KCB CEO Joshua Oigara

KCB retains ratings on stable buffers against new rules

The Kenya Commercial Bank has retained a positive outlook despite a challenging market environment and increased regulation policing the banking sector. Major regulations emanate from the Financial Markets Conduct Bill, the CBK Charter, and the...
Equity Bank's Poly Carp Igathe & James Mwangi

James Mwangi steps back from Equity Bank top job, will now head Group

Equity Bank has named Polycarp Igathe as the new Managing Director of the Kenyan business in a shock move that will see James Mwangi move to the Group CEO and MD. Igathe, former CEO Vivo...
Uhuru Kenyatta proposed taxes

Forget Robin-hood , reality has pushed the government to tax everyone.

After making a pleasantly mwananchi budget where Finance Cabinet Secretary Henry Rotich sought to tax the rich to fund the government, reality has pushed the government to tax everyone. The 0.05 Robin hood tax on transactions...
Central Bank Governor

Central Bank hits KCB hardest for stolen NYS cash

Kenya Commercial Bank has been handed a hefty fine by the central bank for handling money stolen from the National Youth Service. KCB will be required to pay Sh149.5 million for processing amounts of up...
Hino Trucks Kenya

City Shuttle has reached an out of court deal with Toyota over Hino trucks

Toyota  Kenya has reached a deal with City Shuttle to withdraw a case against the automakers Hino Buses. The consent dated August 14 seeks to remove the city bus from a list 11 complainants including Beauty...