NCBA Bank has launched a pilot program that allows musicians to use their songs, catalogues, and royalty income as collateral for bank loans. The new initiative, co-designed with celebrated producer Morris Kobia, popularly known as Motif Di Don, aims to fill chronic financing gaps in Kenya’s creative economy, an industry valued at Ksh110 billion annually
The Central Bank of Kenya (CBK) has explained why global oil prices increased in the week ending October 24, 2025. In its weekly bulletin, CBK said global oil prices have risen again, driven by escalating geopolitical tensions and supply challenges that have overshadowed earlier worries about weakening global demand. CBK said oil prices increased from
The Kenya Revenue Authority (KRA) has announced changes in the application for a Tax Compliance Certificate (TCC). In a notice on October 24, KRA notified the public that it has enhanced the TCC application process to include compliance with eTIMS/TIMS for non-individual entities and individuals with income other than employment income. “We have enhanced the
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