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Published on May 15, 2021

Charterhouse Bank under liquidation by Central Bank of Kenya - KTN News

Charterhouse Bank is under liquidation by the Central Bank of Kenya after a statutory management report revealed severe violations of the banking act. the Kenya deposit insurance corporation is the sole liquidator and is to ensure the compensation of …

Source: Big News Network - Neutral
Published on May 17, 2021

IMF Reaches Staff-Level Agreement on the First Review of the Extended Fund Facility and Extended Credit Facility for ...

May 17, 2021 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the …

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Published on May 17, 2021

Kenya central bank to hold next rate-setting meeting on May 26

By Reuters Staff NAIROBI, April 23 (Reuters) - The Kenyan central bank’s Monetary Policy Committee will hold its next rate-setting meeting on May 26, the bank said on its website on Friday. At its last meeting in March the bank held its benchmark lending …

Source: Big News Network - Neutral
Published on May 14, 2021

Fees waiver sends Safaricom crashing to first profit drop in a decade

Kenya’s biggest telecoms operator, Safaricom, partly owned by Vodacom, posted its first decline in full-year net income in a decade after a nine-month waiver on mobile-money service fees dented revenue. Net income dipped 6.8% to 68.7-billion shillings ($ …

Source: BusinessLIVE - Uncategorized
Published on May 4, 2021

Window opens for speedy clearance of coffee, tea exports

The MarketWatch News Department was not involved in the creation of this content. Direct tea and coffee exporters have got a boost after the Kenya Revenue Authority (KRA) cut off a strenuous tax compliance verification process at the Mombasa port, the …

Source: MarketWatch - Neutral
Published on Dec 18, 2020

Central Bank of Kenya ends free mobile money transfers below KES 1,000, still free below KES 100

The Central Bank of Kenya (CBK) has lifted the waiver on mobile money transaction fees under KES 1,000 from January. CBK says only mobile money transactions below KES 100 will be free, as providers reinstate sending fees. The regulator says that since the …

Source: Telecompaper - Neutral
Published on May 2, 2021

Security funds beat counties' Covid budgets

The MarketWatch News Department was not involved in the creation of this content. Security agencies spent a staggering Sh8 billion, almost a billion more than what the 47 counties got combined for fighting Covid 19 within the first three months after the …

Source: MarketWatch - Neutral
Published on Jan 5, 2021

Kenyan central bank review could force Safaricom to share mobile money agents

The Central Bank of Kenya (CBK) has launched a fresh review of the national payment system that will force Safaricom to offer rivals access to its vast network of mobile money outlets for transfers of money among telecom operators, Business Daily reported. …

Source: Telecompaper - Neutral
Published on Nov 16, 2020

Safaricom seeks with Central Bank of Kenya over extension of free M-Pesa transactions

Safaricom and commercial banks are seeking a deal with the Central Bank of Kenya (CBK) to avoid a unilateral regulatory extension of free M-Pesa and mobile banking transactions amid the spike in Covid-19 cases in the country, Business Daily reported. They …

Source: Telecompaper - Neutral
Published on Apr 29, 2021

CJ Nominee Martha Koome was ‘pushed’ to the top, did not shine during JSC interviews, to play ball 2022?

TOXIC POLITICS AND ETHNIC SUSPICIONS BLUR JUSTICE MARTHA KOOME’S WELL-DESERVED NOMINATION AS KENYA’S FIRST FEMALE CHIEF JUSTICE By Dr Vincent O. Ongore W hen the Judicial Service Commission (JSC) sat last week and the week before under the temporary …

Source: Kenya Today - Uncategorized
Published on Apr 28, 2021

28 Money Transfer Services Checked For Africa: Extensive Guide

By Jens Ischebeck Money transfer services: An introduction Money transfer services are becoming more and more essential for our daily live. If you are working overseas and you want to send money anywhere in the world, including the Middle East and African …

Source: Africa.com - Neutral
Published on Jun 30, 2020

Central Bank of Kenya faces protest over extension of free money transfers

Telecommunication companies and banks have protested against the Central Bank of Kenya's extension of free mobile money transactions without consulting them, Business Daily reported. They say the CBK should have sought their opinion before unilaterally …

Source: Telecompaper - Neutral
Published on Apr 8, 2021

IMF okays Kenya plan for Sh500b Eurobond

International Monetary Fund (IMF) logo. [Reuters] The International Monetary Fund (IMF) has endorsed Kenya’s plan to borrow Eurobond loans of up to Sh508 billion, which President Uhuru Kenyatta’s government plans to use to repay other expensive loans. …

Source: The Standard - Uncategorized
Published on Apr 7, 2021

Kenyan businesses optimistic of economic rebound in 2021: survey

NAIROBI, April 7 (Xinhua) -- Kenyan businesses are optimistic that the country's economy will rebound in 2021 as the east African nation steps up COVID-19 vaccination, the Central Bank of Kenya (CBK) said in a new survey released on Tuesday evening. …

Source: Big News Network - Neutral
Published on Apr 7, 2021

CBK Probe Maisha Microfinance Bank In Rotich Fraud Case

A story by Kenya insights A deal sealed by Moi-era powerful minister and businessman Jared Kangwana and embattled Ex-Treasury CS Henry Rotich in 2019 has come to haunt the duo as Central Bank closes in on investigation, Kenya Insights has learnt. In 2016, …

Source: Kenya Today - Uncategorized
Published on Apr 7, 2021

Report: 86 per cent of Nairobians live in rented houses

It is an open secret that majority of Nairobians and residents of major urban areas countrywide are not home owners. Recent statistics from the Kenya National Bureau of Statistics (KNBS) paint employed Nairobians as ‘career’ tenants with 86.4 per cent of …

Source: The Standard - Uncategorized
Published on Apr 10, 2020

Central Bank of Kenya suspends Absa Kenya's forex dealer licences

The Central Bank of Kenya has temporarily suspended Absa Kenya's foreign exchange dealer licence for seven days over a failure to implement standard checks against money laundering, among other things. The suspension is effective of 9 April and will …

Source: The Africa News.net - Neutral
Published on Apr 6, 2021

IMF approves funding package for Kenya

The International Monetary Fund (IMF) approved a $2.34bn (R35bn) financing package for Kenya to support the country’s Covid-19 response and address an urgent need to reduce debt vulnerabilities. Approval of the so-called Extended Credit Facility and …

Source: BusinessLIVE - Uncategorized
Published on Apr 2, 2021

IMF Executive Board Approves US$2.34 Billion ECF and EFF Arrangements for Kenya

April 2, 2021 IMF Board approves SDR 1.655 billion (about US$2.34 billion) ECF and EFF arrangements for Kenya. The three-year financing package will support the next phase of the authorities’ COVID-19 response and their plan to reduce debt vulnerabilities …

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Published on May 17, 2021 - 10:56 GMT

B-North partners with Testhouse to ensure banking platform is ready for launch

B-North, Manchester-based firm building an SME lending bank for the UK, has partnered with Testhouse Ltd to ensure their banking platform is ready for launch. MANCHESTER, UK, May 17, 2021 /⁨EINPresswire.com⁩/ -- B-North the Manchester-based firm …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on May 13, 2021 - 19:07 GMT

Joint Release: Invasive Fish from Conowingo Dam Donated to Food Banks, Science

May 13, 2021 Maryland Public-Private Partnership Puts Invasive Fish to Good Use Photo Credit: Maryland Department of Natural Resources ANNAPOLIS, MD (May 13, 2021) – The Conowingo Dam employs fish lifts to help migrating fish species navigate the …

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Published on May 13, 2021 - 18:57 GMT

Invasive Fish from Conowingo Dam Donated to Food Banks, Science

May 13, 2021 Maryland Public-Private Partnership Puts Invasive Fish to Good Use Maryland Department of Natural Resources photo The Conowingo Dam employs fish lifts to help migrating fish species navigate the Susquehanna River to their spawning grounds, but …

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Published on May 12, 2021 - 14:32 GMT

Finance in Common Summit Spring Meeting: public development banks call for new financing for Africa's recovery post-...

A global coalition of public development banks today emphasized the urgency of immediate resources for Africa’s recovery post-Covid 19. Together, they committed to deepening cooperation to boost investment opportunities across the continent. Participants …

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Published on May 10, 2021 - 13:00 GMT

Hallmark Health Care Solutions Banks on Future Growth with Multiple High-Profile Hires

Following a year of record growth, Hallmark Healthcare Solutions Inc. (“Hallmark”) announces the addition of four new high-level team members. NEW YORK, NY, USA, May 10, 2021 /⁨EINPresswire.com⁩/ -- These new hires will help Hallmark to deftly …

Distribution channels: Business & Economy, Companies ...
Published on May 5, 2021 - 18:40 GMT

Federal Reserve Board invites public comment on proposed guidelines to evaluate requests for accounts and payment ...

May 05, 2021 Federal Reserve Board invites public comment on proposed guidelines to evaluate requests for accounts and payment services at Federal Reserve Banks For release at 12:30 p.m. EDT The Federal Reserve Board on Wednesday invited public comment on …

Distribution channels: Banking, Finance & Investment Industry
Published on May 5, 2021 - 07:25 GMT

Seeking to Provide Motivation and Inspiration Through His Words, Introducing to The World Mr. V. Banks

Mr. V. Banks is an emerging artist, producing music in experimental, Hip Hop and rap genres. Banks describes his music as therapeutic and claims that his sounds HOUSTON, TEXAS, UNITED STATES, May 5, 2021 /⁨EINPresswire.com⁩/ -- Mr. V. Banks is an …

Distribution channels: Culture, Society & Lifestyle, Movie Industry ...
Published on May 5, 2021 - 15:33 GMT

Covercy Expands its Board as Part of US CRE Challenger Banking Strategy

NEW YORK, NY, USA, May 5, 2021 /⁨EINPresswire.com⁩/ -- Covercy, the only platform for commercial real estate investment firms to combine commercial real estate banking and investor management, has appointed Konrad “Chip” Kruger as chairperson and …

Distribution channels: Real Estate & Property Management ...

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Published on May 18, 2021 - 01:00 GMT

Mike S. Shapiro, Thought Leader, Prolific Writer at MikeSShapiro.com, Zoom Interviewed for The DotCom Magazine

Mike S. Shapiro, International Thought Leader, and Prolific Writer at MikeSShapiro.com Zoom Interviewed for The DotCom Magazine Entrepreneur Spotlight Series. SAN FRANCISCO, CALIFORNIA, UNITED STATES, May 18, 2021 /⁨EINPresswire.com⁩/ -- Mike S. …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on May 17, 2021 - 22:28 GMT

VWEC Next Level Business Transformation COVID-19 Master Class Series Garners Success for Women Veteran Entrepreneurs

DALLAS, TX, UNITED STATES, May 17, 2021 /⁨EINPresswire.com⁩/ -- The Veteran Women’s Enterprise Center is excited to announce the continuation of their Next Level Business Transformation (NLBT) Master Class Series this Spring. The program provides …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 17, 2021 - 22:21 GMT

The Jrue and Lauren Holiday Social Impact Fund Opens Second Round Of Funding to Support Underserved Communities

NBA All-Star Jrue Holiday and Olympic Gold Medalist Lauren Holiday Will Provide up to $1,000,000 in Grant Money to Black-Owned Businesses and Organizations UNITED STATES, May 17, 2021 /⁨EINPresswire.com⁩/ -- Today, NBA All-Star Jrue Holiday and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 17, 2021 - 21:05 GMT

Equicapita Announces Paul Clewes as President of Nutters Bulk and Natural Foods

CALGARY, ALBERTA, CANADA, May 17, 2021 /⁨EINPresswire.com⁩/ -- Equicapita Income Trust and Equicapita Investment Corp. (collectively “Equicapita”) are pleased to announce the appointment of Paul Clewes as President of Nutters Bulk and Natural Foods …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 17, 2021 - 20:28 GMT

Meeting of the Minds. Carthage Real Estate Advisors & Urban American Management Join Forces to Develop Equitable Housing

Leading Black Developer of Mixed-income Housing Creates Joint Venture with Preeminent Multifamily Owner/Operator to Develop Affordable Workforce Housing NEW YORK, UNITED STATES, May 17, 2021 /⁨EINPresswire.com⁩/ -- Carthage Real Estate …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 17, 2021 - 19:07 GMT

Nation’s First 10 Financial Advisors Complete RIADAC Certificate in Blockchain and Digital Assets®

GREAT FALLS, VIRGINIA, UNITED STATES, May 17, 2021 /⁨EINPresswire.com⁩/ -- The RIA Digital Assets Council, in partnership with the New York Institute of Finance, is honored to recognize the nation’s first ten financial advisors to complete the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 17, 2021 - 19:01 GMT

Joanne Moretti and Ivan Tsarynny to Discuss Marketing and Security Leadership Protecting Brand Reputation at RSAC 2021

CMOs and marketing leaders need to get together with CSOs, CISOs and security leaders to ensure a more secure customer experience TORONTO, ONTARIO, CANADA, May 17, 2021 /⁨EINPresswire.com⁩/ -- Today at RSA Conference 2021 at 3:45 pm Eastern time …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 17, 2021 - 19:00 GMT

Farmland Leasing is Increasing in Popularity

Farmland Leasing is Increasing in Popularity CALGARY, AB, CANADA, May 17, 2021 /⁨EINPresswire.com⁩/ -- In an April 20, 2021 report from Farm Credit Canada “2020 FCC Farmland Rental Rates Analysis” leasing farmland is becoming an increasingly …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on May 17, 2021 - 17:48 GMT

CloudFulcrum launches Copado as a Service, an end-to-end devops lifecycle offering for Salesforce and Copado Customers

With this offering, Cloudfulcrum aims to provide a value stream driven DevOps model aimed at higher adoption & seamless release management for Copado customers. DALLAS, TEXAS, USA, May 17, 2021 /⁨EINPresswire.com⁩/ -- CloudFulcrum, with its …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on May 17, 2021 - 17:10 GMT

Kaira Clan and M2M Certified Join Forces – Introduce Industry 4.0 Innovations

Kaira Clan and M2M Certified Join Forces – Introduce Industry 4.0 Innovations #iot #5g #6g #digitization #innovation #DigitalTransformation LA JOLLA, CA, USA, May 17, 2021 /⁨EINPresswire.com⁩/ -- THE FUTURE IS NOW Kaira Clan and M2M Certified …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on May 17, 2021 - 17:06 GMT

The Secret to Legislative Results in California is GovBuddy

Industry Leading Digital Advocacy Platform GovBuddy Features Professional Legislative Directory SACRAMENTO, CALIFORNIA, UNITED STATES, May 17, 2021 /⁨EINPresswire.com⁩/ -- Capitol Enquiry today announced the GovBuddy Directory is still the most …

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Published on May 17, 2021 - 17:00 GMT

Ilantus Named Winner of the Coveted Global InfoSec Awards during RSA Conference 2021

Ilantus Wins Most Innovative in Converged IAM! CHICAGO, ILLINOIS, UNITED STATES, May 17, 2021 /⁨EINPresswire.com⁩/ -- Ilantus Wins Most Innovative in Converged IAM in 9th Annual Global InfoSec Awards at #RSAC2021 Ilantus is proud to announce …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on May 17, 2021 - 16:56 GMT

Reflectiz Bags Prestigious Cyber Defense Magazine Awards As It’s Impressive COVID-19 Run Continues

Emerging Israeli cybersecurity startup to receive "Next-Gen in Digital Footprint Security'' and " Most Promising in Web Application Security" accolades. TEL AVIV , ISRAEL, May 17, 2021 /⁨EINPresswire.com⁩/ -- Reflectiz, an …

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Published on May 17, 2021 - 16:50 GMT

i2Chain Named Winner of the Global InfoSec Award during RSA Conference 2021

i2Chain Wins the “Most Innovative in Digital Rights Management” in the 9th Annual Global InfoSec Awards at #RSAC 2021 SAN FRANCISCO, CALIFORNIA, USA, May 17, 2021 /⁨EINPresswire.com⁩/ -- i2Chain is proud to announce winning the “Most Innovative in …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on May 17, 2021 - 15:32 GMT

Evolution Realty: The Smarter Way to Sell A Home

Explore the Most Innovative Real Estate Agency of the 21st century, Saving Sellers Thousands of Dollars NORTHPORT, NEW YORK, UNITED STATES, May 17, 2021 /⁨EINPresswire.com⁩/ -- Far too often in today’s world, American businesses succumb to …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 17, 2021 - 15:29 GMT

Bold Penguin Launches Main Street America Insurance on the Exchange

The Bold Penguin Exchange, which quoted over 1 million small businesses in 2020, now offers Main Street Express® Business Owners and General Liability products. COLUMBUS, OHIO, UNITED STATES, May 17, 2021 /⁨EINPresswire.com⁩/ -- Bold Penguin today …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 17, 2021 - 15:00 GMT

AV-Comparatives says that the Colonial Disaster could have been prevented with Endpoint Security and Patch Management

AV-Comparatives has recently released the results of its Enterprise Main-Test Series. This factsheet report comprises of the findings of the first halfyear 2021 INNSBRUCK, TYROL, AUSTRIA, May 17, 2021 /⁨EINPresswire.com⁩/ -- Acclaimed independent …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on May 17, 2021 - 14:43 GMT

We Insure Mile High Insurance Agency Opens in Colorado, Sur-passing the Company’s Milestone of 150 Locations

JACKSONVILLE, FL, USA, May 17, 2021 /⁨EINPresswire.com⁩/ -- We Insure, the innovative independent insurance company, announced today the opening of a new franchise agency to serve the residents of the Denver Metro area from Greenwood, Colo. We …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 17, 2021 - 14:00 GMT

AV-Comparatives sagt, dass der Colonialangriff mit Endpoint Security und Patch Management hätte verhindert werden können

Das Factsheet enthält die Ergebnisse für 19 Enterprise Endpoint Protection Suites des Enterprise Malware Protection Test und Real-World Protection Test. INNSBRUCK, TIROL, ÖSTERREICH, May 17, 2021 /⁨EINPresswire.com⁩/ -- AV-Comparatives hat …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 17, 2021 - 14:00 GMT

WCG to Host May 20 Blood Drive in Colorado Springs

WCG, a tax and accounting firm in Colorado Springs, is hosting a mobile blood drive on May 20, in partnership with Vitalant. COLORADO SPRINGS, COLORADO, UNITED STATES, May 17, 2021 /⁨EINPresswire.com⁩/ -- WCG Inc., located in Colorado Springs’ …

Distribution channels: Banking, Finance & Investment Industry, Emergency Services ...