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Recession

A significant decline in economic activity, typically marked by a decrease in GDP, employment, and overall bu…

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MCKe Team

Sept. 2, 2026
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Central Bank Rate

The central bank rate is the baseline interest rate that a nation's central bank charges commercial banks for…

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MCKe Team

Sept. 17, 2026
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Debt Buyback

The process where either a borrower or a related party of the borrower (an affiliate, parent or investor) pur…

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MCKe Team

Aug. 8, 2025
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Tax Assessment

The Kenyan tax system is a self-assessment system where a taxpayer assesses himself or herself and makes paym…

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MCKe Team

Sept. 15, 2025
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Commercial Papers

Commercial Papers (CPs) are unsecured, short-term debt instruments issued by corporations, financial institut…

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MCKe Team

July 3, 2025
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Call deposit

Call deposit are a type of bank account that allows funds to be deposited and withdrawn at any time upon the …

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MCKe Team

July 4, 2025