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Standbic Bank Kenya to Join China’s CIPS in Strategic Pivot Toward Yuan Transactions
Stanbic Bank Kenya’s parent company, Standard Bank Group, is set to join China’s Cross-Border Interbank Payment System (CIPS) by the end of 2025 in...
American Investors Extorted in Kenya’s Tender System, U.S. Reveals
The U.S. has once again criticized Kenya over widespread corruption in public procurement, accusing officials of extorting American firms seeking government tenders.In its 2025...
Central Bank Slashes Key Rates in Bold Push for Lending and Revive Economy
In a bold and unprecedented move, the Central Bank of Kenya (CBK) has slashed key interest rates in a triple-pronged policy shift aimed at...
Kenya’s Eurobonds Yields Hit Highest in 17 Months
Yields on Kenya’s Eurobonds have surged to their highest level in nearly a year and a half, mirroring a broader sell-off in frontier market...
Kenya Power Secures Sh12 Billion AfDB Funding to Expand Electricity Access to 150,000 More Homes
Kenya Power has secured a Sh12 billion funding boost from the African Development Bank (AfDB) to drive the third phase of its flagship Last...
