MONEY MARKET

BUSINESS BUSINESS NEWS FINANCES AND INVESTMENT MONEY MARKET

Faulu Announces New Financing Options for Farm Inputs To Enhance Food Security

Faulu Microfinance bank has today announced a series of new measures aimed at financing farmers to acquire farm inputs for both livestock and crop farming as part of its product…

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BANKING BUSINESS BUSINESS NEWS FINANCES AND INVESTMENT KENYA MONEY MARKET

NBK Posts Kshs. 828 Million In Net Profit For 2022

National Bank of Kenya has posted a profit after tax of KShs.828 million for the financial year ending December 31, 2022. The Bank maintained strong operational performance, reporting an operating…

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BANKING BUSINESS BUSINESS NEWS FINANCES AND INVESTMENT MONEY MARKET

KCB Group Posts KShs. 40.8 Billion in Full Year 2022 

KCB Group Posts KShs. 40.8 Billion in FY 2022 Net Profit,  Balance Sheet Crosses KShs. 1.5 Trillion Mark.  KCB Group PLC recorded KShs.40.8 billion in profit after tax for the full…

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FINANCES AND INVESTMENT MONEY MARKET

SC Ventures Partners With Yabx To Offer Purpose-Driven Loans

SC Ventures, Standard Chartered’s innovation, fintech investment, and ventures arm has entered into a memorandum of understanding (MOU) with Yabx BV, a company incubated by Comviva and part of the…

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BUSINESS BUSINESS NEWS CYBER SECURITY MONEY MARKET TECHNOLOGY

4 Tips for Security and Safety in The Age of Digital Remittances

Online money transfer has become an important part of everyday life in Kenya and across the globe. Digital money transfer services not only support millions of businesses but also help…

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BUSINESS FINANCES AND INVESTMENT MONEY MARKET

Digital Partnership Between Kwara & IRNET Coop To Upgrade SACCO Services In Kenya

Kwara, a Kenyan fintech company has acquired IRNET Coop Kenya Ltd, a software company that is a subsidiary of the Kenya Union of Savings and Credit Cooperatives (KUSCCO LTD). With…

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GLOBAL KENYA MONEY MARKET

Money From Diasporians Cushioning Kenyans In Tough Economic Times

Central banks around the world have been increasing interest rates in recent months to battle inflation. The Central Bank of Kenya (CBK) has not been left behind. It recently raised…

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MONEY MARKET

KCB and TerraPay partner to Enhance Cross-border Remittances

KCB Bank Kenya and Mobex have partnered to provide a seamless experience for customers to wire money from the diaspora to their local accounts. KCB Bank seeks to fortify its…

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LIFESTYLE MONEY MARKET

How To Bring Up Money-Savvy Children In These Economic Times

Right from birth, kids begin to actively pick up skills and knowledge as they engage with different environments. From the social skills they learn at home to the hygiene skills…

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BANKING BUSINESS BUSINESS NEWS MONEY MARKET

DTB CEO Selected Among Top 25 Powerful Women Impacting Business

Diamond Trust Bank (DTB) Group CEO Nasim Devji has been listed as one of the Top 25 Powerful Women in the C-Suite Impacting Business 2022 by Business Monthly magazine. Specifically,…

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GLOBAL MOBILE MONEY MONEY MARKET

Migrants Still Contributing Highly To The FOREX Market In Kenya Despite Inflation

Globally, 78% of remittance senders agree that the cost of living has hit an all-time high. This has forced those who support families back home to change their spending habits….

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Nairobi Securities Exchange MONEY MARKET

Nairobi Securities Exchange kicks off day trading

After championing for the implementation of day trading in equity securities as part of its strategic objective to enhance liquidity, the Nairobi Securities Exchange (NSE) formally kicked off day trading…

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MONEY MARKET

Mastercard partners with Samsung, Airtel, and Asante to drive digital inclusion in Africa through Pay-on-Demand services

Mastercard has announced a partnership with Samsung, Airtel Africa, and Asante Financial Services Group to drive the digital economy across Africa starting in Uganda through the launch of the Pay-on-Demand…

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