Pain for Kenyan borrowers as CBK raises base loan interest rate to 12.5%
Nairobi, Kenya - The Central Bank of Kenya (CBK) has increased the base lending rate to 12.5%, up from 10.5%. ...
Tag: CBK
CBK grant PESAPAL authority to offer payment services
The company provides a simple, safe and secure way for individuals and businesses to make, receive and manage payments, as ...
Safaricom waive M-PESA transaction fee
Safaricom Chief Executive Officer Michael Joseph said that user-to-user transaction below Kshs.1000 will be absolutely free.
Scrapping of interest rate cap –a beneficial repeal to Kenyatta family business banking wing
Kenya Bankers Association chairperson Joshua Oigara has assured the country that though interest capping has been scrapped, the law will ...
Live within your means, John Mbadi dares public officers to declare their wealth publicly
If amended, Mbadi's law will see accountability and integrity realized among public officers in the country.
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