During the 5th Africa Credit Information Sharing (CIS)conference in Nairobi, CIS Chairman, Charles Ringera who is also the Higher Education Loan Board CEO stated that the role of Credit Reference Bureau (CRB) is not blacklisting people but rather coping up with a credit score for everyone and making it cheaper for loan repayment.

I&M Bank CEO Kihara Maina believes that regulation targeting digital credit platforms should address adversely priced credit without limiting innovation.

Speaking during My Chat with a Bank CEO live event, Kihara said that the platforms possess the transformational power to provide credit and promote financial inclusion.

Have you ever wondered about the kind of people who can correctly predict your daily routines and what they can do with that information?

Well, if you share too much information on social media, then this is for you.

If you have never put thought to what happens when you become too predictable, then you may be exposing yourself to risks that could have otherwise been avoided.

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Date                Currency                       Mean              Buy          Sell
14/02/2020    HONGKONG DOLLAR    12.9511      12.9382      12.9640
14/02/2020    SA RAND                       6.7718        6.7635         6.7801
14/02/2020    JPY (100)                      91.6566      91.5613      91.7519
14/02/2020    US DOLLAR                  100.5794    100.4794    100.6794
14/02/2020    SINGAPORE DOLLAR    72.4114      72.3342      72.4886
14/02/2020    CHINESE YUAN            14.4065      14.3900      14.4230

This is a call for all students of the University of Nairobi and other invited universities to submit Concept

The value of currency circulating outside banks rose by Sh33.9 billion in two months to November, touching a five-month high after the end of Central Bank of Kenya (CBK) demonetisation process in September.

Fresh data from CBK shows currency outside banks rose from Sh157.7 billion in September to Sh191.6 billion in November.

The circulation was at Sh222 billion in May before dropping to Sh196.9 billion in June when the four-month exercise of mopping up the old Sh1,000 notes started.

The glitzy Mobile World Congress held last year in Barcelona, Spain, set the tone for the roll-out of 5G internet network, marking a new dawn in communication and the overall realm of innovation. The new generation network, which experts describe as super-fast, is set to provide the launch pad for a wide range of innovations comprising Artificial Intelligence (AI), Internet of Things (IoT), augmented reality, smart cities, among others.

In dealing with construction permits, Kenya made the exercise more transparent by availing building permit requirements online and by reducing fees.

In addition, it is now easier to get connected to the national grid. This was made possible by Kenya improving the reliability of electricity supply by modernizing its existing infrastructure and inaugurating a new substation in Nairobi.

The office of Deputy Vice-Chancellor, RIE is looking for Researchers interested in Genome Sequencing.  The office is currently trying to understand which type of genomic data is collected on Africans or people of Africa decent, and who is working in this space.  This includes information from patients and health Africans.

The Banking Sector had shares worth Ksh199M transacted which accounted for 37.60% of the day’s traded value. KCB Group actively moved 3.2M shares valued at Ksh166M at between Ksh51.50 and Ksh53.00. Equity Group Holdings remained unchanged at Ksh51.00 moved 373,000 shares worth Ksh19M. Standard Chartered Bank moved 32,000 shares worth Ksh6.69M and closed at Ksh204.75.