Date                     Currency                           Mean                 Buy                      Sell

Barclays Bank of Kenya has completed over 80% of the projects necessary to rebrand into Absa. The bank, operating in 12 markets and about 1,000 branches is looking to finish the transition by June 2020.

By September 2019, the transition costs had hit KSh 910m. READ MORE....

The Institute for Development Studies@uonbi looks forward to partnering with

@CISKenya in upcoming forums and also as stakeholders in the research and research uptake process.

One of the largest Islamic Banks in the United Arab Emirates, Dubai Islamic Bank (DIB), has been awarded license by the Central Bank of Kenya (CBK) for the establishment of its operations in Kenya.

The Bank through its wholly owned Kenyan subsidiary, Dubai Islamic Bank Kenya will exclusively offer Shariah compliant banking services in the country. It becomes the third fully Shariah compliant bank to be licensed in Kenya, after Gulf African Bank Limited in 2007 and First Community Bank Limited in 2008.

Absa Bank Kenya PLC has today unleashed a new raft of products and services, tailored to meet the ever-changing needs of the Small and Medium-sized Enterprises(SMEs) segment. READ MORE..

Invitation to all staffs and students

apply for experimental skills training 2020.

Experiential Skills Training -Application Form Cohort 4, 2020

for more information: https://drive.google.co/open?id=1udBUOsqUc47QnSh6EH3-6dNeEXQXdxBdJBAnix50Woc 

“Yellow colour is an indication of maturity but not dying locust. However, at the later age the yellow colouring becomes very bright and the locusts will start copulating and laying eggs and at this stage we can say  that they are dying. And unless one is following a swarm from the immature stage up to maturity no one can tell when the first egg laying has occurred, ”  corrected Dr. George Ong’amo, an entomologist from UoN.

The Nairobi Securities Exchange-listed firm follows a similar move by the Central Bank of Kenya (CBK) — the government’s fiscal agent — which is mandated to auction bonds and maintain a register of investors in the debt securities.

“Through the SC Mobile App clients will be able to buy or sell local currency government bonds and treasury bills without the hustle of visiting a branch to fill in forms,” StanChart said in a statement.

The service is accessible on the bank’s SC Mobile App and makes StanChart the second entity to offer such a platform

Kenya Revenue Authority has moved the legacy ledger balances to the iTax system.

The authority says it is undertaking a reconciliation exercise of the taxpayers’ accounts in the old system to establish the correct tax balances.

In this case, KRA will contact taxpayers to confirm their ledger balances prior to migration into the new iTax system.

In addition, KRA says that commencement of the process with large and medium taxpayers with nationwide rollout is expected soon.

A cash hitch has compelled the Treasury to announce further cuts in the allocation for development projects to plug a Sh161 billion Budget hole, a move that will hurt job creation and upgrade of infrastructure projects.

Treasury Secretary Ukur Yatani has told Parliament that last year’s Budget cuts for lavish travel, advertising and trainings, which the State said were examples of wasteful spending, had failed to yield enough savings to fix the Budget deficit.