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The latest data shows that non-performing loans rose by Sh25 billion to Sh556.9 billion last year. This is as businesses and individuals struggle to pay up in a difficult economic environment.

Speaking during a car dealer’s breakfast at Gracehouse Resort, Henry Mbugua, Autochek Kenya‘s country manager emphasized how logbook loans offer a swift and secure pathway to financial empowerment in ...

Through the SAFER project, individual micro-enterprises will access loans ranging from Ksh 7,000 to Ksh 150,000.

A Money March report released by the digital lending company, Tala, has revealed that most Kenyans are taking loans for business-related reasons. According to a report shared on March,19,2024, most ...

NAIROBI, Kenya, Mar 28 – Access Bank has increased the cost of borrowing loans after increasing the interest rate to 20 percent. The lender says that it had to hike the rate in response to the tough ...

EACC survey found the high cost of living is perceived as the biggest challenge facing the economy today. World Happiness Report 2024 edition ranked Kenya at position 114 out of 143.

The loan book grew by 9.3 per cent to Sh45.2 billion up from ... “In the year under review, we embarked on an expansion drive to bring quality products and services to all Kenyans. This saw us launch ...

The Impact for Northern Kenya Fund, financed by USAID Kuza, has been working with enterprises in West Pokot and Turkana since 2022.

The US government’s lender for development projects is investigating its oversight of a loan it made for schools in Kenya after allegations emerged of sexual abuse.

Kenya contributed to 63.3% of the nominal year-on-year growth ... Investment securities to total assets stood at 18.3%. Interest on net loans and advances increased by 44.5%y/y bolstered by the value ...

Kenya Airways Plc now seeks to raise as much as $1.5 billion in fresh capital in a restructuring process authorities say will revive the carrier and plug a drain on state resources.

On the day Uganda bagged the loan, March 6, 2024, Bank of Uganda [BoU] announced a central bank rate [CBR] of 10 per cent from 9.5 per cent, and a bank rate of 14 per cent. The CBR is an indicator to ...

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