BUSINESS

Kenya Shilling at highest level against the dollar

Investor portfolio inflows coupled with exporter inflows offset corporate demand for the dollar powering the Kenyan shilling to an 11-month high on Tuesday. According to data, the shilling touched 102.45…

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KENYA

CBK in a move to increase Cyber security in banks

Kenyan banks are, in two months, expected to compile and file detailed reports with the Central Bank of Kenya (CBK) on their approaches to tackle threats to cyber security. The…

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BANKING

The shilling turns its heat to borrowers

The shilling has been under pressure trading at 97.05/15 as of today. The global strength of the dollar has resulted to the weak shilling, not to forget a widening current…

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