In Kenya, where there are a multiplicity of regulators, what is the case for and against adopting a consolidated regulatory framework for the financial sector?doi:10.2139/ssrn.1837354Mutuku, NzomoSsrn Electronic JournalCase for Consolidated Financial Sector Regulation in Kenya, Nzomo Mutuku, Research ...
Shaping the future of banking and regulatory oversight in Kenya Contractual freedom has been the epicentre of contract engagement between banks and their customers in Kenya. Based on the needs of a client and the bank’s risk appetite, banks dictate the terms of engagement when advancing loan fac...
NAIROBI, June 29 (Xinhua) -- Kenya and China's capital market regulators are set to hold discussions on how financial technology (fintech) can help accelerate economic development in Kenya, a Kenyan official said. Paul Muthaura, chief executive officer of Capital Market Authority (CMA), told X...
The relationship between financial innovation and financial performance of commercial banks in Kenya This study sought to determine the relationship between financial innovation and financial performance of commercial banks in Kenya. This study took on a Quasi-experimental research 'design. Data collected ...
He added that the banking industry continues to monitor fraud trends and is working very closely with regulators and financial technology firms to come up with mitigation strategies. "Through the banking industry's collaborations with the CBK and the Communications Authority of Kenya, we hope to con...
Kenya has one of the highest levels of fintech penetration in the world, propelled largely by the explosive success of one fintech:M-Pesa. Launched in 2007, M-Pesa made it easier for Kenyans—and later, people in other countries—to use their mobile phones to reliably and quickly pay one...
They must also make sure the company follows the rules and regulations laid out by governments, regulators, and other jurisdictions to stay in compliance and avoid hefty fines. Types of Financial Management In general, financial management is divided into the following types: Working capital ...
In particular, board and government ownership are significantly and negatively associated with bank performance, whereas foreign ownership is strongly positively associated with bank performance, and institutional shareholders have no impact on the performance of financial institutions in Kenya. The study ...
It also reports the number of banks in each country. Coverage: 2004-15. CountryBank efficiencyFinancial inclusion indexFinancial outreachUsage# of banksCountryBank efficiencyFinancial inclusion indexFinancial outreachUsage# of banks Afghanistan 0.183 0.027 (78) 0.012 0.043 1 Kenya 0.233 0.134 (58) ...
However, he said, Africa's contribution to the global e-commerce statistics was below 2 percent in 2015. Mucheru called on African states to take necessary steps to foster the growth of e-commerce. Communications Authority of Kenya (CA) Chairman Ngene Gituku called on postal regulators across...