Follow

World Bank

WB raises concen over banks’ large NPL ratios

Reading Time: 2 minutes World Bank has raised concern that the high stock of non-performing loans (NPLs) held by bank’s risks slowing down or […]

Banks trade in forex reaps good returns

Reading Time: 2 minutes Equity Bank rode the remittances wave and leveraged recovery of international trade to curve close to 25 per cent of […]

WB credits Kenya Sh16b in fight against climate change

Reading Time: 2 minutes National Treasury yesterday tapped Sh16 billion from the World Bank for strengthening Kenya’s resilience to climate change knocks. The 10-year […]

IMF chief survives China bias claims, board clears path

Reading Time: 2 minutes Noel Wandera and Agencies BUSINESS: Kristalina Georgieva will remain as head of the International Monetary Fund (IMF) after the lender’s […]

Economy of Kenya on the growth path, says Uhuru

Reading Time: 2 minutes Kenya’s economy performed better than many countries in the wake of the Covid-19 pandemic, President Uhuru Kenyatta has said. He […]

Property auctions wiping out Kenya’s middle class

Reading Time: 3 minutes Data from the Central Bank of Kenya (CBK) shows that mortgages registered the highest increase of all non-performing loans between […]

New book to guide food safety checks     

Reading Time: 2 minutes The World Health Organisation (WHO) has launched a new food safety handbook to help countries measure their food-borne disease burden […]

Surprise visit brings tears of joy to Mombasa slum learners

Reading Time: 4 minutes When Maureen Atieno received her Kenya Certificate of Primary Education (KCPE) results, her biggest worry was not being able to […]

Covid-19: World Bank approves additional Ksh14 billion for Kenya

Reading Time: < 1 minute The World Bank has approved an additional 130 million U.S dollars financing to Kenya for the purchase of vaccines.  In […]

Credit surges by Sh229b in spite of virus

Reading Time: 2 minutes A World Bank report on development policy financing says the repeal of the interest rate cap in November 2019 helped […]