Equity launches Sh678bn EAC economic stimulus plan
Equity Group MD James Mwangi (centre), Equity Group Director Strategy, Strategic Partnerships and Investor Relations, Brent Malahay (left) and Equity Group Chief...
Uhuru delays response to Sh3.3 billion secret foreign wealth leak
President Uhuru Kenyatta says he will soon respond in detail to revelations that his family has hidden a fortune in excess of $30 million (Sh3.3 billion) in overseas tax havens.
The Kenyattas are part of the global elite whose offshore financial dealings have been laid bare in a massive leak of documents to The International Consortium of Investigative Journalists (ICIJ).
Use of secretive trusts and foundations in low-tax jurisdictions is often seen as an effort to hide ill-gotten wealth or avoid paying taxes.
Bank credit growth jumps to highest in 32 months
Recently, the central bank raised its policy rate for the first time since April 2016 when it embarked on an easing cycle to stimulate...
Kenyan banks launch financial literacy campaign targeting youth
To encourage a saving culture among the nation's youth, the Kenya Bankers Association (KBA) and the Central Bank...
Co-op Bank posts higher third quarter net profit
Co-operative Bank has reported an eight percent growth in net profit for the nine months ended September.
The growth was boosted by higher interest income...
