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CBK

Business

CBK Revokes License of Kenyan Money Remittance Provider

Donald Matiangi -
The remittance company had stopped processing transactions on August 15 citing unsustainable market conditions.
Business

Loan Defaulters to Pay Higher Interest Rates as CBK’s New Credit Rules Take Effect

Donald Matiangi -
KBA said defaulting will not automatically lock out borrowers from getting future loans but they will be charged higher interest rates
Business

CBK Clears 27 More Digital Lenders, Total Hits 153

Donald Matiangi -
This follows the approval of 41 digital lenders in June 2025, as the regulated digital lending space continues to grow.
Business

Diaspora Remittances to Kenya Dip Slightly in July, CBK Reports

James Simiti -
Kenyans Abroad Send KSh 53 Billion in July as CBK Conducts Remittance Survey The Central Bank of Kenya (CBK) has reported a slight decline in...
Business

CBK Licenses 41 Additional Digital Credit Providers, Total Rises to 126

James Simiti -
According to CBK, the digital credit regulatory framework is to address the public concerns raised on the predatory practices that were prevalent in the digital lending sector.
Business

Twist as CBK Endorses Omtatah’s Odious Debt Petition, Seeks Multi-Judge Bench

James Simiti -
The petition, which accuses the government of illegal debt accumulation and Eurobond proceeds mismanagement, has been stalled in court since 2015.
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