News

Kenyan commercial banks are increasingly transporting physical cash to foreign destinations, with the United Kingdom, United ...
Banks in Kenya are physically transporting large amounts of cash across borders, with the United Kingdom, South Sudan, and ...
Kenyan banks operating in South Sudan will have to increase the paid up capital for their subsidiaries to $25 million (Sh2.15 billion), despite the growing political risk in the country rocked by ...
Kenyan top retail banks are struggling to navigate the rough terrain in the war-ravaged South Sudan with Co-operative bank falling to an accumulated loss of Ksh3.29 billion ($28.85 million) in the ...
Kenyan and Ugandan banks are heading for major international scrutiny as promoters of the South Sudan peace process prepare to impose sanctions against people thought to be stumbling blocks.
Kenyan top retail banks with operations in South Sudan are optimistic about an economic turnaround after years of mixed performance weighed down by political unrest, hyperinflation, currency ...
Kenyan commercial banks operating in South Sudan may be affected by possible United Nations sanctions against anyone who undermines current peace talks in Africa’s newest nation, according to ...
Stay connected as we bring you unfolding developments from across the continent — from power shifts and peacebuilding to bold ...
Phoenix Commercial Bank will charge civil servants a salary processing fee of 2,000 SSP ($0.44), Eden Commercial Bank 1,500 ...
Almost $1 billion supplied to South Sudan through a credit line from Qatar National Bank and Kenya’s Stanbic Holdings Plc to help the country buy food, fuel and medicine went missing, according ...
Kenya plans to replace 20,000 transformers as part of a 4.3 billion KSh ($33 million) investment. The project aims to reduce outages and improve grid reliability, especially in rural areas. Kenya’s ...
Uganda’s exports to East African Community (EAC) markets have declined by Ush820.5 billion ($228.19 million), blamed on a ...