CBK Governor Patrick Njoroge and Deputy President Rigathi Gachagua. COURTESY
News

CBK Denies Rigathi's Remarks On Inadequate Forex For Oil Importation

Oil importers obtain their requisite foreign exchange from the commercial banks and not the CBK

By Fridah Wangechi | 3 months ago

Safaricom CEO Peter Ndegwa (left) and the Airtel logo COURTESY
Business

Pressure Mounts On Safaricom As Airtel Money Separates From Airtel Network

Many are calling for separation of Safaricom and Mpesa to enable better customer service as well as increase regulation by the CBK.

By Fridah Wangechi | 3 months ago

Kenyans have until May 31, 2023 to clear their mobile phone loans. COURTESY
Business

CBK To The Rescue As Kenyans Given Additional Six Months To Clear Mobile Phone Loans

Commercial banks, microfinance banks and mortgage finance companies have been directed to provide a discount of at least fifty percent of the non-performing mobile phone digital loans.

By Fridah Wangechi | 2 months ago

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