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Central Bank licenses Kenya’s 13th nationwide MF bank

The Central Bank of Kenya has licensed Maisha Microfinance Bank Ltd as the thirteenth micro-finance institution in the country. In a recent press release, the regulator affirmed that it had […]

Financial institutions now flourish across Kenya

In the wake of the Microfinance Act, introduced in parliament during 2006 prior to its enactment in 2008, micro-lending services have spurred notable growth, more so, in the small-scale enterprises […]

Investment clubs: a source of wealth creation

Investment groups and clubs, commonly known in colloquial parlance as chamas are now a popular source of generating wealth. Their basic objective is to set up self-help groups that comprise […]

Redefining Chama’s role in economic reforms

Individuals at any level of income can create wealth by saving and investing together as a group. There is a special dynamic within the structure – a combination of peer […]

Governor Njoroge: CBK had no role in NYS scandal

By Moses Michira Central Bank of Kenya has distanced itself from the National Youth Service scandal, where an estimated Sh1.8 billion was stolen. Governor Patrick Njoroge said CBK only acted […]