After a Profit Warning, What’s Usually Next for Shareholders?
When a listed company in Kenya issues a profit warning, it often rattles both retail and institutional investors. The announcement, a regulatory requirement under the Capital Markets Authority (CMA), signals that the firm expects its earnings for the current financial year to fall by at least 25% compared to the previous year. For shareholders, the […]
How Salary Advance Loan Limits Are Calculated
Salary advance loans, often referred to as payday or cash advance loans, have become a common short-term financial solution for salaried employees in Kenya. These loans provide quick access to funds based on anticipated earnings and are usually repayable within one to six months through direct deductions from the borrower’s next paycheck. Unlike traditional loans […]
Kenya’s Sh1.6 Billion Fraud Losses Expose Rising Mobile Banking Risks
Kenya’s mobile money boom has reshaped the financial system, but rising cybercrime now poses a growing threat. The Central Bank of Kenya’s (CBK) Financial Sector Stability Report 2024 shows that Kenyan banks suffered Sh1.6 billion in direct losses to hackers in 2024, up from Sh412 million in 2023. The total amount exposed to fraud, funds […]
Will Reclaiming Idle Government Cash Squeeze Bank Liquidity?
The Kenyan government’s decision to reclaim idle cash held by public entities in commercial banks under the new Treasury Single Account (TSA) system is reshaping the country’s public finance management framework. While the reform is aimed at consolidating government resources, enhancing transparency, and reducing borrowing costs, it raises pressing concerns for banks that have long […]
How Does Nigeria’s Payment Overhaul Compare With Global ISO 20022 Adoption?
The Central Bank of Nigeria (CBN) has embarked on a comprehensive modernization of the country’s payment infrastructure, mandating full migration to the ISO 20022 messaging standard and introducing stringent geo-location requirements for all payment terminals. The directive, issued through a circular dated August 25, 2025, and signed by Dr. Rakiya O. Yusuf, Director of the […]
Mamo Mihretu: How Ethiopia’s Reform-Driven Central Bank Governor Shaped the Economy (2023–2025)
Mamo Mihretu’s tenure as the 10th Governor of the National Bank of Ethiopia (NBE), from January 2023 to his resignation on August 28, 2025, marked one of the most reform-driven periods in the country’s recent economic history. Appointed by Prime Minister Abiy Ahmed, he assumed office during a period of high inflation, depleted reserves, and […]
Turn Small Savings into Big Wealth: The Magic of Compound Interest
Many people ask: how do others manage to build wealth without winning the lottery or earning huge salaries? The answer is often a simple financial principle known as compound interest. In Kenya, where access to mobile banking and investment platforms is expanding, compound interest has become one of the most practical ways for ordinary savers […]
5 Simple Steps to Opening a Business Bank Account in Kenya
Opening a Business Bank Account in Kenya is a critical step for entrepreneurs, freelancers, and companies aiming to manage finances effectively, ensure compliance with tax laws, and build trust with clients and suppliers. A dedicated account separates personal and business transactions, simplifies accounting, and provides access to financial tools such as loans, overdraft facilities, and […]
What Every Small Business Owner Should Know About Accessing Credit in Kenya
Accessing Credit in Kenya remains one of the most pressing issues for small and medium-sized enterprises (SMEs), which contribute more than 40% of the country’s GDP and employ a majority of the workforce. For business owners, credit is often the bridge between opportunity and stagnation, enabling firms to finance operations, purchase equipment, or expand into […]
Understanding Credit Scores in Kenya: What Banks Look At and Why It Matters
Credit Scores in Kenya play a central role in shaping access to financial services. A credit score is a three-digit number that reflects an individual’s or business’s ability to repay loans. It is used by banks, SACCOs, microfinance institutions, and digital lenders to determine eligibility for loans, interest rates, and repayment terms. These scores are […]