CMA Licenses New Investment Banks, Stockbrokers and Advisers to Deepen Kenya’s Capital Markets

NAIROBI, Kenya — The Capital Markets Authority (CMA) has approved several new license applications for market intermediaries, in a move aimed at deepening and...

Absa Appoints M-Pesa Africa MD Sitoyo Lopokoiyit as Personal and Private Banking CEO

NAIROBI, Kenya — Absa Group has appointed M-Pesa Africa Managing Director Sitoyo Lopokoiyit as its new Chief Executive for Personal and Private Banking, marking...

Kenya Mulls Pension Law Changes to Let Workers Tap Retirement Savings Early

NAIROBI, Kenya — The government is moving ahead with plans to amend pension laws to allow early access to retirement savings, part of a...

CBK Lowers Central Bank Rate to 8.75pc to Boost Private Sector Lending

NAIROBI, Kenya — The Central Bank of Kenya has lowered the Central Bank Rate by 25 basis points to 8.75pc, signalling continued monetary easing...

Treasury Moves to Unlock Sh57bn in Unclaimed Assets

NAIROBI, Kenya – The government has launched a technical process to develop Kenya’s first National Policy on Unclaimed Financial Assets, aimed at strengthening the...

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The Scoop- Walls Have Ears

The Scoop by Y News is a one-page online magazine that takes you straight into Kenya's corridors of power. Each edition delivers sharp, thrilling stories – secrets, deals, and behind-the-scenes intrigues shaping the nation. Designed for the fast reader, The Scoop is made to be consumed in a glance and shared in a click.