News Kenya Banks: Kenyan banks fear collapse over proposed law
Up to 24 banks in Kenya could be forced out of business if plans to raise capital requirements become law, claims the country's bankers association. The Business Laws amendment bill would ...
News Kenya Banks: Kenya seeks to unlock Sh151.2 billion World Bank funds
Kenya is hoping to unlock up to Sh151.2 billion from the World Bank Group in the current 2026/2027 fiscal year as the multilateral lender remains the country's primary source of external financing in ...
News Kenya Banks: World Bank lends $750 million to Kenya
The financing will help Kenya fund a $37 billion budget, a third of which is allocated to servicing the country’s nearly $100 billion debt.
News Kenya Banks: Kenya economy to grow 4.3% in 2026, 4.4% in 2027 - World Bank
By George Obulutsa NAIROBI, July 9 (Reuters) - Kenya's economy is expected to expand 4.3% this year and 4.4% in 2027, the World Bank said on Thursday, with this year's forecast being 0.6 percentage points lower than its November prediction due to the impact of the U.S.-Israeli war on Iran. Kenya's economy grew 4.6% in 2024. The country's finance ministry expects growth of 5.0% this year and 5.2%
News Kenya Banks: Africa’s biggest bank eyes acquisitions as it seeks Kenya’s banking crown by 2030
The target is likely to intensify competition in Kenya's banking industry, where KCB Group, Equity Group and Co-operative Bank dominate the market.
News Kenya Banks: Kenya-UAE flight bans show need for global digital cooperation on Covid
The UAE’s ban on flights from African countries including Kenya highlights the need for a global portal on vaccination status, says Africa Risk Management Advisors CEO Kefa Nyakundi.
News Kenya Banks: Kenya Power in the spotlight after nationwide blackout
The hashtag #KPLC has been trending on Twitter this week as Kenyans share memes and gifs about the country's worst national blackout for years. While some tried to find some light-hearted moments in ...
News Kenya Banks: Equity Bank cuts cash settlement on PayPal to 24 hours
In a statement, the lender said it has cut the duration it takes to settle PayPal withdrawals from three business days to just 24 hours, a development that allows it to offer the fastest PayPal ...
