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More Kenyans hooked on loans as pandemic takes its toll

BUSINESS

New data shows increased dependence on borrowing for sustenance, with many taking credit from one loan app to pay off another.

More Kenyans hooked on loans as pandemic takes its toll

By Awal Mohammed | 12 days ago

State runs out of space for more domestic loans

State runs out of space for more domestic loans

Move has left local investors, particularly commercial banks with the arduous task of finding the safest place to park their cash.

Dominic Omondi | 1 month ago

Man, 67, kills himself, family blames loan

Chepalungu Sub-County police commander Nelson Maasai said the body of the deceased was taken to Longisa Hospital Mortuary.

Gilbert Kimutai | 1 month ago

World Bank loans increase by Sh304 billion in coronavirus year

Since the country recorded its first case of Covid-19 in March last year, the Washington-based institution has now given Kenya close to Sh304 billion.

Dominic Omondi | 1 month ago

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