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Radio Generation Kenya

Business

New KCB App offers seamless digital banking anywhere
Business

New KCB App offers seamless digital banking anywhere

The initiative as explained by Kevin Mathews Okeyo, Senior Manager, Digital Experience (Digital Financial Services) at KCB is part of the bank’s ongoing efforts to digitize operations, simplify banking, and provide convenient access to financial services anywhere in the world.

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KRA issues 30-day notice to clear abandoned goods or face auction
Business

KRA issues 30-day notice to clear abandoned goods or face auction

In a notice published in the Kenya Gazette, the authority said importers and consignees with overstayed cargo must enter and remove their goods from the depot within 30 days. If they fail to do so, the items will be auctioned between November 10 and 14, 2025, through an online bidding process on KRA’s official portal.

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Kenya adopts e-CO platform to ease cargo clearance across 21 states
Business

Kenya adopts e-CO platform to ease cargo clearance across 21 states

The electronic system was first introduced at the regional level in November 2024 by Eswatini, Malawi and Zambia as pilot countries. Zimbabwe and Kenya have now joined the programme, bringing the number of participating member states to 21, while other countries are in the process of integrating the system.

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Eight banks defy CBK order to cut lending rates
Business

Eight banks defy CBK order to cut lending rates

Fresh data from the central bank shows that DIB Bank Kenya, Consolidated Bank of Kenya, Co-operative Bank of Kenya, Kingdom Bank, UBA Kenya Bank, Diamond Trust Bank Kenya, Premier Bank Kenya, and Access Bank Kenya have all raised their overall weighted average lending rates in the year to August.

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Inside Kenya Airways’ failed project Mawingu and its costly fallout
Business

Inside Kenya Airways’ failed project Mawingu and its costly fallout

Appearing before the National Assembly Committee on Public Debt and Privatization, Kenya Airways chief executive officer Allan Kilavuka gave a detailed account of how the 2012 expansion plan aimed at transforming the airline into Africa’s leading carrier by 2021 turned into one of the country’s most costly corporate failures.

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