Julians Amboko

Financial Services provider CPF has invested Sh600 million worth of an undisclosed stake in bond insurer Dhamana Guarantee Company (DGC), as it

The airline is banking on its top shareholders to back the conversion of the loans to shares or other instruments like bonds in fresh efforts to ease its debt burden and smooth the path for entry of a strategic investor early next year.

Stakeholders in the country's sustainable finance landscape are now banking on the Central Bank of Kenya (CBK) generated Draft Green Finance

Kenya now plans to cut domestic borrowing for 2024/25 by 5.9 percent to Sh388.37 billion, pushing it to the lowest point in five years as it looks to push interest rates downwards and stimulate private sector activity.

The Country Manager and East Africa Managing Director of Access Bank Samuel Addae Minta has left the lender, amid an ongoing transaction to buy-out the rival National Bank of Kenya (NBK).

Under this regime, motorists will be expected to key in their KRA personal identification numbers (PINs) to trigger the eTIMS receipt.

Kenya is seeking to diversify its sources of financing after deadly protests forced the government to abandon a raft of tax hikes and delayed disbursements from the IMF.

The KRA is focused on payments being done by businesses for supply of goods and services, consultancy services, commissions and royalties amid concerns of under-declaration.

Kenya Power has resumed paying dividends, ending a six-year drought for shareholders, after the firm posted a net profit of Sh30.08 billion in the year ended June.

The Treasury has further disclosed that it has sought the support of the IMF to provide support in the evaluation of its regulatory framework.