Commercial banks that fail to comply with the Central Bank of Kenya (CBK) lending guidelines now risk penalties of up to three times their profits. This comes as CBK moves to accelerate the reduction ...

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Favourable food and energy prices along with relatively low global inflation, have also helped support domestic inflation in ...

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The government will likely be required to enhance tax collection and combat graft as part of its fiscal consolidation.

Fears remain that large reinsurers operating in India could withdraw from the country as the first deadline for reinsurance ...

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Bankers face a fine of Sh20 million or three times the monetary gain, with the regulator leaning on the punitive penalty.

CBK has launched a crackdown on commercial banks failing to pass on the benefits of lower borrowing costs to their customers.

Central Bank of Kenya has written to 13 banks to explain how they plan to progressively increase their core capital to Sh3 billion this year and Sh10 billion by 2032. The regulator revealed this at a ...