The World Bank yesterday clarified that the Government has not asked it for support to borrow funds from workers’ savings in the National Social Security Fund (NSSF). The World Bank yesterday ...

is the questionable bond transaction through the NSSF CSD accounts and those of Mr Humphrey Wachira Gichuru and Pergamon Investment Bank Ltd.“The Central Bank of Kenya would like to bring to ...

The World Bank has backed Kenya’s efforts to increase pension contributions by workers to the National Social Security Fund (NSSF) from the current Sh200 per month to six per cent of monthly pay.

including the Africa Export-Import Bank (Afrexim) and the Trade and Development Bank (TDB), could be stripped of their Preferred Credit Status, JPMorgan analysts warned. Preferred Creditor Status ...

Ghengis Capital, which was affiliated to Chase Bank at the time of the lender’s collapse, booked a 22 per cent drop in assets, which fell from Sh700 million to Sh545 million. NSSF fund managers ...

The World Bank, for example, extended a $300 million facility earlier this year to help accelerate development of clean energy. The TDB may issue within 12 months as an “element of normalization” ...

but simmering disagreements over two key African banks could keep them in default for longer than anticipated, hampering their economic recoveries. March 25, 2024 Britain agrees $100 mln trade ...

NAIROBI, Jan 19 (Reuters) - The Trade and Development Bank (TDB) has lent Kenya $210 million, Finance Minister Njuguna Ndung'u told Reuters on Friday, ahead of the maturation of a $2 billion ...

The bank confirmed yesterday that National Social Security Fund (NSSF), which owns 48.06 per cent, and National Treasury (22.5 per cent), had agreed to recapitalise the bank in the next six months.

The Trade and Development Bank (TDB) has spearheaded numerous high-impact financing projects that strengthen energy infrastructure and promote sustainability across Africa. Notable initiatives include ...