StanChart said it was prepared to settle the billions, arguing that it has adequate financial buffers to settle the multi-billion-shilling claim.

Cash-rich individuals and corporate entities who were benefiting from the high interest rates regime are now bound to look for new places to park their funds following the drop in rates to ...

The rapid pace of digitalisation and the adoption of emerging technologies have led to an exponential increase in data volume ...

The CBK says in the banking sector stress test—an assessment of banks’ ability to withstand economic or financial shocks ...

If approved, the increment will be the second in four years after KDIC increased the value of protected deposits to Sh500,000 ...

The creation of the special funds has allowed fund managers to not only earn higher returns for clients from non-traditional ...

Over the last two months, the NSE has seen an acceleration in share prices that has lifted the market to a valuation of ...

The funds are reimbursements paid by the AU and its international partners—mainly the European Union and United Nations ...

IRA’s move is part of a broader campaign to tighten compliance, expand customer due diligence and prevent policies from ...

IRA’s move is part of a broader campaign to tighten compliance, expand customer due diligence and prevent policies from ...

According to the World Economic Forum, the gender pay gap is at about 69 percent, with women earning approximately 77 cents ...

For years, many Kenyan schools have taught French and German. However, a growing desire to become global citizens, pursue ...