bank will be liquidated.…
President Uhuru Kenyatta on Tuesday signed into law the Central Bank of Kenya (Amendment) Bill 2021 which will allow the…