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Njoroge's replacement at CBK has big shoes to fit – Ngunyi

"I fear that the exit of Governor Njoroge will usher in a bunch of greenhorns." ....

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MUTAHI NGUNYI claims Ruto's government needs help as CBK Governor NJOROGE exits – Reveals what will happen.

Wednesday, April 26, 2023 - Renowned political analyst, Prof Mutahi Ngunyi, has revealed that President William Ruto’s government needs help on how to drive the economy. Commenting on his Twitter page on Wednesday, Ngunyi revealed that the government is currently under confusion from very green-horned officials who are not yet aware of what to do at… ....

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Central banks take heat over actions on lenders as BoU loses Crane suit

Last week, Bank of Uganda lost a court case over its procedures in placing troubled Crane Bank into receivership and selling its assets. ....

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CBK Probe Maisha Microfinance Bank In Rotich Fraud Case

CBK Probe Maisha Microfinance Bank In Rotich Fraud Case
A deal sealed by Moi-era powerful minister and businessman Jared Kangwana and embattled Ex-Treasury CS Henry Rotich in 2019 has come to haunt the duo as Central Bank closes in on investigation, Kenya Insights has learnt.
In 2016, Kangwana teamed up with his associates to ; University don Beatrice Shabana, managing partner at Grant Thornton Kenya Kamal Shah and a then visiting professor at Strathmore Business School Prof Alejandro Lago to form Maisha Microfinance Bank targeting small traders.
Maisha MFB became the 13th micro lender licensed by the Central Bank of Kenya (CBK).
Maisha’s initial capitalization was Sh90 million. The CBK requires microfinance banks to have a core capital of Sh60 million. ....

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