Rising Activity in the Interbank Market Kenya’s financial system has experienced a notable shift over the past week, as interbank lending surged to new highs while demand for Treasury bills contracted significantly. According to the Central Bank of Kenya (CBK), traded volumes in the interbank market rose by an impressive 118%, climbing to KES 17.24 […]
The Central Bank of Kenya (CBK) has announced the reopening of two fixed-coupon Treasury bonds in October 2025 — FXD1/2018/015 (12.650%, due May 2033) and FXD1/2021/020 (13.444%, due July 2041). Together, these issues target KSh 50 billion in fresh funds to provide critical budgetary support. This move marks yet another step in a clear pattern: […]
The Central Bank of Kenya (CBK) has reported a decline in Treasury bill rates across all tenors, marking a calculated policy maneuver aimed at stimulating borrowing and investment while cushioning the economy from global financial turbulence. According to the Weekly Bulletin released on September 26, 2025, the 91-day, 182-day, and 364-day bills settled at 7.914%, […]
Kenya’s savings and credit cooperatives (SACCOs) — a backbone of financial inclusion and credit access for millions — are grappling with a deepening crisis as unremitted deductions by employers reached KSh 3.49 billion in 2024, up from KSh 2.59 billion in 2023. The figures, contained in the 2024 SACCO Supervision Annual Report by the Sacco […]
President William Ruto’s administration has rolled out the National Youth Opportunities Towards Advancement (NYOTA) fund, a KSh 33 billion program designed to provide seed capital to young entrepreneurs. Under the plan, 110,000 youths across Kenya will each receive KSh 50,000 to launch income-generating ventures. The initiative was unveiled by Co-operatives and MSMEs Cabinet Secretary Wycliffe […]
In a landmark move toward expanding capital markets access and deepening financial inclusion, Kenya’s Capital Markets Authority (CMA) has formally licensed Sycamore Capital Limited’s Cashlet App and Jipay Payment Solutions Limited as Intermediary Service Platform Providers (ISPPs). This approval enables both fintech firms to officially mediate between retail investors and licensed fund managers, integrating everyday […]
The Central Bank of Kenya (CBK) has unveiled a plan to establish formal compensation rules for e-money and digital wallet fraud, marking a new chapter in the country’s digital finance regulation. The move is intended to close existing gaps in consumer protection, particularly as mobile wallets and digital financial services (DFS) become increasingly central to […]
The announcement that Wafa Assurance, one of Morocco’s largest insurers, is seeking to acquire Delta Insurance of Egypt in a deal worth approximately US$317 million has sent ripples across Africa’s insurance landscape. While the transaction is centered in North Africa, the COMESA Competition Commission has stepped in to review its impact across member states, sparking […]
Mastercard has struck a partnership with Hillcroft (mTek) to integrate embedded insurance solutions into its consumer and SME card products in East Africa. According to a press release from Mastercard, the collaboration will embed insurance cover into everyday payment flows, enabling seamless access to protection. Under this model, users making transactions will be offered tailored […]
Kenya’s financial regulators are pushing forward a landmark reform designed to reinforce trust in the banking and insurance sectors by doubling the maximum compensation payable to customers when institutions fail. The proposal, which forms part of the Kenya National Financial Inclusion Strategy 2025–2028, seeks to increase the Policyholders’ Compensation Fund (PCF) ceiling from KSh 250,000 […]
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