Diaspora remittances in the first quarter of 2022 grew by 23.5 percent to Ksh.118.4 billion ($1.024 billion) according to 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.
Barclays has sold a 7.4 percent stake in Absa Group, it said on Thursday, raising $687million aimed at bolstering its…
Standard Chartered PLC, the UK-based lender, plans to shut down its network in seven countries in Africa and the Middle…
Family Bank has acquired a KSh1.5 billion loan portfolio guarantee facility from the African Guarantee Fund for Small and Medium-sized…
Kenya’s foreign exchange reserves rose by Ksh.61.5 billion ($533 million) to a record high of $9,352 billion in the week…
The National Treasury plans to increase the Credit Guarantee Scheme capital for Micro, Small and Medium Enterprises from the current…