KCB Bank has rolled out a new way of calculating interest on loans, becoming the first major bank in Kenya to adopt the Central Bank of Kenya’s revised ...

Households and businesses often turn to bank loans for financial support to meet various needs—whether it’s paying school fees, buying a car, expanding a business, or owning a home. A loan is the sum ...

Despite recent claims of a Chinese state-linked hacking team carrying out systematic cyber-attacks on Kenyan government institutions being denounced by Kenya’s Ministry of Interior as ‘sponsored ...

Kenya paid Sh18.9 billion in loan commitment fees over eight years, mirroring the financial burden of non-disbursed committed loans. A commitment fee is a payment that is charged by a lender to a ...

Sacco members took Sh17.4 billion to purchase plots, followed by Sh4.05 billion for building apartments and other income generating rentals and Sh3.7 billion for the construction of single residential ...

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The Nairobi digital traffic management system was set to be completed by January 2025 according to documents from Treasury, but has faced delays due to, among other things, a shortage of funding.

Mauritius’ real estate developer Grit Real Estate Income Group nearly doubled its borrowings from Kenyan banks to $94.9 million (Sh12.3 billion) in the year to June 2025, to fund its projects in the ...