CBK Governor Kamau Thugge calms markets over rising domestic borrowing target

CEOs urge State relief package as Iran war drives up firms' costs

Kenyan CEOs are appealing to the Kenyan government for a relief package, including subsidies and reduced employee taxes, to mitigate the impact of rising costs stemming from the conflict in Iran.

Saudi Arabia deposits $3bn in Pakistan’s central bank, extends $5bn facility

Saudi Arabia has deposited $3 billion in Pakistan's central bank and extended an existing $5 billion facility. This financial support aims to bolster Pakistan's economy amidst global challenges.

Kenya forex reserves drop Sh43.9bn on global pressures

Kenya's foreign exchange reserves saw a significant drop of Sh43.9 billion in the week ending April 9, impacted by global economic pressures.

Return of the bitter pill: Kenya softens IMF stance as Iran shock bites

Kenya is seeking a favorable outcome from ongoing discussions with the International Monetary Fund (IMF), with Central Bank of Kenya (CBK) Governor Kamau Thugge expressing optimism about the talks scheduled for later this month in Washington DC.

Nigeria’s Zenith Bank acquires Paramount Bank in CBK-approved deal

Nigeria's Zenith Bank Plc has successfully acquired 100 percent shareholding in Paramount Bank Limited, following necessary regulatory approvals.