×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

Can’t lend, won’t lend: Why banks are locking up their vaults

Until a few weeks ago, Benson was the proud owner of a thriving electronics business in Nairobi.

But he has since shifted to taxi driving after it became apparent a majority of Kenyans have more pressing needs than buying  TV sets, smartphones or laptops during these difficult economic times brought on by the coronavirus pandemic.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in