At the apex of an organization’s structure is the Board of Directors (BOD). BOD is usually non-executive in that it is not involved in the day to day activities of an...
Tag - CBK
Exactly last month, cnyakundi.com wrote about how Tala loans is struggling to get back its money lent to Kenyans after the Central Bank Of Kenya locked out over 330...
The Central Bank of Kenya has opened a new currency hub in Kisii town in efforts to ease cash distribution to counties in Nyanza region. CBK Governor Patrick Njoroge...
Last month, Safaricom PLC’s MPESA overdraft service Fuliza reported that subscriber loans in the six months to June 2020 rose to Sh176 billion from last years Sh81...
The Kenya shillings hit a new record low on Tuesday when it traded at 108.55 units against the US dollar. The decline is attributed to rising costs of imports of raw...
Banks have reduced the cost of credit to the lowest level in 29 years due to a consistent drop in the Central Bank of Kenya (CBK) benchmark lending rate. The drop is...