PRIME US crypto firm exits Kenya amidanti-money laundering scrutiny Kenya remains on the list of countries at high risk of money laundering and terrorist financing, with the Financial Action Task Force (FATF) placing the country on its "grey list."
PRIME Wealthy investors book Sh40bn gains on NSE rally The billionaire investors include bank executives James Mwangi and Gideon Muriuki, the Kenyatta and Ndegwa families.
PRIME StanChart wins key roles as CBK eyes global investors The deal will see the Nairobi Securities Exchange-listed firm earn substantial fees as the National Treasury seeks to deepen the base of investors buying the country’s debt instruments.
PRIME CBK forecasts costly fuel widening current account deficit to 3pc this year CBK is projecting that goods imports will grow by 8.1 percent to $25.62 billion (Sh3.32 trillion) this year, while exports will expand by just 2.3 percent to $13.34 billion (Sh1.73 trillion).
PRIME Private sector activity contracts for second month Last April 2026, businesses reported a drop in output and new orders, marking the second consecutive month of contraction as households and firms cut back spending in response to rising prices...
PRIME Debt service costs to rise by Sh103bn on high interest rates Kenya’s growing domestic borrowing is set to push interest payments close to Sh1 trillion, boosting investor returns while increasing fiscal pressure.
PRIME Kenya’s inflation gallops at fastest pace in 7 years Fuel prices have a significant impact on inflation in the East African nation, which relies heavily on diesel for transportation, power generation, and agriculture, while kerosene is used in many...
PRIME Why companies are going for private debt in capital hunt This shift indicates that private debt is increasingly filling gaps left by constrained bank lending and more selective venture capital deployment in the region due to higher risk facing startups...
PRIME 27 banks snub new central bank loans pricing formula Slow adoption of the new benchmark limits transparency gains in loan pricing reforms.
PRIME Equity cuts returns on deposits amid sharp fall in interest rates Savers earn less as banks adjust to a lower-rate environment.
PRIME Banks charge premiums of up to 16.57pc in new loan pricing Kenya Bankers Association (KBA) says the wide spread in bank premiums was expected as lenders began reviewing individual borrower risk profiles.
PRIME Treasury cuts net external borrowing by Sh61.6bn In the June 2025 budget, Kenya had pencilled in an expected drawdown of Sh170.5 billion from the World Bank’s Development Policy Operation (DPO) funding framework, before revising the target down...
PRIME Banks sit on excess Sh2.6trn as Kenyans shun investments Kenya's economy has grown on average by 5.0 percent annually over the past decade, but the benefits have not been equally distributed, and the gap between the rich and the poor is rising...
PRIME Banks push for benchmark rate hold amid Iran war risks Kenya’s next price review on April 14 is therefore expected to reflect the higher prices of the commodity.
PRIME NCBA mints 32pc of profit from Fuliza, M-Shwari loans Pre-tax earnings from M-Shwari and Fuliza, which are overdraft services offered in partnership with Safaricom, grew by a third to Sh6.68 billion driven by increased use of the credit services.
PRIME Gambling advert spend rebounds by 43pc, impact of tighter rules lingers The rebound marks a recovery for the industry still reeling from the shocks of stricter rules by the control board.
PRIME Banks, saccos tap Sh7.7 billion in KMRC loans to boost mortgages Kenyan banks and saccos tapped Sh7.7 billion in cheap KMRC loans to boost mortgage lending and expand home ownership.
PRIME Deals surge lifts capital gains tax to record Sh14bn Data by the Treasury shows that collections from the Capital Gains Tax rose by 20.6 percent to Sh11.05 billion in the half-year to December 2024.
PRIME Four Kenyan lawyers behind East Africa’s biggest corporate deals Kenyan lawyers win top dealmaking honours as a surge in corporate transactions drives billions in advisory fees.
PRIME State seeks new African Development Bank funding AfDB’s commitment to Kenya has been growing over the years, reaching the equivalent approval of $606.2 million (Sh78.2 billion in 2024.
PRIME Nedbank guaranteed controlling 51.1 percent stake in NCBA The Nedbank shares are priced at 250 rands (Sh2,010) in the transaction.
PRIME Kenya raises Sh290 billion from sale of new Eurobond Market data published by Bloomberg showed that both tranches in the sale that opened on Wednesday were oversubscribed.
PRIME Co-op Bank, Equity and KCB get higher credit rating in review High levels of non-performing loans has been one of the major risks associated with Kenya’s banking industry.
PRIME Banks’ lending margin widens as they squeeze depositors Lending rates peaked at 17.22 percent in November 2024, while deposit rates reached a high of 11.48 percent in June 2024.
PRIME Kenya remains on top with Sh127bn startup funding in 2025 Egypt followed Kenya in startups funding last year at $614 million, with South Africa and Nigeria ranking third and fourth respectively with hauls of $599 million and $343 million.
